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The SEC distributed $40.9 million per team in 2016-17

What’s better than the $40.4 million in revenue that the SEC distributed during the 2015-16 fiscal year? $40.9 million! That’s the total for 2016-17.

The SEC generated $596.9 million in revenue for the 2016-17 fiscal year and distributed an average of approximately $40.9 million to 14 members, the league announced Thursday.

The average distribution from the league does not include bowl revenue retained by participating schools, which totals $23.1 million. The SEC’s payout for the most recent fiscal year, which ended Aug. 31, represents a slight increase from fiscal year 2015-16, when the league generated $584.