• Loading stock data...
Thursday, April 2, 2026

Amid Realignment Mania, Notre Dame Stayed Independent. It Paid Off

Administrators were adamant about staying independent even as college sports changed around them. Their CFP performance vindicates that strategy.

Jan 2, 2025; New Orleans, LA, USA; Notre Dame Fighting Irish head coach Marcus Freeman (R) reacts on the sidelines in the final minute against the Georgia Bulldogs during the fourth quarter at Caesars Superdome.
Geoff Burke-Imagn Images
May 7, 2024; St. Louis, Missouri, USA; New York Mets relief pitcher Adam Ottavino (0) pitches against the St. Louis Cardinals during the ninth inning at Busch Stadium. Mandatory Credit: Jeff Curry-USA TODAY Sports
Exclusive

Adam Ottavino Joins Revamped ESPN MLB Lineup

The 15-year MLB vet spent the past four seasons with the Mets.
Read Now
April 1, 2026 |

Notre Dame athletic director Pete Bevacqua was justifiably excited before the Fighting Irish’s opening-round College Football Playoff game against Indiana.

“This is the biggest thing we can do at this point, is host a game,” he said. “Particularly in our spot, not being in a conference and being independent—which is something we’re tremendously proud of.”

For their entire 100-plus year existence, the Fighting Irish have eschewed conference affiliation—a decision that has looked increasingly questionable over the past several years. The team had failed to earn a CFP win and was in jeopardy of falling behind power conference schools financially after another seismic round of realignment and media deals. Industry experts wondered whether the team’s stubbornness hadn’t cost them in the new era of college sports.

But, after making the expanded Playoff and reeling off consecutive wins, Notre Dame appears to have vindicated its unique strategy. 

Led by new head coach Marcus Freeman, the Fighting Irish are about to play in the first-ever semifinal round of the 12-team Playoff. They’ve earned $14 million in CFP prize money so far and have the chance to earn at least $6 million more if they beat Penn State—whose coach just yesterday criticized the Fighting Irish’s independent status.


For decades, the strategy was considered a cash cow: The athletic department had an exclusive football contract with NBC and the ability to slot itself into matchups that maintained its national footprint and propelled it to multiple titles.

But over the last 10 years, it was fair to wonder whether the athletic department’s independent status was becoming more of a hindrance than an advantage.

The Irish made the four-team CFP only twice and failed to advance to the national title game. Head coach Brian Kelly abruptly left for LSU in November 2021 after 12 seasons. Defensive coordinator Marcus Freeman took over the head coaching position, and he led the Irish to two consecutive winning seasons—though they were never good enough to make the four-team slate.

Jan 2, 2025; New Orleans, LA, USA;  Notre Dame Fighting Irish defensive lineman Donovan Hinish (41) celebrates after a play against Georgia Bulldogs at Caesars Superdome.
Amber Searls-Imagn Images

As a result, Notre Dame lost out on multimillion-dollar CFP prize money payouts that, unlike most schools who are required to share Playoff spoils with conferences, it could’ve kept. In 2023, for example, it received $3.98 million for meeting the NCAA’s postseason academic standards, but it wasn’t eligible for bonuses for making the CFP or advancing to the national championship. 

Conference realignment also cast doubt over the Irish’s strategy. 

But the Big Ten had inked the most lucrative media contract in conference history—a mid-$7 billion package that would allow schools to earn conference distributions of up to $90 million per year. Part of the value came from realignment: The league had already announced it would welcome USC and UCLA in 2024. The SEC, which had added Oklahoma and Texas, wasn’t far behind. Even the Big 12 and ACC had guaranteed futures in which annual distributions would easily surpass $30 million per year.

The Fighting Irish were among the top earners in 2023, raking in around $224 million. Between their deal with NBC (about $22 million per year) and their affiliation with the ACC (about $22 million) for Olympic sports, they notched some of the highest conference distributions. 

But they risked falling behind.


To remain independent, the school needed a “committed broadcast partner,” a pathway to the CFP, and a high-quality, travel-friendly Olympic sports conference. 

Under the current 12-team format, automatic bids go to the top five conference champions. But as long as the team ranked somewhere in the next seven at-large bids, it would have a Playoff opportunity. And if the Fighting Irish couldn’t secure a lucrative new media deal, they’d have to consider either joining the ACC or perhaps making a bid to look at the Big Ten.

But the school never lost faith in its independent model. “We haven’t flinched,” Aaron Horvath, Notre Dame’s senior associate athletics director, told Front Office Sports in the summer of 2023, saying the athletic department would “still adopt the same stance as [an] independent, and what we need to continue to be so.” 

Several months later, in November, then-AD Jack Swarbrick was able to secure a renewal with NBC running from 2024 to 2029, a deal that will pay about $50 million per year, FOS reported at the time. The deal doubled the previous fee and ensured the athletic department could remain competitive in the new era—at least from a media-rights standpoint. It was one of his last acts as athletic director—he stepped down in the spring of 2024, allowing Bevacqua, the former NBC executive, to take the wheel. 

In the offseason, Notre Dame took advantage of the transfer portal and rebuilt its roster. It has since won 12 straight games, hosted the first-ever on-campus CFP matchup, and earned a spot in the CFP semifinals. As such, the team has a chance to earn up to $20 million in CFP prizes.

The future is bright, too. The NBC media deal is locked in for another six years. The Irish have also signed onto a future CFP with $12 million minimum payments starting in 2026, when the postseason’s next contract with ESPN begins. If they make the 12-team field, they have the chance to earn even more.

In March, Bevacqua told ESPN: “We are now in as good of a position as we’ve ever been in the modern era of college football to be independent.” Now, that position is even better.

Linkedin
Whatsapp
Copy Link
Link Copied
Link Copied

What to Read

Aug 27, 2025; Arlington, Texas, USA; Dallas Wings guard Arike Ogunbowale (24) looks on from the team bench during the first half against the Connecticut Sun at College Park Center.

Will a Star Get Picked in the WNBA Expansion Draft?

The Fire and Tempo have just five weeks to assemble their teams.

Polymarket’s Sports Push Continues With LaLiga Deal

LaLiga is the latest in a series of sports deals for Polymarket.
Dec 22, 2024; Paradise, Nevada, USA; NFL line judge Robin DeLorenzo (134) gestures during the game between the Jacksonville Jaguars and the Las Vegas Raiders Allegiant Stadium. Mandatory Credit: Kirby Lee-Imagn Images

Fired Female NFL Ref Sues League for Unfair Treatment

Robin DeLorenzo is accusing the NFL of gender-based scrutiny.
Nov 23, 2025; Green Bay, Wisconsin, USA; Green Bay Packers defensive end Micah Parsons (1) celebrates after sacking Minnesota Vikings quarterback J.J. McCarthy (9) (not pictured) during the game at Lambeau Field. Mandatory Credit: Jeff Hanisch-Imagn Images

As Concussions Rise, NFL Shifts Focus to Face Masks

The league is looking to improve an oft-overlooked piece of equipment.

Featured Today

‘The Sonics Never Died’: The Long Afterlife of Seattle NBA Merch

Inside “the largest team shop for a team that doesn’t exist.” 
Mar 27, 2026; Washington, DC, USA;UConn Huskies forward Tarris Reed Jr. (5) dunks the ball against the Michigan State Spartans in the second half during a Sweet Sixteen game of the East Regional of the men's 2026 NCAA Tournament at Capital One Arena
March 28, 2026

March Madness Coaches Debate ‘Blueblood’ in NIL Era

The term’s meaning was up for debate at men’s March Madness.
Maxime Vachier Lagrave
March 25, 2026

The Planet’s Best Chess Players Are Having Their LIV Golf Moment

Chess’s most prestigious tournament is battling a splashy Saudi event.
Beau Brune/LSU
March 22, 2026

College Athletic Departments Are Becoming Media Companies

“There’s only so many tickets you can sell, but content is infinite.”

Why a Furniture Store Is Risking $50M on UConn Basketball

Jordan’s Furniture will refund purchases if both Huskies teams make the final.
March 30, 2026

Top Seeds Sweep Women’s Final Four As 2025 Teams All Return

It’s the first repeat Final Four in 30 years.
April 1, 2026

The European Agent Behind the Illinois Final Four Run

Miško Ražnatović represents four of the Illinois “Balkan Five.” 
Sponsored

Cameron Boozer & Cayden Boozer Talk Pressure, Benefit of Playing Together

The Boozer twins have built their games, and their identities, side by side.
exclusive
March 30, 2026

Alabama, Nebraska, Michigan Spent Most on CFB Private Jet Travel

Texas A&M spent $493,000 on coach Mike Elko’s travel alone.
March 29, 2026

UConn Men, Women Reach Final Four Despite Financial Pressures

UConn men and women both reach Final Four in rare feat.
Mar 27, 2026; Washington, DC, USA; Duke Blue Devils forward Cameron Boozer (12) attempts to dribble the ball past St. John's Red Storm forward Bryce Hopkins (23) in the first half during a Sweet Sixteen game of the East Regional of the men's 2026 NCAA Tournament at Capital One Arena
March 27, 2026

Duke vs. St. John’s: The Battle of Dueling Roster Strategies

In the “unrestricted free agency” era, the Blue Devils won out.
Feb 22, 2026; Louisville, Kentucky, USA; Louisville Cardinals guard Reyna Scott (1) celebrates after time expires against the Louisville Cardinals at KFC Yum! Center
March 27, 2026

UVA Shows Anyone Can Win in Women’s Basketball—at a Price

Ohanian’s millions set a blueprint for winning in the NCAA.