How the SEC Revenue Payout Could Change College Athletics
By Ryan Summers
On the final day of the Southeastern Conference Spring meetings on May 29, the league announced its plans to distribute $31.2 million to each school within the next year.
Compared to last year, it’s an increase of over $10 million that each SEC school will receive. In 2014, each institution received an average $20.9 million payout.
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The huge increase in revenue is a part of a continuing transition for the league that has a new commissioner, new rules regarding the storming of courts and fields, and a new transfer policy.
The increased payout will allow teams to compete at a higher level then they could before, which will also help compensate for the smaller market teams in the league.
As SEC teams continue to be top competitors in all sports around the country, the revenue will continue to grow.
If the price is right, the SEC can become one of the most powerful sports organizations in the country; forget just college athletics.
That being said, the rich will only continue to get richer in the SEC and the conference will continue to dominate on the national stage.
This semester, the SEC has taken home NCAA National Championships in men’s golf (LSU), women’s tennis (Vanderbilt), and softball (Florida) and have four of eight teams taking part in the College World Series.
If the schools continue to improve in all facets of their athletic programs with this boost in revenue, the SEC will have championship teams in almost every sport.
This kind of revenue around the conference could even lead to the addition of more team sports at certain schools. Adding more men and women’s sports teams at a number of the smaller schools, would definitely broaden the horizons of the SEC.
It is definitely something to keep an eye on.
The SEC could have more team sports like men’s volleyball, men’s lacrosse and women’s water polo if the money is allocated certain ways.
The more money made, the more teams have to build nice facilities and stadiums. The nicer the facilities, the likelihood more recruits that will want to go there.
The more recruits, the better the team.
Better teams equal more national championships.
If you think the SEC is good now – wait until this type of money flows in every year for all institutions; we may be talking more dynasties in the making.
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