If you’re the SEC, pleading poverty isn’t easy to do.
From the latest chapter of “Miz Scarlett, howevah could the poah schools find the money to pay those greedy student-athletes?” comes this financial tidbit:
Over half a billion dollars. In one year. That’s a 60% increase over the preceding fiscal year. In six years, SEC revenues have more than trebled.
I asked sarcastically in the comments how SEC schools could afford to get in an arms race over COA stipends. At this point, does anyone really wonder about that?
From the latest chapter of “Miz Scarlett, howevah could the poah schools find the money to pay those greedy student-athletes?” comes this financial tidbit:
The return, which the conference provided Thursday in response to a request from USA TODAY Sports, also shows that SEC had $527.4 million in total revenue for a fiscal year that ended Aug. 31, 2015. That was the first fiscal year in which the conference began receiving money from the formation of the SEC Network and from the new College Football Playoff.
Over half a billion dollars. In one year. That’s a 60% increase over the preceding fiscal year. In six years, SEC revenues have more than trebled.
I asked sarcastically in the comments how SEC schools could afford to get in an arms race over COA stipends. At this point, does anyone really wonder about that?