Trails only the B1G in Revenues…
Points out the futility of the ACC’s Machiavellian moves
The Southeastern Conference distributed an average of almost $52.6 million to the 14 full-year members for the 2023-24 season in a slight increase from the previous year, according to its tax filing. Oklahoma and Texas received approximately half that amount.
The league’s average full-member payout increased from about $51.3 million for 14 schools for 2022-23. It also marked the third time in four seasons that the league’s full-member payout had averaged better than $50 million, with a peak of $54.6 million for the 2020-21 season.
The SEC’s 2023-24 average would trail only the Big Ten, which reported total revenues of $845.6 million with an average payout of $58 million to full members for 2021-22, followed by $879.9 million and $60.3 million for 2022-23. See ESPN link below.
As the revenues gap widens for all leagues falling behind the B1G & SEC, such numbers only highlight the plight of the ACC’s spindly revenues. The recent announcement of an ESPN extension of their MR deal only exacerbates the problem-as there is no reported increase to that revenue stream. The ACC’s negotiations for a ‘new distribution model’ to appease its top teams, including a “Brand Distribution Fund” and “Success Initiatives”, are facing tough resistance from league membership. Such distributions heavily favor the top name schools and the schools which achieve high success in a given year. The majority of the leagues members will take a reduction in league revenues to ‘fund’ such new initiatives. See ESPN link below.
https://www.espn.com/college-football/story/_/id/43724055/sec-distributed-526m-14-members-2023-24
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