By Parrish Alford
DESTIN, Fla. – On the day SEC schools received a record $455.8 million payout their presidents voted that those who let safety slip will have to give a lot of that money right back.
After one year of the SEC Network in conference bank accounts schools received an average payout of slightly more than $31.2 million per school.
The figure includes $436.8 million from the conference and $19 million from bowl games.
The per-school payout is up from last year’s average of $20.9 million.
One of the big topics at this week’s business meetings has been the safety of the playing environment and how to punish schools who allow fans to rush the field or court.
It’s primarily a football and basketball thing, but no sport would be immune.
The amounts for current penalties – $5,000 for a first offense, $25,000 for a second and $50,000 for third and beyond — were put in place in 2004.
The new amounts will be $50,000 for a first offense,, $100,000 for a second and $250,000 – a quarter of a million – for a third offense and beyond.
More in Saturday’s Daily Journal.