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ACC revenue slips, conference pinning hopes on new network

There is a reason why the Atlantic Coast Conference is launching its own network in 2019. According to a report from The Daily Press’ David Teel the conference’s total revenue for 2015-’16 was down 7.4 percent from the previous year.

Teel reported the ACC’s revenue was $373.4 million, down from the $403.1 million it reported to the IRS the year before.

Though his story gives reasons for the decrease, it also shows the league’s average distribution to its 14 full-members fell 10.1 percent from $26.2 million to $23.8 million per school in 2015-‘16.