Missouri and Texas A&M had significant revenue increases in first year in SEC

Nick Bromberg
(Getty Images)

Missouri and Texas A&M started reaping the financial benefits of the move from the Big 12 to the SEC in the first year.

According to records obtained by USA Today from the conference's federal tax return, the schools each got $19.5 million from the conference in 2012-2013, increases of over 50 percent from what each team got in the Big 12 in 2010-2011, the next-to-last year each team was in the conference.

In 2010-2011, Missouri got $12.5 million from the Big 12 and Texas A&M received $12.2 million. It's a better representation than the teams' final year in the conference when each was paying exit fees and revenue was subsequently impacted.

It's no coincidence that both schools are also in the midst of significant expansion and improvement projects to their football stadiums.

The SEC's revenue went up in its first year with 14 teams as well. The conference's revenue went up over $41 million and will likely increase significantly again when the SEC Network is launched in August. The potential for the network and other lucrative TV deals were an impetus for the schools to make the move. WIth the network and the new college football playoff, it could be a 50 percent increase per school.

But despite the SEC's revenue increase, the conference posted a deficit of $3.4 million for the fiscal year that ended in August 2013.

The jump also puts the SEC in the same neighborhood as the Big Ten in terms of conference revenue, with every other conference lagging behind. However, the Big Ten Network is already established. When the SEC Network has a year or two of exposure, it wouldn't be surprising to see the conference jump the Big Ten in total revenue in the not-too-distant future.

Hence why the Pac-12 has formed its own network and the ACC is looking to do so. As college football's popularity continues to rise, conferences are looking to maximize every possible dollar they can from it and men's basketball to finance improvements, expansion projects and the rest of their athletic departments.

- - - - - - -

Nick Bromberg is the assistant editor of Dr. Saturday on Yahoo Sports. Have a tip? Email him at nickbromberg@yahoo.com or follow him on Twitter!