FanShot

A&M SECeding doesn't even work out for them financially

We already know it would be bad for their football program. Turns out going to the SEC would also require them to essentially take a pay cut. Now I really hope they make the move. "Texas A&M and Team No. 14 are expected to receive a pro rata share equal to what the SEC’s 12 current universities are making: an average of about $18 million in league payouts. (Individual universities can make more money from their separate television deals.) The SEC deal, which ends in 2025, has a few windows when it can be renegotiated but no one from the SEC or the networks expects any radical change. So the notion that Texas A&M will see a significant financial gain by going to the SEC is not true. While the SEC offers more long-term security, the Big 12 could end up with a television deal in four years that surpasses the annual payout of the SEC, according to Joel Lulla, a New York-based lawyer who is the Big 12’s television consultant. Starting next season, A&M is guaranteed $20 million of total revenue from the Big 12. Once the Big 12 negotiates its deal that expires in four years, Texas A&M would be poised to make more money. Texas A&M also has to deal with a potentially significant buyout that will be in the neighborhood of $15 million. "Economically, unless the SEC opens their TV deals to the extent where they make more than a pro rata increase, it makes no sense at all," Lulla said."

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