The ACC finally got in the expansion waters, as they voted Friday morning to the add the University of California, Stanford University and SMU, according to multiple reports.
After the nuclear bombs of the BIG Ten and SEC expanded at a rapid pace, with seemingly no regard for the devastation left behind, over the last 18 months, the ACC responded with the equivalent of a kid with a sparkler on the Fourth of July.
They are getting the three schools at a significant discount, with it being reported that “Stanford, the bell-cow of the group, and Cal are proposing to forgo a majority of revenue distribution for multiple years if they receive an invitation to the conference. The schools have agreed to start at 30% of distribution, or about $8 million each. SMU will forgo at least seven years without distribution and as many as nine. However, those figures are fluid and discussions are ongoing. The concessions free up more than $50 million annually in new money from ESPN — a boon for a conference that has been searching for additional revenue to appease restless members,” according to Yahoo Sports’ Ross Dellenger.
“After Stanford’s and Cal’s shares are removed, as well as travel costs, ACC schools stand to earn more than $30 million in new wealth to distribute every year,” added Dellenger.
So now the wait begins. Does this signal a new ACC, or is it the death nail in the coffin that ultimately forces the likes of Clemson, Florida State and others off the sinking ship?
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