This is a desperation move that will ruin the conference. You are basically ensuring a two tiered conference with a number of schools that will never be competitive.
It won’t be the tv revenue, it will be the post season revenue so theoretically it’s up for grabs to anyone to get the extra share if they qualify for the CFP. It’s not written in stone that is FSU, Clemson etc.. Also getting to bowls might qualify for some extra money too.
From the article:
The league's athletic directors left a second day of occasionally contentious meetings feeling optimistic that schools would coalesce around a plan that would afford a larger share of postseason revenue -- including from a soon-to-expand College Football Playoff -- to the teams participating in those postseason games rather than dividing it equally among all members.
The ACC's annual spring meetings began Monday amid reports that seven schools had lawyers examine the league's grant of rights, which allocates each team's broadcast rights to the league through the year 2036, and had discussed potential exit strategies.
Those reports were met with intense frustration inside the AD's meeting room, with multiple members admitting to raised voices and a few profanities exchanged that Miami's Dan Radakovich chalked up as "an airing of grievances."
"People had to say where they were and why do you feel that way," Radakovich said.
The discussion of potential departures was "probably overblown," Alford said, with a number of other athletic directors, including at schools rumored to be among those looking for an exit, saying the reports were not substantive.
"Everyone has taken a look at the grant of rights," one athletic director said. "You'd be crazy not to. But no one is going anywhere."
To exit the ACC, a school would need to pay an exit fee of three times its annual revenue (approximately $120 million) and would risk losing the right to broadcast their games because of the grant of rights. It's a possibility schools have discussed, Radakovich said, but not one anyone is eager to undertake.