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Editor [∞]
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TNET: ACC reported record revenue share for schools in '21 fiscal year
May 21, 2022, 9:49 AM
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Orange Blooded [2851]
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Re: TNET: ACC reported record revenue share for schools in '21 fiscal year
May 21, 2022, 10:11 AM
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Nice spin on the revenue situation on an otherwise bleak picture for the ACC going forward.
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CU Medallion [55408]
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Re: TNET: ACC reported record revenue share for schools in '21 fiscal year
May 21, 2022, 10:55 AM
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Wasn't it the Big 12 that a lot of Tiger Net folks was wanting us to join a few years back. Well from the looks of it where the money is concerned, Clemson would have made about the same amount of money in the ACC as if Clemson was in the Big 12.
IMO, it is best that Clemson stay put unless Clemson gets an invite to join the SEC, and yes, I could live with that. I think that with Clemson in the SEC, Clemson would keep it's core values, play against better competition in FB, and about the same in all other sports, and with a bigger pay check every year....
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CU Guru [1993]
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Re: TNET: ACC reported record revenue share for schools in '21 fiscal year
May 21, 2022, 4:10 PM
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The only reason the sec (and big10) would be considered better than the acc, is football. Granted, that's a big (perhaps biggest) reason, the acc is better than the sec in most other sports. Soccer, basketball, baseball, frig, even tiddledewinks. I have no real desire to jump ship. Everything cycles. When Nick "thorn in the side of aTm" Saban retires, bama will be mortal. Of the other power schools, we have a comparable, if not winning record, over the past decade
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110%er [7128]
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Re: TNET: ACC reported record revenue share for schools in '21 fiscal year
May 21, 2022, 1:39 PM
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The gap between ACC money and SEC / B1G money isn't as terribly awful as I thought it would be.
But it's still awful.
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Oculus Spirit [83116]
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Yea. SEC/BIG are made up of mostly huge
May 21, 2022, 4:13 PM
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state universities and that = big TV ratings.
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CU Guru [1558]
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Re: TNET: ACC reported record revenue share for schools in '21 fiscal year
May 21, 2022, 4:24 PM
[ in reply to Re: TNET: ACC reported record revenue share for schools in '21 fiscal year ] |
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The gap between ACC money and SEC / B1G money isn't as terribly awful as I thought it would be.
But it's still awful.
It’s not huge now, but I think the SEC and B10 can renegotiate their deals in just a few years. Because of Swofford’s negotiation skills, the ACC is locked in for another 10+ years on ours. Some think the new SEC and B10’s revised deals will pay each team in the range of $75 million per team. That could be 2X our deal.
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CU Guru [1045]
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Re: TNET: ACC reported record revenue share for schools in '21 fiscal year
May 21, 2022, 4:54 PM
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The SEC can only renegotiate the content from the CBS package (which will be going to ESPN). They can't renegotiate the rest of their contract until 2034 or 35, just like the ACC. Granted, that will still be a good chunk of change, but they can't redo the entire contract like the Big 10 can.
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All-TigerNet [10862]
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Re: TNET: ACC reported record revenue share for schools in '21 fiscal year
May 21, 2022, 7:21 PM
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When Texas and OU join in the next few years it will be renegotiated - would it not?
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Walk-On [143]
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Re: TNET: ACC reported record revenue share for schools in '21 fiscal year
May 21, 2022, 2:19 PM
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Power 5 conference revenues varied greatly for 2020-21 season amid COVID-19 pandemic
Andrea Adelson ESPN Senior Writer
The ACC and Pac-12 released their financial data for the 2020-21 season on Friday, and most notably, the conferences saw their revenues impacted in a different way during the coronavirus pandemic.
While the ACC 990 form shows total revenue was more than $578.3 million, the highest gross revenue in league history, the Pac-12 reported total revenues of $344 million -- down 36% over the previous year.
The ACC saw a 16.4% increase in revenues compared to 2019-20, the largest growth with the current membership, and distributed an average of $36.1 million per school. The Pac-12 reported an average distribution of $19.8 million per school, a decrease of 41% over the previous year. In a statement, the Pac-12 attributed those numbers primarily to decreased media rights and postseason bowl revenues, game cancellations, lower event revenue due to no fans, and higher costs associated with COVID-19 health and safety protocols and testing.
While the Pac-12 did not play a full football season during the coronavirus pandemic, the ACC scheduled an 11-game season. Though the ACC had its own game cancellations, the bulk of the conference schedule was played, and that helped contribute to its financial success. The league did spend $2.5 million on medical testing during the pandemic.
Also helping the ACC: Notre Dame participated as a full-time football team for this one year as a result of the pandemic, which not only helped the overall revenue but allowed the Irish to gain an equal share of the revenue distribution.
The SEC scheduled a 10-game conference football season and saw its revenues increase as well. In February, the league announced $777.8 million in total revenue was divided among its 14 schools, with an average of $54.6 million per school. That also was an increase over the previous year, in which $657.7 million in revenue was distributed.
USA Today obtained the tax returns for the Big Ten and Big 12. Both conferences saw a decrease in their revenues over the previous season as well. The Big Ten reported nearly $680 million in revenue for 2021, down $89 million, while the Big 12 reported $53 million less in revenue.
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CU Guru [1993]
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Re: TNET: ACC reported record revenue share for schools in '21 fiscal year
May 21, 2022, 4:15 PM
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I guess ole Paul" I suck nick sabans honker" finniebumm was a little off on his opinion of the acc, when it comes to tv revenue.
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Walk-On [143]
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Re: TNET: ACC reported record revenue share for schools in '21 fiscal year
May 21, 2022, 5:33 PM
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