"In his regular Friday appearance on the Bill King Show, Pete Cordelli revealed his sources are telling him that the ACC is seriously considering the firing of low-revenue programs that are a financial drag on the league in order to free up much-needed cash currently going to those programs. Instead, that newfound revenue would be diverted to ACC power brands such as Florida State, Clemson, North Carolina, and Miami."
Here is the radio show. Peter Cordelli said that his sources are saying that the ACC is going to reconfigure the conference by dumping schools and going to ESPN for a better TV contract. A few of the schools that he mentioned being dumped are Wake Forest, Syracuse, and Duke.
Peter Cordelli's source appears to be one of the UNC Board of Trustees.
"Trustee Dave Boliek, a former chairman, said after the meeting there was an "imbalance in the budget" that required shifting dollars from other fund balances to cover the cost of athletics. He said the board hasn't been given a strategy on how UNC will move forward.
Boliek said he wants UNC to join a higher-revenue league.
"I am advocating for that," he said. "That's what we need to do. We need to do everything we can to get there. Or the alternative is the ACC is going to have to reconstruct itself. I think all options are on the table."
UNC trustees critical of Cunningham, to review athletic department amid budget concerns :: WRALSportsFan.com
The University of North Carolina-Chapel Hill Board of Trustees also set a $134.9 million budget for the 2024-25 school year.
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