Some SEC Network numbers to think about
: (Check
Outkick the Coverage for more if you're interested).
There are 30 million cable/satellite/etc subscribers in the SEC footprint. Just on subscription fees alone, you're looking at revenue of $468,000,000/year. And that's before you factor in subscriptions from out-of-footprint folks, or advertising dollars. They're probably looking at $600 million in revenue in year 1, conservatively. If they get onto every set in their footprint (and they likely will), that is.
It's hard to say how that will be split between the networks and the league, but it is going to be substantial money to each school, split evenly. Let's say just a quarter of the revenue goes to the league (which is probably low).
That's still an additional $10+ million/year for each team in TV revenue.
And it will only bring in more cash as time goes on.