"John Swofford's work to solidify the ACC pays off with TV network": ESPN

Iceland12

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On the opening day of ACC Kickoff on Thursday, Swofford and ESPN announced a long-awaited deal with ESPN for an ACC linear and digital network, along with a grant of rights extension through 2036 -- essentially stabilizing and securing the conference for the foreseeable future...

If Florida State or any other team considered leaving over the next 20 years, it would have to pay the ACC a $50 million exit fee plus leave behind its television rights until the grant of rights expires. That's a whole lot of cash to leave on the table to join a league that looks the most unstable and most unsecure among the Power 5 conferences.

The future ACC Network, years in the making, finally puts the ACC on par with the SEC, Big Ten and Pac-12, which all have their own networks. Having more television exposure is nice, but this is about the money a television network brings in -- money the ACC hopes will allow for even more substantial upgrades to its football product.


http://espn.go.com/college-football...ford-solidifies-conference-future-acc-network
 

Wow, it is a testament to how weak the ACC is when they need such penalties to keep schools from leaving.


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