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ACC Revenues and Payouts, Along with Legal Bills, up Last Year
- The Atlantic Coast Conference reported record revenue of about $711.4 million and average payouts near $45 million to 14 football schools for the 2023-24 season.
- This increase followed legal disputes with members Florida State and Clemson over exit fees and revenue distribution, leading to a settlement reshaping the league's payout plan.
- The ACC's revamped plan, effective next year, will reward schools based on TV viewership and on-field success, while new members California, Stanford, and SMU will receive adjusted shares.
- Legal expenses rose 70.2% to over $12.3 million amid ongoing major lawsuits, and ESPN extended its media rights deal through 2035-36, contributing to league stability, said ACC Commissioner Jim Phillips.
- The ACC, now set to expand to 18 schools in 2024-25, remains third in revenue among major conferences but faces a growing financial gap behind the Big Ten and SEC.
68 Articles
68 Articles
Kingsport Times-News
Johnson City PressACC revenues and payouts climbed in 2023-24, as did legal bills
The Atlantic Coast Conference set league records for revenue and member payouts yet also had a growing legal bill amid since-settled lawsuits from members Clemson and Florida State, according to the league's most recent tax filing.
Bozeman Daily Chronicle
Here is the latest ACC sports news from The Associated Press
UNDATED (AP) — The Atlantic Coast Conference set league records for revenue and member payouts. Yet the league also had a growing legal bill amid since-settled lawsuits from members Clemson and Florida State. That's according to the league’s most recent…
Roanoke Times
ACC revenues and payouts, along with legal bills, up last year
The Atlantic Coast Conference set league records for revenue and member payouts yet also had a growing legal bill amid since-settled lawsuits from members Clemson and Florida State, according to the league's most recent tax filing.
Idaho State Journal
ACC revenues and payouts climbed in 2023-24. So too did legal bills amid FSU, Clemson lawsuits
The Atlantic Coast Conference set league records for revenue and member payouts yet also had a growing legal bill amid since-settled lawsuits from members Clemson and Florida State, according to the league's most recent tax filing.
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