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Question about SEC revenue sharing

Posted on 12/6/12 at 12:52 pm
Posted by CalTiger53
California
Member since Oct 2011
9037 posts
Posted on 12/6/12 at 12:52 pm
If SEC divides the revenue among its members equally, how do the winners of SEC or NC titles benefit financially?
Posted by PurpleAndGold86
Member since Jun 2012
11036 posts
Posted on 12/6/12 at 12:53 pm to
quote:

If SEC divides the revenue among its members equally


I don't think it is divided equally is it?

I guess I always assumed that the team playing in a particular bowl would get the most and then the other 13 teams would divide the remaining portion equally.
Posted by Siderophore
Member since Nov 2010
3338 posts
Posted on 12/6/12 at 12:57 pm to
Teams take travel/entertainment expenses out, the rest goes into a pot and split 15 ways.
Posted by PurpleAndGold86
Member since Jun 2012
11036 posts
Posted on 12/6/12 at 12:58 pm to
quote:

the rest goes into a pot and split 15 ways


Why 15?
Posted by TXGunslinger10
Houston, TX
Member since Jun 2011
17995 posts
Posted on 12/6/12 at 12:58 pm to
quote:

Teams take travel/entertainment expenses out, the rest goes into a pot and split 15 ways.


And the SEC office takes their share, puts it in an unmarked envelope, and slides it under Mal Moore's office door.
Posted by Siderophore
Member since Nov 2010
3338 posts
Posted on 12/6/12 at 12:58 pm to
14 schools and SEC admin takes an equal share.
Posted by PurpleAndGold86
Member since Jun 2012
11036 posts
Posted on 12/6/12 at 1:00 pm to
quote:

SEC admin takes an equal share


Wow.


Seems like the wrong way to do it. I feel like whichever teams play in the higher revenue bowls should get a bigger % of that than everyone else. But then again, who am I?
Posted by Siderophore
Member since Nov 2010
3338 posts
Posted on 12/6/12 at 1:01 pm to
The Big 12 thought the same.
Posted by Les
Red Stick
Member since Sep 2012
418 posts
Posted on 12/6/12 at 1:02 pm to
quote:

I feel like whichever teams play in the higher revenue bowls should get a bigger % of that than everyone else. But then again, who am I?


not a business man
Posted by lsutigertalk
At Death Valley
Member since Apr 2004
5472 posts
Posted on 12/6/12 at 1:03 pm to
Think about this, Notre Dame makes money every year despite no conference affiliations. The are guaranteed 2.5 or 3 million, I can't remember.
Posted by CalTiger53
California
Member since Oct 2011
9037 posts
Posted on 12/6/12 at 1:04 pm to
So, there is no financial advantage in being LSU/ Alabama vs Vandy/Ole Miss?
Posted by PurpleAndGold86
Member since Jun 2012
11036 posts
Posted on 12/6/12 at 1:04 pm to
quote:

not a business man


Not really sure how that is even relevant but thanks for the commentary.
Posted by Les
Red Stick
Member since Sep 2012
418 posts
Posted on 12/6/12 at 1:04 pm to
Posted by DollaChoppa
I Simp for ACC
Member since May 2008
84774 posts
Posted on 12/6/12 at 1:16 pm to
Sounds like Obamas got damn socialism.

Posted by Siderophore
Member since Nov 2010
3338 posts
Posted on 12/6/12 at 1:27 pm to
In terms of bowl and TV revenue?

No.
Posted by TheDoc
doc is no more
Member since Dec 2005
99297 posts
Posted on 12/6/12 at 1:35 pm to
quote:

Sounds like Obamas got damn socialism.



Posted by TxTiger82
Member since Sep 2004
33940 posts
Posted on 12/6/12 at 1:36 pm to
quote:

Sounds like Obamas got damn socialism.


Actually it is more socialistic. Obama's public option died.
Posted by NathanL
Member since Nov 2012
405 posts
Posted on 12/6/12 at 1:58 pm to
I believe the participating school gets a larger portion (not by much) to cover travel expenses etc...I remember one year reading an article that after LSU paid it's expenses and bonuses it really came out even.

Splitting it and then taking out the expenses is why non major football schools that get into a BCS game like UConn (lost $2 million) and NIU lose money even tho they get a BCS bowl bid.

On one hand I would like to see participating teams get a larger share, on the other hand the SEC doesn't have teams trying to leave left and right like some other conferences.
This post was edited on 12/6/12 at 2:00 pm
Posted by Indiana Tiger
Member since Feb 2005
4057 posts
Posted on 12/6/12 at 2:23 pm to
quote:

Think about this, Notre Dame makes money every year despite no conference affiliations. The are guaranteed 2.5 or 3 million, I can't remember.

It's more like 1.4 or so which is about what a BCS conference member that shares money equally gets from the BCS, e.g. Ole Miss. When they go BCS, although the NCG may be different but I don't think so, they get what the second team from a conference gets which is about 4.5 or so.
Posted by Queen
Member since Nov 2009
3021 posts
Posted on 12/6/12 at 2:43 pm to
quote:

how do the winners of SEC or NC titles benefit financially?


Their brand value goes up. They sell t-shirts and crap with "national champion" all over it and take their royalties.

I took sports marketing at LSU the year after they won the 2007 NC and they said our brand jumped to No. 7 in overall value that year. What's amazing is how Notre Dame/Michigan stay in the top 5 even when they suck.
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