From the official conference PDF
31.21 REVENUE DISTRIBUTION - FOOTBALL
31.21.1 Distribution of Bowl Game Receipts. Distribution of revenue (after allowable deductions) generated from member
institutions participating in bowl games shall be reviewed on an annual basis and determined as follows: [Revised: 6/1/95; Revised:
6/2/06; effective 8/1/2006; Revised: 5/31/2013; effective 8/1/2013; Revised: 6/2/17]]
(a) For bowl games providing receipts which result in a balance of less than $1,500,000, the participating institution shall retain
$1,050,000, plus a travel allowance as determined by the SEC Executive Committee. The remainder shall be remitted to the
Commissioner and shall be divided into 15 equal shares with one share to the Conference and one share to each member
institution.
(b) For bowl games providing receipts which result in a balance between $1,500,000 and $3,999,999, the participating institution
shall retain $1,325,000, plus a travel allowance as determined by the SEC Executive Committee. The remainder shall be
remitted to the Commissioner and shall be divided into 15 equal shares, with one share to the Conference and one share to each
member institution.
(c) For bowl games providing receipts which result in a balance between $4,000,000 and $5,999,999, the participating institution
shall retain $1,525,000, plus a travel allowance as determined by the SEC Executive Committee. The remainder shall be
remitted to the Commissioner and shall be divided into 15 equal shares, with one share to the Conference and one share to each
member institution.
(d) For bowl games providing receipts which result in a balance of $6,000,000 or more and all College Football Playoff games,
the participating institution shall receive $2,050,000 ($2,050,000 if the SEC team is a participant in the College Football Playoff
semi-finals game; an additional $2,150,000 if the SEC team is also a participant in the College Football Playoff championship
game, which determines the National Champion), plus a travel allowance as determined by the SEC Executive Committee.
Institutions participating in a College Football Playoff game may also request additional travel expenses, which may be granted
to such institution at the Commissioner’s discretion. The remainder shall be remitted to the Commissioner and shall be divided
into 15 equal shares, with one share to the Conference and one share to each member institution.
Bowl payout for the Music city is $5.5 million, so in (c). Taxpayer Bowl is in (b). So, we get an extra $200k over Tennessee.