On the one hand, this sounds destined to fail. On the other hand, I'm not sure it will matter one way or the other.
Sources - ACC votes to invite Stanford, Cal, SMU - ESPN
Quote:
Cal, Stanford and SMU will come at a significant discount, which will help create a revenue pool to be shared among ACC members. SMU is expected to come in for nine years with no broadcast media revenue, sources told ESPN, and both Cal and Stanford were expected to receive 30% shares of ACC payouts.
That money being withheld is expected to create an annual pot of revenue between $50 million and $60 million. Some of the revenue will be divided proportionally among the 14 full-time members and Notre Dame, while another portion will be put in a pool designated for success initiatives that rewards programs that win.
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I don't see this buying any loyalty from FSU or Clemson once they have an opportunity to leave and it seems like it would piss off the newcomers to not be given equal shares. The one bright side is that there will be more teams to re-form the league with once the next round of expansion comes around where, presumably, Miami, FSU, UNC, UVA, Clemson and maybe others will be looking at their options.