Where Music Meet Sports

.

An Average of $20.8M To ACC


(NCAA) The ACC has distributed a record of $291.7 million in total revenue for the 2013-14 year.

That number is up $56.6 million over last year, when the ACC was a 12-member conference. But now it has 15 members with the additions of Pittsburgh, Syracuse and Notre Dame in all sports except for football.

Expansion allowed the ACC to renegotiate its television deal, a big reason why revenues have increased. All 14 full members are set to receive an average of $20.8 million, up $1.2 million from last year.

Notre Dame will receive a different share, which was undisclosed.

The $20.8 million average each school is in line to receive is nearly identical to what will go to the 14-team SEC, which announced last week it will hand out slightly more than $20.9 million to its member schools after a record $292.8 million in total revenue.

The Big 12 also announced last week it would distribute a record $23 million to each of its 10-member schools.

Maryland, which leaves the ACC for the Big Ten on July 1, will have its share withheld until its lawsuit against the league is resolved. The Terps are challenging whether they should pay the $52 million exit fee required by ACC bylaws. The ACC countersued. A mediator has been assigned to try and work out a settlement between the two.

The distributions from the ACC do not include the individual multimedia rights deals each school owns.

Thank you ESPN for sharing this article with us… Please go check out www.espn.com

 

Reviews

  • Total Score 0%
User rating: 0.00% ( 0
votes )



Leave a Reply

Your email address will not be published. Required fields are marked *

*

* Copy This Password *

* Type Or Paste Password Here *

27,211 Spam Comments Blocked so far by Spam Free Wordpress

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>

Social Widgets powered by AB-WebLog.com.