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UCF earns over $7.4 million payout from the American Athletic Conference

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UCF receives $7.47 million annual payouts from American Athletic Conference

UCF

UCF Knight’s tremendous performance has got the reward as they received more than $7.4 million annual payouts from the AAC. UCF has received more than $7 million payouts and that too in consecutive years.

AAC has reported total revenue which is almost 6 percent less than the previous year’s total revenue which was around more than $77 million. Even though the expenses were $70.235 million, the conference has managed to get $3 million as revenue.

From postseason tournaments, the conference was able to earn $40.1 million. Moreover, it includes the revenue generated from shares in the 2019 NCAA tournaments, league’s share from college football playoff, and the bowl game payouts.

UCF

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If we talk about the Bowl games 2018-19 season, there were 7 teams that qualified and one of them was the UCF Knights. They were able to earn a place New Year’s Six Access Bowl. Unfortunately, the LSU was able to get victorious against the Knights in the Fiesta Bowl.

The league made more than $3 million in revenue off the conference championships and not just that, but they also earned more than $6 million from sponsorships and grants.

Following is more detailed information:

  • UCF $7.4 million 
  • Cincinnati $6 million
  • USF $5.6 million
  • Memphis $4.6 million
  • Temple $4.4 million
  • Houston $4.3 million
  • Tulane $3.6 million
  • East Carolina $3.3 million 
  • SMU $3.2 million
  • Tulsa $3.2 million
  • Navy $1.9 million
  • UConn $1 million  

In March 2019, the league made a 12 years media rights deal with ESPN. It’s worth was around $1 Billion. The current agreement expires at the of this month.

Knights would not be able to more revenue from the football bowl after missing out on earning a great New Year’s Six Access Bowl bid. However, the UCF will get a part of the increased media rights agreements.

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Written by Jennica Mira

Jennica Mira is the senior reporter of Orlando Solution. She finished her Bachelor in Communication from the University of Central Florida and currently residing in Orlando. In leisure, she likes to read poetry and contemporary articles.

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