This story was updated because an earlier version included an inaccurate headline.

The Atlantic Coast Conference (ACC) is considering a new revenue-sharing plan that could keep Florida State and Clemson in the league according to a report from Yahoo Sports.

Ross Dellenger's report says the proposed revenue-sharing plan could end the lawsuits between the ACC and two of its premier instructions in FSU and Clemson. He also said the plan could lead to a revised expiration date of the conference's Grant of Rights, moving it up from the current 2036 expiration date.

There is no imminent deal coming according to Dellener.

The conference has been locked in legal battles with both schools for months and is currently navigating four separate cases involving FSU. The school sued the ACC over its frustrations with the media rights deal in December, claiming uneven distribution of revenue was creating a gap between the Seminoles athletics program, primarily football, and teams in conferences like the SEC and BIG10.

FSU's arguments have led to a nearly years-long legal fight with the conference as the program explores a potential exit from the ACC, or, a new revenue-sharing plan.

The proposal remains mostly secretive, but it would distribute funds based on television viewership and other media metrics, per Dellenger's report, a stark change from the current revenue-sharing plan the conference currently has.

The ACC paid out $44 million per school in 2022-23, with the SEC paying out $51.3 million per school and the BIG10 paying schools in the range of $58-$60 million dollars per year.

While it's certainly a step forward in discussion between the league and FSU and Clemson, as Dellenrger reports, there is a long way to go for this revenue-sharing plan to go from dream to reality. He said its "unclear if support exists" and that it would require a two-thirds majority to be enacted.

What is the status of the other FSU vs. the ACC lawsuits?

• In the Leon County case, both FSU and the ACC entered mediation talks but did not come to an initial agreement per a court filing on Aug. 20. The ACC recently responded to FSU's second amended complaint for declaratory judgment as that case is still moving forward while the appeals process takes place. FSU asked for a summary judgment from Cooper.

• The ACC had its appeal of Coopers' rulings heard in the Florida 1st District Court of Appeals. There has been no ruling made, and no timetable given for when to expect one. The ACC filed another appeal of Coopers' ruling to deny the conference motion to stay the case in Leon County

• In April, Florida Attorney General Ashley Moody filed a lawsuit against the conference demanding the media contracts, Grant of Rights and ESPN agreement be revealed in accordance with Florida public records law. The case has since been dropped by Moody as she received and released heavily redacted copies of the ACC-ESPN agreement in August.

• In May, FSU filed a nearly 600-page complaint in North Carolina asking for the state's supreme court to review the April decision given by the judge there. The petition asks for a writ of certiorari, a formal request for the court to review a case for error or a violation. The ACC responded to FSU's appeal, saying FSU's appeal "fails on its face" because it doesn't show that the court's decision was “patently arbitrary."

Liam Rooney covers Florida State athletics for the Tallahassee Democrat. Contact him via email at LRooney@gannett.com or on Twitter @__liamrooney.

This article originally appeared on Tallahassee Democrat: New ACC revenue plan could end FSU, Clemson lawsuits, increase payment