WildUte on the Big 12 Mafia Show did a breakdown of the value of FSU, Clemson, UNC and Miami to the ACC. It's really interesting.
For instance, since 2015, Clemson and Florida State combined have equaled 34.8% of the TV ratings of the entire conference. Add in Miami and it's 44.6%. Add in UNC and it's 50.7%. If those 4 schools leave, the conference will lose over half of its total viewership.
'We are woefully underpaid' ... Trustees Chair Peter Collins discusses FSU's battle with ACC
“At the end of the day, we are worth more than we are getting paid — a lot more than we are getting paid,” Collins said. “And I would challenge anybody to tell me that we’re not. To tell me that we’re worth the same amount as some of the other schools in the conference, from a media standpoint.”
To some degree, that is the essence of Florida State’s issue with the conference.
Because many schools in the ACC do not produce strong TV ratings no matter how well their teams perform on the field, the conference’s television revenue soon will be dwarfed by the hauls of the SEC and Big Ten. The annual disparity is estimated to be at least $30 million to $40 million per school.
With that in mind, Collins said, Florida State officials repeatedly asked the ACC’s leadership to consider unequal revenue sharing, which might reward and appease the likes of FSU, Clemson and other top brands, while reducing the annual payouts to schools that don’t generate as much interest.
But other than offering some increased financial rewards for schools that perform the best on the field, called the success initiative, that concept went nowhere with the conference. Which led to Florida State filing its lawsuit, and Clemson filing its own earlier this year.
“I think our ultimate goal is to get paid for what we’re worth,” Collins said, when asked about the end goal of Florida State’s lawsuit. “And I’ll leave it at that.”
'We are woefully underpaid' ... Trustees Chair Peter Collins discusses FSU's battle with ACC
Peter Collins, Chairman of Florida State's Board of Trustees, spoke about the Seminoles' legal battle with the ACC on Mondaywww.on3.com
Might as well add Wake Forest, BC etc to the list along with Northwestern, Indiana…and on.The ADs at Miss. St. and Vanderbilt must be thrilled with that sentiment.
Might as well add Wake Forest, BC etc to the list along with Northwestern, Indiana…and on.
Lol, no FSU's beef with the ACC is that having gotten the benefits of the ACC TV deal when the money was good and the links of contract considered an asset, they now want to get out of the deal because others have done better. That's not how contracts work. It's not let's make this agreement and I'll only stick around for the portions that favor me and not for the portions that do not.'We are woefully underpaid' ... Trustees Chair Peter Collins discusses FSU's battle with ACC
“At the end of the day, we are worth more than we are getting paid — a lot more than we are getting paid,” Collins said. “And I would challenge anybody to tell me that we’re not. To tell me that we’re worth the same amount as some of the other schools in the conference, from a media standpoint.”
To some degree, that is the essence of Florida State’s issue with the conference.
Because many schools in the ACC do not produce strong TV ratings no matter how well their teams perform on the field, the conference’s television revenue soon will be dwarfed by the hauls of the SEC and Big Ten. The annual disparity is estimated to be at least $30 million to $40 million per school.
With that in mind, Collins said, Florida State officials repeatedly asked the ACC’s leadership to consider unequal revenue sharing, which might reward and appease the likes of FSU, Clemson and other top brands, while reducing the annual payouts to schools that don’t generate as much interest.
But other than offering some increased financial rewards for schools that perform the best on the field, called the success initiative, that concept went nowhere with the conference. Which led to Florida State filing its lawsuit, and Clemson filing its own earlier this year.
“I think our ultimate goal is to get paid for what we’re worth,” Collins said, when asked about the end goal of Florida State’s lawsuit. “And I’ll leave it at that.”
'We are woefully underpaid' ... Trustees Chair Peter Collins discusses FSU's battle with ACC
Peter Collins, Chairman of Florida State's Board of Trustees, spoke about the Seminoles' legal battle with the ACC on Mondaywww.on3.com
Of course, only the naive will compare SEC teams making nearly double ACC teams. The problem with the ACC is that 2 teams account for 30 percent of the ACC revenue.
As UConn made a decision to protect their number one sport, Clemson and FSU are attempting to do the same.
The problem that was foreseen was competing in a new costly environment with a lot less funding. With players being bought, bid on in the portal, paid as near employees…programs will get relegated by the P2 to “near beer” status.
Even up to this point the terms haven't favored FSU. They've still carried lesser programs on their coattails. So much has changed in terms of revenue and costs and no one could have predicted programs like Rutgers would would make multiple times programs like FSU. From a market value perspective, FSU is stuck in a horrible deal. I think they'll get out of it somehow.Lol, no FSU's beef with the ACC is that having gotten the benefits of the ACC TV deal when the money was good and the links of contract considered an asset, they now want to get out of the deal because others have done better. That's not how contracts work. It's not let's make this agreement and I'll only stick around for the portions that favor me and not for the portions that do not.
Wins and losses aren't that important in conference realignment. Fanbases and TV ratings are most important.Look at FSU 2017-2021
Florida State Seminoles College Football History, Stats, Records | College Football at Sports-Reference.com
Check out the Florida State Seminoles College Football History, Stats, Records, Polls, Bowls and More College Football Stats at Sports-Reference.comwww.sports-reference.com
Wake Forest same period
Wake Forest Demon Deacons College Football History, Stats, Records | College Football at Sports-Reference.com
Check out the Wake Forest Demon Deacons College Football History, Stats, Records, Polls, Bowls and More College Football Stats at Sports-Reference.comwww.sports-reference.com
Looks like Wake was carrying them during this period and is owed some money
I realize that. It was sarcasm. I suspect if they move to a real conference, we will never hear from them again which I am okay withWins and losses aren't that important in conference realignment. Fanbases and TV ratings are most important.