Key tweets, and it's all gone to Hell.

[TerryD]

Hmmm just as rumors of Notre Dame joining the conference surface? Interesting.

ND already gets a full, equal share of ACC Network profits, the same amount as the other 14 schools.

It doesn't have to join for football to get this money.

 

[CL82]

ND already gets a full, equal share of ACC Network profits, the same amount as the other 14 schools.

It doesn't have to join for football to get this money.

I believe they get a partial share:

 

[Eavesdrop]

I believe they get a partial share:

View attachment 71505

Notre Dame receives 20% of one full share of the ACC's guaranteed rights fees. This is the bulk of the money that the conference distributes. The ACC and Notre Dame agreed to this split because about 80% of conference revenue comes from football.

Notre Dame does receive a full share of ACC Network money. This nets a couple to a few million extra for Notre Dame while the other 14 members receive a few hundred thousand less (than if the Irish received 20% of this too).

In sum, Notre Dame receives about 25% of what other members are paid by the conference.

 

[WestHartHusk]

Notre Dame receives 20% of one full share of the ACC's guaranteed rights fees. This is the bulk of the money that the conference distributes. The ACC and Notre Dame agreed to this split because about 80% of conference revenue comes from football.

Notre Dame does receive a full share of ACC Network money. This nets a couple to a few million extra for Notre Dame while the other 14 members receive a few hundred thousand less (than if the Irish received 20% of this too).

In sum, Notre Dame receives about 25% of what other members are paid by the conference.

That is not how math works, unless you think ND basketball is worth $0.

 

[Eavesdrop]

That is not how math works, unless you think ND basketball is worth $0.

My comments aren't what I think. They are relaying what I read back in the day. About 25% of a full member's overall distribution share was a commonly cited estimate. (See old articles from David Teel and other ACC beat writers.)

I just looked up reporting on the the latest actual financials. Notre Dame actually did better than 25% in the most recently reported year (FY 2019-20). The 14 ACC full members received an average of $32.3 million (that includes ACC Network money). Notre Dame received $10.8 million from the conference (including ACC Network money).

10.8 divided by 32.3 = 33%

Notre Dame merits its full share of ACC Network revenue

Notre Dame and the ACC announced their limited partnership in September 2012. Since, the Fighting Irish have: Reached back-to-back NCAA men’s basketball tournament Elite Eights for the first …

www.dailypress.com

ACC sees record revenue distribution in 2019-20

The ACC distributed a record $497.2 million for the 2019-20 financial year, the highest gross revenue ever reported for the league, according to tax documents released Friday.

www.espn.com

 

[WestHartHusk]

My comments aren't what I think. They are relaying what I read back in the day. About 25% of a full member's overall distribution share was a commonly cited estimate. (See old articles from David Teel and other ACC beat writers.)

I just looked up reporting on the the latest actual financials. Notre Dame actually did better than 25% in the most recently reported year (FY 2019-20). The 14 ACC full members received an average of $32.3 million (that includes ACC Network money). Notre Dame received $10.8 million from the conference (including ACC Network money).

10.8 divided by 32.3 = 33%

Notre Dame merits its full share of ACC Network revenue

Notre Dame and the ACC announced their limited partnership in September 2012. Since, the Fighting Irish have: Reached back-to-back NCAA men’s basketball tournament Elite Eights for the first …

www.dailypress.com

ACC sees record revenue distribution in 2019-20

The ACC distributed a record $497.2 million for the 2019-20 financial year, the highest gross revenue ever reported for the league, according to tax documents released Friday.

www.espn.com

The main takeaway is, as I noted, in the the opening portion ("Absent Notre Dame, there might not well be an ACC Network. Its name was a driving force in ESPN exploring the project, a development that quickly led to the conference's 2013 grant of media rights, which bound members to the league through 2027") and closing portion ("Trust me, having the Irish in the league, and locked in by a grant of media rights through 2035-36, is worth a heck of a lot more to their ACC colleagues than $460,000 apiece, let alone $290,000"). The stupid hypothetical math exercise is irrelevant as the premise of the article is that ND, at a minimum, is carrying its weight and nobody is giving them anything.

 

[Eavesdrop]

The main takeaway is, as I noted, in the the opening portion ("Absent Notre Dame, there might not well be an ACC Network. Its name was a driving force in ESPN exploring the project, a development that quickly led to the conference's 2013 grant of media rights, which bound members to the league through 2027") and closing portion ("Trust me, having the Irish in the league, and locked in by a grant of media rights through 2035-36, is worth a heck of a lot more to their ACC colleagues than $460,000 apiece, let alone $290,000"). The stupid hypothetical math exercise is irrelevant as the premise of the article is that ND, at a minimum, is carrying its weight and nobody is giving them anything.

I believe Notre Dame brings far more money/value into the ACC than they extract from it. So if that's your point, we agree. But that has little to do with my previous posts, which discussed the mechanics of how money is divided and distributed.

Several reporters (not just David Teel) cited an estimate of about 25% as Notre Dame expected portion of a typical share after the launch of ACCN. The percentage of the average full share that Notre Dame actually received during the last reported fiscal year (year one of ACCN) was 33%.

 

[CL82]

My comments aren't what I think. They are relaying what I read back in the day. About 25% of a full member's overall distribution share was a commonly cited estimate. (See old articles from David Teel and other ACC beat writers.)

I just looked up reporting on the the latest actual financials. Notre Dame actually did better than 25% in the most recently reported year (FY 2019-20). The 14 ACC full members received an average of $32.3 million (that includes ACC Network money). Notre Dame received $10.8 million from the conference (including ACC Network money).

10.8 divided by 32.3 = 33%

Notre Dame merits its full share of ACC Network revenue

Notre Dame and the ACC announced their limited partnership in September 2012. Since, the Fighting Irish have: Reached back-to-back NCAA men’s basketball tournament Elite Eights for the first …

www.dailypress.com

ACC sees record revenue distribution in 2019-20

The ACC distributed a record $497.2 million for the 2019-20 financial year, the highest gross revenue ever reported for the league, according to tax documents released Friday.

www.espn.com

From the first article you cited:

The conference distributed $373,162,899 to its 15 schools, about 55 percent of which came from television rights fees. So Notre Dame received $6.2 million, less than one-fourth of the $26.21 million the league's other members pocketed, on average.

From the second article

I suspect that 10.8 million distribution includes both their share of ACC media money in college playoff money. Go back and take a look at the quote from the article I posted

 

[Ha Who]

Fishy, this thread is out of control

 

[gioff2323]

 

[CAtlantic]

 

[CAtlantic]

 

[RioDog]

Too bad. That will signal the end of my interest college athletics, because it will no longer be college athletics. Just another money-tainted cesspool that caters to the LCD.

Edit: Not that it isn't already. Just beyond my ability to pretend that it isn't.

 

[billybud]

Whoops...ever since I was a 12 year old in Pensacola, I've wanted pro teams in the southeast...the nearest were St. Louis and DC...So we cheered for Bama, Auburn, etc.

Fans of the NFL proliferate in the northern tier...now I can cheer for college pro teams..

 

[Kolumbo]

It's a shame but when you watch teams like Alabaman that is really what they haves become, minor league pro teams. It's hypocritical to think they are all purely student athletes. Slap the Alabama brand on a semi-pro team and take it out of the NCAA while we're at it.

 

[Exit 4]

I don’t think the employee model will take hold so easily. But it could in a breakaway P4 type set up. If it does take hold, that is the true beginning of the split. And you might as well end the academic requirements- what’s the point.

 

[CAtlantic]

 

[Vowelguy]

If the BiG is in favor, how does this not pass? Only objection would be from SEC.

 

[CL82]

Well given that you never had your “student athletes” actually attend classes anyway, why would you?

 

[Slasher]

If the BiG is in favor, how does this not pass? Only objection would be from SEC.

Because the Big 12, SEC, and Group of 5 want the top 6 rated champs regardless of conference.

 

[Vowelguy]

Because the Big 12, SEC, and Group of 5 want the top 6 rated champs regardless of conference.

Right I forgot about the G5 (lol).
Why would the B12 not want a guaranteed slot for each P5? If it goes to the top 6, I'm not sure bxii 2.0 will always be in that top 6.

 

[Slasher]

Right I forgot about the G5 (lol).
Why would the B12 not want a guaranteed slot for each P5? If it goes to the top 6, I'm not sure bxii 2.0 will always be in that top 6.

According to Bob, it's because it's the right thing for the sport even if it gives away an advantage for the big 12.

 

[UCHuskies08]

I guess I just don't understand how the vast majority of athletic departments around the country can even think about paying athletes like that. Ours included. Most athletic departments are not profitable entities. Paying the athletes is also completely demolishing the college sports model of having such a wide range of scholarship options open.

 

[Vowelguy]

I guess I just don't understand how the vast majority of athletic departments around the country can even think about paying athletes like that. Ours included. Most athletic departments are not profitable entities. Paying the athletes is also completely demolishing the college sports model of having such a wide range of scholarship options open.

The athletic departments arent paying the 50k. It's a group of boosters forming a shell company/charity to pay the players.

 

[ScottVib]

Right I forgot about the G5 (lol).
Why would the B12 not want a guaranteed slot for each P5? If it goes to the top 6, I'm not sure bxii 2.0 will always be in that top 6.

I think they're concerned that the wording of the autobid (P5) conferences will start to look like the wording that was designed to evaluate the Big East's status as an AQ conference in the old BCS, meaning they'd risk falling out of the guaranteed bids and be stuck in a P4+1 situation. Top 6 conference champions means they have a 6 in 11 (and in reality higher, as ultimately C-USA & the MAC are unlikely to be close most years) of getting in every year, regardless of how things shake out after realignment.