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These are absolutely key tweets. At this point it seems that UNC is following in FSU/Clemson trail. They basically admitted what we already all know - adding Calford and SMU was a joke done just to keep the conference afloat in case of collapse.Multiple members of the BoT going on record saying the ACC is lagging in revenue, they blame the commissioner and want to actively explore other options? I'd call that "Key Tweets".
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.
"Carolina's ability to maintain excellence at a high level is going to require really prudent budgeting and revenue models and potential cost cutting," Boliek said. "A lot of it is due to the revenue or lack there of of revenue that we're not receiving from the ACC deal."
The ACC distributes about $40 million per school to its member institutions. But the SEC and Big Ten are projected to distribute up to $70 million in coming years due to growing media rights agreements. The two leagues will receive more money than the ACC each year of the new College Football Playoff.
"It's not something you can chance with the snap of a finger," Boliek said. "It's something we've got to be cognizant of. We can't sit back and cross our fingers and pray for pennies from heaven and thinking everything is going to 'work out.' We have to actively pursue what's in the best interests of Carolina athletics."
Florida State and Clemson have sued the ACC seeking to lessen their fees and penalties for leaving the league.
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."
Preyer told WRAL in March that the ACC was failing its top schools, including North Carolina.
"The conference is not acting as if it is representing the best interests of the member schools including the top tier of those schools - Clemson, Florida State, North Carolina," Preyer said.
"Instead, it is acting at the expense of those schools to prop up the bottom tier of the conference in a way that I think is a gross abdication of responsibility. And I lay that at the feet of the commissioner."