Barron makes it sound like the ACC is renegotiating the TV revenues with ESPN...is that because of the new teams coming on board? If so, can the ACC expect a significant increase, like into the levels of B12, SEC or B10? Or is he just talking about the negotiations relative to the ACC network? Could make it really interesting.
Just a taste of some of the reaction from around the ACC regarding yesterday’s surprise announcement of a grant of rights agreement that most expect to halt runaway realignment among the major conferences:
“This announcement further highlights the continued solidarity and commitment by our member institutions. The Council of Presidents has shown tremendous leadership in insuring the ACC is extremely well positioned with unlimited potential.
The Acc has long been a leader in intercollegiate athletics, both academically and athletically. Collectively, we all agree the grant of rights further positions the ACC and its current and future members as one of the nation’s premier conferences.”
“I think very significant in the whole process is the nearly complete negotiations with ESPN which involve a proposed significant increase in our TV revenues and also a path forward with an ACC Network. I think the revenues are extremely important to us, and one of the key elements of that negotiation is the desire from ESPN as well as the ACC presidents that we increase the stability of the power conferences in the country. So all of these things go hand in hand…
All of the discussions about who is going where, most of it just made up, has gotten the attention of every single president out there because it gets to the point where it actually starts to harm the ability to attract resources. I think this is a case in point there. The stability is generating a lot more resources and a lot more opportunity.”
“I am thrilled with today’s announcement by the Atlantic Coast Conference. It is one of the great days in the history of our conference as it shows the highest level of commitment — not by words, but by actions. With all the uncertainty regarding conference affiliations the past several years in college athletics, this announcement, coupled with our media rights deal with the world’s best sports broadcasting network secures the ACC’s future, and thus Duke’s, for years to come.”