The SEC is one of the most competitive leagues in all of college sports. And, it also brings in massive revenue on a yearly basis.

On Thursday evening, the conference announced its revenue distribution for the 2019-20 fiscal year, which ended on Aug. 31, 2020.

Per a release from the league, the SEC divided $657.7 million between its 14 member schools, which is an average of more than $45 million per school:

Commissioner Greg Sankey announced Thursday that $657.7 million of total revenue was divided among the 14 universities of the Southeastern Conference for the 2019-20 fiscal year, which ended August 31, 2020.

The average amount distributed from the conference office, excluding bowl money retained by participants, was slightly over $45.5 million per school.

Commissioner Greg Sankey released a statement on the revenue distribution:

“We are proud of the support our 14 member universities are able to provide to our student-athletes as a direct result of the revenue distributed through the Southeastern Conference,” said Sankey. “The SEC’s conference-wide commitment to the student-athlete experience is profound and translates into superior instruction, training, equipment, academic counseling, medical care, mental health and wellness support and life-skills development.”

Last fiscal year saw the SEC distribute $651 million, so this is an increase over the 2018-19 fiscal year, per the release.