 Shortly after negotiations for the location of the game began during the spring of 2004, the ACC announced that it had signed a new, seven-year television contract with ABC-TV and ESPN.As part of the deal, the ACC would earn over $40 million in revenue a year in exchange for the networks' exclusive right to televise the ACC Football Championship Game along with several high-profile regular season games.Revenues would be divided among the 12 ACC member schools.