The SEC distributed $40.9 million to each of its 14 member schools based on total revenue generated in the 2016-17 fiscal year, the conference announced Thursday.
The league, based in Birmingham, took in a total of $596.9 million in revenue in the fiscal year ending Aug. 31. That total included $573.8 generated by the conference office, and an additional $23.1 million in expense money retained by schools who participated in bowl games.
"This distribution from the SEC is instrumental to our universities' athletics programs ability to provide the highest possible level of support for the thousands of student-athletes who participate annually in nearly two dozen conference sports," SEC commissioner Greg Sankey said.