From the Associated Press:
ACC, Clemson, Florida State approve settlement to end legal fight, change revenue-distribution model
By AARON BEARD
The Atlantic Coast Conference, Clemson and Florida State are ready to move forward together after legal fights that threatened the stability of the league.
Each approved a settlement Tuesday to end the crossfire of lawsuits between the member schools and the ACC, signing off on a deal that changes the revenue-distribution model in a way that would theoretically benefit both schools with marquee football brands. The deal also revises and clarifies the long-term costs for a school to leave the conference.
It doesn’t offer permanent security. Notably, the 2030-31 season now looms as a significant marker. But it does stabilize the coming years for a league that had heard doomsayers questioning its survival amid a growing revenue gap behind the Southeastern Conference and the Big Ten.
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