Wednesday, May 29, 2019
UNC, ACC leadership, and football expenses
So here is the list of football expenses for the ACC:
FSU $57,732,569
Clemson $46,302,285
Miami $37,268,190
VT $27,864,229
Pitt $27,141,760
UL $26,858,473
Duke $26,200,992
GT $25,096,298
SU $24,994,763
BC $23,477,213
UVA $22,552,489
NCSU $21,321,620
UNC $21,068,434
WFU $19,360,660
Note that the school that runs the ACC, UNC, is 2nd to last in football expenses. Also note, UNC has the 2nd or 3rd largest athletic endowment in the nation.
Given that 80-90% of revenue come from football.....this illustrates one of the massive issues facing the ACC as it is dead last in conference revenue and trailing leaders but $20 Million plus per team per year.
The ACC just doesn't seem to want to learn. Or worse, it doesn't care. This tied with the revenue gap, does not bode well for the future of the ACC.
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IMO, the problem with the ACC all along is that the wrong schools have been taking the lead. No way should UNC and UVA be in charge of anything! Going forward the best thing for the ACC would probably be if a coalition of football-first schools take over... FSU + Miami + GT + Clemson + VT + BC should be sufficient (and get Pitt + Syracuse + Louisville to side with them). Getting Wake to go along should also be easy, and Duke is actually coming around... but NC State is so under the thumb of UNC that I just don't know... but it doesn't have to be unanimous.
ReplyDeleteGood points.
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