Anchor Of Gold · Oct 9, 2020
Anchor Drop, October 9, 2020: The SEC is very serious about this
Photo by Caroline Brehman/CQ-Roll Call, Inc via Getty ImagesGood morning.
Optional Musical Accompaniment
The memo states that programs whose coaches, staff or other personnel fail to adhere to the approved task force requirements will be assessed a $100,000 reduction in conference revenue. The amount will increase by $100,000 for each subsequent week of noncompliance.
It sounds like a lot of money, but when the conference revenue distribution check is north of $40 million annually, it’s not that much. Plus there’s this: