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ACC logo new 2012
The bottom line
A look at how much each of the ACC’s 12 schools received through an “allocation of general support” from the league in 2011-2012:
Clemson: $18.6 million
Virginia Tech: $18.5 million
Virginia: $17.4 million
North Carolina: $17.3 million
N.C. State: $17.0 million
Wake Forest: $17.0 million
Georgia Tech: $16.9 million
Florida State: $16.9 million
Maryland: $16.0 million
Duke: $15.9 million
Boston College: $15.8 million
Miami: $15.7 million
Posted: Tuesday, May 28, 2013 10:47 pm | Updated: 11:44 pm, Tue May 28, 2013.
ACC payout averaged $16.9M in ’11-12By David Morrisondavid.morrison@news-record.comnews-record.com
GREENSBORO — The ACC’s 12 schools split more than $203 million in revenue for an average of $16.9 million per school during the 2011-12 school year, according to ACC tax documents obtained by the News & Record.
That per-school payout represents a jump of nearly 38 percent from the 2010-11 figure of $12.3 million.
As a whole, the ACC reported $223.5 million in revenue in 2011-12 and $223.8 million in expenses, for a net loss of $303,295.
But it ended the year with $24.5 million in net assets.
The conference’s biggest revenue generators were football television rights ($130.5 million), bowl games ($43.8 million), the NCAA men’s basketball tournament ($17.7 million), the NCAA Grants-in-Aid Fund ($9.4 million) and the ACC basketball tournament ($5.1 million), which was in Atlanta.
The ACC paid commissioner John Swofford $1.67 million during the 2011-12 year, a 14.1 percent increase from the $1.46 million he was paid during the 2010-11 year.
According to other conferences’ tax documents obtained by the News & Record, the Pac-12’s Larry Scott was paid $3.1 million, the Big Ten’s Jim Delany received $2.82 million and the SEC’s Mike Slive got $1.56 million.
The Big 12 paid former commissioner Dan Beebe, with whom it negotiated a “mutual agreement” to leave his post in September 2011, $4.9 million in 2011-12.
Big Ten teams received an average payout of $23.8 million from the league in 2011-12, with new member Nebraska getting a reduced cut.
The SEC paid an average of $20.4 million to its schools, the Big 12 paid an average of $12.0 million — with departing members Texas A&M and Missouri getting drastically reduced shares — and Pac-12 schools received an average of $11.1 million, with new members Colorado and Utah taking in less than the other 10 schools.
