Missouri knows it pays to be in SEC

When Missouri officially left the Big 12 in 2012, then-interim Big 12 commissioner Chuck Neinas said in a new release that “I personally believe this decision is a mistake and that Missouri is a better fit in the Big 12.”

Well, Chuck, five years later, the Missouri family would respectfully disagree.

The Kansas City Star reported Monday that Missouri athletics revenue reached a record $97.3 million during the 2016 fiscal year. It is the second year in a row the university has hit a record high for revenue ($91.2 million for 2015 fiscal year).

Yes, expenses rose by 8.6 percent, according to The Star report, largely because of the introduction of cost-of-attendance stipends.

 The new record revenues, according to the story, stem mostly from the conference’s media payouts, primarily from the SEC Network. Interestingly enough, the Tigers’ exit from the Big 12 came amid tensions related to Big 12 member Texas’ $300 million deal for the Longhorn Network.

According to a recent USA Today story, the SEC made $527.4 million in its first year of the SEC Network. And last spring, the SEC announced that its 14 member schools would receive about $31.2 million each as a result from the network’s revenues.

Leave a Reply

Your email address will not be published. Required fields are marked *