ACC's latest tax filing underscores challenges for new commissioner Jim Phillips Posted Jun 9, 2021 College athletics’ earnings season is upon us, and the Atlantic Coast Conference’s mixed results underscore the potential windfall of the league’s television network but also the financial challenges facing new commissioner Jim Phillips. First, the upside: ACC revenue increased 9.1 percent to a league-record $496.7 million in 2019-20. Now, for the downside. (Richmond Times-Dispatch)