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Can't be right. The thing that set off the B12 was the extra money coming to the ACC from an ESPN run network for them.
We do not know the specifics of the ACC media contract...
What has been reported:
......The ACC Network will increase the league's overall value. Swofford said the many agreements will put the ACC in "the upper echelon of Power 5 conferences" and secure the league's future over the next 20 years.
.....It’s impossible to say how much revenue the ACC Network might generate. That answer will come in time, yet Jordan said with confidence recently that if the network “performs even moderately, it’ll put the ACC in a situation where they’ll be very, very competitive financially” with the SEC and Big Ten.
.....“We don’t announce the numbers on the rights fees but the rights fees, obviously, go up and there’s a more significant jump during the years before we launch the linear network, the ACC Network, in ’19,” Swofford said Thursday. “And then we’re very confident in what the network will bring financially.”
......There are the obvious financial ramifications of adding a conference network. Though no one would discuss specifics, once launched in August 2019, the ACC’s network will likely add between $5 million and $8 million to each school’s budget (and for the next two years, in the run-up to launch, the ACC’s rights deal will increase). It will lift the ACC into third place in revenue among Power Five leagues, behind the Big Ten and SEC but ahead of the Big 12 andPac-12. It’s not necessarily a bonanza, but it’s not insignificant.