Last May, the SEC announced that it would distribute $23 million in additional revenue to each school to help mitigate the impact of the pandemic. As a result, Mizzou’s distribution of the SEC outside of media rights and bowl fund revenue increased from $2,378,030 in 2020 to $29,868,483 in 2021. The conference used future revenue from his contract to media rights to allocate these funds to each school.
Otherwise, Mizzou’s revenue fell across all categories, as expected, in the first full fiscal year impacted by the pandemic. With Memorial Stadium and Mizzou Arena limited to approximately 20% capacity due to COVID protocols, ticket sales for the entire Athletics Department have fallen from approximately $16.1 million in 2020 to just 3 .6 million in 2021.
With limited attendance during the 2020 football season, football ticket sales revenue fell 76% from $9.6 million last fiscal year to $2.3 million. Men’s basketball came under similar pressure, with revenue down 74% from over $3.6 million to $945,639. The football team‘s average attendance for six home games in 2020 was 11,185 at a 61,620 capacity stadium.
Mizzou’s share of the SEC distribution of football revenue fell from $9.1 million to $4.6 million. It was wanted. As part of its 2019 post-season ban for NCAA violations, MU was forced to withhold SEC bowl revenue for fiscal year 2020, but last year MU opted to defer its withholding until in fiscal year 2021.