Atlantic Coast Conference Discussing New Revenue-Sharing Model
Atlantic Coast Conference leaders are in talks about a new way to distribute media rights revenue that could potentially resolve legal disputes with Florida State and Clemson, according to sources familiar with the discussions.
The discussions are an extension of a mediation session ordered by a Florida judge overseeing the lawsuit filed by FSU’s board of trustees against the ACC in December. While there is no fully formed proposal and a resolution is not imminent, changes are being considered to the revenue-sharing model that could reward schools based on their value to television partners rather than on-field accomplishments.
Florida State and Clemson have both taken legal action against the ACC, challenging the validity of their contracts with the conference. While these lawsuits could take years to resolve, remaining in the ACC under new financial terms may still be the best option for both schools. The ACC is locked into a television contract with ESPN through 2036, leaving schools like Florida State concerned about falling behind their competitors in other conferences.
ACC Commissioner Jim Phillips has stated that the conference is prepared to fight to uphold its agreements, emphasizing the importance of honoring commitments made by member institutions.
With the landscape of college athletics constantly evolving, the ACC’s efforts to find a mutually agreeable solution to revenue sharing could have lasting implications for the conference and its member schools.
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