The ACC has announced a modified revenue model that will reward high-performing programs with additional monetary gains in an effort to capture explosive conference distributions in the Big Ten and SEC for years to come. Plans for the new model, which will launch during the 2024-2025 academic year, have not yet been finalized, but the “success incentives” are expected to reward schools with success in the postseason with a much higher share of distribution.
“The ACC Board of Directors remains committed to exploring all possible opportunities that will result in additional revenue and resources for the conference,” said Duke President Vince Price, who also serves as Chairman of the Board. “Today’s decision provides a way to reward athletic success while distributing additional revenue to the full membership.”
Under a proposed model by Michael Alford, Florida State Athletic Director 247Sportshigh-performing ACC schools could potentially receive more than $10 million in additional revenue, a significant increase from the $39.4 million distributed by the league in 2021-2022, according to data obtained by the Richmond Times Transmission.
For the 2022-23 season, a school earned $6 million for his conference with a berth for the College Football Playoff; a selection for a non-playoff New Year’s Six bowl pays $4 million. In all, the CFP paid up to a base of nearly $80 million per Power Five conference, as long as member institutions met academic expectations. Under another model, more of this payout could go to top schools. For example, Clemson would have been the biggest beneficiary of this change in 2022 after earning a trip to the Orange Bowl.
Revenues from basic television and other ACC distributions remain unchanged. The ACC’s long-term television contract with ESPN, including distribution on the ACC network, is expected to clear $30 million next season, setting a high floor for all 14 ACC schools. However, the record ACC payout ranks fourth in the average conference distribution, according to USA today, behind the SEC, Big Ten and Big 12.
In particular, Florida State and Clemson have said they need additional resources to compete with the Big Ten’s new contract, which is expected to pay an average of $75 million per season. Have seven league settingsthe rights award for the viability of a pre-2036 breakout, but likely got away with paying what could have been exorbitant buyouts to break the television contract nearly 15 years early.
“Today’s approval follows important and meaningful discussions by the ACC Board of Directors,” said ACC Commissioner Jim Phillips. “To be sure, I applaud their thoughtfulness and continued commitment to working collectively. As we have consistently communicated, we remain committed to exploring all options to improve support for our member institutions and their student-athletes.”