Dabo's buyout is a ridiculous $60M in 2024; Norvell's a paltry $6M. Both schools are looking at an estimated $500M each to leave the ACC.
Clemson broke even on a $140M budget in 2022. FSU ended up $2.5M in the red even though taking in $170M in revenues. By contrast, UGA raked in $203M, accrued $169M in expenses, and, thus, netted, $34M. Even with that, UGA ranks 5th behind Ohio State, Texas, Alabama, and Michigan in total revenues... but, first in net revenue.
Clearly, being in the ACC is not a financial windfall. And, it's not looking like things will get better, soon. It's football-focused schools (i.e. Clemson, FSU, and Miami) will not be able to compete with the big boys without the TV and playoff revenues.
While I don't think Clemson can afford to buy-out Dabo AND negotiate with the ACC; FSU can kick Norvell to the curb almost at anytime... as the buyout is so low it makes no difference in ACC negotiations.
Once again.... it's great to be a Georgia Bulldog.
Clemson broke even on a $140M budget in 2022. FSU ended up $2.5M in the red even though taking in $170M in revenues. By contrast, UGA raked in $203M, accrued $169M in expenses, and, thus, netted, $34M. Even with that, UGA ranks 5th behind Ohio State, Texas, Alabama, and Michigan in total revenues... but, first in net revenue.
Clearly, being in the ACC is not a financial windfall. And, it's not looking like things will get better, soon. It's football-focused schools (i.e. Clemson, FSU, and Miami) will not be able to compete with the big boys without the TV and playoff revenues.
While I don't think Clemson can afford to buy-out Dabo AND negotiate with the ACC; FSU can kick Norvell to the curb almost at anytime... as the buyout is so low it makes no difference in ACC negotiations.
Once again.... it's great to be a Georgia Bulldog.
