For the schools, it’s get the check day. Last year’s SEC revenue sharing distributions averaged $20.9 million. This year, the first with the SEC Network funds in the league’s bank accounts, that figure is expected to exceed $30 million. We’ll see.
That’s a lot of cash.
Commissioner Mike Slive on the first day talked about wanting to add teeth to the league’s financial penalties for schools that allow fans to rush the field or court. The current structure of $5,000 for a first offense, $25,000 for the second and $50,000 for a third occurrence and beyond was put in place in 2004.