According to Luke DeCock of The News & Observer, the ACC and ESPN are closing in on a deal that will include an ACC cable channel. Essentially, the ACC Network that has been discussed for years in order to help the ACC generate more revenue to compete with conferences such as the SEC and Big-10. Both of those conferences already have such a network.
The deal with ESPN is also reported to include "innovative 'over-the-top' components, content delivered directly to viewers via the Internet."
The new ACC Network is expected to launch by August 2019.
Announcement of the deal could come as soon as Thursday during ACC Media Days. This means more revenue for each school in the ACC.
ESPN's Brett McMurphy is also reporting that the ACC has agreed to extend its grant of rights through 2036. Essentially this means that if a team wants to leave the conference during this timeframe, they must forfeit all revenue from home games to the league.
That makes it nearly impossible for a member university to leave the conference.