News broke on Monday that Clemson and Florida State were settling their lawsuits with the ACC after the conference committed to a new revenue-sharing strategy among its member schools.
The lawsuits, which were tied to conference realignment, led to the ACC revisiting their revenue-distribution strategy. The new revenue distribution model is based on a five-year rolling average of television ratings. It will be funded through a split in television revenue, with 40% distributed among the longstanding 14 members of the conference (excluding Stanford, Cal, and SMU). The remainder will go towards a brand initiative that is based on ratings. Top schools, like Clemson and Florida State, are expected to receive up to $15 million more per year in revenue.
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