- ACC settlement Archived Message
Posted by biclops
on March 5, 2025, 7:26:33, in reply to "College Football Offseason Thread*"
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The new revenue-distribution strategy, as proposed in the settlement, would distribute 40% of the television money evenly through the 14 longstanding ACC members -- including Florida State and Clemson -- with 60% of the revenue distributed on a ratings-based formula from the past five years. ••• In addition, the total cost to exit the ACC is expected to decline by $18 million each year through 2029-30. After that period, the fee drops to $75 million and any exiting program will retain its media rights with the league. ••• The new revenue sharing strategy seems tailor-made for institutions like Florida State and Clemson, which routinely draw more viewers and higher ratings thanks to their historic status and wide reach to college football fans. ESPN notes that top earners are expected to earn an additional $15 million based largely on the revenue generated by ratings. There is another side to that coin, as some programs will see a net reduction of as much as $7 million, though according to ESPN, member institutions were willing to trade that revenue loss for more league-wide stability. https://www.cbssports.com/college-football/news/acc-settles-florida-state-clemson-lawsuits-revised-revenue-distribution-lowered-exit-fee-among-key-details/ |
- tvillini March 9, 2025, 11:28:36