ACC, Pac-12’s 2021-22 profits strikes record highs

Andrea Adelson, ESPN Elder WriterMay 19, 2023, 04:40 PM ET

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• ACC reporter.
• Signed up with ESPN.com in 2010.
• Graduate of the University of Florida.The ACC and Pac-12 launched their financial data for the 2021-22 season Friday, revealing record income for each conference.The ACC 990 type showed the league generated$617 million, up 6.7%from

  the previous year, while the Pac-12 revealed total earnings of $581 million and record distributions at$444 million.In addition, the ACC had an average circulation of nearly$ 39.5 million per school, likewise a league record and an increase of 9%over the previous year. The Pac-12 dispersed approximately$37 million per school.While the total revenue puts the ACC 3rd among all conferences, there is still a revenue space between the SEC($ 721.8 million )and Big Ten(

  $845.6 million)that will continue to grow as soon as their respective new television agreements are set to start over the next year. The ACC invested the bulk of its just recently concluded spring conferences talking about the revenue space, and are surrounding a brand-new circulation design that rewards on-field success.The Pac-12 saw its gains mainly as an outcome of boosts in media rights, postseason bowl earnings and NCAA basketball tournament profits circulations. However that league remains in the middle of working out a brand-new television rights deal that will not include USC or UCLA, which are proceeding to the Huge 10.