TheReff
Rod Griffin
- Joined
- May 15, 2011
- Messages
- 6,431
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- 565
Article in today's W/S Journal, written by the Richmond Times-Dispatch's David Teel outlined a lot of facts & figures about where the ACC stands in relation to the other Power 5 conferences as it pertains to the "football riches" out there and what the SEC has just gained by adding Texas & Oklahoma. He says our conference revenue shortcomings and potential expansion figure to be "central" for our new ACC commissioner. And, the addition of Texas and Oklahoma by the SEC has accelerated those discussions!
For 2019-2020 we took in $496.7 million in revenue of which $333 mill was from TV revenue & $125 mill was from bowls [mainly from the CFP]. In short football is roughly 75-80% of revenues. We distribute 90% of those revenues to the schools, which was $32.4 mill to the 14 full time members & another$10.8 mill to Notre Dame. {Clemson got $37 mill presumably by being the one in the CFP]. But the problem is we lagged far behind and were #5 in the Power 5! The Big Ten paid out $54.3 mill per school & the SEC paid out $45.5 mill per school.
To top all of this off, the new deal the SEC struck with ESPN just for their marquee Saturday afternoon 3:30 PM spot was an astounding $300 mill annually, which is almost as much as the ACC gets for their ENTIRE sports portfolio!! Adding Texas & Oklahoma is only going to boost that up tremendously, somewhere close to a total payout of $70 mill per school most experts have speculated.
Teel goes on to ask: "how did the ACC fall so far behind?" 1] an ill-timed football drought where from 2001-2012 no team finished inside the AP Top 5. 2] the ACC's unique demographic where we have so many smaller schools and so many private schools. Average Big Ten school enrollment is 31,557, SEC is 24,164 & ACC is only 15,867. Instability blindsided the ACC when Maryland up and left in 2012 for the Big Ten. [motivation was more $$$] The Big Ten launched their network in 2007, the SEC did their in 2014 and it took the ACC until 2019 to get theirs going.
VT president Tim Sands said the conference's presidents & chancellors have made it clear that closing the revenue gap [not erasing it] is a major expectation and that Jim Phillips is the right guy to do it. But absent getting Notre Dame to join in football, there is no clear path. There is a carriage deal with Comcast Xfinity that is anticipated in late September that will make the ACC Network finally available. That will help but is not nearly enough. He goes on that to increase distributions in a 15 team league by just $3 mill per school, it would take an additional $77.4 mill of revenue. Since Maryland bolted in 2012, is the ACC vulnerable to further poaching? We know that could happen with Clemson & FSU speculation to the SEC plus earlier things years ago about our teams going to the Big Ten. etc. But who knows. NC State president Randy Woodson ends it by saying "I think we will be OK, but not sure where it all ends."
Comforting thoughts, huh?
For 2019-2020 we took in $496.7 million in revenue of which $333 mill was from TV revenue & $125 mill was from bowls [mainly from the CFP]. In short football is roughly 75-80% of revenues. We distribute 90% of those revenues to the schools, which was $32.4 mill to the 14 full time members & another$10.8 mill to Notre Dame. {Clemson got $37 mill presumably by being the one in the CFP]. But the problem is we lagged far behind and were #5 in the Power 5! The Big Ten paid out $54.3 mill per school & the SEC paid out $45.5 mill per school.
To top all of this off, the new deal the SEC struck with ESPN just for their marquee Saturday afternoon 3:30 PM spot was an astounding $300 mill annually, which is almost as much as the ACC gets for their ENTIRE sports portfolio!! Adding Texas & Oklahoma is only going to boost that up tremendously, somewhere close to a total payout of $70 mill per school most experts have speculated.
Teel goes on to ask: "how did the ACC fall so far behind?" 1] an ill-timed football drought where from 2001-2012 no team finished inside the AP Top 5. 2] the ACC's unique demographic where we have so many smaller schools and so many private schools. Average Big Ten school enrollment is 31,557, SEC is 24,164 & ACC is only 15,867. Instability blindsided the ACC when Maryland up and left in 2012 for the Big Ten. [motivation was more $$$] The Big Ten launched their network in 2007, the SEC did their in 2014 and it took the ACC until 2019 to get theirs going.
VT president Tim Sands said the conference's presidents & chancellors have made it clear that closing the revenue gap [not erasing it] is a major expectation and that Jim Phillips is the right guy to do it. But absent getting Notre Dame to join in football, there is no clear path. There is a carriage deal with Comcast Xfinity that is anticipated in late September that will make the ACC Network finally available. That will help but is not nearly enough. He goes on that to increase distributions in a 15 team league by just $3 mill per school, it would take an additional $77.4 mill of revenue. Since Maryland bolted in 2012, is the ACC vulnerable to further poaching? We know that could happen with Clemson & FSU speculation to the SEC plus earlier things years ago about our teams going to the Big Ten. etc. But who knows. NC State president Randy Woodson ends it by saying "I think we will be OK, but not sure where it all ends."
Comforting thoughts, huh?
