The Southeastern Conference commissioner Greg Sankey said Thursday that they have reached a record high payout of $651 million for their 14 schools, and the Dawgs got paid.
The average payout per team was just shy of $45 million and Georgia received $44 million. This total conference payout was up nearly four percent from the previous year of $627.1 million.
The SEC released in a statement that all of this revenue is coming from TV contracts, bowl games, the College Football Playoff, the SEC football championship, the SEC men’s basketball tournament, NCAA championships and a supplemental surplus distribution.