College Football

Auburn Football: SEC Announces 2015-16 Revenue Distribution

Updated Mar. 4, 2020 9:33 p.m. ET

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Fansided, Ty Roush/FanSided via Fly War Eagle

Here we discuss the newest SEC revenue distribution that has Auburn looking to gain $40.4 million from the 2015-16 season.

Auburn football will be looking add on a bit more to their piles of cash as the 2015-16 fiscal year came to a close on Aug. 31, 2016. Commissioner Greg Sankey announced Feb. 2, 2017, that the Southeastern Conference gathered a total revenue of $584.2 million that will divided among the 14 total schools.

This total does include $565.9 million — a roughly $90.1 million increase from 2014-15 — that will be distributed from the conference office in addition to $18.3 million retained by the schools that participated in bowl games that season — to tackle and offset travel and other expenses.

All of this means that the distribution average — with the exclusion of all the bowl money being retained — was approximately $40.4 million each.

This is comprised of revenue that was generated from television agreements, bowl games, the College Football Playoff, the SEC Football and Basketball Championships, various NCAA championships and the supplemental surplus distribution.

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At this time there is approximately 5,400 female and male student-athletes in the SEC who receive financial aid with more than 7,800 total student-athletes participating in sports that are sponsored by institutions of the SEC. This includes the large variety of club sports teams that are offered by most universities (e.g. there’s a hockey club team at Auburn).

This in mind, the 2015-16 academic year was also the first year where SEC schools would fun new costs associated with the provision of scholarships based on a student-athlete’s cost of attendance while expanding availability of “lifetime educational opportunities” to former student-athletes.

Something to keep in mind with all this money flying around is how athletes still aren’t getting paid. Personally it boggles the mind with each school getting $40.4 million each — and it makes sense to just give the athletes scholarships.

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