otown
All American
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AAC Distributions
https://www.orlandosentinel.com/2023/05/...-from-aac/
The conference distributed $93.83 million of revenue to its 12 members with Cincinnati leading the way with $11.32 million, followed by Memphis ($8.97 million), UCF ($8.88 million), East Carolina ($8.29 million), Houston ($8.28 million), SMU ($8.28 million), Tulsa ($8.25 million), Temple ($7.74 million), Tulane ($7.63 million), South Florida ($7.71 million) and Navy ($6.26 million).
Wichita State, which joined the conference in 2017 as a full member in all sports except football, received an annual payout of $2.17 million.
The AAC posted $114.2 million in expenses during the last fiscal year, with the majority going to conference distributions. The other costs were officiating ($5.12 million), conference championships ($4.7 million), compensation for officers, directors and key employees ($3.08 million), salaries and wages ($2.37 million), and digital network production ($588,899).
Commissioner Mike Aresco made $2.08 million in compensation during the 2021-22 fiscal year, a slight increase from the $2.01 million he was paid the previous year.
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05-05-2023 01:26 PM |
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CoastalJuan
Business Drunk
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RE: AAC Distributions
(05-05-2023 01:26 PM)otown Wrote: https://www.orlandosentinel.com/2023/05/...-from-aac/
The conference distributed $93.83 million of revenue to its 12 members with Cincinnati leading the way with $11.32 million, followed by Memphis ($8.97 million), UCF ($8.88 million), East Carolina ($8.29 million), Houston ($8.28 million), SMU ($8.28 million), Tulsa ($8.25 million), Temple ($7.74 million), Tulane ($7.63 million), South Florida ($7.71 million) and Navy ($6.26 million).
Wichita State, which joined the conference in 2017 as a full member in all sports except football, received an annual payout of $2.17 million.
The AAC posted $114.2 million in expenses during the last fiscal year, with the majority going to conference distributions. The other costs were officiating ($5.12 million), conference championships ($4.7 million), compensation for officers, directors and key employees ($3.08 million), salaries and wages ($2.37 million), and digital network production ($588,899).
Commissioner Mike Aresco made $2.08 million in compensation during the 2021-22 fiscal year, a slight increase from the $2.01 million he was paid the previous year.
Tulane will likely see a bump in the next distribution. Not a CFP level distribution, but a bigger one.
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05-05-2023 03:03 PM |
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slhNavy91
Heisman
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RE: AAC Distributions
(05-05-2023 01:26 PM)otown Wrote: https://www.orlandosentinel.com/2023/05/...-from-aac/
The conference distributed $93.83 million of revenue to its 12 members with Cincinnati leading the way with $11.32 million, followed by Memphis ($8.97 million), UCF ($8.88 million), East Carolina ($8.29 million), Houston ($8.28 million), SMU ($8.28 million), Tulsa ($8.25 million), Temple ($7.74 million), Tulane ($7.63 million), South Florida ($7.71 million) and Navy ($6.26 million).
Wichita State, which joined the conference in 2017 as a full member in all sports except football, received an annual payout of $2.17 million.
The AAC posted $114.2 million in expenses during the last fiscal year, with the majority going to conference distributions. The other costs were officiating ($5.12 million), conference championships ($4.7 million), compensation for officers, directors and key employees ($3.08 million), salaries and wages ($2.37 million), and digital network production ($588,899).
Commissioner Mike Aresco made $2.08 million in compensation during the 2021-22 fiscal year, a slight increase from the $2.01 million he was paid the previous year.
Thanks for that!
Seems a little earlier than last year, which is fine by me.
Aso, yahoo has it outside of paywall - https://sports.yahoo.com/ucf-receives-8-...00727.html
Of note, this is the 2021-22 academic/fiscal year, so it's the 2021 football season with Cincinnati Bearcats CFP appearance - $2 million more for the conference than our "usual" NY6 money. The participant gets $2 million or so for NY6 appearance expenses, but that's included in the CFP distribution to the conference and reflected in Cincinnati's larger payout.
A couple additional tidbits I gleaned - overall revenue, huge gain, a lot of which was exit and entry fees. But the expenses including distributions are far lower than the revenues...by an amount close to the exit/entry fees listed.
Media money went up from $52.16 million to $65.24 million.
$65.24 million is actually close to being on plan for the original Billion dollar deal with a 5% escalator each year. Still unknowns for the "Navy tier", whatever UConn decrement ESPN gave us, and payback of the $20 million "signing bonus" from 2019-2020 year. My assessment though, is that 2020-21 was decreased due to less ESPN+ inventory delivered in the COVID.
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05-05-2023 03:04 PM |
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ultraviolet
Heisman
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RE: AAC Distributions
Looks to me like the AAC has a nice hustle going with entry and exit fees. We should keep the gate swinging in and out.
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06-20-2023 08:42 AM |
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owl at the moon
Eastern Screech Owl
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AAC Distributions
I like how the commissioner doesn’t make more than any one school.
We need to get Wichita State a raise to keep them from getting passed by Commissioner Mike, though!!
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06-20-2023 01:04 PM |
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