With the specter of additional convention realignment jeopardizing its future, the ACC made a slight adjustment for income distribution.
The convention board of administrators announced Wednesday that, starting with the 2024-25 educational yr, a “success incentive initiative” can be carried out. Which means faculties will obtain more cash from the ACC primarily based on postseason success, resembling reaching the Faculty Soccer Playoff or Closing 4.
“The ACC Board of Administrators continues to be dedicated to exploring all potential alternatives that may end in further revenues and sources for the convention. At present’s resolution supplies a path to reward athletic success whereas additionally distributing further income to the total membership,” stated ACC board of administrators chair Vincent Worth, the Duke president.
This announcement comes on the heels of the ACC spring conferences in Amelia Island, Fla., final week. On Could 15, Ross Dellenger of Sports Illustrated reported that seven of the 14 ACC faculties — a contingent led by Clemson and Florida State — had been inspecting whether or not exiting the convention’s grant-of-rights earlier than its expiration date was possible.
The opposite 5 faculties, per Action Network’s Brett McMurphy and Dellenger, are Miami, North Carolina, Virginia Tech, Virginia and North Carolina State.
The ACC’s media rights cope with ESPN lasts till 2036, with the contract set to herald roughly $30 million much less yearly than related offers between the SEC and the Large Ten and their respective media companions.
With Oklahoma and Texas set to hitch the SEC for the 2024-25 educational yr, and USC and UCLA set to hitch the Large Ten on the similar time, the ACC, Large 12 and Pac-12 are engaged in a battle for self-preservation.
Staving off the 2 prime leagues, which is perhaps thinking about including the likes of Clemson, Florida State, North Carolina, Oregon and Washington — to call just a few notable faculties — is paramount.