SEC football is indeed doing well in the fiscal department, setting a conference record with a tax return that listed $314.5 million in revenue for the 2012-13 season, according to a report from Steve Berkowitz of USA Today.
That season—the SEC's first with Texas A&M and Missouri—included the birth of Heisman winner Johnny Football, featured one of the best conference championship games in recent memory between Alabama and Georgia and saw Nick Saban's Crimson Tide win the national championship in coasting fashion over Notre Dame, 42-14.
Not a bad year, huh?
Per the report, the increase in revenue also helped increase the salary of commissioner Mike Slive by 25 percent, up to nearly $1.2 million for the reported year. Despite the big increase, however, the report also found that the conference lost money on the whole:
Despite the unexpected jump—according to The Kansas City Star, the conference reported a number roughly $24 million lower in May 2013—the SEC still lags behind the Big Ten in terms of revenue production. The B1G reported $315.5 million of revenue for the period that ended in June 2012, which was $1 million more than the SEC's.