The estimate, premised on the SEC continuing without a conference-owned network and again having 15-year deals, would give the SEC more guaranteed TV revenue than any college athletics conference: an average of nearly $25 million per school per year over the full contract term ($5.2 billion total).

However, the Pac-12's full ownership of national and regional networks that have lined up substantial distribution before their scheduled launch in August, indicates that the conference is on track to generate at least $30 million per school per year over the 12-year term of agreements with ESPN and Fox that begin later this year ($4.3 billion total). Only the money from ESPN and Fox — an average of about $21 million per school per year — is guaranteed, though. And because of the networks' start-up costs the actual per-school revenue the first few years is likely to be well below the projected annual average.