MSU, Ole Miss cash in from conference pot of gold

Published 7:21 am Friday, February 10, 2023

The Southeastern Conference says it distributed an average of $49.9 million to its 14 member schools for the fiscal year that ended last August.

Commissioner Greg Sankey said Thursday the league divided $721.8 million of total revenue among its members. That included $698.5 million distributed by the league office and $23.3 million retained by schools for travel and other bowl-related expenses. The amounts were from the 2021-22 fiscal year which ended August 31.

In the previous fiscal year, the SEC had distributed $764.4 million of total revenue, or about $54.6 million to each school.

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The total distribution amount includes revenue generated from television agreements, bowl games, the College Football Playoff, the SEC football championship game, the SEC men’s basketball tournament, NCAA Championships and a supplemental surplus distribution.

It doesn’t include an additional $8.1 million in grants from the NCAA and SEC divided among the 14 schools.