payout is lower -- wont happen
I think a lot of people here are also confused on how the bowl payouts work in the SEC, especially with regard to the conference’s revenue-sharing.
The teams don’t keep the entirety of that bowl payout, how much they actually keep goes as follows (according to the information the SEC offices shared before the season, from the link below):
SEC BOWL REVENUE DISTRIBUTION:
(A)
For bowl games providing receipts which result in a balance of less than $1,500,000, the participating institution shall retain $1,050,000, plus a travel allowance as determined by the SEC Executive Committee. The remainder shall be remitted to the Commissioner and shall be divided into 15 equal shares with one share to the Conference and one share to each member institution.
(B)
For bowl games providing receipts which result in a balance between $1,500,000 and $3,999,999, the participating institution shall retain $1,325,000, plus a travel allowance as determined by the SEC Executive Committee. The remainder shall be remitted to the Commissioner and shall be divided into 15 equal shares, with one share to the Conference and one share to each member institution.
(C)
For bowl games providing receipts which result in a balance between $4,000,000 and $5,999,999, the participating institution shall retain $1,525,000, plus a travel allowance as determined by the SEC Executive Committee. The remainder shall be remitted to the Commissioner and shall be divided into 15 equal shares, with one share to the Conference and one share to each member institution.
(D)
For bowl games providing receipts which result in a balance of $6,000,000 or more and all College Football Playoff games, the participating institution shall receive $2,050,000 ($2,050,000 if the SEC team is a participant in the College Football Playoff semi-finals game; an additional $2,150,000 if the SEC team is also a participant in the College Football Playoff championship game, which determines the National Champion), plus a travel allowance as determined by the SEC Executive Committee. Institutions participating in a College Football Playoff game may also request additional travel expenses, which may be granted to such institution at the Commissioner’s discretion. The remainder shall be remitted to the Commissioner and shall be divided into 15 equal shares, with one share to the Conference and one share to each member institution.
(E) Bowl Revenue Protection Insurance shall be deducted prior to Conference distribution.
(F) The cost of unused tickets up to the contractually guaranteed ticket purchase number shall be deducted prior to Conference distribution., except as provided in subsection (g) below.
(G) For bowl games in which a member institution participates as an “alternate” (e.g., 5-7 team) under NCAA Postseason Bowl Game requirements, the participating institution shall retain all revenue distributed by the bowl. The participating institution shall not re- ceive a base retainage or travel allowance as set forth in subsections (a) through (d) above. The participating institution shall also be fully responsible for the contractually guaranteed ticket purchase number and any other expenses associated with participation in the bowl.
http://a.espncdn.com/sec/football/2019/Bowls.pdf
