SEC reports 2024 fiscal year deficit

SEC reports 2024 fiscal year deficit after expansion payments to Oklahoma, Texas
The Southeastern Conference reported a financial deficit for the 2024 fiscal year after league made expansion-related payments to Oklahoma, Texas.
SEC reports $808.4 million in revenue sharing for 2023-24, boosted by Texas and Oklahoma additions
The amount the 14 schools in the SEC last year only inched up, from $51.3 million to $52.5 million because Oklahoma and Texas received a cut
LSU's SEC revenue share increases for 2023-24 despite addition of Oklahoma, Texas
The SEC's 14 pre-expansion members saw their league revenue share increase to $52.5 million for fiscal 2023-24. Texas and Oklahoma each received $27.5 million.
Heading for windfall, SEC revenue down slightly after expansion payments to Texas, OU
Heading for financial windfall, the SEC actually saw a dip in revenue after payments to Texas and Oklahoma worth $27.5 million.
Texas, Oklahoma each get $27.5 million in payouts from SEC for last fiscal year
Texas and Oklahoma, which officially joined the SEC in July, received nearly half of what the other 14 member schools got in their payouts this year.
SEC generates $808.4 million in revenue for 2023-24 as Texas, Oklahoma bolster conference earnings
The SEC announced $808.4 million in revenue distribution to its 16 member universities for the 2023-24 fiscal year, which ended Aug. 31, 2024. Included in that figure are Oklahoma and Texas, which officially joined the conference in July 2024.
14 SEC schools get $52.5 million in revenue distribution; OU, Texas get $27.5 million
Oklahoma and Texas received $27.5 million each as transition payments upon joining the SEC, planning to reach full revenue share next fiscal year.
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