Friday, December 7, 2012

ACC Revenue Numbers Don't Lie

Conference realignment burnout – are we there yet?

We may not be but it's a safe bet that FSU president Eric Barron is completely feed up with conference realignment.

Yesterday the ACC issued a statement, signed by the leaders of every ACC school, vouching for their love of the conference and assuring (each other) that they had not sought membership elsewhere.

The "pledge of allegiance" was Eric Barron's idea. I'm not one of Mr. Barron's confidants, he didn't consult me or ask my opinion, but it's clear to me that FSU has decided that if they can't be in the SEC then the best place for them is to stay at home in the ACC.

Barron is gambling that FSU's loyalty can keep the ACC whole. He must be so enamored with the ACC and FSU's subordinate relationship to UNC and Duke that he is willing to gamble that FSU's renewed commitment to the ACC will keep the Big 10 and SEC at bay.

Barron's gambit has an outside chance of succeeding. FSU has the brand name and history to land on its feet no matter what happens to the ACC. He knows the rest of the ACC would prefer for the conference to remain viable.

FSU can afford the risk, Barron has a Big 12 invitation in his pocket and he can wager FSU's football future because of it. FSU will not accept the Big 12 invitation until Barron is certain he has no other options and he is determined that FSU will not be the school that begins the mass exodus from the ACC.

Others in the ACC face uncertain times going forward. UNC and UVA can rest easy and make the same gamble as FSU, But Georgia Tech , Clemson, Virginia Tech, Miami and NC State are concerned.

Do they gamble on the ACC finding additional revenues or do the leave for more money and more football centric conferences.

Do they ride on the coattails of FSU and hope for increased revenues or do they leave for greener pastures when they have the chance.

A look at ACC revenues gives us insight into a major factor in their decision to stay or go.

Each year the U.S. Department of Education's Office of Postsecondary Education requires schools to report their revenues and the data isn't good for the ACC. A quick look at those numbers tells us that unless the ACC can quickly raise revenues the danger of more economic based defections is a real possibility.

SchoolTotal Athletic Revenue
Florida State$81.4 million
Virginia$81.3 million
North Carolina$78.8 million
Duke$78.6 million
Clemson$67.0 million
Boston College$66.2 million
N.C. State$65.5 million
Virginia Tech$64.8 million
Maryland$62.6 million
Miami$62.1 million
Georgia Tech$60.3 million
Wake Forest$48.8 million

Pay attention to the bottom half of that list and you will understand why Clemson, Boston College, NC State, Virginia Tech, Miami and Georgia Tech are all looking at other conferences and weighing  the pain of leaving the ACC against the sustainable raise they stand to gain.

Those numbers – and the real dollars they represent – are the reason why Barron's gambit will fail. Barron has a backup plan. He has a exit strategy. Boston College, Clemson and Miami face the very real possibility the may get left behind if they don't act soon.

As for the ACC's statement of solidarity – if FSU, or any other ACC school, were seriously committed to the ACC they would be signing a grant-of-rights instead of a pledge of allegiance.

I have confirmed that at least two ACC schools have offers from the Big 10. One of those schools is Georgia Tech and the other one is waiting on Georgia Tech's decision.

That's all for now.

5 comments:

  1. Huh...maybe the Big 12 should see about Clemson and NC State and maybe Miami and try to make FSU play its card of last resort.

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  2. UVA, NC State and Clemson would make a nice regional block with WVU

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  3. I would leave Miami alone i do not think that they will be in good shape in the future with the reduce of signification in athletics there. If i was the Big 12 I would go after Georgia Tech, Florida State, Clemson, and NC State. I would tell Georgia Tech that there is less travel cost in the Big 12 then the Big 10 because of the regional division they would be in and more net profit because of it. I would also add Louisville and Cincinnati because its a great rivalry and adds a bridge between Iowa State and West Virginia. The Big 10 should grab Virginia Tech and Noter Dame that's two more football kings from them. Then the SEC adds Virginia and North Carolina the oldest rivalry in the south.

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  4. I need to explain this to my grandmother. I know that they don't have the academic quality that the ACC looks for and they don't have the television connections. Any others?

    phlebotomy schools north-carolina

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  5. "As for the ACC's statement of solidarity – if FSU, or any other ACC school, were seriously committed to the ACC they would be signing a grant-of-rights instead of a pledge of allegiance."

    Done http://www.theacc.com/genrel/042213aaa.html

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