Inside The Panthers

Pitt Took Home Largest Payout from ACC During 2021-22 Fiscal Year

The Pitt Panthers were the primary beneficiary of conference payouts last year.
Stephen Thompson|
Pitt Took Home Largest Payout from ACC During 2021-22 Fiscal Year
Pitt Took Home Largest Payout from ACC During 2021-22 Fiscal Year

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PITTSBURGH -- The Pitt Panthers' 2021 ACC Championship had an impact that extended far beyond the field - it provided some major financial windfalls for the 

The ACC has released their tax returns for the 2021-22 fiscal year and the Panthers, who were the best team in the league's highest-revenue sport during that period - took home the league's largest payout at $41.3 million, according to a report from David Teel of the Richmond Times-Dispatch. 

The payouts are mostly even between the ACC's 14 schools, with the low end of the range being $37.9 million. Pitt's banner year on the gridiron undoubtedly played a massive role in helping the Panthers earn more money, with its other major-revenue sport, men's basketball, having been mired in its sixth straight losing season. 

But compared to the rest of the Power 5, these are measly payouts, which has been a major topic of conversation at last week's spring meetings between athletic directors, presidents and head coaches in Amelia Island, Florida. 

Per a report from Steve Berkowitz of USA Today, even Pitt's ACC-leading payout was less than the average payout in the Big 12, SEC and Big 10. Only the Pac-12 paid out less money to its member schools than the ACC. 

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Stephen Thompson
STEPHEN THOMPSON

Stephen Thompson graduated with a bachelor's degree in communications and political science from Pitt in April 2022 after spending four years as a sports writer and editor at The Pitt News, the University of Pittsburgh's independent, student-run newspaper.  He primarily worked the Pitt men's basketball beat, and filled in on coverage of football, volleyball, softball, gymnastics and lacrosse, in addition to other sports as needed. His work at The Pitt News has won awards from the Pennsylvania News Media Association and Associated College Press.  During the spring and summer of 2021, Stephen interned for Pittsburgh Sports Now, covering baseball in western Pennsylvania. Hailing from Washington D.C., family ties have cultivated a love of Boston's professional teams and Pitt athletics, and a fascination with sports in general.  You can reach Stephen by email at stephenethompson00@gmail.com and follow him on Twitter. Read his latest work:

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