ACC dispersed record $45M per school in ’23-24
- David HaleMay 16, 2025, 04:39 PM ET Close College football reporter.Joined ESPN in 2012.
- Graduate of the University of Delaware.The Atlantic Coast Conference produced$711 million for the 2023-24 scholastic year, according to new tax files launched by the league, distributing approximately$45 million to each of its 14 full-time member schools, a new record for the conference.The monetary reports, which cover the last year of ACC athletics prior to the additions of
SMU, Stanford and Cal, show a little uptick in earnings year-over-year and a roughly 56 %boost in revenues from five years ago.While the revenue distribution puts the ACC solidly in 3rd location amongst conferences, it still trails the SEC and Big Ten by a large margin. Those relative deficits have actually stayed a source of consternation for members and resulted in suits submitted by Florida State(in December 2023 )and Clemson( in February 2024)to challenge the ACC’s grant of rights, which binds the league together through June 2036. The structure of a settlement of those suits was reached previously this year, however, as the conference conceded to a new income circulation model that would focus on the greatest brands.Editor’s Picks
1 Associated Commissioner Jim Phillips said at this week’s annual spring conferences that he believed the contract would supply stability for the ACC for a minimum of the next three to four years.
“I just believe you’ve got to calm down,” Phillips stated. “I believe college athletics needs to settle, not just the ACC. I believe we have actually positioned ourselves for that. The turmoil and continuous wondering of what’s happening here or there, that sidetracks from business at hand. I feel great about where we’re at, and while I do take things one day at a time, I think there’s a time period where, let’s settle in and get things done.”
After Florida State promoted modifications to the revenue-distribution design in 2023, the league embraced a set of “success initiatives” that would offer a greater payout of postseason revenue to schools who won the post in football and men’s and ladies’s basketball. Those success efforts were not executed at the time frame covered by the latest 990 reports, however. Sources at numerous programs have stated they anticipate those success efforts combined with the new brand name payments (based on TV ratings over a five-year period) could assist bring the top programs in the ACC more detailed in line with the profits created by SEC and Big Ten schools.In its last 990 filing, the Big 10 revealed$880 million in income for the 2022-23 year, however those numbers will be significantly greater in subsequent filings that show massive brand-new TV offer for the conference.In February, the SEC dispersed $808 million to its membership
for the 2023-24 year, balancing about$53 million per school.