Notre Dame Collects $5.8 Million From ACC Deal
The Notre Dame athletic department will collect $5.8 million from the ACC according a story released yesterday.
According to the report, the ACC generated over $410 million in revenue for 2017 — a 12% increase from the previous year. The average amount paid to each program for the year was $26.6 million, which was roughly a 10.5-percent increase from the previous year’s total.
The payoff for the Irish is substantially less due to its “part time” status as an ACC member. While being a full time member in basketball (and most other sports), Notre Dame is only required to play five ACC games in football. The other 14 teams in the conference play 8. This allows the Irish to schedule games against teams like Michigan and USC — for huge television dollars — as Notre Dame is still one of the biggest college football draws in the country.
Aside from its ACC money, Notre Dame also has a television deal with NBC that runs through 2025 and pays $15 million annually — a deal that has been in place since 1991. Notre Dame is also not obligated to share any payouts from bowl appearances that other ACC schools are obligated to share.
You can expect the money to continue to grow as well. The long anticipated ACC Network is scheduled to launch in August of 2019 and ad revenue will most likely be huge. Next year will also mark the first time the conference goes to a 20 game conference slate in basketball, which will generate more ad revenue.
While the numbers for the ACC look somewhat gaudy, it pales in comparison to the SEC. In 2016 the average distribution to SEC schools was north of $40 million — 41-percent higher than the average ACC payout. For 2017, the SEC’s average payout increased by roughly $1 million per program.
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At the end of the day, you have to give the Notre Dame administration credit. They negotiated a hell of a deal with the ACC. The Irish receive stability for their basketball program while maintaining the ability to maximize the profitability of their football program and get paid for both.