ACC teams averaged a 16.9 million payout in 2011-12 - SCACCHoops.com

ACC teams averaged a 16.9 million payout in 2011-12

by WebMaster

Posted: 5/29/2013 6:25:14 AM


According to an article in the Greensboro News & Record, ACC schools split 203 million dollars in 2011-12.  The twelve schools averaged 16.9 million dollars per school which was up 38% from the previous year.

As a whole, the ACC reported $223.5 million in revenue in 2011-12 and $223.8 million in expenses, for a net loss of $303,295.

But it ended the year with $24.5 million in net assets.

The conference's biggest revenue generators were football television deals ($130.5 million), bowl games ($43.8 million), the NCAA men's basketball tournament ($17.7 million), the NCAA Grants-in-Aid Fund ($9.4 million) and the ACC basketball tournament ($5.1 million).

The ACC paid commissioner John Swofford $1.67 million during the 2011-12 year, a 14.1-percent increase from the $1.46 million he earned during the 2010-11 year.

Read the full article here

ACC payout by school in 2011-12 (% increase over 2010-11)

Clemson:$18.6 million (50.0)

Virginia Tech:$18.5 million (31.7)

Virginia:$17.4 million (55.5)

North Carolina:$17.3 million (38.6)

Wake Forest:$17.0 million (54.1)

N.C. State:$17.0 million (34.9)

Georgia Tech:$16.9 million (37.9)

Florida State:$16.9 million (28.8)

Maryland:$16.0 million (30.0)

Duke:$15.9 million (41.3)

Boston College:$15.8 million (27.1)

Miami:$15.7 million (29.0)


Categories: Basketball, Football

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