ACC expansion will mean at least $1 million to $2 million a year in additional revenue for each of the conference’s existing schools, according to sources privy to discussions between the league and ESPN.
The addition of Pittsburgh and Syracuse, which will increase the number of teams in the ACC to 14, allowed the league to reopen its current 12-year, $1.86 billion media rights deal with ESPN. Those terms provide each of the 12 existing schools with an average of $13 million a year over the life of the deal.
Under the new terms that are being negotiated, each of the ACC's 14 schools can expect at least $14 million to $15 million a year, sources said, depending on how negotiations between the conference and ESPN conclude.
ACC schools are still banking less than those in the Pac-12 ($21M), Big Ten ($21M), SEC ($17M), and are on par with the Big 12 ($17M). The SEC will get to renegotiate its deals since Mizzou and Texas A&M joined the conference.