How important is it for Pitt and the other Atlantic Coast Conference members that the ACC Network debuts in August?
Let’s just say that the ACC has tens of millions reasons per team.
Last week, the Big Ten announced almost $759 million in revenue during its 2018 fiscal year. The revenue surplus was driven by new TV agreements that started at the beginning of the 2017-18 school year.
The Big Ten announced a massive six-year, $2.64 billion deal with ESPN and Fox Sports in June, 2017.
The 12 longest-standing Big Ten teams, all but Rutgers and Maryland, were paid roughly $54 million for the 2018 fiscal year, while the Rutgers and Maryland, who are still in their probationary periods, received less.
The Big Ten’s new basic per-school share means that the 12 longest-standing programs received more money from one revenue source than the vast majority of Division I athletic departments had in total.
It has been reported that more than 170 of the 213 public-school athletic programs outside of the Big Ten reported less than $54 million in operating revenue for fiscal 2017.
This comes after the Southeastern Conference (SEC) announced that 13 of its member institutions received $43.7 million for the 2018 fiscal year.
The 10-team Big 12 reported revenue of $374 million in revenue in 2018, while the Pac-12 saw its revenue fall by $12 million during the same year. The loss for the Pac-12 was because the conference could not make up for the lost Rose Bowl revenue from when the game hosted a College Football Playoff semifinal after the 2017 season.
Payouts did rise in the Pac-12 to $31.3 million per institution, however, that amount is only about 60 percent of what the Big Ten teams were paid.
With the ACC Network launching in less that 100 days, the athletic departments in the conference must be chomping at the bit to get in on the TV revenue.
NFL Network airing college games
It was announced Monday that the NFL Network will air 10 Conference USA games in each of the next four seasons.
This is huge for Conference USA teams as it provides them visibility on the channel which all players want associated with their names: an N, an F and an L.
With the Power 5 conferences soaking up most of the prime time slots for games every Saturday, this deal will help the C-USA teams with recruiting and it is a safe bet that teams will try to sell potential recruits on the fact that they can play on the NFL Network.
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