ACC will distribute 98% of planned payments for 2019-2020
There was a teleconference with the media. The ACC Spring Meeting is virtual this year.
Savings on expenses by not having tournaments as well as better than expected revenue from the ACCN covered most of the lost revenue from NCAA Basketball Tournament. Swofford doesn't give actual numbers, which is consistent with what he normally does. They come out later on tax returns.
But there is a lot of uncertainty for the future in 2020-2021 due to COVID-19. [Post edited by HOO86 at 05/14/2020 4:22PM]
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Posted: 05/14/2020 at 4:22PM