XLance
Hall of Famer
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I Root For: Carolina
Location: Greensboro, NC
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The ACC does it again $$$$
In a report published in the GREENSBORO NEWS AND RECORD today, the ACC disbursed $137.5 million to its 12 member schools in the tax year ending June 30, 2007 (according to federal tax returns released this week). It was an increase of 5.7% over the 2005-2006 tax year (the largest since an 11.7% increase in the 2002-2003 year).
Total revenue of $159,753,654 beat projections by 33.5%, and the cash distributed to the membership was 27% greater than estimates.
The ACC distributed 86.213% of its revenue back to the conference members.
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05-21-2008 03:30 PM |
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goodknightfl
Hall of Famer
Posts: 21,195
Joined: Feb 2004
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I Root For:
Location:
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RE: The ACC does it again $$$$
pretty sweet.. thats something like 11.5 mil per team.
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05-25-2008 08:55 AM |
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