With ESPN’s massive cuts in the news recently, one might wonder how the SEC Network, which is affiliated with ESPN, is faring as cord cutting impacts the Worldwide Leader.

AL.com’s John Talty took a fascinating look at the numbers, and found that while subscriber numbers have dropped, the SEC Network is still king of conference networks. The SEC Network has lost approximately eight million subscribers in the last two years, down from 69.1 million in 2015 to 61.4 at the end of 2016, but it’s still valued much higher ($4.692 billion) than the Big Ten Network ($1.142 billion) and the Pac-12 Network ($305 million). Part of this is that the SEC Network’s monthly subscriber fee of $0.74 is similarly much higher than the Big Ten Network ($0.43) or Pac-12 Network ($0.27).

Talty notes that the SEC Network is generating an estimated $545 million off of those subscriber fees, more than NBC Sports, MLB Network and NBA TV. While the direct ties to ESPN could make SEC Network particularly vulnerable to cord cutting, Adam Gajo, a sports business analyst for SNL Kagan, thinks the Charlotte-based network will be able to withstand that trend.

“We still feel that as part of the Disney family of networks, the SEC Network will be less vulnerable to cord cutters due to the company’s name brand and the strength of its portfolio,” he told AL.com.