It was reported in the middle of this past May that the ACC and ESPN had reached an agreement on a 12-year, $1.86 billion deal that would combine the football and basketball packages together for the first time.
Today, the two sides officially and publicly consummated the new marriage.
According to a joint press release issued by the conference and the network, the new deal is indeed for 12 years and will begin in 2011-2012. A specific dollar amount was not given, but is believed to be in the range of what was first reported.
As far as the football side of the broadcast agreement is concerned, regular season games will air on Saturday afternoon and nights, primetime Thursdays and Labor Day Monday. Additionally, ESPN/ABC will televise the ACC title game.
“We are excited to be continuing our partnership with ESPN and Raycom Sports,” commissioner John Swofford said in a statement. “This agreement allows our schools to reach significantly new financial heights while also showcasing more ACC content and coverage than ever before across traditional and new media platforms.”
Having lived in Maryland the past five years, I’m surprised that the ACC can get a football TV deal.
Lets compare the amount teams will make per year after next year in each conference:
20M big ten
17M SEC (BCS bowl teams get 20M)
17M Big 12 (A&M and OU get 20M, UT gets 20M, their future TV network, & Beebee’s soul)
14M Pac 10 (may be more than this after next year)
12.9M ACC
swoffard is SOO proud of this deal that he gave up bowl tie ins and made it so the ACC is screwed if any teams leave. The ACC will now be FIFTH in team payouts per year . . .
darlingknight27, you forgot one item; the ACC deal includes basketball while the others don’t.
One other thing, A&M, OU and Tejas will only get 20M if Nebraska and Colorado pay their exit penalties, which won’t happen till long after the Big 12 is no more.
78Lion says:
July 9, 2010 10:06 AM ET
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One other thing, A&M, OU and Tejas will only get 20M if Nebraska and Colorado pay their exit penalties, which won’t happen till long after the Big 12 is no more.
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Incorrect. Nebraska and Colorado aren’t paid their media contract directly by the media partner; the media partner pays the conference, and the conference distributes the money among the teams according to the agreements. As such, Nebraska and Colorado simply won’t receive the money that would have been due them had they not elected to leave the conference, so the Big 12 doesn’t exactly have to hire a collection agency.
[...] financial behemoths the Big Ten ($214 million) and SEC ($205 million), but is on par with the $155 million the ACC is expected to bring in with their newly-minted deal. All of the BcS leagues could be looking up to the Pac-12 in the [...]
[...] financial behemoths the Big Ten ($214 million) and SEC ($205 million), but is on par with the $155 million the ACC is expected to bring in with their newly-minted deal. All of the BcS leagues could be looking up to the Pac-12 in the very [...]
[...] financial behemoths the Big Ten ($214 million) and SEC ($205 million), but is on par with the $155 million the ACC is expected to bring in with their newly-minted deal. All of the BcS leagues could be looking up to the Pac-12 in the very [...]
[...] While commissioner Larry Scott would not confirm the numbers involved, the New York Times reported yesterday that the Pac-12 would receive $250 million annually on the 12-year deal. If those numbers are correct, the Pac-12′s new agreement would top that of the two previous financial behemoths — the SEC and Big Ten — and far surpass the recently signed agreements of the Big 12 and ACC. [...]
[...] While commissioner Larry Scott would not confirm the numbers involved, the New York Times reported yesterday that the Pac-12 would receive $250 million annually on the 12-year deal. If those numbers are correct, the Pac-12′s new agreement would top that of the two previous financial behemoths — the SEC and Big Ten — and far surpass the recently signed agreements of the Big 12 and ACC. [...]
[...] While commissioner Larry Scott would not confirm the numbers involved, the New York Times reported yesterday that the Pac-12 would receive $250 million annually on the 12-year deal. If those numbers are correct, the Pac-12′s new agreement would top that of the two previous financial behemoths — the SEC and Big Ten — and far surpass the recently signed agreements of the Big 12 and ACC. [...]