ACC Changes Revenue Sharing Structure
PITTSBURGH -- Following a week of contentious spring meetings in Amelia Island, Florida, the ACC has decided to alter its revenue-sharing structure.
After calls for the league to abandon its wholly even revenue-sharing model, the ACC is taking a small step towards an uneven split of the total money brought it. The league announced this week that it would begin incentivizing wins in the postseason for ACC teams. Details have yet to be ironed out but the changes are expected to take place during the 2024-25 academic year.
“The ACC Board of Directors continues to be committed to exploring all potential opportunities that will result in additional revenues and resources for the conference,” ACC Board of Directors Chair and Duke President Vincent Price said. “Today’s decision provides a path to reward athletic success while also distributing additional revenue to the full membership.”
Certain ACC schools like Clemson and Florida State had been pushing for the league to adopt this model for a while and the calls have only grown louder as the SEC and Big 10 begin to separate themselves with increasingly lucrative television deals and other revenue streams.
“Today’s endorsement follows significant and meaningful conversations by the ACC Board of Directors,” Commissioner Jim Phillips said. “To be certain, I applaud their thoughtfulness and continued commitment to working collectively. As we’ve communicated consistently, we remain dedicated to exploring all options to enhance support for our member institutions and their student-athletes.”
These changes will not affect how much money each school receives from revenue brought in during the regular season.
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