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Post by Trojan Warrior on Jun 14, 2014 7:05:03 GMT -6
By Doug Roberson (covers Georgia State athletics) The Sun Belt Conference reported revenues of $16.6 million for the fiscal year which ended June 30, 2013, according to information on the 990 form provided by the conference. The league, which includes Georgia State, received $11.5 million in revenues from the NCAA, bowl games and other source. Of that revenue, $2.5 million was distributed to member schools. The conference reported expenses of $14.3 million (which includes the amounts given back to the schools), resulting in a profit (revenue minus expenses) of $2.2 million, with an additional $5 million reported in assets. Interestingly, the Sun Belt’s revenues increased by $5.3 million from $11.2 million compared to the previous year. That increase is the result of: $1.9 million in BCS revenue. $1.4 million in exit fees paid from Middle Tennessee and Florida Atlantic. $1.7 million in bowl revenue because four teams from the conference played in games. In the 2012 fiscal year, the Sun Belt received (in millions): BCS Bowl revenue: $4.1 NCAA and conference tournament revenue: $3.3 Beef O’Brady’s Bowl: $1.1 GoDaddy.com Bowl: $.8 New Orleans Bowl: $.8 Other revenue (Exit feeds): $1.4 Total: $11.5 million ( Full Article)
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