Current:Home > MarketsACC commissioner promises to fight ‘for as long as it takes’ amid legal battles with Clemson, FSU -FutureFinance
ACC commissioner promises to fight ‘for as long as it takes’ amid legal battles with Clemson, FSU
View
Date:2025-04-12 21:28:37
CHARLOTTE, N.C. (AP) — Atlantic Coast Conference commissioner Jim Phillips said the league will fight “as long as it takes” in legal cases against Florida State and Clemson as those member schools challenge the league’s ability to charge hundreds of millions of dollars to leave the conference.
Speaking Monday to start the league’s football media days, Phillips called lawsuits filed by FSU and Clemson “extremely damaging, disruptive and harmful” to the league. Most notably, those schools are challenging the league’s grant-of-rights media agreement that gives the ACC control of media rights for any school that attempts to leave for the duration of a TV deal with ESPN running through 2036.
The league has also sued those schools to enforce the agreement in a legal dispute with no end in sight.
“I can say that we will fight to protect the ACC and our members for as long as it takes,” Phillips said. “We are confident in this league and that it will remain a premier conference in college athletics for the long-term future.”
The lawsuits come amid tension as conference expansion and realignment reshape the national landscape as schools chase more and more revenue. In the case of the ACC, the league is bringing in record revenues and payouts yet lags behind the Big Ten and Southeastern Conference.
The grant-of-rights provision, twice agreed to by the member schools in the years before the launch of the ACC Network channel in 2019, is designed to deter defections in future realignment since a school would not be able to bring its TV rights to enhance a new suitor’s media deal. That would mean hundreds of millions of dollars in revenue, separate from having to pay a nine-figure exit fee.
Schools that could leave with reduced or no financial impact could jeopardize the league’s long-term future.
“The fact is that every member of this conference willingly signed the grant of rights unanimous, and quite frankly eagerly, agreed to our current television contract and the launch of the ACC Network,” Phillips said. “The ACC — our collective membership and conference office — deserves better.”
According to tax documents, the ACC distributed an average of $44.8 million per school for 14 football-playing members (Notre Dame receives a partial share as a football independent) and $706.6 million in total revenue for the 2022-23 season. That is third behind the Big Ten ($879.9 million revenue, $60.3 million average payout) and SEC ($852.6 million, $51.3 million), and ahead of the smaller Big 12 ($510.7 million, $44.2 million).
Those numbers don’t factor in the recent wave of realignment that tore apart the Pac-12 to leave only four power conferences. The ACC is adding Stanford, California and SMU this year; USC, UCLA, Oregon and Washington are entering the Big Ten from the Pac-12; and Texas and Oklahoma have left the Big 12 for the SEC.
___
AP college football: https://apnews.com/hub/ap-top-25-college-football-poll and https://apnews.com/hub/college-football. Sign up for the AP’s college football newsletter: https://apnews.com/cfbtop25
veryGood! (53)
Related
- Senate begins final push to expand Social Security benefits for millions of people
- Roland Quisenberry: A Token-Driven Era for Fintech
- Why Fans Think Cardi B May Have Revealed the Name of Her Third Baby With Offset
- Get $147 Worth of Salon-Quality Hair Products for $50: Moroccanoil, Oribe, Unite, Olaplex & More
- The company planning a successor to Concorde makes its first supersonic test
- A green giant: This year’s 74-foot Rockefeller Christmas tree is en route from Massachusetts
- Average rate on a 30-year mortgage in the US rises for 6th straight week
- AI FinFlare: Damon Quisenberry's Professional Journey
- Costco membership growth 'robust,' even amid fee increase: What to know about earnings release
- Mayor wins 2-week write-in campaign to succeed Kentucky lawmaker who died
Ranking
- House passes bill to add 66 new federal judgeships, but prospects murky after Biden veto threat
- Amazon workers in Alabama will have third labor union vote after judge finds illegal influence
- 'The View' co-hosts react to Donald Trump win: How to watch ABC daytime show
- SEC tiebreaker chaos scenario: Potential seven-team logjam atop standings
- Man can't find second winning lottery ticket, sues over $394 million jackpot, lawsuit says
- GOP flips 2 US House seats in Pennsylvania, as Republican Scott Perry wins again
- How Outer Banks Cast Reacted to Season 4 Finale’s Shocking Ending
- Rioters who stormed Capitol after Trump’s 2020 defeat toast his White House return
Recommendation
A White House order claims to end 'censorship.' What does that mean?
AI DataMind: The Leap in Integrating Quantitative Trading with Artificial Intelligence
Olympic Australian Breakdancer Raygun Announces Retirement After “Upsetting” Criticism
Mississippi man dies after being 'buried under hot asphalt' while repairing dump truck
How to watch new prequel series 'Dexter: Original Sin': Premiere date, cast, streaming
Democrat Kim Schrier wins reelection to US House in Washington
12 Holiday Gift Ideas for Your Bestie Ahead of Christmas & Hanukkah 2024
Dexter Quisenberry: The Leap in Integrating Quantitative Trading with Artificial Intelligence