The league and the two schools have reached a proposed settlement that would include changing the league’s revenue-distribution model, which could prove detrimental to BC athletics.

A person familiar with the situation says the Atlantic Coast Conference’s Board of Directors has approved a proposed settlement that would end the legal fights with Clemson and Florida State as well a

The ACC, Clemson and Florida State have approved a settlement that would end their legal fights, change the league’s revenue-distribution model and revise the long-term costs for a school to leave the conference.