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Message: [QUOTE="AcAndAc, post: 5365920, member: 10310"] Both schools would consider it a win as well after they decided to file lawsuits in their home states in hopes of extricating themselves from a grant of rights agreement that, according to Florida State's attorneys, [B]could have meant paying as much as $700 million to leave the conference[/B]. The ACC countersued both schools to preserve the grant of rights agreement through 2036. Although the settlement will not make substantive changes to the grant of rights, it is expected that there will be declining financial penalties for schools that exit before 2036, with the steepest decreases coming after 2030 -- something that would apply to any ACC school, not just Clemson and Florida State. [B]The specific financial figures for schools to get released from the grant of rights were not readily available. But the total cost to exit the league after the 2029-30 season is expected to drop below $100 million, sources said.[/B] The current language would require any school exiting before June 2036 to pay three times the operating budget -- a figure that would be about $120 million -- plus control of that team's media rights through the conclusion of the grant of rights. This was seen as a critical piece to the settlement, allowing flexibility for ACC schools amid a shifting college football landscape, particularly beyond the 2030 season, when TV deals for the Big Ten (2029-30), Big 12 (2030) and the next iteration of the College Football Playoff (2031) come up for renewal -- a figure Florida State's attorneys valued at more than $500 million over 10 years. [B]Sources told ESPN that there'd just be one number to exit the league, not the combination estimated by FSU of a traditional exit fee and the loss of media from the grant of rights.[/B] [/QUOTE]

Verification: What is a Syracuse fan's favorite color?