If you read the Clemson lawsuit, they told the ACC they were interested in figuring out the financial impact of leaving the ACC and notified the ACC in early 2023 or over a year ago. Supposedly, they wanted to privately negotiate and not have a lawsuit. And, it also now appears that UNC is not happy with the ACC.
GORs seem pretty solid, but there are some key issues that need to be resolved like: Since ESPN has an option to extend the ACC TV contract past 2027 and they haven't yet, what does that mean for the GORs? Are the exit fees excessive as a court could say they are? Were the people who signed the TV contract authorized to commit their school to the contract? Does Swofford steering part of the media contract to Raycom where his son worked mean the ACC Conference did not fairly maximize the value of the media contract and not perform their fiduciary duty to the ACC schools?
GORs seem pretty solid, but there are some key issues that need to be resolved like: Since ESPN has an option to extend the ACC TV contract past 2027 and they haven't yet, what does that mean for the GORs? Are the exit fees excessive as a court could say they are? Were the people who signed the TV contract authorized to commit their school to the contract? Does Swofford steering part of the media contract to Raycom where his son worked mean the ACC Conference did not fairly maximize the value of the media contract and not perform their fiduciary duty to the ACC schools?