SBD/May 19, 2017/Colleges

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  • Swofford Hopes ACC Network Can Close Existing Revenue Gap With SEC, Big Ten

    The ACC reported more than $403M in revenue during FY '14-15, an increase of 33.3% from the previous year and an increase of "more than 80 percent over three years," according to Andrew Carter of the Raleigh NEWS & OBSERVER. Despite that, the conference generated more than $100M "less than the SEC," and nearly $50M "less than the Big Ten" during that fiscal year. The gap between those conferences and the ACC is "likely to only widen before the launch of the ACC Network" in '19. ACC Commissioner John Swofford expects the new network will "significantly close the revenue gap between the ACC and its rival conferences." Swofford and representatives from ESPN assured ACC coaches and ADs during this week's spring meetings that the net is "on track" for its scheduled launch despite the "uncertainty that surrounds the cable television industry." Swofford said that he "remains 'very confident' that the network would help the ACC compete financially with the SEC and the Big Ten." The ESPN-backed SEC Network launched in August '14, and Carter notes conference television revenue increased more than $100M during that first year (Raleigh NEWS & OBSERVER, 5/19). Swofford said of closing the revenue gap, "That’s why we’re doing the channel. That’s the very reason we’ve signed to do what we’re doing. We fully expect that gap will narrow considerably when we get the channel up and running" (ORLANDO SENTINEL, 5/19).

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  • Mark Emmert Takes In $1.9M In Total Salary For '15, Well Below Power Five Commissioners

    Emmert’s base salary of $1,462,838 in '15 was a 3.5% increase over '14

    NCAA President Mark Emmert was "credited with more" than $1.9M in total compensation during the '15 calendar year, according to the Steve Berkowitz of USA TODAY. The NCAA's most recent tax return shows Emmert’s base salary of $1,462,838 represented an increase of about 3.5% over his base salary amount for '14, or almost $52,000. After getting a $10,000 bonus in '14, Emmert "received no bonus money" in '15. He was "reported with nearly $240,000 in deferred pay, an amount comparable to those reported for him in each of his first four full calendar years on a job he has held" since October '10. The largest bonus paid by the NCAA in '15 went to Exec VP/Regulatory Affairs & Strategic Partnerships Oliver Luck, who resigned as West Virginia’s AD to join the NCAA in January of that year. He received a $50,000 bonus, which was "more than three times greater than the next-largest bonus that the association reported." Altogether, Luck was "credited with just over $800,000 in compensation, including $670,000 in base pay." NCAA Chief Legal Officer Donald Remy was "credited with more than $850,000 in compensation, including nearly $710,000 in base pay and a $10,000 bonus." Remy was credited with a total of just over $825,000 in '14. Berkowitz noted Emmert's base and total compensation "remain well below" those for commissioners of Power Five conferences who were in their jobs for the entire '15 calendar year (USATODAY.com, 5/18).

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