Florida to share in record SEC total revenue for 2012-13 fiscal year
The 14 member-schools in the SEC will share approximately $289.4 million as part of the league's revenue sharing plan for the 2012-13 fiscal year, SEC Commissioner Mike Slive released today.
The $289.4 million is the highest total ever distributed in SEC history.
The revenue sharing plans include money generated by football television, bowls, the SEC Football Championship, basketball television, the SEC Men’s Basketball Tournament, NCAA Championships and supplemental distribution. It does not include revenue individual schools generate through local media packages.
It also does not include $14.1 million retained by the schools which participated in bowls and $980,000 divided among all 14 member-schools by the NCAA for academic enhancement.
The average amount to be distributed to each school is $20.7 million.
In 2011, the then-12 member schools split &219.9 million, and last year the schools divided $244 million. This is the first year the league has included 14 member schools, with Missouri and Texas A&M joining the league last year.