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Syracuse Athletics
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ACC, PAC-12, and BIG alliance / conference realignment
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[QUOTE="HtownOrange, post: 5366169, member: 622"] Again, you should go back and read the thread and related threads. I fully understand the purpose of a settlement, I do this for a living. What you fail to understand that the settlement as presented in the ESPN article does NOT benefit most of the ACC schools. Present: - Exit fee = 3X last annual payout, or $44.8MM X 3 = $134.4MM - The Exit Fee increases annually - The Value of media rights is equal to the payout X number of years remaining on the GOR, presently 11 years (does not include current season) or $492.8MM. - The Value of rights decreases annually - FSU was a major proponent of the present exit fee - ESPN demanded the GOR in exchange for the ACCN - Past media rights buy backs were valued at 2-2.1X the rights Value. Proposed per the article: - Less than $100MM - Includes Exit and rights buy back - Schools with lower TV ratings (stuck on ACCN, ESPN+, CW) take a cut from the current distributions, per the article, $7MM - The top schools gain $15MM per the article The proposed settlement is a terrible deal for any school not expected to garner an SEC or B1G invite. Presently, SU will lose $7MM to bolster FSU, Clemson, UM, and UNC. It is in SU's self interest to vote against the proposal and force FSU and Clemson to win in court, which is not likely as contract, IP and entertainment law are well established. Please explain why SU should agree to take less money (up to $77MM through 2036) to benefit others who want to destroy the conference? Explain what FSU and Clemson are giving up under the new proposal. [/QUOTE]
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