SEC announces another record distribution

SEC announces another record distribution

May 30th, 2014 by David Paschall in Local - Breaking News

SEC Southeastern Conference

SEC Southeastern Conference

The Southeastern Conference's annual spring meetings drew to a close today with league commissioner Mike Slive announcing another record jackpot.

Slive said that approximately $309.6 million of total distributions will be divided among the 14 league's institutions. The distributions are calculated based on the revenue sharing plan for the 2013-14 fiscal year which ends August 31, 2014.

The $309.6 million is the highest distribution in SEC history, topping the $304.7 million from 2012-13. This year's total includes $292.8 million distributed from the league office, as well as $16.8 million of contracted revenue retained by institutions that participated in 2013-14 bowl games.

For more information, read Saturday's Times Free Press