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ACC generates record revenue in 2020-21 fiscal year
The conference, which had its schools schedule 11 football games during the COVID-19-impacted 2020 season, did not suffer the same kind of pandemic-induced financial hits that other conferences experienced during that time period.
theathletic.com
The ACC generated more than $578 million in revenue for the 2020-21 fiscal year, a conference record and an increase of more than $80 million from the previous year, federal tax documents show. The conference, which had its schools schedule 11 football games during the COVID-19-impacted 2020 season, did not suffer the same kind of pandemic-induced financial hits that other conferences experienced during that time period, according to the league’s Form 990, which was obtained by The Athletic.
Schools received an average distribution of $36.1 million per institution, according to the conference, which is a 16 percent increase from the previous year.
Notre Dame, which was a full member of the ACC in football in 2020 and shared its home game rights on NBC with the rest of the conference, was paid an equal share of $34,889,808 from the conference. This was an increase from the $10.8 million that the Fighting Irish received in 2019-20, when they were not a full member in football.