The ACC Board of Directors approved a new revenue distribution model and reduced exit fees for member institutions wishing to leave the conference before 2036. This decision resolves legal disputes involving Florida State and Clemson, with ACC Commissioner Jim Phillips emphasizing the significance of the agreement. The new structure reflects the conference's commitment to innovation and aligning financial incentives with competition and viewership. Both Florida State and Clemson's boards quickly endorsed the settlement, reinforcing the unity of the ACC and its partnership with ESPN for future success in intercollegiate athletics.
Today's resolution begins the next chapter of this storied league and further solidifies the ACC as a premier conference... demonstrating the ACC embracing innovation and further incentivizing our membership based on competition and viewership results.
...the settlements, coupled with the ACC's continued partnership with ESPN, allow us to focus on our collective future - including Clemson and Florida State - united in an 18-member conference demonstrating the best in intercollegiate athletics.
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