This just in: the SEC is rich.
Well, you knew that already. But the league is now lapping itself in the revenue race, topping the half-billion dollar mark for the first time.
According to documents released to USA Today, the SEC recorded $527.4 million in total revenue during the fiscal year ending Aug. 31, 2015. This includes the first year of both the SEC Network and the College Football Playoff, which explains the $71.6 million jump from 2014's $455.8 million.
Assuming the same $19 million cut for the league office, that equates to $36.3 million per school.
And that's before a single ticket, radio spot, luxury suite or t-shirt is sold.
The conference reported around $150 million during the 2008-09 academic year.
USA Today's Steve Berkowitz pointed out the NCAA -- with its massive March Madness TV contract and all -- made $906 million last year.
Additionally, commissioner Mike Slive received a nice parting gift, as he made more than $3.6 million during the 2014-15 academic year. That's more than the Pac-12's Larry Scott, the Big Ten's Jim Delany, the ACC's John Swofford, the Big 12's Bob Bowlsby and more than triple what 2012 Mike Slive earned.