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)

Related: Other News

Michael Jordan's ZR-1 has been added to the Corvette Museum
The Corvette Museum has added another legendary vehicle to its collection, a 1993 Chevrolet Corvette ZR-1 40th Anniversary Edition previously owned by "His Airness" himself,...
Wed May 13, 2026

ACC leaders supportive of potential 24-team College Football Playoff: 'There is consensus'
The question isn’t “if” the College Football Playoff will expand. It’s “by how much?” The sport’s most powerful conferences, the SEC and Big Ten, have...
Wed May 13, 2026

Nebraska athletes lose NIL bid worth millions in College Sports Commission arbitration battle
An arbitration ruling sent a clear message Monday: NIL deals that push boundaries without clear market justification won’t move forward. An arbitrator ruled the College...
Tue May 12, 2026

Bigger and bigger and bigger: ACC leaders meet among college sports postseason growth era
The most important postseasons in college athletics are getting bigger and bigger and bigger. As are the paychecks for players and the expenses for programs...
Tue May 12, 2026