SMU May Lose Out on Power Five College Football Playoff Revenue Despite Move to ACC: Report

The College Football Playoff Board of Managers could reach a vote Monday to determine whether or not SMU will be granted Power Five distribution for the CFP.

SMU will go nine years without receiving broadcast media revenue in the ACC after agreeing to join the league in September. Now, the school could bewithout the $5 million annual payout for Power Five schools and the $1 million Group of Five share of CFP revenue, according to Yahoo! Sports's Ross Dellenger.

The CFP's current television deal with ESPN, which runs through 2025, gives Power Five schools $5 million in annual revenue. Previously, schools making the jump from the Group of Five to the Power Five received a boost in revenue. Now, after a Nov. 9 meeting, that could be in jeopardy for the Mustangs and programs that come after SMU.

SMU indicated that it was willing to forego ACC television money because of the money it would get from CFP revenue, and the school has an ongoing fundraiser for fans and alumni to help the transition to the ACC.

School officials expected to receive non-television ACC payouts of about $10-12 million annually. Without CFP revenue money, SMU could find itself receiving annual payouts that are less than the $9 million per year the Mustangs made in the American Athletic Conference.

In order for revenue distribution to be altered by the CFP board, a unanimous vote must be reached.

As negotiations for the next CFP television deal quickly approach, what happens to SMU will set the precedent for what happens to other schools that make the possible jump to the Power Five in the coming years. However, more money could be at hand as Disney, Amazon, Fox, NBCUniversal and Turner are expected to engage in a bidding war for television rights to the 12-team CFP.