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When John Swofford decided to expand the ACC, he caused quite a stir. Old time Tobacco Road fans bemoaned the loss of tradition. Commentators called it a money grab soiling the image of college sports and the Big East lawyered up and sued to protect their fledgling BCS status. In the end not everyone is happy...but everyone in the ACC is rich. The new league generated more money than ever this past year. Original members got nice increases. Boston College (who were rejected in the process, then accepted later and only get a partial revenue share at first) exceeded what they would have made in the Big East by more than $1 million.
The big winner – Virginia Tech. Tech, not initially part of the expansion plans, got in under political maneuvering. The Hokies are fat and happy as they avoided legal wrangling, got a lot more money, and are playing in a much more geographically and academically desirable conference.
The biggest loser in the process? Ironically, the Miami Hurricanes. The 'Canes and their football dynasty were the lynch pin of the expansion. Not only have they seen their team struggle, but the move from the weighted Big East distribution plan to the ACC's even split actually reduced Miami's football revenue.
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