The ACC and ABC yesterday officially announced their seven-year, $258 million deal to broadcast the conference's football games, a deal that had essentially been in place since February. Next up: a new deal for basketball which will bring in slightly more money for each school.
Ken Haines, the CEO of Raycom, which has long syndicated ACC basketball broadcasts, said yesterday that the league has agreed to a revamped contract, replacing the old deal that runs through the 2010-11 season.
"Our number one objective was to continue the basketball relationship," Haines said. "Obviously, to do that, there are more dollars involved."
Two ACC sources said the basketball deal, which was to bring in about $30 million for the upcoming season, will increase annually "between about 5-10 percent," said one source, who requested anonymity because the deal has not yet been finalized. With the addition of Miami and Virginia Tech this season and Boston College in 2005, that will allow each school to receive slightly more from basketball than it did under the old deal.
The new football contract with calls for six ACC games on Thursday nights on ESPN, increased exposure on ABC to wider regional and national audiences, as well as the possibility that league games will be broadcast on espn.com. Included is $6 million annually for a league championship game, the first of which will be held after the 2005 season.
-- Barry Svrluga