ACC Presidents Sign "Grant of Rights" for Athletics
The Atlantic Coast Conference presidents have agreed for the league to retain media rights for a school that leaves the conference.
The league said Monday each of the current and future schools has signed the deal, which is effective immediately.
The grant of rights means any school that leaves would also have to leave its TV rights behind. Those rights would stay with the ACC, meaning the departing school wouldn't bring any added TV value to a new league's broadcast package.
It would essentially lock schools in through the existing TV deal, including eventual arrivals Pittsburgh, Syracuse, Notre Dame and Louisville.
The ACC is the fourth major conference to approve a grant of TV rights, joining the Big 12, Big Ten and Pac-12.
"This announcement further highlights the continued solidarity and commitment by our member institutions," said ACC Commissioner John Swofford. "The Council of Presidents has shown tremendous leadership in insuring the ACC is extremely well positioned with unlimited potential."
"The ACC has long been a leader in intercollegiate athletics, both academically and athletically," said the collective ACC Council of Presidents. "Collectively, we all agree the grant of rights further positions the ACC and its current and future member schools as one of the nation's premier conferences."
Local Sports HeadlinesLocal Sports HeadlinesMore>>