Expansion was supposed to help the ACC by making it more competitive in football and as a result, more profitable. Well, one out of two ain’t too bad! Expansion has NOT produced much in the way of fantastic football (or basketball, for that matter), but as Bill Maloney (Eagle In Atlanta to you and me) points out, but the ACC is still raking it in.
According the latest financial numbers, the ACC pulled in nearly $20 million more in 2006 than 2005. Boston College and Virginia Tech aren’t yet earning full shares, but they still pulled $1.4 million and $2.5 million respecively more than they got in their final Big East year. Only Miami lost out, because they had a good football team in their last year in the Big East.
So, maybe the ACC put Wake Forest in the BCS, had only one team in the Sweet Sixteen and none in the Final Four this year, but at least the athletic departments are making more money! That’s all that really matters, right?