UCF receives $7.47 million annual payouts from American Athletic Conference
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.
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.