(03-04-2025, 01:33 PM)GK3 Wrote:(03-04-2025, 12:43 PM)needle Wrote: Settlement now official that ends lawsuits filed by FSU, Clemson against ACCSo exactly how much do we get and what does it cost us to leave the ACC?
Quote: ESPN recently exercised its opt-in clause with the ACC, extending its media rights deal with the conference through 2036 while providing some relief for the ACC through turbulent times. 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.
https://www.cbssports.com/college-footba...y-details/
Quote: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.
It should also be noted that the 40% of television money distributed evenly among the 14 longstanding institutions is not a slight towards the more recent members. SMU decided to forgo media rights payments for nine years to join the ACC, while Cal and Stanford agreed to a 30% rate, so the newcomers are on a different scale.
Quote:That [exit fee] figure is already down to $165 million for fiscal year 2026, which is still steep. But a continuous decline through 2030 will make it more manageable, and a flat fee of $75 million beyond 2030 is more in line with a standard exit fee.
so I'm assuming our 30% revenue share will not get much if any bump from the 60% of the revenue distributed on a ratings-based formula from the past five years. What's not clear to me is if our share is now really 12% (30% * 40%) if we don't get any of the 60% pool based on ratings.
Looking like two big super conferences coming soon....will be be invited to the party?
Eric
"the older we get the better we were"
