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The $EC breaks the bank again in its annual revenue distribution

It pays to be a member of the SEC.

It pays really, really well.

The SEC announced Thursday that approximately $596.9 million of total revenue was divided among the league's 14 institutions members for the 2016-17 fiscal year, which ended August 31, 2017.

The average amount distributed, excluding bowl money retained by participants like LSU, was slightly over $40.9 million per school.

The total includes $573.8 million distributed from the conference office, as well as $23.1 million retained by institutions that participated in 2016-17 football bowl games to offset travel and other related bowl expenses.