ACC becomes latest super conference, expanding cross-country by adding Stanford, Cal and SMU
Associated PressThe AP Top 25 college football poll is back every week throughout the season! “Joining the ACC will ensure the Power Conference competitive infrastructure and long-term media revenues that are critical for our student-athletes to compete.” For the ACC, adding three schools will increase media rights revenue from its long-term deal with ESPN and allow the conference to spread much of that new money to existing members. Cal and Stanford will receive a partial share of ACC Tier 1 media revenue — estimated at about $25 million annually — for the next nine years before getting a full payment in the final three years of the conference’s deal with ESPN, according to a person familiar with the terms. Another person with direct knowledge of SMU’s decision said the Dallas school currently in the American Athletic Conference will forgo all ACC media rights distribution for nine years. All three schools will immediately get full revenue shares from the ACC Network, the College Football Playoff, bowl games and NCAA men’s basketball tournament units.