Greg Sankey, the commissioner of the SEC, stated on Thursday that the 14 universities in the conference will receive $741 million in income for the fiscal year 2022-2023.
According to a Sankey statement, “SEC member universities are proud to support thousands of student-athletes who participate in broad-based athletic programs across the league.” Through an unforgettable and life-altering college experience that includes top-notch coaching, training, academic counselling, medical attention, mental health support, nutrition, life skills development, and post-eligibility healthcare coverage for student-athletes, SEC universities are dedicated to providing a high-level experience for all of our participants.
This is the breakdown of the money:
The SEC office distributed $718 million in total.
A further $23 million was kept by each school that took part in the football bowl games in 2022–2023.
$51.3 million was allotted to each institution; participant-retained bowl expenses were not included.
The SEC distributes $50 million to Auburn for fiscal year 2023.
The money received from broadcast deals, bowl games, college football playoffs, SEC football championship games, SEC men’s basketball tournaments, and NCAA titles makes up the distribution amount.
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