https://247sports.com/college/north-caro...226713624/

This is an in depth look at the Athletic financial picture at Carolina.
Produced by the local 24/7 affiliate (Inside Carolina).

Where the money comes from, where it goes.
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Solutions and predictions, the podcast may surprise you.

Good to know.

The ACC’s full distribution totaled $42 million

I believe 2021-2022 number was $39 million. So it looks like we are seeing another incremental increase.

$3m increase is pretty good and that was without a playoff appearance. The ACC is due a $2m increase each year, so what accounts for the extra million?

(02-08-2024 05:48 PM)Garrettabc Wrote:  $3m increase is pretty good and that was without a playoff appearance. The ACC is due a $2m increase each year, so what accounts for the extra million?

Media rights continued to represent the largest revenue input, climbing six percent to $33.3 million.

TV money increased at 6 percent. Remember some B12 fans were so thrilled about $31.7M average figure for the next cycle? The ACC already passed that number.

I've read some place that the ACC media deal has a 4% increase, did I read wrong or is this something else?

(02-08-2024 06:06 PM)Garrettabc Wrote:  I've read some place that the ACC media deal has a 4% increase, did I read wrong or is this something else?

4.1 percent increase for the base contract. Looks to me the ACCN money grows much faster than the base contract.

(02-08-2024 06:11 PM)random asian guy Wrote:  

(02-08-2024 06:06 PM)Garrettabc Wrote:  I've read some place that the ACC media deal has a 4% increase, did I read wrong or is this something else?

4.1 percent increase for the base contract. Looks to me the ACCN money grows much faster than the base contract.

The FSU document recently released states that there is an automatic 4.5% per year "escalator" clause in the ESPN T1 contract. Beyond that, there are also unspecified increases in ACCN profits (depends on subscriptions and advertising), as well as "earned money" like NCAA Tournament units, Bowl payouts, and ACC CG ticket sales and I think some ACCT money.

2022-23 ACC full distributions per team:

$47M Florida State Seminoles
$46M Virginia Tech
$44M Clemson Tigers
$44M Virginia Cavaliers
$42M North Carolina Tar Heels
$41M NC State Wolfpack
$41M Georgia Tech Yellow Jackets

(02-13-2024 09:14 PM)GTFletch Wrote:  2022-23 ACC full distributions per team:

$47M Florida State Seminoles
$46M Virginia Tech
$44M Clemson Tigers
$44M Virginia Cavaliers
$42M North Carolina Tar Heels
$41M NC State Wolfpack
$41M Georgia Tech Yellow Jackets

Information for all of the Chicken Littles.


The SEC distributed $51.3 million per school during the same year.

https://www.kbtx.com/2024/02/08/sec-anno...er-school/

"BIRMINGHAM, Alabama (February 8, 2024) – Southeastern Conference Commissioner Greg Sankey on Thursday announced revenue distribution of $741.0 million to the SEC’s 14 universities for the 2022-23 fiscal year, which ended August 31, 2023.

The total includes $718.0 million distributed directly from the conference office, and an additional $23.0 million retained by universities that participated in 2022-23 football bowl games.

The amount distributed from the conference office, excluding bowl expenses retained by participants, averaged $51.3 million per school."

(02-14-2024 05:33 AM)XLance Wrote:  

(02-13-2024 09:14 PM)GTFletch Wrote:  2022-23 ACC full distributions per team:

$47M Florida State Seminoles
$46M Virginia Tech
$44M Clemson Tigers
$44M Virginia Cavaliers
$42M North Carolina Tar Heels
$41M NC State Wolfpack
$41M Georgia Tech Yellow Jackets

Information for all of the Chicken Littles.


The SEC distributed $51.3 million per school during the same year.

https://www.kbtx.com/2024/02/08/sec-anno...er-school/

"BIRMINGHAM, Alabama (February 8, 2024) – Southeastern Conference Commissioner Greg Sankey on Thursday announced revenue distribution of $741.0 million to the SEC’s 14 universities for the 2022-23 fiscal year, which ended August 31, 2023.

The total includes $718.0 million distributed directly from the conference office, and an additional $23.0 million retained by universities that participated in 2022-23 football bowl games.

The amount distributed from the conference office, excluding bowl expenses retained by participants, averaged $51.3 million per school."

The ACC isn't nearly as bad off as people think, but it's the constant beating of the drum that says "you won't be able to compete because of the gap!"
#Propaganda

(02-14-2024 05:33 AM)XLance Wrote:  

(02-13-2024 09:14 PM)GTFletch Wrote:  2022-23 ACC full distributions per team:

$47M Florida State Seminoles
$46M Virginia Tech
$44M Clemson Tigers
$44M Virginia Cavaliers
$42M North Carolina Tar Heels
$41M NC State Wolfpack
$41M Georgia Tech Yellow Jackets

Information for all of the Chicken Littles.


The SEC distributed $51.3 million per school during the same year.

https://www.kbtx.com/2024/02/08/sec-anno...er-school/

"BIRMINGHAM, Alabama (February 8, 2024) – Southeastern Conference Commissioner Greg Sankey on Thursday announced revenue distribution of $741.0 million to the SEC’s 14 universities for the 2022-23 fiscal year, which ended August 31, 2023.

The total includes $718.0 million distributed directly from the conference office, and an additional $23.0 million retained by universities that participated in 2022-23 football bowl games.

The amount distributed from the conference office, excluding bowl expenses retained by participants, averaged $51.3 million per school."

If all these figures are correct, that means the ACC payouts are well within 10% of the SEC payouts. We have been hearing for years how the ACC cant keep up with the P2. When will the ACC start to not be able to keep up? Its still looking more like a P3 than a P2. I think FSU leaders are making a mistake the way they have been going about their business, when so far, there is not this huge gap in revenue. It doesnt seem as if there will be this huge gap of $25-30 million in payouts.

(02-14-2024 05:33 AM)XLance Wrote:  

(02-13-2024 09:14 PM)GTFletch Wrote:  2022-23 ACC full distributions per team:

$47M Florida State Seminoles
$46M Virginia Tech
$44M Clemson Tigers
$44M Virginia Cavaliers
$42M North Carolina Tar Heels
$41M NC State Wolfpack
$41M Georgia Tech Yellow Jackets

Information for all of the Chicken Littles.


The SEC distributed $51.3 million per school during the same year.

https://www.kbtx.com/2024/02/08/sec-anno...er-school/

"BIRMINGHAM, Alabama (February 8, 2024) – Southeastern Conference Commissioner Greg Sankey on Thursday announced revenue distribution of $741.0 million to the SEC’s 14 universities for the 2022-23 fiscal year, which ended August 31, 2023.

The total includes $718.0 million distributed directly from the conference office, and an additional $23.0 million retained by universities that participated in 2022-23 football bowl games.

The amount distributed from the conference office, excluding bowl expenses retained by participants, averaged $51.3 million per school."

Per CBSsports.com, the Big Ten distributed 58.8 million to its schools.

https://www.cbssports.com/college-footba...per-report

(02-14-2024 08:24 AM)cuseroc Wrote:  

(02-14-2024 05:33 AM)XLance Wrote:  

(02-13-2024 09:14 PM)GTFletch Wrote:  2022-23 ACC full distributions per team:

$47M Florida State Seminoles
$46M Virginia Tech
$44M Clemson Tigers
$44M Virginia Cavaliers
$42M North Carolina Tar Heels
$41M NC State Wolfpack
$41M Georgia Tech Yellow Jackets

Information for all of the Chicken Littles.


The SEC distributed $51.3 million per school during the same year.

https://www.kbtx.com/2024/02/08/sec-anno...er-school/

"BIRMINGHAM, Alabama (February 8, 2024) – Southeastern Conference Commissioner Greg Sankey on Thursday announced revenue distribution of $741.0 million to the SEC’s 14 universities for the 2022-23 fiscal year, which ended August 31, 2023.

The total includes $718.0 million distributed directly from the conference office, and an additional $23.0 million retained by universities that participated in 2022-23 football bowl games.

The amount distributed from the conference office, excluding bowl expenses retained by participants, averaged $51.3 million per school."

If all these figures are correct, that means the ACC payouts are well within 10% of the SEC payouts. We have been hearing for years how the ACC cant keep up with the P2. When will the ACC start to not be able to keep up? Its still looking more like a P3 than a P2. I think FSU leaders are making a mistake the way they have been going about their business, when so far, there is not this huge gap in revenue. It doesnt seem as if there will be this huge gap of $25-30 million in payouts.

cuseroc, how much are ACC payouts within B1G payouts?? Just curious.

(02-13-2024 09:14 PM)GTFletch Wrote:  2022-23 ACC full distributions per team:

$47M Florida State Seminoles
$46M Virginia Tech
$44M Clemson Tigers
$44M Virginia Cavaliers
$42M North Carolina Tar Heels
$41M NC State Wolfpack
$41M Georgia Tech Yellow Jackets

I believe the Louisville number for '22-'23 ACC distributions is $45M.

(02-14-2024 09:06 AM)DawgNBama Wrote:  

(02-14-2024 05:33 AM)XLance Wrote:  

(02-13-2024 09:14 PM)GTFletch Wrote:  2022-23 ACC full distributions per team:

$47M Florida State Seminoles
$46M Virginia Tech
$44M Clemson Tigers
$44M Virginia Cavaliers
$42M North Carolina Tar Heels
$41M NC State Wolfpack
$41M Georgia Tech Yellow Jackets

Information for all of the Chicken Littles.


The SEC distributed $51.3 million per school during the same year.

https://www.kbtx.com/2024/02/08/sec-anno...er-school/

"BIRMINGHAM, Alabama (February 8, 2024) – Southeastern Conference Commissioner Greg Sankey on Thursday announced revenue distribution of $741.0 million to the SEC’s 14 universities for the 2022-23 fiscal year, which ended August 31, 2023.

The total includes $718.0 million distributed directly from the conference office, and an additional $23.0 million retained by universities that participated in 2022-23 football bowl games.

The amount distributed from the conference office, excluding bowl expenses retained by participants, averaged $51.3 million per school."

Per CBSsports.com, the Big Ten distributed 58.8 million to its schools.

https://www.cbssports.com/college-footba...per-report

(02-14-2024 08:24 AM)cuseroc Wrote:  

(02-14-2024 05:33 AM)XLance Wrote:  

(02-13-2024 09:14 PM)GTFletch Wrote:  2022-23 ACC full distributions per team:

$47M Florida State Seminoles
$46M Virginia Tech
$44M Clemson Tigers
$44M Virginia Cavaliers
$42M North Carolina Tar Heels
$41M NC State Wolfpack
$41M Georgia Tech Yellow Jackets

Information for all of the Chicken Littles.


The SEC distributed $51.3 million per school during the same year.

https://www.kbtx.com/2024/02/08/sec-anno...er-school/

"BIRMINGHAM, Alabama (February 8, 2024) – Southeastern Conference Commissioner Greg Sankey on Thursday announced revenue distribution of $741.0 million to the SEC’s 14 universities for the 2022-23 fiscal year, which ended August 31, 2023.

The total includes $718.0 million distributed directly from the conference office, and an additional $23.0 million retained by universities that participated in 2022-23 football bowl games.

The amount distributed from the conference office, excluding bowl expenses retained by participants, averaged $51.3 million per school."

If all these figures are correct, that means the ACC payouts are well within 10% of the SEC payouts. We have been hearing for years how the ACC cant keep up with the P2. When will the ACC start to not be able to keep up? Its still looking more like a P3 than a P2. I think FSU leaders are making a mistake the way they have been going about their business, when so far, there is not this huge gap in revenue. It doesnt seem as if there will be this huge gap of $25-30 million in payouts.

cuseroc, how much are ACC payouts within B1G payouts?? Just curious.

Your guess is as good as mine.
Im going by the figures in this article regarding the SEC and the payouts listed for the ACC

(02-14-2024 01:24 PM)cuseroc Wrote:  

(02-14-2024 09:06 AM)DawgNBama Wrote:  

(02-14-2024 05:33 AM)XLance Wrote:  

(02-13-2024 09:14 PM)GTFletch Wrote:  2022-23 ACC full distributions per team:

$47M Florida State Seminoles
$46M Virginia Tech
$44M Clemson Tigers
$44M Virginia Cavaliers
$42M North Carolina Tar Heels
$41M NC State Wolfpack
$41M Georgia Tech Yellow Jackets

Information for all of the Chicken Littles.


The SEC distributed $51.3 million per school during the same year.

https://www.kbtx.com/2024/02/08/sec-anno...er-school/

"BIRMINGHAM, Alabama (February 8, 2024) – Southeastern Conference Commissioner Greg Sankey on Thursday announced revenue distribution of $741.0 million to the SEC’s 14 universities for the 2022-23 fiscal year, which ended August 31, 2023.

The total includes $718.0 million distributed directly from the conference office, and an additional $23.0 million retained by universities that participated in 2022-23 football bowl games.

The amount distributed from the conference office, excluding bowl expenses retained by participants, averaged $51.3 million per school."

Per CBSsports.com, the Big Ten distributed 58.8 million to its schools.

https://www.cbssports.com/college-footba...per-report

(02-14-2024 08:24 AM)cuseroc Wrote:  

(02-14-2024 05:33 AM)XLance Wrote:  

(02-13-2024 09:14 PM)GTFletch Wrote:  2022-23 ACC full distributions per team:

$47M Florida State Seminoles
$46M Virginia Tech
$44M Clemson Tigers
$44M Virginia Cavaliers
$42M North Carolina Tar Heels
$41M NC State Wolfpack
$41M Georgia Tech Yellow Jackets

Information for all of the Chicken Littles.


The SEC distributed $51.3 million per school during the same year.

https://www.kbtx.com/2024/02/08/sec-anno...er-school/

"BIRMINGHAM, Alabama (February 8, 2024) – Southeastern Conference Commissioner Greg Sankey on Thursday announced revenue distribution of $741.0 million to the SEC’s 14 universities for the 2022-23 fiscal year, which ended August 31, 2023.

The total includes $718.0 million distributed directly from the conference office, and an additional $23.0 million retained by universities that participated in 2022-23 football bowl games.

The amount distributed from the conference office, excluding bowl expenses retained by participants, averaged $51.3 million per school."

If all these figures are correct, that means the ACC payouts are well within 10% of the SEC payouts. We have been hearing for years how the ACC cant keep up with the P2. When will the ACC start to not be able to keep up? Its still looking more like a P3 than a P2. I think FSU leaders are making a mistake the way they have been going about their business, when so far, there is not this huge gap in revenue. It doesnt seem as if there will be this huge gap of $25-30 million in payouts.

cuseroc, how much are ACC payouts within B1G payouts?? Just curious.

Your guess is as good as mine.
Im going by the figures in this article regarding the SEC and the payouts listed for the ACC

58.8 for the B1G.

Yes, the ACC is very close to the SEC this year, but before we get TOO far ahead of ourselves, a couple of things to consider:

1) 2023-24 figures to be the closest the average ACC payout will come to the SEC, at least until the ACC can get a [favorable] new TV contract.

2) Thanks to unequal sharing, the top ACC earners will continue to hang pretty close to the SEC, while the 3 new schools in particular will remain far behind (although in the case of SMU, still better off than they were before).

Bottom Line: if FSU thinks they can be a top-earner in the ACC, there's no reason for them to spend a bunch of money on a lawsuit with low probability of success -- just sit tight and take the extra ACC money!

However, the biggest beneficiaries of unequal sharing may end up being Clemson and UNC -- we'll see.

(02-14-2024 03:29 PM)Hokie Mark Wrote:  Yes, the ACC is very close to the SEC this year, but before we get TOO far ahead of ourselves, a couple of things to consider:

1) 2023-24 figures to be the closest the average ACC payout will come to the SEC, at least until the ACC can get a [favorable] new TV contract.

2) Thanks to unequal sharing, the top ACC earners will continue to hang pretty close to the SEC, while the 3 new schools in particular will remain far behind (although in the case of SMU, still better off than they were before).

Bottom Line: if FSU thinks they can be a top-earner in the ACC, there's no reason for them to spend a bunch of money on a lawsuit with low probability of success -- just sit tight and take the extra ACC money!

However, the biggest beneficiaries of unequal sharing may end up being Clemson and UNC -- we'll see.

To be clear, this is the last year of the SEC's CBS contract. Next year the SEC earnings jump 20 million, minus whatever portion of the COVID loans the member schools elect to pay back. They have 3 to 5 years (their choice) to repay the 23 million each received from the conference to cover the loss of revenue from half empty stadiums (as mandated by COVID protocols). With ESPN escalators the SEC should be in the 75 million range next year.

(02-14-2024 03:29 PM)Hokie Mark Wrote:  Yes, the ACC is very close to the SEC this year, but before we get TOO far ahead of ourselves, a couple of things to consider:

1) 2023-24 figures to be the closest the average ACC payout will come to the SEC, at least until the ACC can get a [favorable] new TV contract.

2) Thanks to unequal sharing, the top ACC earners will continue to hang pretty close to the SEC, while the 3 new schools in particular will remain far behind (although in the case of SMU, still better off than they were before).

Bottom Line: if FSU thinks they can be a top-earner in the ACC, there's no reason for them to spend a bunch of money on a lawsuit with low probability of success -- just sit tight and take the extra ACC money!

However, the biggest beneficiaries of unequal sharing may end up being Clemson and UNC -- we'll see.

Sounds good to me. Now if we could only get better inter-conference matchups....

(02-14-2024 08:24 AM)cuseroc Wrote:  

(02-14-2024 05:33 AM)XLance Wrote:  

(02-13-2024 09:14 PM)GTFletch Wrote:  2022-23 ACC full distributions per team:

$47M Florida State Seminoles
$46M Virginia Tech
$44M Clemson Tigers
$44M Virginia Cavaliers
$42M North Carolina Tar Heels
$41M NC State Wolfpack
$41M Georgia Tech Yellow Jackets

Information for all of the Chicken Littles.


The SEC distributed $51.3 million per school during the same year.

https://www.kbtx.com/2024/02/08/sec-anno...er-school/

"BIRMINGHAM, Alabama (February 8, 2024) – Southeastern Conference Commissioner Greg Sankey on Thursday announced revenue distribution of $741.0 million to the SEC’s 14 universities for the 2022-23 fiscal year, which ended August 31, 2023.

The total includes $718.0 million distributed directly from the conference office, and an additional $23.0 million retained by universities that participated in 2022-23 football bowl games.

The amount distributed from the conference office, excluding bowl expenses retained by participants, averaged $51.3 million per school."

If all these figures are correct, that means the ACC payouts are well within 10% of the SEC payouts. We have been hearing for years how the ACC cant keep up with the P2. When will the ACC start to not be able to keep up? Its still looking more like a P3 than a P2. I think FSU leaders are making a mistake the way they have been going about their business, when so far, there is not this huge gap in revenue. It doesnt seem as if there will be this huge gap of $25-30 million in payouts.

Please remember this is before the SEC new 10 year, 3B contract for the "game of the week"

December 10, 2020, ESPN announced that it had acquired the top SEC rights under a 10-year deal beginning in 2024, valued at $3 billion over the length of the contract.

(02-13-2024 09:14 PM)GTFletch Wrote:  2022-23 ACC full distributions per team:

$47M Florida State Seminoles
$46M Virginia Tech
$44M Clemson Tigers
$44M Virginia Cavaliers
$42M North Carolina Tar Heels
$41M NC State Wolfpack
$41M Georgia Tech Yellow Jackets

Sorry I forgot to Link my source:

https://www.sportico.com/business/commer...234646029/