The Atlantic Coast Conference’s revenue fell $9.3 million for the 2018-19 school year, according to recent tax filings.
The conference revenues fell from $464.76 million to $455.4 million, a decline of 2%. Each team received an average payout of $28.8 million, the lowest payout of the Power Five league, according to the USA Today.
According to the Richmond Times-Dispatch, the disparity was due to the league sending only one team to a New Year’s Six bowl game in January 2019.
The school’s lone representative in the 2019 College Football Playoff came through, with Clemson defeating No. 1 Alabama, 44-16. The ACC followed up that title with Virginia’s 2019 men’s basketball championship.
The revenue figures do not factor in the launch of the ACC Network in August 2019, which will be included in the conference’s 2019-20 fiscal year, which ended on June 30.