SEC Basketball Conference.
SEC Basketball Conference.
This $ 639 million dollars for The SEC for the fiscal year ending August 31 of 2016 marks a 21 % increase over 2015 fiscal year for The SEC and will CONTINUE through the fiscal year ending August 31 of 2024 by contract.
This is such an astronomical number that dwarfs all other even Power 5 Conferences.
The SEC is the first to file their IRS Income Tax Return for 2016.
Big 12 reported revenue sharing for fiscal year ending August 31 of 2015 of $23.4 million per member.
Pac-12 reported revenue sharing fiscal year end August 31 of 2015 of only $ 25.1 million per member.
ACC reported revenue share 2015 of $ 25.8 million per school average but Notre Dame only $ 6.2 million.
Big 10 reported revenue sharing for fiscal year ending August 31 of 2015 of $ 32.4 million per school.
The SEC just reported 2016 SEC Revenue-Sharing at $ 40.5 million average per member institution.
So large is the discrepancy between member schools as to boggle the mind and the number simply grows more in disparity each season.
University of Georgia annual sports’ revenues include not only the largest pay-out in history by ANY conference EVER to ANY member institution of $ 41.9 million from The SEC for the fiscal year ending August 31 of 2016 but also includes many other revenue streams such as our new marketing deal in some of our sports ticket revenue fees charged to the students interest income because we SIT ON CASH monies paid by us to be able to buy seasons’ tickets in football monies paid to us by bowl games in addition to those distributed by The SEC itself to us and donations/fees we pay to be able to buy seasons’ tickets.
The SEC is sharing revenue for fiscal year ending August 31 of 2016 of $ 567 million retaining $72 million in FEES to the 14 member institutions. This is a charge per school by The SEC of $ 5 million dollars per school. For this at least The SEC is the first to report to the IRS with their income.
The SEC is also the first to report our UGA income from The SEC for the fiscal year ending August 31 of 2016 of $ 41.9 million. This is the largest EVER paid by ANY Conference EVER to ANY school of $ 41.9 million dollars which we can get interest on as well since we don’t spend what we make but annually do pony-up instead PAYMENTS to The University of Georgia of MILLIONS upon MILLIONS of what it terms DONATIONS.
I firmly believe that our INCOME from SPORTS should be INVESTED in sports to insure the long-term viability of our vibrant sports’ programs such as BUILDING us a NEW GYM instead.
The total sports’ revenue for UGA is $ 150 million 2016 fiscal year of which The SEC payments are one-third the total we get. The total includes local media packages, the TV rights with multiple Network agreements The SEC has hammered-out, the NCAA payments of about a million per school slated for Academic Enhancements, post-season bowl games, The SEC Championship Game, College Football Play-Off Revenue, NCAA Championships’ Revenue, March Madness Revenue, The SEC Basketball Tournament Revenue, the amounts retained by each SEC member school in Bowl Games’ Revenue, and the supplemental surplus distribution to name but a few of our revenue streams. Georgia gets each year from its student fees as a Subsidy to our annual Revenue $3,200,000 per year which some schools do not collect as well. And Georgia makes Interest Income as we sit on cash others freely INVEST in their sports such as in new gyms we don’t have. Tickets and donations/fees we pay to buy seasons’ tickets and the new marketing agreement revenue for some of our sports make up the majority of the balance of approximately $ 100 million for fiscal year ending August 31 of 2016 upon which the payment received from The SEC of $ 41.9 million dollars The SEC has now revenue shared with Georgia 2016 fiscal year is added for the total revenue in our sports’ programs of $ 150 million.
While ALL the other schools have built new gyms, Greg McGarity SITS on this cash per his directive from Mike Adam$ who HIRED him to do JUST THAT.
Where our problem REMAINS is plain for all to see.
This CONFIRMATION of The SEC Revenue-Sharing for fiscal year ending August 31 of 2016 is EXACTLY and PRECISELY what I told you one year ago today it would be today.
This is WHY I demanded a NEW GYM from Greg McGarity a year ago today and got feet-dragging instead.
SEC Revenue-Sharing 2017 :
The SEC itself has NOTHING about this Revenue-Sharing on its own WebPages http://www.secsports.com/ .
Auburn is # 33
North Carolina is # 22
Florida is # 25
Kirby # 18 fancy that
Ole Miss is # 11
vols # 9
In SEC Championship Game we’d face either # 1 Alabama or # 5 LSU
That would give Kirby another AP Poll Top 25 Opponent as well
Lots of ranked teams for Kirby
I thought this was supposed to be some pushover schedule ?
No, it is not.
As anyone can readily see.
6 SEC teams in the AP Poll 2016-2017 season. Nice.
5 Pac-12 teams – thought they supposed to be better than The SEC ?
4 ACC teams – but NOT Mark Richt
4 Big 10 teams who have by the way 14 teams not 10 lol
4 Big XII who have by the way 10 teams not 12 lol
2 others made up of a team not from Power 5 Conferences and an independent
1972 is the last time the Pac-12 won the national championship in football
44 year drought Pac-12 national championship football now 2016-2017 season.
The SEC Won the national championship in football :
2004 * Auburn was undefeated and consensus next in line since USC vacated nc game win
10 SEC National Championships in Football starting 2003
Did I mention Georgie tek yellowjackets got no votes -0- none in the AP Poll
Kirby faces 4 AP Poll Top 25 Opponents prior to The SEC Championship Game and Bowl Game – sure to be 2 more Ranked teams for Kirby while Mark Richt is NOT RANKED AT ALL AP Poll which is the way he left this place not only his final failed season but unranked AP Poll Mark Richt 4 of his last 8 years here – half the time.
Ole Miss plays FSU Alabama and Georgia in its first 4 games and Ole Miss is ranked ahead of Kirby.
Michigan plays 2 games all season and both basically in November Ohio State and Michigan State. Cupcake City schedule Michigan. A 2-game season ? That all you got Michigan ? Say you lose them both and win every other game all of which are CUPCAKES you’d be 11-2. Pretty sad Michigan.
I look for FSU Florida State, Ole Miss and Ohio State to have a season where they get knocked down. Not Michigan. Michigan plays a schedule like Boise State. Seriously 2 games you play all season and that is all you got Michigan ?
Kirby starts the season # 16 Coaches’ Poll and # 18 AP Poll 2016-2017 pre-season polls.
11-3 or 12-2 both of which would be better than Mark Richt his last 8 years of average of 4 losses a season and 9 wins average for his last 8 years here in 15 game seasons for the top teams which he was NOT.
Nick has 7 home games and Kirby has 6.
Kirby will have no problems doing something about this downturn the last 8 years of 4 losses a season average. He will not waste the talent like Mark Richt did and will TRY to win, something else Mark Richt quit doing after 2007 – wanting to win – with his stupid mantra for 8 years of there’s something BESIDES winning that’s important here at Georgia.
No there isn’t.
8 years of deficiency, failure, inadequacy, inadequateness, insufficiency, lack, paucity, scantiness, scarceness, scarcity, shortage, undersupply, drought, meagerness, shortfall, mediocrity, losses, deprivation, and skimpy results end.
Long live Kirby ! Good riddance Mark Richt and his loser mentality.
Kent State plays a better football schedule this 2016-2017 season than Michigan. Michigan you are a bunch of pussies.
If we built a big enough new gym, we could force the Atlanta Hawks to play 1 NBA game a year at our new gym in return for what we’ve done for them 3 years in a row now. In fact, there could be MORE NBA and WNBA games here if we do this correctly, as well as hosting NCAA Men’s and Women’s Division I Basketball Championship Tournament games, Final 4, and SEC Championships as well and for others of our 23 sports – all of whom would benefit from a new gym with this annual in excess now of $ 150 million dollars revenue our sports teams at UGA now generate for us as an annuity. It is the # 2 ROI we could put this annuity toward – primarily basketball – ranking only behind the ROI for football as a destination for this in excess now of $ 150 million dollar annual annuity.
There is more meat in this 1 blog post than in all the other blog posts combined today by all Georgia blogs and newspaper stories. This also is the # 1 blog post all-time about The Lady Bulldogs today. By these standards this post is short only 794 words, fully documented and 100 percent accurate as you have become accustomed to here – as has been PROVEN – including my predictions which have been uncannily correct as well – some to your personal chagrin ! So I offer-up this Super Sunday before the game.
The Lady Bulldogs – Top 5 Basketball Program All-Time:
The Lady Bulldogs with RPI # 24 vs. Strength of Schedule # 23 can emerge after SEC Championship Tournament no worse than 21-9 and 9-8 vs. SEC teams with BIG WINS over RPI # 19, 21, 22, & 29 putting us solidly in the NCAA Tournament. In fact, we are 1 MORE Big Win away from being ranked in AP & Coaches Polls. The SEC has 8 teams solidly in The NCAA Women’s Division I Basketball Championship Tournament with 2 more on the bubble at # 52 & # 61. The SEC is ranked The # 1 Women’s Basketball Conference obviously this year. We only have 5 ladies who shoot the ball well and only 3 ladies who make their free throws. We foul way too much but we do play well on Defense, rebound well and we do not turn the ball over. We are deep although Mackenzie Engram has missed now 7 Consecutive Games. Our Ladies have been in 31 of all of the 34 previous NCAA Women’s Division I Basketball Championship Tournaments and this will be 32 of the All-Time 35 since it started for Women in 1982 – this is # 2 All-Time in the Nation ! We also have been ranked 522 times in the AP Poll which is also # 2 All-Time although none this year so getting ranked this season is VERY IMPORTANT to our senior class which includes 4 of our 5 starters and 1 bench player Terry Godwin’s sister. We are a Top 5 Women’s Basketball Program All-Time. We have had 20 WNBA Draft Picks since 1999 which is # 4 in the nation and have 3 more who will be after this season. 65 in a row – every 4-year letterman ever here – have graduated for 36 consecutive seasons and this will be 37. We will have another Academic All-America being named this season as well to bring the total to 4 of our Lovely Lady Bulldogs’ Basketball Players who have been named Academic All-America ! We have 86 NCAA Division I Women’s Basketball Championship Tournament Wins All-Time so we are EXPECTED to add to that this season. Our ladies are embraced nationally as a Consensus Top 5 program on and off the court in the classrooms and the community and our fans are the # 1 fans of this sport we do so well in. We continue to develop this season again top talent obviously and the very top student-athletes. We have 4 Women’s Basketball Hall of Fame. One of only 3 American Athletes who have Won Gold Medals at 4 Different Olympics the Most Decorated Basketball Player in Olympics’ history. 1 of 4 American All-Time Women’s FIBA Federation International Basketball Amateur Hall of Fame. In 2007 we opened “Georgia Coliseum Training Facility” a $30 million dollar 120,000 square feet nation’s largest basketball practice facility where 3 years in a row now this year the Atlanta Hawks do their pre-season practice – most impressive in the nation. We average over 24 wins a season All-Time also Top 5 program in the nation. 11 eleven SEC Titles. This will be our 30th 20-Win Season with 3 more victories. Every game is on TV and Every game can be heard LIVE on FM Radio including in Atlanta on 103.7 WXKT-FM even in your car. I thought you should know. Our men are a different story. Both would benefit from a new gym in retaining in-state talent as well as attracting out-of-state talent and we are BEHIND in supporting our teams with this new gym with the over $150 million revenue annually our teams make us. Our “Georgia Excellence Campaign” has this new gym as their # 1 next goal.
Nearly two-thirds of a billion dollars is SEC Conference revenue sharing figure for the 2015-2016 fiscal year ending August 31 and of that figure it is expected that The SEC itself will share with itself about $85 million whereas last year The SEC shared with itself $ 72 million dollars. This makes The SEC the most valuable conference by a long wide margin. Easily the most valuable conference.
The 14 member institutions of The SEC are set to receive approximately between $ 40 and $50 million dollars each in late August 2016 distribution this year.
The total sports’ revenue for UGA is $ 150 million 2016 fiscal year of which The SEC payments are one-third the total we get. The total includes local media packages, the TV rights with multiple Network agreements The SEC has hammered-out, the NCAA payments of about a million per school slated for Academic Enhancements, post-season bowl games, The SEC Championship Game, College Football Play-Off Revenue, NCAA Championships’ Revenue, March Madness Revenue, The SEC Basketball Tournament Revenue, the amounts retained by each SEC member school in Bowl Games’ Revenue, the supplemental surplus distribution. Georgia gets each year from its student fees as a Subsidy to our annual Revenue $3,200,000 per year which some schools do not collect. Tickets and donations/fees we pay to buy tickets and marketing revenue for some of our sports make up the majority of the balance of approximately $ 100 million for fiscal year ending August 31 of 2016 upon which the between $ 40 million and $ 50 million The SEC will revenue share with Georgia 2016 fiscal year.
The SEC will retain what would be another $ 6 million dollars maybe per SEC member school to operate The SEC in its next check to us.
These are staggering sums August 31, 2016 for The University of Georgia and will drive up our Total Revenue to about $ 150 million dollars.
This figure of between $ 40 to $50 million dollars annually in SEC revenue-sharing monies is only one-third of the total revenue for sports at The University of Georgia.
This is an increase in revenue sharing of maybe 20 percent by The SEC over last year when last August 2015 The SEC distributed then the record amount of nearly half a billion dollars – staggering figure in its own rights when $ 455 million was shared with the 14 member schools of The SEC $ 527 million Revenue The SEC paid taxes on according to tax records yesterday January 17, 2016. This would put the January 2017 SEC Revenue at at least $ 632 million.
The figure for August 2016 distribution includes nearly half a billion dollars from TV revenue alone for the 2015-2016 fiscal year.
Last year August 2015 The SEC TV revenue component was $ 350 million dollars from TV alone of the then record total shared amongst the 14 SEC member institutions of nearly half a billion total.
Easily the most valuable conference. Notably the Pac-12 is lagging way behind out there in the land of fruits and nuts where nobody cares and nobody bothers about college football.
College Football FBS Division 1-A represents 85% of the total college sports revenues which ranks 3rd behind NFL and MLB revenue for sports revenues and equal to NBA revenue.
College Basketball both men and women represents 9% of the total college sports revenue and the remaining 6 % comes chiefly from baseball and golf.
SEC schools are in an arms race to see who can best spend such staggering sums each year – an annual annuity to fund significant capital projects to enhance their school’s competitive position in the primary sports and to distribute the wealth to all the 18 sports our 300 student-athletes compete in.
Each group of our 300 student-athletes annually of the University of Georgia in our 18 sports then generate in their lifetimes 2 billion dollars – most of them in something other than competing in sports professionally at $ 5 million dollars each during their lifetimes.
Approximately 9 % of our draft eligible football players here are drafted, but the other sports do not offer such opportunities because the revenue for those sports dwarfs in comparison to the football revenue. The football revenue and to a far lesser degree basketball revenue must support all 18 of our sports.
So why is that we cannot have a new gym for them then but Ole Miss can ?
We are so far behind the other colleges with their gyms.
Do you even know what a gym is used for and its benefits ?
It is shameful how no one discusses even our new gym.
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