SEC Network Cash Will Help Fund Georgia’s New Investments

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SEC Network Cash Will Help Fund Georgia’s New Investments

SEC network
[break] When the revenue stream is healthy, investments in plant and personnel are much easier steps to take. SEC teams are about to start reaping the financial rewards of Mike Slive’s deal with ESPN, SEC Network.

[break] [break] South Carolina AD Ray Tanner told his Trustees the following recently:
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“Long story short, when we first started talking about the network, they said we’d probably realize a benefit in Year 3,” Tanner told the BOT. “Obviously it’s been more successful than that. This summer we’ll receive a distribution (and) I think it will be at least $5 million. I’d like to think that’s on the conservative side. Each school will receive a $5 million gain.”The SEC Network launched on August 14, 2014 and is now carried by nearly every major cable and satellite provider. According to AL.com, Cablevision is the only cable provider who does not provide the SEC Network to its subscribers.Included in the network’s 24 hours per day, seven days a week programming are more than 1,000 events broadcast during the first year.

“It was right after I became the AD that this was formulated in the AD meetings. I was there from the beginning,” Tanner said. “You could sit and listen to proposals and programming going forward and understand the dollars associated with it from different cable outlets, subscriptions and the footprint of the SEC.

“As they said, it could be Year 3 before we realized any financial gain. As we launched, distributors started to get on board. Then we said it may be two years. Before you know it, it was profit in Year 1. I hope $5 million is conservative.”
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And you thought the SEC arms rams was hot before….

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Greg is closing in on 11 years writing about and photographing UGA sports. While often wrong and/or out of focus, it has been a long, strange trip full of fun and new friends.