The ACC Council of Presidents announced Monday that each of the current and future 15-member institutions has signed a grant of media rights, effective immediately.
ESPN’s Brett McMurphy reports the grant of media rights would run through the 2026-27 season.
The move essentially solidifies the future of the ACC, which has been the subject of rampant speculation regarding member schools as targets for other leagues in future conference realignment.
The grant of rights guarantees if a school leaves for another league in the 14-year window, that school’s media rights -- including revenue -- for all home games would remain with the ACC and not its new conference.
"That ends expansion right there," a source told McMurphy.
The David Glenn Show first reported the ACC was considering the grant of rights.
ACC commissioner John Swofford said in a statement: "This announcement further highlights the continued solidarity and commitment by our member institutions. The Council of Presidents has shown tremendous leadership in insuring the ACC is extremely well positioned with unlimited potential."
The Council of Presidents also released a statement reading: "The ACC has long been a leader in intercollegiate athletics, both academically and athletically. Collectively, we all agree the grant of rights further positions the ACC and its current and future member schools as one of the nation's premier conferences."
Pitt and Syracuse are set to enter the league for the 2013 season, along with Notre Dame in all sports but football. Louisville is set to join in 2014, when Maryland moves to the Big Ten.