Interesting stuff from TGD:
http://www.dailyorange.com/2011/10/...se-joins-financially-stable-situation-in-acc/ (this was also reported in the post-standard).
In 2009-10, Syracuse received $3.3 million from the Big East for football and $4.2 million for basketball.
In the 2009-10 season, the football team went 4-8 in head coach Doug Marrone’s first year, and the men’s basketball team won the Big East regular-season title before losing to Butler in the Sweet 16.
That same year, the Wake Forest football team was only a game better than the Orange at 5-7 and the basketball team made it to the second round of the NCAA Tournament. But the Demon Deacons received a distribution from the ACC of $10.8 million, according to the ACC’s most recent Internal Revenue Service Form 990 report. That was the lowest share of the conference’s 12 member schools.
Though the ACC shares its revenue equally among its members, the amounts of shares differ on the 990 report because the form takes into account reimbursements to teams for the conference championship. TV revenue and postseason payouts, among other variables, are also included in the shares.
The nearly $3.5 million difference between Wake Forest’s share and Syracuse’s share in 2009-10 can add up over time.
‘If you take that $3.5 million and you times it by 10, you’re $30.5 million behind, right, as far as where they are and where they are resource-wise,’ Gross said. ‘So that’s significant, you know.’
Of the Big East’s eight schools that compete in basketball and football, Syracuse had the lowest share at $7.5 million in 2009-10. The next lowest share was Louisville at $8.02 million. The Big East’s highest share was given to West Virginia at $10,427,259, still more than $400,000 less than the lowest share in the ACC.
Gross said that equal revenue sharing in the ACC has its advantages and disadvantages.
