kcsu
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Try reading the documentI thought it was 75% vote required…. 10.5 (11) teams.
Try reading the documentI thought it was 75% vote required…. 10.5 (11) teams.
you asked about who said what where in post #4044I can't tell which poster responding to me is talking about who, or why I was even quoted. Be specific here, people!
The Big 12 will absorb the teams that the SEC and B1G don't take except for Wake and BC.Talk is if ACC falls apart or is severely weakened with up to 8 teams going to the Big 10 and SEC for two mega leagues. The Big 12 will be the 3rd conference but that will last only so far. The Big 10 and SEC will edge them out eventually. Thus, Big 12 ironically needs ACC to survive.
Two points:Temple says hello.
it is pretty much accurate that even with the additions of the big 12 we should be about the same in payoutI am missing something, but why the fear of leaving for the B12? I believe that the ACC is essentially tied with the B12 for payout
Big Ten leads Power Five conferences with $845.6 million in revenue in 2022 fiscal year, per report
Power Five conferences combined to bring in $3.3 billion in revenue last yearwww.cbssports.com
and the only other team that makes any sense would be Navy as it would be another 1/2 game under acc control from NDStanford Cal San Diego state and SMU are teams that i think add value.
I’ve read that the ACC is a non profit in NC and NC only requires a majority of parties to vote to dissolve a non profit. That would be the reasoning that a majority could dissolve the conference irrespective of what the bylaws say.
ESPN deals with the conference, the ACC in this instance. Each school is required to sign over their TV rights to the conference, the Grant of Rights. The conference then signs the contract with the network.I’m not a legal expert, so bear with me here. But the GOR agreement that I saw was between the schools and the ACC. The ESPN media agreement was referenced but ESPN was not party or signatory to the GOR. So the ESPN agreement is a separate contract between ESPN and the ACC. Have you seen the media agreement with ESPN and are the schools individual signatories to that as well?
These teams add no value, come on manStanford Cal San Diego state and SMU are teams that i think add value.
This is the theory they are advancing.Often under contract law, when a party is dissolved, contracts cease.
Agreed, but misapplying a general theory when a more specific theory is applicable is dangerous when practicing law. Besides, how many internet squawkers have studied law or even taken a course in law?This is the theory they are advancing.
That sounds like work.Try reading the document
in acc network subscription fees for home state it would be worth around 5 mil per schoolThese teams add no value, come on man
I can't speak for the internetizens in general. I can only assume that the attorney's involved have a legal strategy to try to exit the GOR and must believe they can win. Personally, I believe Syracuse ends up in the B1G, so I'm hoping FSU succeeds, Worst case Syracuse ends up in the Big 12.Agreed, but misapplying a general theory when a more specific theory is applicable is dangerous when practicing law. Besides, how many internet squawkers have studied law or even taken a course in law?
Other than being located in the 5th 6th 10th and 30th largest markets i would agree with youThese teams add no value, come on man
ND and Stanford have no future games currently scheduled after2024.oregon and washington were always big ten bound and after that i think our preference was stanford since it would add money to our contract with the ND -Stanford adding to acc inventory
WVU has a huge Big 12 exit fee to deal with. It also recently signed the Big 12 GOR until 2030.Does adding WVU to ACC improve our tv deal?
Would they want to stay in big12 or jump if offered? They are the only team out there that I think adds a name brand in football.
It appears the game is now more about long term stability vs incremental revenueI am missing something, but why the fear of leaving for the B12? I believe that the ACC is essentially tied with the B12 for payout
Big Ten leads Power Five conferences with $845.6 million in revenue in 2022 fiscal year, per report
Power Five conferences combined to bring in $3.3 billion in revenue last yearwww.cbssports.com
Thanks that’s really helpful.ESPN deals with the conference, the ACC in this instance. Each school is required to sign over their TV rights to the conference, the Grant of Rights. The conference then signs the contract with the network.
My apology for not being clearer.
Anyway, the theory is that if the ACC is dissolved, the GOR goes away. However, ESPN has fulfilled is part of the bargain benefitting the ACC and individual schools (payments) and remains the beneficiary of certain portions of the contract (TV rights). Each school knew by signing the GOR that they were individually granting their rights to whichever network the ACC contracted with on behalf of the schools. Thus, even if the ACC is dissolved, the individual schools have pledged their TV rights to the network in exchange for the deal.
Often under contract law, when a party is dissolved, contracts cease. However, this is not always true; in cases in which the middle party dissolves and the rights of the remaining parties may still be preserved, the dissolution of the middle party does not affect the contract and life goes on. Another example is when a key party selles everything involved to a new organization, the contract continues, like TEP624 Industries buying out ESPN, TEP624 must pay the ACC/schools for the TV rights.