The long wait appears to finally be over. According to the Triangle Business Journal, ESPN out-bid Fox in close fashion. Fox stepped up its game because it wanted to increase its internet-broadcasting efforts. This move allowed the ACC to milk more money out of ESPN.
$155 million between 13 teams (the league office gets an equal share for projects and operations) is about $12 million per year. That's almost 3X what the teams were making under the old deal. SEC schools get roughly $17 million each from their TV deals. That's $ 5 Million more per SEC school per year, but the ACC closed the gap in somewhat major fashion.