After it was reported last month that SMU would not receive television money for an extended number of years in order to join the ACC, The Athletic’s Chris Vannini reported Monday that the Mustangs raised $100 million over the course of a week to help the move and account for the nine years of lost revenue.
The school said the staggering amount of money came from a group of about 30 donors.
Vannini’s story said the television revenue creates a difference of about $25 to $30 million a year.
“SMU has enough boosters to make up for that in a couple of hours,” entrepreneur Rogers Healy said in the story.
SMU accepted the invitation to join the ACC on Sept. 1. The move will go into effect next summer.
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