DESTIN, Fla. - Once again, SEC schools will receive more from the conference than the year before, though it was just a slight increase.
That should change next year.
The SEC announced that that a total of $309.6 million is being distributed to its 14 schools, or $20.9 million per school. That's up from a total of $304.7 million last year, continuing a stark increase in the past five years: The SEC distributed $165.9 million to its then-12 schools in 2009.
But this August the SEC Network comes in, which should boost revenue even further. Commissioner Mike Slive declined to say how much on Friday.
"Everything is speculative. We've never said anything about that, ESPN has never said anything about that," Slive said. "We're optimistic. We believe the product is so good, we believe the network is so strong, we believe the network will be national. We believe it will generate revenue as it grows over the decade."
Much of that also depends on how many cable carries ESPN and the SEC can get to carry the new channel. So far U-Verse and Dish are the only major carriers to agree to it.
I think weve got the pull, but obviously there are still some tough negotiations going on, South Carolina president Harris Pastides said. But I think they will end favorably.