With the risk of further conference reorganization jeopardizing its future, ACC made a small adjustment to revenue distribution.
Conference Board of Directors announced Wednesday that, beginning in the 2024-25 school year, a “success incentive initiative” will be implemented. That means schools will get more money from the ACC based on post-season success, such as reaching the College Rugby Qualifiers or Round 4 Finals.
“The ACC Board of Directors remains committed to exploring all the potential opportunities that will bring additional revenue and resources to the conference. Today’s decision provides an avenue to reward athletic success while distributing additional revenue to all members,” said ACC board chairman Vincent Price, Duke president.
The announcement comes shortly after the ACC’s spring meeting in Amelia Island, Fla., last week. On May 15, Ross Dellenger of Sports Illustrated reported that seven of the 14 ACC schools — a team led by Clemson and the State of Florida — examined whether exiting the convention’s grant before the expiration date was possible.
Five other schools, each Action Network Brett McMurphy and Dellengerare Miami, North Carolina, Virginia Tech, Virginia and North Carolina State.
ACC’s media rights deal with ESPN runs through 2036, with the deal set to bring in about $30 million less annually than similar arrangements between the SEC and the Big Ten and partners their respective communications.
With Oklahoma and Texas set to join the SEC for the 2024-25 school year, USC and UCLA set to join the Big Ten at the same time, the ACC, Big 12, and Pac-12 are engaged in a battle to protect themselves.
The elimination of the top two leagues, which could interest the addition of leagues like Clemson, Florida State, North Carolina, Oregon and Washington – to name a few notable schools – is paramount.
