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2021-2022 SBC Distributions
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SkullyMaroo Offline
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Post: #1
2021-2022 SBC Distributions
I was looking at the 2021-2022 Form 990 for the Sun Belt and thought some here might find the per school distribution interesting. Keep in mind this is not for the 2022-2023 sports year that just ended, but rather 2021-2022. For that reason it doesn’t show the expanded agreement with ESPN that started last year. It would also appear the SBC provided a little money to the new members, perhaps to help with their transition. Here is how much each team got:

$1,842,448 - App State
$1,823,500 - Louisiana
$1,697,500 - Coastal Carolina
$1,672,500 - Arkansas State
$1,597,500 - Georgia Southern, Georgia State, South Alabama, Texas State, Troy, ULM
$315,000 - Little Rock, Texas Arlington
$50,000 - James Madison, Marshall, Southern Miss
$25,000 - Old Dominion

https://projects.propublica.org/nonprofi...02917/full
08-20-2023 01:20 PM
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WARDAWG93 Offline
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Post: #2
RE: 2021-2022 SBC Distributions
Curious how the new guys figured into 21-22 payouts. I'm not bothered by it or anything. Just wondering how the deal was structured that they would be getting money earned before they even joined the conference.
08-20-2023 02:27 PM
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b0ndsj0ns Offline
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RE: 2021-2022 SBC Distributions
08-20-2023 02:36 PM
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OsageJ Offline
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RE: 2021-2022 SBC Distributions
(08-20-2023 02:36 PM)b0ndsj0ns Wrote:  AAC numbers by comparison.

https://projects.propublica.org/nonprofi...00429/full

Another example of what you would get with ecu. We have something good. Don't invite in the snakes.
08-20-2023 02:45 PM
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EigenEagle Offline
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RE: 2021-2022 SBC Distributions
I remember when CUSA people were denying there was any incentive to leave CUSA for the Sun Belt 'cause look how much better the 990s look for CUSA than the Sun Belt.

https://csnbbs.com/thread-929769.html

It's not that hard to believe the AAC 2021-2022 gets a good bit more than the Sun Belt but that math is obviously going to change with a new Sun Belt and new AAC.

It's really complete deja vu the way all the talking points ECU people give resemble what Marshall fans said as recently as 2 years ago.
(This post was last modified: 08-20-2023 03:37 PM by EigenEagle.)
08-20-2023 03:34 PM
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JMURocks Offline
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Post: #6
RE: 2021-2022 SBC Distributions
(08-20-2023 03:34 PM)EigenEagle Wrote:  I remember when CUSA people were denying there was any incentive to leave CUSA for the Sun Belt 'cause look how much better the 990s look for CUSA than the Sun Belt.

https://csnbbs.com/thread-929769.html

It's not that hard to believe the AAC 2021-2022 gets a good bit more than the Sun Belt but that math is obviously going to change with a new Sun Belt and new AAC.

It's really complete deja vu the way all the talking points ECU people give resemble what Marshall fans said as recently as 2 years ago.

If PAC4 does rebuild and takes 4 or so AAC schools, watch those media numbers tumble, quickly.
08-20-2023 03:54 PM
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b0ndsj0ns Offline
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RE: 2021-2022 SBC Distributions
(08-20-2023 03:34 PM)EigenEagle Wrote:  I remember when CUSA people were denying there was any incentive to leave CUSA for the Sun Belt 'cause look how much better the 990s look for CUSA than the Sun Belt.

https://csnbbs.com/thread-929769.html

It's not that hard to believe the AAC 2021-2022 gets a good bit more than the Sun Belt but that math is obviously going to change with a new Sun Belt and new AAC.

It's really complete deja vu the way all the talking points ECU people give resemble what Marshall fans said as recently as 2 years ago.

The math won't change for a while. The 2021-22 revenue's include 51 million from exit fees, but that wasn't even distributed out last year. The distributions were just under 94 million. The TV rights last year were 65 million and the post season tournaments revenue was 37 million. So the league is still sitting on the 51 million in exit fees they received, the 17 million in entry fees, and the defectors still owe more money and any future defectors would have to pay a whole lot of money. If multiple teams leave to go to the PAC in 24 they'll end up having to pay something like 20+ million a piece for the trouble just going off past precedent. The league currently according to the filing is sitting on almost 100 million in Net Assets, that's 10x the net assets the SBC currently has. Looking at that thread and the past filings C-USA and the SBC were within spitting distance of each other financially, and if C-USA had the AAC's exit fee or even half of it no one would have left even if they thought the SBC was a better fit. I don't think you have anyone who's going to argue anything other than C-USA being a complete dumpster fire from a leadership perspective. You can not like the AAC or Aresco but financially the AAC and C-USA are miles apart and the AAC is a well run conference. The AAC actually has more than double the "war chest" currently of the PAC from their filing. The PAC currently only has Net Assets of 42 million.

https://projects.propublica.org/nonprofi...02092/full
(This post was last modified: 08-20-2023 04:05 PM by b0ndsj0ns.)
08-20-2023 04:03 PM
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b0ndsj0ns Offline
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RE: 2021-2022 SBC Distributions
(08-20-2023 03:54 PM)JMURocks Wrote:  
(08-20-2023 03:34 PM)EigenEagle Wrote:  I remember when CUSA people were denying there was any incentive to leave CUSA for the Sun Belt 'cause look how much better the 990s look for CUSA than the Sun Belt.

https://csnbbs.com/thread-929769.html

It's not that hard to believe the AAC 2021-2022 gets a good bit more than the Sun Belt but that math is obviously going to change with a new Sun Belt and new AAC.

It's really complete deja vu the way all the talking points ECU people give resemble what Marshall fans said as recently as 2 years ago.

If PAC4 does rebuild and takes 4 or so AAC schools, watch those media numbers tumble, quickly.

They would, but the 80-100 million additional in exit fees plus the current 100 million in Net Assets the league is sitting on would keep the leftovers relatively whole for quite a while.
08-20-2023 04:07 PM
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OsageJ Offline
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Post: #9
RE: 2021-2022 SBC Distributions
Wow...wish we were you....please come into our conf. so you can tell us how much better you are than us. What do you say guys...sounds great huh?
08-20-2023 05:09 PM
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BleedingPurple Offline
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RE: 2021-2022 SBC Distributions
(08-20-2023 04:07 PM)b0ndsj0ns Wrote:  
(08-20-2023 03:54 PM)JMURocks Wrote:  
(08-20-2023 03:34 PM)EigenEagle Wrote:  I remember when CUSA people were denying there was any incentive to leave CUSA for the Sun Belt 'cause look how much better the 990s look for CUSA than the Sun Belt.

https://csnbbs.com/thread-929769.html

It's not that hard to believe the AAC 2021-2022 gets a good bit more than the Sun Belt but that math is obviously going to change with a new Sun Belt and new AAC.

It's really complete deja vu the way all the talking points ECU people give resemble what Marshall fans said as recently as 2 years ago.

If PAC4 does rebuild and takes 4 or so AAC schools, watch those media numbers tumble, quickly.

They would, but the 80-100 million additional in exit fees plus the current 100 million in Net Assets the league is sitting on would keep the leftovers relatively whole for quite a while.

So, I'll bet you are really looking forward to watching games moving forward. You guys have the following teams on your home field.

Marshall - good entertaining game
Gardner Webb - enough said
SMU - nice game to attend, still early enough in the season, should be meaningful
Charlotte - I don't know about this one, in-state opponent, but hard to get up for
Tulane - Nice opponent, but will fans feel any excitement
Tulsa - Will anybody care, only if you guys have been winning games

IMHO: The best home game you have, one that more of your fans will want to see, is against a SunBelt team. The only reason the Charlotte game will have a good crowd is that it's your Homecoming. Probably the next best game to see, but not in Greenville, is against another SunBelt team, Appalachian State. You are going to hate life if you lose both of those SB games. Brag all you want about your cash, you are going to need all of it getting your teams to all their games. The costs of your logistics/travel are not envied.
(This post was last modified: 08-20-2023 05:53 PM by BleedingPurple.)
08-20-2023 05:47 PM
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T-Dog Offline
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RE: 2021-2022 SBC Distributions
(08-20-2023 02:36 PM)b0ndsj0ns Wrote:  AAC numbers by comparison.

https://projects.propublica.org/nonprofi...00429/full

I'm amazed that Navy gets 6.268 million being football-only while Wichita State gets 2.172 million for having every sport except for football.

Add those two up and you get what an average AAC full football member got.
08-20-2023 10:37 PM
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T-Dog Offline
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RE: 2021-2022 SBC Distributions
CUSA isn't in ProPublica's database. It's last full tax return on the IRS website is from 2018-19 (these are often uploaded several years late, so that's not suspicious).

https://apps.irs.gov/pub/epostcard/cor/3...606700.pdf
08-20-2023 10:55 PM
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herdfan129 Offline
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RE: 2021-2022 SBC Distributions
ECU is the most over rated program out there. Outside of good football attendance, they bring nothing to the Sun Belt. They are not a Top 25 program or even close to it. Are they even Top 50?

We already have a team from North Carolina so they don’t bring a new state.

Let’s continue playing them OOC, but they aren’t worth inviting imo.
08-20-2023 11:16 PM
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b0ndsj0ns Offline
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RE: 2021-2022 SBC Distributions
(08-20-2023 10:55 PM)T-Dog Wrote:  CUSA isn't in ProPublica's database. It's last full tax return on the IRS website is from 2018-19 (these are often uploaded several years late, so that's not suspicious).

https://apps.irs.gov/pub/epostcard/cor/3...606700.pdf

I was able to find them in ProPublica

https://projects.propublica.org/nonprofi...00220/full
08-21-2023 08:07 AM
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Luckyshot Offline
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RE: 2021-2022 SBC Distributions
(08-20-2023 02:27 PM)WARDAWG93 Wrote:  Curious how the new guys figured into 21-22 payouts. I'm not bothered by it or anything. Just wondering how the deal was structured that they would be getting money earned before they even joined the conference.
I'm curious too?
08-21-2023 08:08 AM
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bridgeforthduke Offline
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RE: 2021-2022 SBC Distributions
The 2021-2022 numbers are the last year before the media deal increased to ~$2 million per year, correct? Or is that 2023-2024?
08-21-2023 08:21 AM
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HarborPointe Offline
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RE: 2021-2022 SBC Distributions
(08-21-2023 08:07 AM)b0ndsj0ns Wrote:  
(08-20-2023 10:55 PM)T-Dog Wrote:  CUSA isn't in ProPublica's database. It's last full tax return on the IRS website is from 2018-19 (these are often uploaded several years late, so that's not suspicious).

https://apps.irs.gov/pub/epostcard/cor/3...606700.pdf

I was able to find them in ProPublica

https://projects.propublica.org/nonprofi...00220/full

Couldn’t help but notice the commissioner’s pay was nearly twice each school’s media share.
08-21-2023 12:14 PM
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b0ndsj0ns Offline
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RE: 2021-2022 SBC Distributions
(08-21-2023 12:14 PM)HarborPointe Wrote:  
(08-21-2023 08:07 AM)b0ndsj0ns Wrote:  
(08-20-2023 10:55 PM)T-Dog Wrote:  CUSA isn't in ProPublica's database. It's last full tax return on the IRS website is from 2018-19 (these are often uploaded several years late, so that's not suspicious).

https://apps.irs.gov/pub/epostcard/cor/3...606700.pdf

I was able to find them in ProPublica

https://projects.propublica.org/nonprofi...00220/full

Couldn’t help but notice the commissioner’s pay was nearly twice each school’s media share.

Yeah that's not a great look. Also a little confused maybe some of the former C-USA members can connect the dots as to why MTSU got a roughly 8 million distribution compared to roughly 4 million of the left behinds.
08-21-2023 12:28 PM
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GreenBison Offline
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RE: 2021-2022 SBC Distributions
(08-20-2023 02:36 PM)b0ndsj0ns Wrote:  AAC numbers by comparison.

https://projects.propublica.org/nonprofi...00429/full

Shouldn't you be prostituting your school on the ACC board?
08-21-2023 01:06 PM
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b0ndsj0ns Offline
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RE: 2021-2022 SBC Distributions
(08-21-2023 01:06 PM)GreenBison Wrote:  
(08-20-2023 02:36 PM)b0ndsj0ns Wrote:  AAC numbers by comparison.

https://projects.propublica.org/nonprofi...00429/full

Shouldn't you be prostituting your school on the ACC board?

I'd rather do the SEC board since between now and 2030 something both have the same 0% chance of success.
08-21-2023 01:10 PM
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