Apr 22, 2013, 1:47 PM EDT
The ACC has reportedly agreed to a 15-team grant of media rights deal that will extend through the 2026-2027 season. The news was first reported by David Glenn but has since been confirmed by multiple outlets.
If this report turns out to be true and this agreement is signed by the schools in the ACC, it could end major conference realignment for quite some time.
For those that don’t know, a grant of media rights is a simple concept: it’s an agreement that grants the rights to the television broadcasts for the school to the conference for a certain period of time. What that means is that if North Carolina, for example, were to leave the ACC after this agreement was signed, all of the money that they would stand to receive from TV contracts would go back to the ACC until 2027. Seeing as the entire reason behind conference realignment was the result of the differences in revenue generated by TV contracts, a grant of media rights contract is the best way to lock a team into a league.
Look at it like this: the grant of media rights deal last for 14 more years. At an average of, let’s say, $20 million a year generated in TV revenue, leaving the ACC this summer would cost a school $280 million. That ain’t happening.
Remember when the Big 12 was dropped to 10 teams and everyone thought the conference was getting ready to implode? They signed a grant of media rights deal. They are doing just fine.
The ACC was the league that everyone expected would be the next to get raided. Depending on where you looked, you could find everyone from Florida State and Georgia Tech, to Clemson and Virginia, and even UNC getting tied up in ‘they are going to be leaving the ACC’ rumors. If the Big Ten wanted to expand, grabbing the North Carolina and Atlanta TV markets wasn’t a bad way to go about doing it.
But that looks like it is about to end.
So with the ACC and the Big 12 locked into a grant of media rights deal and with the Pac-12, Big Ten and SEC making money hand over fist with their TV networks, it looks like major conference realignment may be coming to a halt.
This is good news for everyone … except Cincinnati, South Florida and UConn.
Looks like they’re going to be stuck in the AAC for quite some time.
You can find Rob on twitter @RobDauster.
Apr 19, 2014, 2:39 PM EDT
Michigan had some open scholarships following the 2014 NBA Draft departures of Nik Stauskas and Glenn Robinson III and they filled one of those on Saturday with a commitment from senior guard Muhammad Ali Abdur-Rahkman.
Apr 19, 2014, 1:25 PM EDT
Gonzaga will have a very tough non-conference slate during the 2014-15 season.
Apr 19, 2014, 12:10 PM EDT
Two-and-through sounds more and more likely to happen.
Apr 19, 2014, 10:30 AM EDT
Former Marquette commits Ahmed Hill and Satchel Pierce are following former Golden Eagles coach Buzz Williams to Virginia Tech as the duo committed to the Hokies on Saturday morning.
POSTERIZED: SMU commit Emmanuel Mudiay flushes a ridiculous alley-oop during Jordan Brand Classic (VIDEO)
Apr 19, 2014, 10:03 AM EDT
SMU commit Emmanuel Mudiay put down the best dunk at the Jordan Brand Classic.
Apr 18, 2014, 11:20 PM EDT
Northern Illinois extended the contract of head coach Mark Montgomery through the 2017-18 season.
Chicago duo Jahlil Okafor, Cliff Alexander earn MVP honors as East beats West in Jordan Brand Classic
Apr 18, 2014, 9:39 PM EDT
Chicago natives Jahlil Okafor and Cliff Alexander earned MVP honors as the East beat the West in the Jordan Brand Classic.
Apr 18, 2014, 8:40 PM EDT
Houston is allowing Danuel House and TaShawn Thomas to transfer, but only to certain programs.
Apr 18, 2014, 7:31 PM EDT
Indiana grabbed a commitment from a 2014 center on Friday night.
Apr 18, 2014, 6:59 PM EDT
Miami forward James Kelly is moving on.
Apr 18, 2014, 5:45 PM EDT
It was a busy day for the Butler Bulldogs on Friday as freshman guard Elijah Brown intends to transfer while former Indiana wing Austin Etherington will transfer to the Big East program.
Apr 18, 2014, 5:05 PM EDT
Ole Miss picked up a big graduate transfer on Friday when former Tennessee State forward M.J. Rhett signed with the Rebels.
Apr 18, 2014, 4:44 PM EDT
St. John’s received some big news this week as sophomore center Chris Obekpa decided to stay in New York.
Apr 18, 2014, 4:26 PM EDT
Kentucky freshman forward Marcus Lee will return to Lexington for his sophomore season.
Apr 18, 2014, 4:03 PM EDT
After leading Georgia State to 25 wins and a Sun Belt regular season title, Ron Hunter has been rewarded with a contract extension.
Apr 18, 2014, 3:46 PM EDT
With Steve Wojciechowski accepting the head coaching position at Marquette, Duke’s Mike Krzyzewski announced how he would account for that departure Friday.
Apr 18, 2014, 2:49 PM EDT
Tulsa has officially hired Frank Haith to be its new basketball coach.
Apr 18, 2014, 1:39 PM EDT
Arizona State announced Friday that guard Shaquielle McKissic has been granted an extra season of eligibility by the NCAA.
Apr 18, 2014, 1:03 PM EDT
Duke’s Rodney Hood made the news official Friday, announcing that he’ll be entering the 2014 NBA Draft.
Apr 18, 2014, 12:48 PM EDT
Family and friends of Lacey Holsworth gathered at the Breslin Center to celebrate her life on Thursday.
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