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ACC Network provided Georgia Tech an extra $4 million
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GTFletch Offline
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Post: #1
ACC Network provided Georgia Tech an extra $4 million
The ACC Network provided Georgia Tech an extra $4 million in distributions from the conference, which totaled $29.7 million and figures to increase.

Link
https://www.ajc.com/sports/georgia-tech/...%20AJC%20)
11-21-2020 05:37 AM
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cuseroc Online
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Post: #2
RE: ACC Network provided Georgia Tech an extra $4 million
(11-21-2020 05:37 AM)GTFletch Wrote:  The ACC Network provided Georgia Tech an extra $4 million in distributions from the conference, which totaled $29.7 million and figures to increase.

Link
https://www.ajc.com/sports/georgia-tech/...%20AJC%20)

Four Million is not too bad when the network has been crippled during a pandemic, and there was no Acc Tourney except the first day. That tells me that It could have been even better if not for the pandemic.
11-21-2020 11:08 AM
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Hokie Mark Offline
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RE: ACC Network provided Georgia Tech an extra $4 million
(11-21-2020 11:08 AM)cuseroc Wrote:  
(11-21-2020 05:37 AM)GTFletch Wrote:  The ACC Network provided Georgia Tech an extra $4 million in distributions from the conference, which totaled $29.7 million and figures to increase.

Link
https://www.ajc.com/sports/georgia-tech/...%20AJC%20)

Four Million is not too bad when the network has been crippled during a pandemic, and there was no Acc Tourney except the first day. That tells me that It could have been even better if not for the pandemic.

...and it wasn't operational for the entire fiscal year either. In fact, if you integrate the number of months each carrier actually carried the ACCN you probably end up with more like half a year of revenue.
11-21-2020 01:55 PM
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orangefan Offline
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Post: #4
RE: ACC Network provided Georgia Tech an extra $4 million
I'm a bit confused here, as the ACC distributed an average of around $29 million for fiscal year ended June 30, 2018. https://projects.propublica.org/nonprofi...0716934012

This article seems to be saying that was GT's distribution for the fiscal year ending June 30, 2020 was $29.7 million even with ACCN money. Of course, NCAA and ACC Tournament revenue were both reduced by Covid. Need more detail!
(This post was last modified: 11-21-2020 07:20 PM by orangefan.)
11-21-2020 07:18 PM
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georgia_tech_swagger Offline
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Post: #5
RE: ACC Network provided Georgia Tech an extra $4 million
(11-21-2020 07:18 PM)orangefan Wrote:  I'm a bit confused here, as the ACC distributed an average of around $29 million for fiscal year ended June 30, 2018. https://projects.propublica.org/nonprofi...0716934012

This article seems to be saying that was GT's distribution for the fiscal year ending June 30, 2020 was $29.7 million even with ACCN money. The ACC had Orange Bowl money both years, as FY2019 was the year where the Orange bowl was a CFP semifinal. Need more info!

The ACC didn't receive full tournament unit disbursement from the NCAA.
11-21-2020 07:20 PM
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orangefan Offline
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RE: ACC Network provided Georgia Tech an extra $4 million
(11-21-2020 07:20 PM)georgia_tech_swagger Wrote:  
(11-21-2020 07:18 PM)orangefan Wrote:  I'm a bit confused here, as the ACC distributed an average of around $29 million for fiscal year ended June 30, 2018. https://projects.propublica.org/nonprofi...0716934012

This article seems to be saying that was GT's distribution for the fiscal year ending June 30, 2020 was $29.7 million even with ACCN money. The ACC had Orange Bowl money both years, as FY2019 was the year where the Orange bowl was a CFP semifinal. Need more info!

The ACC didn't receive full tournament unit disbursement from the NCAA.
Thanks. I thought of that and edited the post while you were posting. In addition to tournament units, the tournament funds the Grants-in-Aid Fund, the Sports Sponsorship Fund, and beginning recently the Academic Excellence fund. These combine to a greater amount than the distribution based on tournament units. It will be a couple of years before we have clean numbers.
(This post was last modified: 11-21-2020 07:27 PM by orangefan.)
11-21-2020 07:25 PM
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