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ACC brings in over $300 million for 2013-14
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GTFletch Offline
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Post: #1
ACC brings in over $300 million for 2013-14
Great news for the ACC, bad news for the ACC doubters & Haters...

According to IRS filings, the ACC had a record $302.3 million in revenue for 2013-14 season, its first year as a 15-member league. But it also paid its member institutions $11 million in league championship game/tournament reimbursements, raising its total revenue number to $313.3 million.

The 14 full-time ACC members each received an average of about $22.1 million. Notre Dame, a full member in all sports but football, received $4.9 million, according to the IRS filing.

The conference does not yet have the financial numbers for 2014-15, but the total revenue is expected to be higher based on increased money from the College Football Playoff and its exit settlement with Maryland.

Links Below!!
http://espn.go.com/blog/acc/post/_/id/82...or-2013-14
&
http://espn1005.com/archives/63706

FYI to compare that with the SEC in 2013-14 , the great SEC handed out record $309.6M for 2013-14...The average amount received by each school, excluding $16.8 million of bowl revenue, was $20.9 million.

LINK BELOW:
http://www.usatoday.com/story/sports/nca...4/9776645/
06-13-2015 02:29 PM
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GTFletch Offline
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Post: #2
RE: ACC brings in over $300 million for 2013-14
So for those who are worried that the ACC is going to be on hard times I would not worry to much... The ACC is here to stay!
06-13-2015 02:30 PM
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omniorange Offline
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RE: ACC brings in over $300 million for 2013-14
(06-13-2015 02:30 PM)GTFletch Wrote:  So for those who are worried that the ACC is going to be on hard times I would not worry to much... The ACC is here to stay!

Nebraska five years ago

I found this article about Nebraska five years ago quite interesting.

Osborne also personally had some longtime concerns about the Texas-centric nature of the Big 12 and the natural advantages of its Sun Belt schools. It certainly wasn’t the same as the old Big Eight, the league in which the legendary coach toiled for decades before it absorbed Texas and three other Southwest Conference schools in the mid-1990s.

Osborne had opposed the relocation of the conference offices from Kansas City to Dallas. He also fought anchoring the conference title game in Dallas, preferring it move between cities in the north and the south.

The Big Eight is gone. And its spirit is dying, too. When Missouri would willingly leave the same conference as Kansas and former Big Eighters side with the south over Nebraska, it’s clear the old ties are unraveling. The idea that the other Big 12 schools, including the old Big Eight, would stand around and let Texas start its own network over a conference-wide network is particularly appalling.

There are some cautionary notes in all of the above. While not an exact replica of what has occurred and appears may still be taking place within the ACC in terms of a fight over identity, members freely pulling their skirts up to flirt with other conferences, allowing ND special privileges, etc., there exists enough similarities to at least be cautious about the long-term viability of the ACC.

I still see the glass as half-full, but it can still be tipped over spilling everything out.

Cheers,
Neil
06-13-2015 03:14 PM
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nole Offline
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Post: #4
RE: ACC brings in over $300 million for 2013-14
Anyone believing the ACC can do victory laps and is safe.....well, you are in denial.

Even big time homer...and one of the few media members that covers ACC to a deep level, David Teel wrote the following:

"But ACC schools, collectively and individually, need to find more money. The task won’t be easy, and even if they do, the Big Ten and SEC still figure to lead the arms race.
The ACC's challenge: Do more with less."

Many in the ACC will be happy to 'do more with less'......but a few will start to look for other options......and soon the B1G/SEC will start to poach the ACC....starting in VA/NC. Only a matter of time now. Maryland wasn't an anomaly.

The ACC is so eager to be complacent. Seems to be it's #1 issue.


Next years numbers are going to send a massive shock through the ACC (even with the temporary Maryland cash they will use to try and hide the problem instead of start a network wish looks unlikely) and the insiders know it. Even if the blind masses don't.
(This post was last modified: 06-13-2015 03:52 PM by nole.)
06-13-2015 03:42 PM
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WakeForestRanger Offline
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Post: #5
RE: ACC brings in over $300 million for 2013-14
The biggest problem with your theory is the fact that you say the Virginia/North Carolina schools will leave first. That is incredibly unlikely as those schools are wedded to the ACC more than anyone. They will not be the first to leave and if your scenario requires that then it won't happen at all.
(This post was last modified: 06-13-2015 03:48 PM by WakeForestRanger.)
06-13-2015 03:47 PM
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nole Offline
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Post: #6
RE: ACC brings in over $300 million for 2013-14
(06-13-2015 03:47 PM)WakeForestRanger Wrote:  The biggest problem with your theory is the fact that you say the Virginia/North Carolina schools will leave first. That is incredibly unlikely as those schools are wedded to the ACC more than anyone. They will not be the first to leave and if your scenario requires that then it won't happen at all.

Don't hang your hat on the theory that teams will either be imprisoned in the ACC...so tough, or that a team like Va Tech won't want to pull something similar to Texas A&M over Texas with VA.....like that won't be tempting to them.


ACC has to be viable on it's own...not be content because it believes folks wont' have options or a few will settle for tradition. $$$ tends to change that.

CHange is coming....the ACC either can work towards radical change now....or face it latter.
06-13-2015 04:03 PM
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Dr. Isaly von Yinzer Offline
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Post: #7
RE: ACC brings in over $300 million for 2013-14
Eh, we'll take our chances on facing it later.

Frankly, the Florida State fans have shown absolutely no business acumen whatsoever during this entire affair. You folks have already shown your hand whenever that inbred from West Virginia was passing off his obviously false and mathematically unrealistic realignment rumors and you were goofs eating it up like putting because of played to your vanity. Even when people were coming out of the woodwork to prove that the math did not work, you dismissed them out of hand because it did not line up with what your ego told you should've been the case.

Dummies.

The FSU fans have embarrassed themselves time again throughout this process. So trusting their seemingly unending prophecies of destruction... Unless of course we capitulate to all of their demands - despite the fact that they lack any actual leverage to mandate such change is the epitome of absurdity.

I'm sure it makes perfect sense on the boneheaded FSU forums. However, to the outside world, which is not as blown away by your greatness, you sound foolish.

FSU fan #1: "Hey, were pretty good and everyone else sucks so we should just tell them how things are going to be going forward and that will be that."

FSU fan #2: "Yeah. Good idea. And if they don't go for it, we will tell them we're going to leave for a better offer."

So they make their way over to North Carolina fan No. 1 – who runs the league – and they deliver their ultimatum.

His answer: "No. Now go back and play with your Legos."

FSU fan No. 1: "This sucks. One day we will get our revenge. One day… Boo ha ha! Booo ha ha! Boo ha ha!"

"Please!"

UNC fan: "Still no."

FSU fan: "God! I hate you!"

(Petulantly slams the door)

UNC fan: "I know you do, Noley. Now get some sleep and don't forget to wear your footie pajamas or you could catch a cold."

FSU fan: "Okay... But I still hate you with every fiber of my being."
(This post was last modified: 06-13-2015 04:57 PM by Dr. Isaly von Yinzer.)
06-13-2015 04:39 PM
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Hokie Mark Online
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Post: #8
RE: ACC brings in over $300 million for 2013-14
To be fair, FSU fans don't hate UNC nearly as much as fans of the original ACC teams. Clemson, Duke, NC State and Wake Forest should have an annual Hate UNC convention.
06-13-2015 07:19 PM
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nole Offline
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Post: #9
RE: ACC brings in over $300 million for 2013-14
Sooo dramatic....

This isn't about drama....simple. It is about money. ACC is poorest conference....the gap will grow.

Schools that compete in football have issue with that.....because they are heavily invested in football.

You take it sooo personally or see it soo emotionally.

It isn't.

It is just about $$$$ and the ACC losses when it comes to money...with the gap growing.

Not sure why some in the ACC turn these simple business concepts (more money good...less bad) into dramatic emotional diatribes.




(06-13-2015 04:39 PM)Dr. Isaly von Yinzer Wrote:  Eh, we'll take our chances on facing it later.

Frankly, the Florida State fans have shown absolutely no business acumen whatsoever during this entire affair. You folks have already shown your hand whenever that inbred from West Virginia was passing off his obviously false and mathematically unrealistic realignment rumors and you were goofs eating it up like putting because of played to your vanity. Even when people were coming out of the woodwork to prove that the math did not work, you dismissed them out of hand because it did not line up with what your ego told you should've been the case.

Dummies.

The FSU fans have embarrassed themselves time again throughout this process. So trusting their seemingly unending prophecies of destruction... Unless of course we capitulate to all of their demands - despite the fact that they lack any actual leverage to mandate such change is the epitome of absurdity.

I'm sure it makes perfect sense on the boneheaded FSU forums. However, to the outside world, which is not as blown away by your greatness, you sound foolish.

FSU fan #1: "Hey, were pretty good and everyone else sucks so we should just tell them how things are going to be going forward and that will be that."

FSU fan #2: "Yeah. Good idea. And if they don't go for it, we will tell them we're going to leave for a better offer."

So they make their way over to North Carolina fan No. 1 – who runs the league – and they deliver their ultimatum.

His answer: "No. Now go back and play with your Legos."

FSU fan No. 1: "This sucks. One day we will get our revenge. One day… Boo ha ha! Booo ha ha! Boo ha ha!"

"Please!"

UNC fan: "Still no."

FSU fan: "God! I hate you!"

(Petulantly slams the door)

UNC fan: "I know you do, Noley. Now get some sleep and don't forget to wear your footie pajamas or you could catch a cold."

FSU fan: "Okay... But I still hate you with every fiber of my being."
06-13-2015 08:22 PM
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WakeForestRanger Offline
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Post: #10
RE: ACC brings in over $300 million for 2013-14
(06-13-2015 04:03 PM)nole Wrote:  
(06-13-2015 03:47 PM)WakeForestRanger Wrote:  The biggest problem with your theory is the fact that you say the Virginia/North Carolina schools will leave first. That is incredibly unlikely as those schools are wedded to the ACC more than anyone. They will not be the first to leave and if your scenario requires that then it won't happen at all.

Don't hang your hat on the theory that teams will either be imprisoned in the ACC...so tough, or that a team like Va Tech won't want to pull something similar to Texas A&M over Texas with VA.....like that won't be tempting to them.


ACC has to be viable on it's own...not be content because it believes folks wont' have options or a few will settle for tradition. $$$ tends to change that.

CHange is coming....the ACC either can work towards radical change now....or face it latter.

Who said anything about imprisoned? I said the Virginia and North Carolina teams like the ACC. They are the core of the conference. It's basically a bus league for them. They will not be able to compete at the level they currently do in any other conference. They will not be the first out the door and will only leave if enough other teams leave to make the conference untenable. So it's pretty unlikely to happen at all.
06-13-2015 08:52 PM
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HtownOrange Offline
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Post: #11
RE: ACC brings in over $300 million for 2013-14
(06-13-2015 04:03 PM)nole Wrote:  
(06-13-2015 03:47 PM)WakeForestRanger Wrote:  The biggest problem with your theory is the fact that you say the Virginia/North Carolina schools will leave first. That is incredibly unlikely as those schools are wedded to the ACC more than anyone. They will not be the first to leave and if your scenario requires that then it won't happen at all.

Don't hang your hat on the theory that teams will either be imprisoned in the ACC...so tough, or that a team like Va Tech won't want to pull something similar to Texas A&M over Texas with VA.....like that won't be tempting to them.


ACC has to be viable on it's own...not be content because it believes folks wont' have options or a few will settle for tradition. $$$ tends to change that.

CHange is coming....the ACC either can work towards radical change now....or face it latter.

I understand your logic. When one looks only at TV deals, I would agree. I only point out that conference payouts are pittance compared to other university revenue streams. Many schools have their private media deals that bring in 1/3-1/2 of the conference payout. Most schools in the ACC are serious about research which brings in far more money than a conference payout. The list goes on. As much as I love sports, sports revenue is really a small part of a university's budget. Worrying over a few million in difference of payouts (even ten million) is not that big of a deal for a university operating in the billion+ range or the multi-billion range.

I know most schools want their sports programs to be revenue positive or at least revenue neutral, but most schools can absorb small losses (not Maryland or Rutgers losses, though). Many times, the "losses" are only on paper.

I state the above because schools like UVA and UNC know that they are with schools they are close with (the original ACC, FSU), schools they can tolerate (all the newbies) and have influence on what happens in the conference. Jumping to the B1G would only net a few dollars (though I fully concede that in TV money, the number looks impressive) in the big scheme of the universities, it simply isn't worth the changes. In the B1G, UVA and UNC would be nothing special. Additionally, once you factor in the travel hassles (costs, time zones, relationships, etc.) the original TV difference becomes much smaller (see WVU/Big 12).

VATech to the SEC is a possibility but again, there are several factors to consider. Beamer will retire soon, will the program stay elevated, they have a sweet deal in their division with a shot of winning it annually, in the SEC, they would be a small fish in a big pond, and lest anyone forget the political wrangling expended on getting VATech in the ACC to begin with would cause many to wince at the idea of VATech leaving (that will take a while to wear off).

NCState to the SEC could be a possibility, but what does NCState bring to the SEC? Serious question, not facetious barb. SEC football is already on TV and they now have a network, do they need a Carolina school? The same may apply to VATech (or GATech, FSU, Clemson). If there are any TV gurus, this might be an interesting topic.

Finally, the Big 12 is not a real option unless they can create a coup de grace, taking several significant markets at once. Their market is relatively small (NY and FL have more population than the Big 12), add in every other ACC State and the numbers become staggering in favor of the ACC. I know several people think that the ACC will self destruct with several schools jumping at once to join UT but forget that school administrations have no interest in playing third fiddle to UT and OU, at least in the ACC, the schools are on equal footing.

I fully agree that change is coming and the ACC had best embrace it and if possible lead it.
(This post was last modified: 06-13-2015 09:06 PM by HtownOrange.)
06-13-2015 09:04 PM
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Marge Schott Offline
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Post: #12
RE: ACC brings in over $300 million for 2013-14
There is clearly something flawed with this ESPN article. And Teel specifically mentioned in an older article that ESPN didn't calculate the figures correctly. I'll let him explain it:

Quote:But last week the ACC told the Daily Press and ESPN.com that its revenue for 2013-14, the conference’s first with 14 football members and 15 (Notre Dame) for other sports, was a league-record $291.7 million, a big-time bump of 24 percent from just a year ago reflecting an enhanced contract with ESPN . That led some media to simply divide the $291.7 million by 14 and presume average per-school distributions of $20.8 million.

Such reports are misleading. Based on previous tax filings, the ACC returns about 90 percent of revenue to schools -- the remainder is for league expenses -- a rate that would translate to average per-school distributions of approximately $18.8 million for 2013-14. Again, that amount does not include the championship pool money, which is calculated and awarded separately.

Come on now, you didn't think Swofford was working for free, did ya?

This appears to be the math they performed: [($302.3M + $11M) - $4.9M] / 14 = $22.02M

If that was accurate, why do the tax returns mentioned by Lou C in the other thread - that David Teel has posted - show that the 13 full members received an average of $19.3M? Even when you factor in the $11M in championship payments, it only comes out to a $20.2M/school average.

Also, this stupid Adelson person says all 14 full members received equal shares. And we KNOW that UMD had revenue withheld. You might be thinking, "Well, isn't that good news that UMD's money was withheld, because now we will have a large payout?" And the answer is quite simply "No". Because we KNOW the payouts per the ACC's tax filings showed a $20.2M/school average, NOT the $22.1M/school average listed by ESPN/Adelson.

The "good news" is that it it appears UMD's share may just be sitting in a bank somewhere. I don't know if that's enough to buy back the Raycom rights or not, or even if that's what the ACC is withholding the money for, in hopes that on day ESPN decides it actually wants an ACCN.

Literally the only part of her entire article that isn't worthless is the tidbit about there being $11M in championship reimbursement money.
(This post was last modified: 06-14-2015 11:42 AM by Marge Schott.)
06-13-2015 10:32 PM
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Marge Schott Offline
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RE: ACC brings in over $300 million for 2013-14
(06-13-2015 09:04 PM)HtownOrange Wrote:  
(06-13-2015 04:03 PM)nole Wrote:  
(06-13-2015 03:47 PM)WakeForestRanger Wrote:  The biggest problem with your theory is the fact that you say the Virginia/North Carolina schools will leave first. That is incredibly unlikely as those schools are wedded to the ACC more than anyone. They will not be the first to leave and if your scenario requires that then it won't happen at all.

Don't hang your hat on the theory that teams will either be imprisoned in the ACC...so tough, or that a team like Va Tech won't want to pull something similar to Texas A&M over Texas with VA.....like that won't be tempting to them.


ACC has to be viable on it's own...not be content because it believes folks wont' have options or a few will settle for tradition. $$$ tends to change that.

CHange is coming....the ACC either can work towards radical change now....or face it latter.

I understand your logic. When one looks only at TV deals, I would agree. I only point out that conference payouts are pittance compared to other university revenue streams. Many schools have their private media deals that bring in 1/3-1/2 of the conference payout. Most schools in the ACC are serious about research which brings in far more money than a conference payout. The list goes on. As much as I love sports, sports revenue is really a small part of a university's budget. Worrying over a few million in difference of payouts (even ten million) is not that big of a deal for a university operating in the billion+ range or the multi-billion range.

I'm sorry, but what the heck is this?

Seriously, what on earth does research revenue and a universities' operating revenue have to do with athletic budgets? You CANNOT spend research revenue on sports. And, at least in Florida, you cannot use university general fund monies on athletics (most of that is earmarked for specific items anyways).

So mentioning all of that is truly pointless.

We ALL already know that conference payouts are only a portion of athletic budgets. This has been mentioned by ACC fanboys and acknowledged by FSU fans ad nauseam. That doesn't change that fact that other conferences' payouts are growing faster than the ACC's and distancing themselves from the ACC.
(This post was last modified: 06-13-2015 10:41 PM by Marge Schott.)
06-13-2015 10:38 PM
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goodknightfl Offline
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Post: #14
RE: ACC brings in over $300 million for 2013-14
In the end the ACC and B12 likely stay close in $$ while SEC and Big take huge leads, as for the Pac... who knows.
06-14-2015 06:47 AM
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GTFletch Offline
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RE: ACC brings in over $300 million for 2013-14
(06-13-2015 10:32 PM)Marge Schott Wrote:  There is clearly something flawed with this ESPN article. And Teel specifically mentioned in an older article that ESPN didn't calculate the figures correctly. I'll let him explain it:

Quote:But last week the ACC told the Daily Press and ESPN.com that its revenue for 2013-14, the conference’s first with 14 football members and 15 (Notre Dame) for other sports, was a league-record $291.7 million, a big-time bump of 24 percent from just a year ago reflecting an enhanced contract with ESPN . That led some media to simply divide the $291.7 million by 14 and presume average per-school distributions of $20.8 million.

Such reports are misleading. Based on previous tax filings, the ACC returns about 90 percent of revenue to schools -- the remainder is for league expenses -- a rate that would translate to average per-school distributions of approximately $18.8 million for 2013-14. Again, that amount does not include the championship pool money, which is calculated and awarded separately.

The reason is because other conferences announce their per school payouts, whereas the ACC only announces its total revenue. This leads sports writers to mistakenly assume that you can just divide the revenue by the number of conference schools and that's that.

Come on now, you didn't think Swofford was working for free, did ya?

This appears to be the math they performed: [($302.3M + $11M) - $4.9M] / 14 = $22.02M

If that was accurate, why do the tax returns mentioned by Lou C in the other thread - that David Teel has posted - show that the 13 full members received an average of $19.3M? Even when you factor in the $11M in championship payments, it only comes out to a $20.2M/school average.

Also, this stupid Adelson person says all 14 full members received equal shares. And we KNOW that UMD had revenue withheld. You might be thinking, "Well, isn't that good news that UMD's money was withheld, because now we will have a large payout?" And the answer is quite simply "No". Because we KNOW the payouts per the ACC's tax filings showed a $20.2M/school average, NOT the $22.1M/school average listed by ESPN/Adelson.

The "good news" is that it it appears UMD's share may just be sitting in a bank somewhere. I don't know if that's enough to buy back the Raycom rights or not, or even if that's what the ACC is withholding the money for, in hopes that on day ESPN decides it actually wants an ACCN.

Literally the only part of her entire article that isn't worthless is the tidbit about there being $11M in championship reimbursement money.

Actually you are correct the 22.2 M number for 2013-14 is low since the ACC does not collectively own media rights.... So FSU could have made 5 million more...GT 2 million more.... so the 22.1 Million was passed out... and for the 2014-15 numbers will be more due to the CFP $$$ and the Maryland Exit fee of $31M...

Bottom line the ACC is not far behind the SEC/PAC/BIG and they do not even have a network yet... One we have a network it will close the gap even more. (The ACC will always be behind the SEC in Contributions)

IF and when College athletes are considered employees and the contributions a school receives can be taxed...that is when the ACC will really be able to close the gap with the SEC... Never thought Northwestern would win the Union fight so it will be interesting to see if that day comes...
06-14-2015 07:24 AM
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GTFletch Offline
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Post: #16
RE: ACC brings in over $300 million for 2013-14
The Dave Teel tweet/article you are speaking about was from June 9th 2014...and the 19.2 M was for the 2012-2013 Season.. So Yes the ACC had a 30 Percent increase in Money and handed out 22.1 Million in 2013-14...

What is even more interesting is that the conference does not yet have the financial numbers for 2014-15, but the total revenue is expected to be higher based on increased money from the College Football Playoff and its exit settlement with Maryland.
(This post was last modified: 06-14-2015 07:33 AM by GTFletch.)
06-14-2015 07:32 AM
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Hokie Mark Online
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Post: #17
RE: ACC brings in over $300 million for 2013-14
As Marge pointed out, there is a math error in what both Teel and ESPN reported. Here is what I was able to piece together as far as what MUST be true, based on other statements*


school millions
Va Tech $19.30
Virginia $18.30
Clemson $21.30
Duke $20.20
Florida St $20.20
N Carolina $19.80
Miami $19.50
Boston College $19.40
Ga Tech $19.20
Syracuse $19.20
Pittsburgh $18.90
NC State $18.20
Wake Forest $17.90
Notre Dame $4.90
Maryland[1] $18.00
------------------------------
Sub Total 1 $274.30
Reimburse[2] $11.00
------------------------------
Sub Total 2 $285.30
ACC[3] $17.00
------------------------------
Total $302.30

(for explanations and details, click here)
(This post was last modified: 06-14-2015 08:20 AM by Hokie Mark.)
06-14-2015 07:40 AM
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GTFletch Offline
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Post: #18
RE: ACC brings in over $300 million for 2013-14
Hokie Mark.... Have you asked the ACC about your numbers? Because the ACC itself is stating that...The 14 full-time members in the conference received an average of $22.1 million and Notre Dame, a partial member, brought in $4.9 million.

No where in your ACC number is any school getting 22.1M... So unless the Article is bogus someone is wrong..


LINK

http://www.si.com/college-football/2015/...e-millions
06-14-2015 09:35 AM
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GTFletch Offline
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Post: #19
RE: ACC brings in over $300 million for 2013-14
I have read the link Hokie Mark...here....which I think you also have read....

http://www.dailypress.com/sports/teel-bl...tml#page=1

Seems odd.... 22.1 and 19.3.... Wonder how and why there is confusing in reporting
06-14-2015 09:40 AM
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I Root For: Georgia Tech
Location: Georgia
Post: #20
RE: ACC brings in over $300 million for 2013-14
Another link...I concede Hokie Mark... I think you are correct...

Payouts for most ACC members ranged from $21.3 million (Clemson) to $17.9 million (Wake Forest).


http://www.cbssports.com/collegefootball...in-2013-14

I guess the ACC is living on borrowed time.... We are ruined!!!!!!
06-14-2015 09:44 AM
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