aussiedude
Pac-12 After Dark 2014-2023
- Feb 7, 2010
- 45,890
- 40,762
- AFL Club
- Collingwood
- Other Teams
- Green Bay Packers, Stanford
- Moderator
- #176
Looks like the next 2-3 days the decision will be made.
Sources: ACC expansion talks still alive as leaders consider new financial proposal
Believed to be a long shot just days ago, the acquisition of Stanford, Cal and SMU is back on the table.
sports.yahoo.com
Two of the three expansion targets, Stanford, the bell-cow of the group, and Cal, are proposing to take a significantly reduced revenue distribution for multiple years, starting at about 30%. SMU is proposing to take no distribution for as many as seven years
The ACC’s television contract with ESPN includes a pro-rata clause requiring the network to increase the value of the deal by one Tier 1 share for every new member — believed to be about $24 million a share, or about 70% of a full ACC share, which includes Tiers 1-3.
The ACC would stand to earn about $72 million in new money with the three expansion shares. Cal and Stanford have agreed to each take about 30% of the $24 million share, or roughly $7-10 million. After Cal and Stanford’s share and travel costs are off-set (roughly $1-2 million per school), the ACC stands to earn at least $30 million in revenue to re-distribute, likely through an incentive pool based on athletic success.