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[QUOTE="HtownOrange, post: 4667554, member: 622"] From the article: The recitals included in this Grant of Rights reference the ACC’s broadcast agreement with ESPN. As a condition of that agreement, the ACC members must execute a grant of television rights to the conference. [I]WHEREAS, as a condition of the agreement of ESPN to offer additional consideration to the Conference as part of a further amendment to the Amended ESPN Agreement (the “Additional Amendment”; the Additional Amendment, together with the Amended ESPN Agreement, collectively, the “ESPN Agreement”), each of the Member Institutions is required to, and desires to, irrevocably grant to the Conference, and the Conference desires to accept from each of the Member Institutions, those rights granted herein . . . .[/I] The operative portion of the ACC’s Grant of Rights states: [I]Each of the Member Institutions hereby (a) irrevocably and exclusively grants to the conference during the Term (as defined below) all rights (the “Rights”) necessary for the Conference to perform the contractual obligations of the Conference expressly set forth in the ESPN Agreement, regardless of whether such Member Institution remains a member of the Conference during the entirety of the Term and (b) agrees to satisfy and perform all contractual obligations of a Member Institution during the Term that are expressly set forth in the ESPN Agreement.[/I] Further, the ACC’s Grant of Rights includes the following language: [I]The Recitals set forth above shall be deemed incorporated by this reference into and specifically made part of this Agreement. Should any provision of this Agreement be determined to be invalid or unenforceable, such shall not invalidate this Agreement, but such provision shall be deemed amended to the extent necessary to make such provision valid and enforce control of each school’s television rights, even if they choose to leave the conference.”[/I] The above language is limited to what the article writer included in the article. It is sufficient to determine who granted what and for how long. Each school individually grated their rights to the conference who in turn granted the collective rights to ESPN[I] [/I]in exchange for ESPN broadcasting games, providing a network, etc. If a school leaves, ESPN still holds their rights for the duration. Portions of the article regarding irrevocability have since been proven wrong by events. If the GOR was irrevocable, OU, UT, USC, UCLA, the SEC and the B1G would have broken the agreements. Likewise, FSU, Clemson, and other ACC schools would have done so too, if you believe the mouthpieces. I used the term "mouthpieces" because not one person with authority to make the decisions has actually indicated a school is willing to leave. This is key as the mouthpiece can say anything without repercussion as they lack authority to back up what they say. [/QUOTE]
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