Whitey23
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ACC extension shows ESPN's shrewd control over competition and expansion
Currently ACC schools get about $13 million a year but as CBS pointed out, there is also an increase in travel budget as the league expands. More importantly, barring further expansion or something unforeseen, the ACC is about tapped out in terms of television monetization and are locked into their current deal until 2026, fourteen years from now. To put that in perspective, 14 years ago Roger Maris still held the single season Home Run record and Bill Clinton was giving us a very finite explanation of what constituted as sex.
What makes it worse for the ACC is that generally speaking the short term and long term outlook for sports media rights and in particular college sports rights are very bullish with Fox and NBC ready to pounce on anything ESPN doesn't retain. Unlike the Pac 12 and the Big Ten, who have or will soon have their own networks, the ACC won't have another avenue to raise their television revenue. The Big Ten and Pac 12 have shrewdly allowed themselves the opportunity to control their own destiny as their networks can ramp up carriage fees, distribution, and advertising revenue over time.