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BIRMINGHAM, Ala. -- The Southeastern Conference distributed an average of almost $52.6 million to the 14 full-year members for the 2023-24 season in a slight increase from the previous year, according to its tax filing.
The league announced its revenue figures and released its tax filing Thursday for the fiscal year that ended in August, which included Oklahoma and Texas joining the league in July to expand the SEC to 16 schools. The Sooners and Longhorns each received $27.5 million in what the league described in a news release as "transition payments," accounting for a mix of TV agreements and refundable application fees from a previous fiscal year.