clock menu more-arrow no yes

Filed under:

SEC money cannon sends $39 million Mizzou’s way

New, 284 comments

Here are today’s Mizzou Links. (What? There was a basketball game last night? I don’t know what you’re talking about.)

Missouri is almost certainly going to be looking for a basketball coach soon. But despite horrific ticket sales and a level of fan apathy I never thought I’d see, money ... shouldn’t be an obstacle.

The SEC generated over $639 million in total revenue for the 2015-16 fiscal year, an increase of more than 21 percent from the previous year. [...]

The total revenue includes $584.2 million divided among the 14 member schools, of which $565.9 million was distributed from the conference office and $18.3 million was retained by schools that participated in 2015-16 football bowl games to offset travel and other related bowl expenses.

Each SEC school received over $40.4 million from the conference, up from $32.7 million in 2014-15. [...]

The total revenue distribution amount is comprised of revenue generated from television agreements, post-season bowl games, the College Football Playoff, the SEC Football Championship, the SEC Men's Basketball Tournament, NCAA Championships and a supplemental surplus distribution.

Mizzou got slightly less than others because it didn’t go bowling.

Missouri's SEC share was $39,382,365, which ranked 11th in the league ahead of Alabama, Ole Miss and Kentucky, according to tax returns obtained by USA Today.

The SEC's total revenue for 2015-16 increased from $475.8 million distributed in 2014-15. The per school distribution average increased nearly 24 percent from $32.7 million in 2014-15.

That total includes $565.9 million distributed from the conference office plus $18.3 million retained by schools that participated in 2015-16 football bowl games to offset bowl expenses.

Loved the kicker in this KC Star piece.

According to Missouri’s NCAA financial report for the 2016 fiscal year, the athletic department earned $33.5 million in revenue for media rights — the bulk of it coming from the conference — plus another $8.48 million in conference distributions.

The Tigers also received $1,186,799 in NCAA distributions for a total of $43.2 million in revenue from the SEC and NCAA. [...]

The most the Tigers made in the Big 12 was $16.8 million in combined revenue during the 2011 fiscal year.

Damn.


More Links