Anyone looking to pluck an ACC team for its conference expansion just hit a big snag. The conference that has been on shaky ground the past few years took a huge step in its stability today by announcing a signed grant of media rights from all 15 current and future members.
This agreement means that any school that leaves the ACC to join another conference will still have to pay the ACC all of its media rights for the next 14 years. Translation: No school is going to leave the ACC for another conference under this agreement.
This deal does not impact the legal proceedings between the ACC and Maryland. A court will determine if the Terps are on the hook for the buyout, but they will not be subject to lose their media rights.
Here is the official release from the ACC:
The Atlantic Coast Conference Council of Presidents announced today that each of the current and future 15-member institutions has signed a grant of media rights, effective immediately.
“This announcement further highlights the continued solidarity and commitment by our member institutions,” said ACC Commissioner John Swofford. “The Council of Presidents has shown tremendous leadership in insuring the ACC is extremely well positioned with unlimited potential.”
“The ACC has long been a leader in intercollegiate athletics, both academically and athletically,” said the collective ACC Council of Presidents. “Collectively, we all agree the grant of rights further positions the ACC and its current and future member schools as one of the nation’s premier conferences.”
The ACC’s current and future 15-member institutions include:
- Boston College
- Clemson University
- Duke University
- Florida State University
- Georgia Institute of Technology
- University of Louisville
- University of Miami
- University of North Carolina
- North Carolina State University
- University of Notre Dame
- University of Pittsburgh
- Syracuse University
- University of Virginia
- Virginia Polytechnic Institute & State University
- Wake Forest University
About the Atlantic Coast Conference:
The Atlantic Coast Conference, now in its 60th year of competition, has long enjoyed the reputation as one of the strongest and most competitive intercollegiate conferences in the nation. Since the league’s inception in 1953, ACC schools have captured 127 national championships, including 67 in women’s competition and 60 in men’s. In addition, NCAA individual titles have gone to ACC student-athletes 146 times in men’s competition and 102 times in women’s action. For more information, visit theACC.com.