Projections have suggested the SEC schools will be receiving payouts around
80 million each with the new expanded SEC. So for VT to make sense as a future addition we need to bring in more than that in additional revenue. The SEC will have 16 schools now, if they expand to just 18, with VT plus one other, then VT would need to be worth 98 million additional just to add an extra 1 million to each schools payout. In other words adding two new schools, including VT, would increase payouts form 80 to 81 million if VT brought in an additional 98 million (unlikely), not much incentive. In order to increase the payout to 82 million VT would have to bring in an extra 116 million, 83 million and VT would have to be worth 134 million. There will be 18 schools so an additional million in payout will require an addition 18 million in value. It will be hard for any school to have this much value for the SEC. Expansion will need to be driven by something other than finances for this to happen. That is why even schools like FSU and Miami may not be so appealing at this point. [Post edited by wwhokie1 at 01/12/2022 10:41AM]
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In response to this post by lawhokie)
Posted: 01/12/2022 at 10:41AM