The ACC had a large increase in revenue in 2015 and it has a former member to thank for it.
According to USA Today, the conference made $100 million more than it did in the 2014 fiscal year. 30 percent of that money was from the exit fee the conference negotiated with Maryland, which is now a member of the Big Ten.
The return — provided Friday in response to a request by USA TODAY Sports — shows the ACC had $403.1 million in total revenue during a fiscal year ending June 30, 2015. That figure that represents a nearly $100 million increase over what the conference reported receiving during its 2014 fiscal year, although $31.4 million came from the settlement with Maryland, which departed for the Big Ten Conference.
Read More »from Report: Maryland helps ACC revenues increase sharply from 2014
In 2014 — the ACC’s first fiscal year with Pittsburgh, Syracuse and Notre Dame — the conference’s reported a nearly $70 million revenue increase to $302.3 million, not including another $11 million that the conference used to reimburse schools for their expenses related to