The SEC saw a nice financial bump in revenue in the first full year with Missouri and Texas A&M in the conference. USA Today, citing 2012 federal tax return information, reports the conference saw a $41 million bump in revenue up to $314.5 million. According to USA Today, SEC commissioner Mike Slive also saw a bump in pay. Slive was paid $1.2 million in 2012, up $230,000 from the previous year. Slive did not receive any bonus compensation in 2012.
The large share of the conference’s expenses accounted for conference distributions to each SEC member. According to the report, each SEC member already in the conference before 2012 received a payment of $21 million, an increase of about $400,000 from the previous year. Missouri and Texas A&M received a smaller share of $19.5 million, which was still roughly $7 million more than their final conference share as members of the Big 12.
Time will tell how Slive’s base salary compares to those of his conference commissioner cohorts, but his 2012 base pay was less than what the ACC paid John Swofford in 2011 (at least $1.6 million), what the Pac 12 paid Larry Scott ($1.575 million) and what Jim Delany received from the Big Ten ($1.3 million). Of course, bonus money that could be coming in the next year with the introduction of the SEC Network could change things a bit more.
The addition of the SEC Network likely will lead to increased revenue for the SEC, and thus larger shares to be distributed to all 14 SEC members. One of the reasons the Big Ten has been able to share high revenue shares is because of the Big Ten Network, but the SEC will have a different operating set-up and will have more control over the network and its revenue. The conference is still working to get the network in as many homes as possible for the launch later this year. As is usually the case when discussing television numbers and money, the more the better.
Earlier this month, Tennessee wide receiver Josh Smith was charged with domestic assault following an incident at an off-campus house with his roommate. Now, the roommate is seeking damages of $875,000. If that sum is not paid, then the alleged victim may bring a $3 million civil suit to the court.
According to Jimmy Hyams of WNML, Kennedy Foster suffered a broken nose, broken teeth and damage to his eyes and right ear in the incident earlier this month that led to the charges filed against Smith. Foster sent a settlement demand letter to the attorney representing Smith.
“I’m not accusing him (Foster) of extortion, but that’s what it looks like,’’ Smith’s attorney, Keith Stewart said according to Hyams. “Given my understanding that Mr. Foster’s attempts to press charges against Malcolm Stokes were unsuccessful, it seems his motives are clear.’’
“I think when the truth comes out, Josh will be exonerated,” Stewart said of his client.
The deadline for paying the settlement demand is set for May 30 (tomorrow) by 5:00 p.m. and is to be delivered in the form of a cashier’s check along with a letter of apology for the incident. If the Smith family does not pay the requested sum, the legal team for Foster will move forward with a $1.5 million lawsuit seeking compensatory damages and a $1.5 million lawsuit for punitive damages. How either will hold up in court remains to be seen.
It’s not Memorial Day until the social media teams at college football programs start pumping out branded Memorial Day messages on Twitter and Facebook and Instagram. As expected, teams and conferences are busy at pumping out the social media content for their followers today. Here is a sampling of what has been seen so far.
If you have not already done so, please take a few minutes to read John’s annual Memorial Day post.
(Reprinted and reposted with permission for an eighth straight year from, well, me.)
You have to admit that, despite the ongoing partisan slap-fights and political in-fighting and every other really crappy thing going on, we have a pretty damn good life, living in these United States of America. It’s a far-from-perfect country, but, dammit, it’s ours. Ours because our own have and will continue to shed their blood in the ultimate sacrifice. Gave and will continue to give their lives, their hopes, their dreams so that we — and our children and our children’s children and their children — may live and realize ours and theirs.
As you go about your day today, doing whatever it is that you do on Memorial Day, take a second or two or sixty — or more — to reflect on what exactly this day is all about.
Please. Just take a moment. Take a moment to God bless those who have given so much.
God bless those who have paid the ultimate price for the freedom we enjoy day-in and day-out.
God bless those hundreds of thousands of millions who’ve lost fathers and mothers, brothers and sisters, sons and daughters in the ultimate sacrifice paid forward to every single one of us, for our freedoms.
And thank you — thank you, thank you, thank you with every fiber of my being — to those who continue serving this country and keep this great nation safe.
And, again, God bless families torn apart and made lesser by the heartbreaking losses, hellish and unthinkable holes in the soul that allow us to do whatever the hell it is we want to on this day and every other day of the year…
Iowa head coach Kirk Ferentz has been known to have a program that could play some solid defense more often than not, but the depth at linebacker just got a bit more shallow this Memorial Day weekend. Redshirt sophomore Anthony Garbutt has announced he is leaving the program.
“After prayer, consulting with my family and Coach Ferentz, I have made the decision to leave the University of Iowa,” Garbutt announced in a statement on Twitter. “I am thankful for my years as a Hawkeye and will continue to support the franchise.”
Garbutt went on to announce he will make a decision after going through a recruiting process. No timeline for his decision was announced.
Garbutt still has three more years of eligibility remaining, although he has already burned one redshirt year after joining the Class of 2015 at Iowa. If he transfers to another FBS program, he will have to sit out the upcoming 2017 season and lose a year of eligibility in the process. He would be available to play immediately this fall if he transfers to a lower division football program.