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SEC announces revenue distribution for 2016-17

The SEC announced Thursday that the league generated $596.9 million dollars in revenue in the 2016-17 fiscal year. That includes $573.8 million generated by the league office as well as $23.1 million generated by school’s participation in bowl games.

The league splits that revenue evenly between the 14 schools, giving each institution approximately $40.9 million dollars.

“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 in a release.