UNIVERSITY OF ALABAMA RECEIVES OVER $44.6 MILLION FROM SEC REVENUE SPLIT
In the SEC, it just pays more.
The Southeastern Conference announced its 2018-19 revenue distribution on Thursday. The powerhouse sports conference divided $651 million of total revenue among its 14 schools. The distribution amount is generated from television deals and post-season tournaments and bowl games.
Each school, including the University of Alabama, received about $44.6 million from the revenue split.
“The revenue distributed through the Southeastern Conference enables our 14 member universities to provide unparalleled support to their student-athletes through superior instruction, training, equipment, academic counseling, medical care, mental health and wellness support and life-skills development,” SEC Commissioner Greg Sankey said in a press release. “It is this sustained conference-wide commitment to the student-athlete experience that makes this conference sound and its impact so meaningful.”
The revenue received by each school is funneled into scholarships, athletic and academic, campus initiatives, building projects and more.
The revenue distributed from the 2018-19 year is an increase from the $627.1 million distributed in 2017-18.