Reply to thread

Message: [QUOTE="TexanMark, post: 3873956, member: 35"] The article I was talking about Remember...the NCAA BB tournaments, etc...were not played [TABLE] [TR] [TD] Some Article blurbs from the N&O BY LUKE DECOCK MAY 21, 2021 05:55 PM The ACC’s tax filing from the 2019-20 academic year, provided by the conference on Friday, shows record revenue of $496.7 million for the conference, up from $455.4 million. For the first time, no full member received less than $30 million from the ACC. A good chunk of that comes from broadcast revenue, which jumped 15 percent to $332.8 million over the 10 months since the network’s launch. With the increased broadcasting revenue, the ACC managed to increase its average payout per school to $32.3 million -- not counting Notre Dame -- but still lags behind some of its Power 5 peers. Powered by the Big Ten Network, that conference paid its legacy members $54.3 million, according to USA Today. The SEC hasn’t yet filed its 2019-20 tax form, but it paid its members entitled to a full share between $44.5 million and $47.4 million in 2018-19 and recently announced a one-time bonus payment of $23 million per school to help cover COVID shortfalls. Big 12 payouts were between $37 million and $40.5 million and the Pac-12 paid its members $33.6 million. Those payouts are expected to continue to increase as the ACC Network continues to grow and mature, although next year’s numbers will be skewed dramatically by the pandemic and Notre Dame’s one-year cameo as a full football member. Not until May 2022 will there be a good sense of where the network is taking the ACC. “I’d just remind everybody we’re still in the infancy stage,” Phillips said. “I know the history of the Big Ten Network quite well, quite intimately. They had over a decade jump on us and you can see the success of that particular network. We’re bullish on our future as well and feel very strongly we’re headed in a similar kind of direction.” A separate $46.5 million increase from 2018-19 was expected as the Orange Bowl was not part of the College Football Playoff, as it had been the previous year. But payments from the NCAA dropped $37.4 million due to COVID, and conference tournament revenue was also down slightly because of the cancellation of the 2020 ACC tournament in Greensboro. For the first time, the ACC disclosed $301,553 in lobbying expenses regarding “issues related to potential legislation regarding student-athletes licensing their name, image and likeness for compensation.” John Swofford made $4 million in his final full year as commissioner. That's a 9% jump with COVID cutting into 3 months of the year and no Comcast.[/TD] [/TR] [/TABLE] [/QUOTE]

Verification: What is a Syracuse fan's favorite color?