AL (AP) BIRMINGHAM, AL The Southeastern Conference revealed on Thursday that, for the fiscal year that concluded in August of
last year, it gave its 14 member institutions an average of $51.3 million, an increase of $1.4 million from the previous year.
According to the SEC, its members received $741 million of the total revenue. The league office gave out $718 million of that total, with
the schools keeping $23 million for travel and other bowl-related costs. Those sums were from the fiscal year 2022–2023.
The SEC dispersed $721.8 million of its entire revenue in the preceding fiscal year.
Revenue from bowl games, the College Football Playoff, the SEC football championship game, the SEC men’s basketball tournament,
NCAA titles, broadcast deals, and a supplemental excess payout are all included in the total distribution amount.
It excludes the $8.1 million in grants that the 14 schools received from the SEC and NCAA.
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Slive, 77, dies as a former commissioner of the Southeastern Conference
Mike Slive, the former commissioner of the Southeastern Conference who led the league to unheard-of levels of prosperity and
success, passed away on Wednesday. He was seventy-seven.
Slive passed away in Birmingham, Alabama, where he shared a home with his wife of 49 years, Liz, according to the Southeastern
Conference. The reason of death was not disclosed at the meeting.
After serving as commissioner for 13 years, Slive retired in 2015. He had just resigned because he was fighting prostate cancer.
In 2002, Slive took over as SEC commissioner from Roy Kramer. He joined from Conference USA with the goal of improving the SEC,
which was plagued by problems with NCAA compliance. Shortly after, the SEC emerged as the dominant league in college football,
capturing seven consecutive national titles and securing billion-dollar broadcast deals.
SEC Commissioner Greg Sankey, who succeeded Slive, told the SEC Network, “He was a friend before he was the boss, he was a friend
while he was the boss, he was a friend after.”
Slive was the main force behind the SEC’s founding, helped create the College Football Playoff, and increased its membership from 12
to 14 institutions in 2012 with the admission of Texas A&M and Missouri.
Son of a butcher, Slive was born in Utica, New York. Before beginning a lengthy career in college athletics, he graduated from law
school and established a firm that helped institutions with NCAA concerns. He served as the first commissioner of C-USA and the
Great Midwest Conference.
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