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SBD/June 3, 2013/Colleges
SEC Sets Conference Record With Distribution Of Almost $290M To Member Schools
Published June 3, 2013
FACILITIES BOOM: In St. Louis, Dave Matter noted at the Univ. of Missouri there are “several ongoing renovations” as the school “finds its stride in the facilities race across the Southeastern Conference.” Construction crews on the campus “are busy.” MU in its second year in the SEC has a “bigger budget and more revenue on the way when the SEC Network launches" in '14. The school will get its “full share” of $20.7M, which is “more than double the revenue MU earned from the Big 12 just three years ago.” MU Exec Associate AD Tim Hickman said that MU’s ‘10 share was “approximately $9 million.” In ‘11, the last year MU received Big 12 revenue, the school “earned $11 million.” After leaving the Big 12 for the SEC, MU “did not receive a league payout last year.” Instead, the Big 12 withheld $12.41M from MU, “which the university absorbed.” Hickman said that the athletics department “will repay the university over the next several years” (ST. LOUIS POST-DISPATCH, 6/2). Meanwhile, in Birmingham, Jon Solomon wondered, “What's with some of the empty seats, SEC football fans?” The SEC “authorized money at its spring meetings to conduct market research this fall to better understand why football attendance at some schools has declined.” The survey information will be “used to analyze the conference and individual schools” (BIRMINGHAM NEWS, 6/1).