Report: ACC has 'continued momentum' toward Stanford, Cal, SMU additions

There is reportedly continued momentum to the ACC adding Stanford, Cal and SMU, according to ESPN’s Pete Thamel.

In the wild ride of summer realignment in college athletics, the ACC could grab two of the remaining Pac-12 teams while bringing SMU to the Power Five. However, this is not a done deal according to Thamel.

After reports of the Big 12 looking into more Pac-12 schools, those were shot down and the ACC could make the big west coast play.

“Sources: After a weekend of conversations, there’s continued momentum toward the ACC adding Stanford, Cal and SMU,” Thamel wrote in a thread on Twitter. “ACC officials are working on gathering the presidents/chancellors on a call, which is expected to take place at some point early this week.

“Sources caution that nothing is finalized and the details are ‘only in pencil’ as of now. Expect a decision either way this week. Officials are still working specifically on how to divide the pool of money that would be spilt up among ACC members after the three schools join.

“That amount is expected to be between $50 and $60 million annually. Some of that will be distributed to all members, and the rest would be put into a pool for success initiatives.”

In the event the ACC lands Stanford and Cal, Oregon State and Washington State would still be left without a home.

Thamel previously said Week 1 could be a possible deadline for the ACC to make a decision on expansion. Of course, the most important factor in the decision is how the finances line up.

“Those conversations are ongoing right now,” Thamel said Friday on College Football Live. “The athletic directors from the ACC met last night. They had a phone call and they will meet again. There has been no meeting determined as of yet. But I imagine these conversations are going to spill into next week. A week from today, I feel like there’s a soft deadline of Week 1 and the season starting. We’ll have some clarity on that. There’s still some optimism, there’s still feels like there’s some momentum for this to happen.

“It comes down to money, like most things in realignment, and how that money that SMU and ‘Cal-ford,’ as they’re called — Cal and Stanford — end up getting divided up in a success pool amongst the current ACC teams.”