elimunelson
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You guys are crazy. It won’t be 500mmSpot on Tom. There is zero chance the league lets anyone out for 120 M at this point. The number will be a minimum of 500m
You guys are crazy. It won’t be 500mmSpot on Tom. There is zero chance the league lets anyone out for 120 M at this point. The number will be a minimum of 500m
where is ALSACs? That guy was all over this stuff and always liked to pile drive anyone who had an opinion that was 1% deviating from his.It seems Alsacs prophecy re: FSU may be coming true
That’s just the exit fee. They still have to surrender all tv revenue until the GOR expires. They are also banned from tv broadcasts. Who wants a school if their games can’t be broadcast? The total cost could be well over $500 million or more. Good luck with that FSU.FSU isnt going anyplace for 120 million
I miss it. He was passionate and crazy. Two benchmarks for Syracusefandom.Haha that guy was wild. I’m sure his life is much calmer now. He seemed close to an aneurism trying to reply to every person telling them he was the expert in a 60 page thread.
Don't put anything past the Florida Legislature. They currently have a bill in committee that will delegitimize the Democratic Party.With the large revenue gap I wonder if a state legislature gets involved somehow to try and illegitimize the ACC GOR in their state. I am not a lawyer, and not sure if this is even possible, but could see a state like Florida or Virginia trying to pull a maneuver like this to get their team out of the conference if the SEC or BIG came calling. You're talking 300-500M over the course of 10 years which a state could argue is detrimental to the financial health of it's citizens.
With the large revenue gap I wonder if a state legislature gets involved somehow to try and illegitimize the ACC GOR in their state. I am not a lawyer, and not sure if this is even possible, but could see a state like Florida or Virginia trying to pull a maneuver like this to get their team out of the conference if the SEC or BIG came calling. You're talking 300-500M over the course of 10 years which a state could argue is detrimental to the financial health of it's citizens.
They have a Natty, and I'm not talking about when TV sets were in black and white, but a Natty during the BCS Era. Do you realize how exclusive a club that is?It’s funny a school with very limited recent successs thinks they should get more revenue. It’d almost be like Rutgers asking the B10 for a bigger cut they tied for a big East championship with like 4 other teams a decade ago or so.
No one is going to sue the ACC, you also would be suing ESPN, and that is a bad idea. You are a fool if you sue the people who broadcast your games.Florida state to the ACC: Let us out now and will pay you $100 million.
ACC to FSU: LOL
FSU to ACC: But...but if you don't we will take you to court.
ACC to FSU: LOL.
FSU to ACC: You just wait! 12 years from now you will have wished you had done a deal.
ACC to FSU: LOL
Agree, ergo my LOL responses from the ACC in that skit.No one is going to sue the ACC, you also would be suing ESPN, and that is a bad idea. You are a fool if you sue the people who broadcast your games.
TV is where the revenue comes from, and they decide who gets on TV. All the platforms would decide you aren't a good partner and could blackball you being on TV.
There is a pdf (don't think I can link pdf) but Google ...According to the article, it appears there are schools that hired legal counsel relative to the GOR, etc. And, although no obvious loopholes seem to exist, there may be "several compelling" avenues to challenge or "break" the agreement. However, not without protracted litigation.
'Over the past two years, a number of schools have sent teams of lawyers to examine the official grant of rights document, either looking for a potential pathway out or assurances that the biggest brands can't leave without a serious fight.
As one administrator told ESPN, those reviews have established several potentially compelling arguments for breaking the agreement but have uncovered no obvious loophole that would provide a pathway out without engaging in protracted litigation.'
Perhaps, what you've mentioned is one of those potential avenues, or "compelling arguments," especially for a 'state' institution and the like? Perhaps, an argument of an unenforceable contract due to it being against public policy, etc.? As you mentioned, it certainly could be argued that it is indeed a legitimate potential detriment to citizens and future citizens of the state that the state institution serves.
You likely have to discount those cash flows that add up to $500mm (not sure where that number comes from either). Still a very big number but not $500mmThat’s just the exit fee. They still have to surrender all tv revenue until the GOR expires. They are also banned from tv broadcasts. Who wants a school if their games can’t be broadcast? The total cost could be well over $500 million or more. Good luck with that FSU.
tough situation. unfortunately, the ACC sort of needs to listen to FSU (and other schools) and try to work with them
If i were the ACC Commissioner, I would go to ESPN and say, we need you to renegotiate the ACC contract or else you are jeopardizing the ACC's existence in 10-13 years... flat out that's what ESPN is doing (which they have a right to, since that was negotiated)
I'm not assuming they talks aren't happen. I imagine it's a hot topic. I was just phrasing how I would send it.I agree that the ACC should be looking for more money from ESPN. Why do people assume that these talks aren't happening?
Why work with FSU? The ACC has FSU by the footballs. They can give FSU less money than Wake and there is nothing that FSU can do. Yous can't leave for a dozen years. The doors are locked. FSU has zero leverage.
The only way the ACC should give FSU more money is if FSU makes a commitment further than the current GOR. Or if FSU agrees to a larger buyout. You want more money now? Well it will cost you should you want to leave down the road. At least the ACC can get their money back in that case.
Why give up something ($), without getting anything in return? Would more money make FSU happier the next dozen years? Yes, but then they leave anyway should the B1G or SEC come calling. So you give up something and they screw you over, so you lose twice. Actually you lose three times because the extra money makes FSU sports better and makes it harder for you to beat them.
According to the article, it appears there are schools that hired legal counsel relative to the GOR, etc. And, although no obvious loopholes seem to exist, there may be "several compelling" avenues to challenge or "break" the agreement. However, not without protracted litigation.
'Over the past two years, a number of schools have sent teams of lawyers to examine the official grant of rights document, either looking for a potential pathway out or assurances that the biggest brands can't leave without a serious fight.
As one administrator told ESPN, those reviews have established several potentially compelling arguments for breaking the agreement but have uncovered no obvious loophole that would provide a pathway out without engaging in protracted litigation.'
Perhaps, what you've mentioned is one of those potential avenues, or "compelling arguments," especially for a 'state' institution and the like? Perhaps, an argument of an unenforceable contract due to it being against public policy, etc.? As you mentioned, it certainly could be argued that it is indeed a legitimate potential detriment to citizens and future citizens of the state that the state institution serves.
They have a Natty, and I'm not talking about when TV sets were in black and white, but a Natty during the BCS Era. Do you realize how exclusive a club that is?