Ah - you're right The $4.16M figure is per school. Messed up my columns on the spreadsheet.
Everything else should be correct though - the number with ND's addition was $260M annually, up from $238.4M. People keep talking about the $20M per school number but the signed contract says otherwise - there are certain conditions that will push the value of the ACC deal higher but I believe it's contingent on the ACC Network being launched.
UNC and FSU are being paid less they would be otherwise - they just decided to stick around regardless.
The ACC held a gun to their own head and told ESPN to pay up, and ESPN did. The ACC will get paid for the ACC network no matter what form it takes. I don't need to show it in writing, we all know it is going to happen.
ESPN added 3 all sports programs, Pitt, Syracuse and Louisville, and one hoops only program, ND, to the ACC and lost one all sports program, Maryland. Maryland is obviously more valuable than the three teams that were added, otherwise the Big 10 would have added one of those other schools. In return for a net 2.5 schools with lower value per school than the one they lost, ESPN doubled the ACC TV contract. It will be awful hard for the ACC to prove damages in its case against Maryland.
At the same time, ESPN lost most of WVU, TCU and Rutgers, and all of the C7. The part of WVU, TCU and Rutgers they got, a few games a year, will cost them about the same as they would have paid those schools for their entire schedule if they had stayed in the Big East. Don't underestimate the loss of the C7+3. Those are big city programs that draw well and get good ratings in the part of the country where basketball is king. Losing those schools was a HUGE hit to ESPN's winter lineup.
For $175MM a year, ESPN could have signed the Big East to a long term deal and held the league together and gotten all of its TV content. Instead, ESPN declared war, will still end up paying an incremental $200+ million a year to the Big 10, Big 12 and ACC, and lose a ton of content to a direct competitor while destroying the athletic programs at three of the former Big East schools.
ESPN really screwed the pooch here, and unfortunately for us, with all the money that was getting sprayed around, UConn ended up as one of only three schools that was worse off after than before.