The records request, which The News & Observer filed in February, sought emails and other documents between November 2012 and February 2013. During one exchange, Cunningham expressed concern about the ACC’s ability to compete financially with other conferences.
Joe Frierson, a financial adviser from Athens, Ga., and a former UNC tennis player and assistant tennis coach, wrote Cunningham on Dec. 7, 2012, about a lunch meeting Frierson had with an SEC athletic director.
“He said the SEC pays out around $20 (million per) team right now,” Frierson wrote. “Thinks it will approach $35 (million per team) when TV contract is renegotiated in a couple of years.
“He said the SEC just signed a contract for the Sugar Bowl (between teams from the SEC and Big 12) for 2015 that will pay $40 (million) to each conference. … That is ridiculous money.”
Cunningham’s response was short and direct: “It really concerns me. If these trends continue I’m not sure how the ACC (can) compete financially.”
Clemson Athletic Director: 80% Of ACC's Revenue From New Contract w/ ESPN Is Football
"Wow! I knew it was high, but, not that high. Swofford also said something similar last week: "Swofford estimated that football drives 70-80 percent of rights fees""
New 15-year ESPN contract increases ACC media revenue by 30 percent
"Swofford estimated that football drives 70-80 percent of rights fees and acknowledged that more national success in that sport would have meant additional revenue."
Q&A with Clemson AD
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