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ACC Revenues and Payouts, Along with Legal Bills, up Last Year

  • The Atlantic Coast Conference reported a record $711.4 million in revenue and nearly $45 million average payout to its 14 football schools for the 2023-24 season.
  • This revenue growth followed legal disputes with Clemson and Florida State that challenged exit fees, culminating in a settlement ending these cases in early 2024.
  • The ACC increased legal expenses to over $12.3 million in 2023-24, a 70.2% rise from $7.2 million the prior year, amid lawsuits reshaping college athletics.
  • Commissioner Jim Phillips described this period as a peak achievement in the league’s history, highlighting the ACC’s proactive revenue strategies and the renewal of its TV contract with ESPN through the 2035-36 season.
  • The ACC’s revamped revenue distribution, factoring TV viewership and rewarding top schools, will take effect next season, reflecting new members and promising greater financial differentiation.
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Roanoke TimesRoanoke Times
+17 Reposted by 17 other sources
Center

ACC revenues and payouts, along with legal bills, up last year

The Atlantic Coast Conference set league records for revenue and member payouts yet also had a growing legal bill amid since-settled lawsuits from members Clemson and Florida State, according to the league's most recent tax filing.

Idaho State JournalIdaho State Journal
+7 Reposted by 7 other sources
Center

ACC revenues and payouts climbed in 2023-24. So too did legal bills amid FSU, Clemson lawsuits

The Atlantic Coast Conference set league records for revenue and member payouts yet also had a growing legal bill amid since-settled lawsuits from members Clemson and Florida State, according to the league's most recent tax filing.

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ESPN broke the news in United States on Friday, May 16, 2025.
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