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SEC Commissioner’s Earnings Surge Amid Revenue Dip

2/11/2025

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Summary

Story summary

SEC Commissioner Greg Sankey's earnings soared to $4.22 million in 2024, a significant jump from $3.55 million in 2023. Despite a slight dip in the SEC's revenue to $840 million, new members Texas and Oklahoma each secured $27.5 million. Sankey urged changes to the college football playoff format and stressed the importance of federal oversight on NIL regulations as legal costs continue to climb.

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Story summary

SEC Commissioner Greg Sankey's earnings soared to $4.22 million in 2024, a significant jump from $3.55 million in 2023. Despite a slight dip in the SEC's revenue to $840 million, new members Texas and Oklahoma each secured $27.5 million. Sankey urged changes to the college football playoff format and stressed the importance of federal oversight on NIL regulations as legal costs continue to climb.