The biggest reason Oklahoma joined the Southeastern Conference came to full light on Thursday.
The SEC distributed $1.03 billion to the 16 teams in the league for the 2024-25 fiscal year, commissioner Greg Sankey announced Thursday. That distribution is in excess of $200 million more than the league’s teams picked up in the fiscal year before.
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Oklahoma also $2.6 million relating to the school’s participation in the College Football Playoff and previously designated NCAA funds. Texas, which also made the CFP and joined the Sooners from the Big 12 in the same year, picked up $12.1 million in such funds.
“The SEC’s annual revenue sharing allows member universities to support elite athletics programs, including sustained and meaningful investment in women’s and Olympic sports that enhances opportunities and strengthens resources, while advancing the academic and athletic aspirations of thousands of student-athletes,” Sankey said.
Oklahoma and Texas did not pick up the same total as the other 14 schools in the conference as they were not designated as full members. That, however, changes next year and the universities should receive even more than average $72 million picked up by those other 14 schools did in 2024-25.
As a note of comparison, the Big 12 distributed about half of the SEC’s $1.02 billion to its member schools in the 2024-25 academic year.
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The payout for those receiving the full share in the SEC is made up from funds generated from television deals, bowl games including the CFP, SEC championship games, the SEC men’s basketball tournament and the NCAA Championships.
This article originally appeared on Sooners Wire: Southeastern Conference distributes $1.02 billion in revenue sharing
