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SEC revenue sharing for 2020-21: $54.6M per school
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PeteTheChop Online
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SEC revenue sharing for 2020-21: $54.6M per school
Wonder how the bosses at Clemson, FSU and North Carolina feel about that number compared to the their checks from Greensboro.

I know, I know ... ACC loyalty, unbreakable GOR til 2036, don't forget about the look-in, etc., etc.

JRsec thoughts?

LINK:

https://www.espn.com/college-sports/stor...8m-2020-21
(This post was last modified: 02-11-2022 05:19 PM by PeteTheChop.)
02-11-2022 05:18 PM
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dbackjon Offline
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RE: SEC revenue sharing for 2020-21: $54.6M per school
Was another thread on this needed?
02-11-2022 05:36 PM
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PeteTheChop Online
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RE: SEC revenue sharing for 2020-21: $54.6M per school
(02-11-2022 05:36 PM)dbackjon Wrote:  Was another thread on this needed?

Saw the "official" announcement today on ESPN.com, but I guess I missed the earlier thread specifically about it.

My apologies
02-11-2022 05:46 PM
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Gamenole Offline
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RE: SEC revenue sharing for 2020-21: $54.6M per school
(02-11-2022 05:18 PM)PeteTheChop Wrote:  Wonder how the bosses at Clemson, FSU and North Carolina feel about that number compared to the their checks from Greensboro.

I know, I know ... ACC loyalty, unbreakable GOR til 2036, don't forget about the look-in, etc., etc.

JRsec thoughts?

LINK:

https://www.espn.com/college-sports/stor...8m-2020-21

I certainly hope that there are ongoing quiet discussions between Tallahassee and Birmingham, and competent attorneys charged with monitoring the changing landscape of college sports diligently for any opportunity to escape the ACC GoR prison.
02-11-2022 06:14 PM
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Hokie Mark Offline
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RE: SEC revenue sharing for 2020-21: $54.6M per school
Am I the only one suspicious about the ESPN piece which claims that the SEC somehow increased it's 2020-21 distribution to $54.6M/school (up from $45M the previous year), when
- it was during a pandemic, so ticket sales were way down
- it was before any part of the new tv contract (even the ESPN+ part) had gone into effect
- schools allegedly needed to borrow $23M each from future revenues (but why would that be the case if revenue was truly up $9.6M?)

Call me skeptical. Something is VERY fishy about this.

https://accfootballrx.blogspot.com/2021/...c-32M.html
02-11-2022 09:13 PM
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RE: SEC revenue sharing for 2020-21: $54.6M per school
(02-11-2022 09:13 PM)Hokie Mark Wrote:  Am I the only one suspicious about the ESPN piece which claims that the SEC somehow increased it's 2020-21 distribution to $54.6M/school (up from $45M the previous year), when
- it was during a pandemic, so ticket sales were way down
- it was before any part of the new tv contract (even the ESPN+ part) had gone into effect
- schools allegedly needed to borrow $23M each from future revenues (but why would that be the case if revenue was truly up $9.6M?)

Call me skeptical. Something is VERY fishy about this.

https://accfootballrx.blogspot.com/2021/...c-32M.html

Yes. You're the only one. Its an official SEC office release if you looked at the other thread. https://www.secsports.com/article/332613...stribution
02-11-2022 11:02 PM
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JRsec Offline
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RE: SEC revenue sharing for 2020-21: $54.6M per school
(02-11-2022 11:02 PM)bullet Wrote:  
(02-11-2022 09:13 PM)Hokie Mark Wrote:  Am I the only one suspicious about the ESPN piece which claims that the SEC somehow increased it's 2020-21 distribution to $54.6M/school (up from $45M the previous year), when
- it was during a pandemic, so ticket sales were way down
- it was before any part of the new tv contract (even the ESPN+ part) had gone into effect
- schools allegedly needed to borrow $23M each from future revenues (but why would that be the case if revenue was truly up $9.6M?)

Call me skeptical. Something is VERY fishy about this.

https://accfootballrx.blogspot.com/2021/...c-32M.html

Yes. You're the only one. Its an official SEC office release if you looked at the other thread. https://www.secsports.com/article/332613...stribution

The difference is almost 2 million on the CBS escalator and about 7 plus million likely from a renewal of T2 rights during the T1 bid and contract negotiations. I expect the SEC will get around a 400 million NET increase when the T1 kicks in and we got about 100 of that now for a T2 increase on an old contract.

When OU and UT come on board it could be between 5 to 7 million more per school. We'll see on that one.
02-11-2022 11:28 PM
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stever20 Offline
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RE: SEC revenue sharing for 2020-21: $54.6M per school
Also would say as another add to things- the SEC mens tournament was able to be held in 2020-21 after only first 3 sessions in 2019-20.

Also don't think the conference got anywhere near as much money from the NCAA in 2019-20 from the NCAA tournament units. 2020-21 was back to normal I believe.
02-11-2022 11:55 PM
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stever20 Offline
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RE: SEC revenue sharing for 2020-21: $54.6M per school
(02-11-2022 11:55 PM)stever20 Wrote:  Also would say as another add to things- the SEC mens tournament was able to be held in 2020-21 after only first 3 sessions in 2019-20.

Also don't think the conference got anywhere near as much money from the NCAA in 2019-20 from the NCAA tournament units. 2020-21 was back to normal I believe.

Also would say the TV contracts are never a flat line. They go up naturally.
02-12-2022 12:03 AM
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JRsec Offline
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RE: SEC revenue sharing for 2020-21: $54.6M per school
(02-12-2022 12:03 AM)stever20 Wrote:  
(02-11-2022 11:55 PM)stever20 Wrote:  Also would say as another add to things- the SEC mens tournament was able to be held in 2020-21 after only first 3 sessions in 2019-20.

Also don't think the conference got anywhere near as much money from the NCAA in 2019-20 from the NCAA tournament units. 2020-21 was back to normal I believe.

Also would say the TV contracts are never a flat line. They go up naturally.

The CBS contract was headed up about 2 million a year.
The ESPN contract for T2 about 1.
The SEC tourney cut short didn't cost us much and tourney creds the year of Auburn's final four weren't off that much.

What had lagged the SEC revenue projections for 3 years running, and that flatlined the usual escalators, because sagging subscriptions and increased streaming hurt the SECN revenue, dropping it from a peak near 11 million down to around 7. Which is one reason I didn't anticipate a big boost for the ACCN.

So Stever, while there is a bit of truth in what you surmise, there isn't 9 million dollars' worth, and really, it's not even close. The CBS escalator is there and then there is something else. I had heard we might rework the whole contract. Thompson alluded to it and as the exec who handles Disney advertising and ESPN's he'd be in a position to know. I strongly suspect the difference is a reworked T2.
(This post was last modified: 02-12-2022 12:19 AM by JRsec.)
02-12-2022 12:16 AM
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stever20 Offline
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RE: SEC revenue sharing for 2020-21: $54.6M per school
1 thing- for 2019-20 year only 225 million dollars was distributed by the NCAA instead of the projected 600 million dollars due to the covid shutdown.
for 20-21 year the full 613 million dollars was distributed by the NCAA

SEC would have gotten you figure at least 5 million per team more just from that. (and that might help all the conferences out, not just the SEC).
02-12-2022 12:29 AM
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JRsec Offline
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RE: SEC revenue sharing for 2020-21: $54.6M per school
(02-12-2022 12:29 AM)stever20 Wrote:  1 thing- for 2019-20 year only 225 million dollars was distributed by the NCAA instead of the projected 600 million dollars due to the covid shutdown.
for 20-21 year the full 613 million dollars was distributed by the NCAA

SEC would have gotten you figure at least 5 million per team more just from that. (and that might help all the conferences out, not just the SEC).

Except it didn't help the Big 12 avoid a loss and they should have earned more?
02-12-2022 12:32 AM
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stever20 Offline
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RE: SEC revenue sharing for 2020-21: $54.6M per school
(02-12-2022 12:32 AM)JRsec Wrote:  
(02-12-2022 12:29 AM)stever20 Wrote:  1 thing- for 2019-20 year only 225 million dollars was distributed by the NCAA instead of the projected 600 million dollars due to the covid shutdown.
for 20-21 year the full 613 million dollars was distributed by the NCAA

SEC would have gotten you figure at least 5 million per team more just from that. (and that might help all the conferences out, not just the SEC).

Except it didn't help the Big 12 avoid a loss and they should have earned more?

Interesting point.

Big 12 is one of the few that had attendance for 2021 basketball tournament actually drop from 2020- by 3782. SEC went from 0 to 14,782 total for all the sessions.
02-12-2022 12:49 AM
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JRsec Offline
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RE: SEC revenue sharing for 2020-21: $54.6M per school
(02-12-2022 12:49 AM)stever20 Wrote:  
(02-12-2022 12:32 AM)JRsec Wrote:  
(02-12-2022 12:29 AM)stever20 Wrote:  1 thing- for 2019-20 year only 225 million dollars was distributed by the NCAA instead of the projected 600 million dollars due to the covid shutdown.
for 20-21 year the full 613 million dollars was distributed by the NCAA

SEC would have gotten you figure at least 5 million per team more just from that. (and that might help all the conferences out, not just the SEC).

Except it didn't help the Big 12 avoid a loss and they should have earned more?

Interesting point.

Big 12 is one of the few that had attendance for 2021 basketball tournament actually drop from 2020- by 3782. SEC went from 0 to 14,782 total for all the sessions.

Yes, but when you look at SEC payouts prior it was 41 million then ~42 then 45 and now 54. It was escalating at 2/3 rds the expected rate due to cord cutting and one year in there only went up 700,000. There is so much municipal overhead with the conference tourney that outside of TV revenue the attendance simply doesn't add that much when NETTED out and divided 15 ways.

I know what I was told, and numbers wise it remains the most logical source of what is over a 7-million-dollar bump after about a 1.8 million CBS escalator. It'll all come out in a year or two when OU and Texas are on board and the details are made public. The SEC schools should be making 76.5 million by 2025. And that lines up as well with this bump.
02-12-2022 01:06 AM
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quo vadis Offline
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RE: SEC revenue sharing for 2020-21: $54.6M per school
(02-12-2022 12:03 AM)stever20 Wrote:  
(02-11-2022 11:55 PM)stever20 Wrote:  Also would say as another add to things- the SEC mens tournament was able to be held in 2020-21 after only first 3 sessions in 2019-20.

Also don't think the conference got anywhere near as much money from the NCAA in 2019-20 from the NCAA tournament units. 2020-21 was back to normal I believe.

Also would say the TV contracts are never a flat line. They go up naturally.

It's especially impressive given that in 2020, the Sugar Bowl was a playoff game, so the SEC did not get the $40m from it that they get in the other two years of the CFP cycle. That's worth almost $3m per school right there.
02-12-2022 09:29 AM
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GoldenWarrior11 Online
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RE: SEC revenue sharing for 2020-21: $54.6M per school
SEC continues to grow financially at a significant rate. By the 2040s, SEC schools could be making $100 million annually.
02-12-2022 10:03 AM
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