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[QUOTE="sutomcat, post: 5016197, member: 27"]
I know FSU talking heads thought it was a great victory when the ACC confirmed they would accept a market value settlement for an ACC school that wanted to leave.

I am not a lawyer but I suspect that the when you have a contract and there is a clear value for it, and a side wants out you have to accept that market value to buy out the contract.

There is a clear value for each ACC school that signed the GOR contract.  It is the total value left on the contract, divided by 14, plus the exit fee.  I believe the GOR value is $529 million and the exit fee $140 million.  I don’t think anyone disagrees with this except FSU.  FSU says because they should get c more than 1/14 of the TV money because they bring more value than the other ACC schools.  1/14 is a little more than 7%.  If the court agrees with FSU’s contention they are worth more like 15% of the total value of the TV contract, that $529 more than doubles.

All the ACC did was say that yes, if they are presented with a fair buyout value from an ACC school, they will accept it.  That shows the court they are acting in good faith and are reasonable.

Again I have never seen any legal expert not affliated with FSU say anything other than the ACC is going to win the lawsuit.  If they do, I have yet to hear anyone explain a decent reason why the ACC would negotiate a dramatically lower exit fee from the conference.  The only thing I have heard is that ‘discovery would be a nightmare’.  Sorry, I don’t think any murders or major scandals would ensue if the lawsuit runs to completion.  The ACC has an overwhelmingly strong case and is going to win.

Legal experts, please weigh in and explain to me where I am wrong on this.
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