ACC revenues up 34%, Swofford pay increased to nearly $1.7 million
According to the USA Today, the ACC revenues increased by almost $57 million in its latest tax return. ACC commissioner John Swofford's pay increased 14% over last year but is up 45% in two years to nearly $1.7 million.
The ACC's new tax return, provided by the conference in response to a request from USA TODAY Sports, also showed that for its fiscal year ending June 30, 2012, the ACC had $223.3 million in total revenue. That represents a one-year increase of $56.6 million (34%), due almost entirely to an increase in television rights fees from a deal with ESPN that went into effect July 1, 2011.
The ACC's fiscal 2012 revenue ranked third among the nation's conferences behind the Big Ten ($315.5 million) and the SEC ($273.1 million).
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