ATHENS — The SEC announced $808.4 million will be distributed to the league’s 16 university for the 2023-24 fiscal year, which ended last Aug. 31.

The 14 schools that had been in the league for a full year — Texas and Oklahoma, excluded — received an average distribution of $52.5 million (excluding bowl expenses).

The Longhorns and Sooners, formerly of the Big 12, didn’t officially join the SEC until July 1.

Oklahoma and Texas each received $27.5 million that came from the SEC’s previous fiscal year, via a combination of a transition payment from the league’s television agreement and the schools’ application fees.

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