IthacaMatt
Old Timer / Unofficial Contributor for 25+ years
- Joined
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I think this places the cart before the horse. FSU and Clemson must:
1) win the right to leave the ACC in court (after all appeals and such)
2) prove they have the financial resources to pay the exit fee and the rights buy backs
3) must obtain BOT approvals
4) must actually provide notice that they will leave the ACC
Until that point, the matter is only a threat. Under the first point, FSU and Clemson face a steep uphill battle as several on here have notes and a few outsiders have delineated in detail. Until this hurdle -or should I say chasm - all other points are moot.
Under the second point, as it stands neither school has the resources at hand to leave immediately, making all other points moot.
Under the third point, the BOT have the fiduciary duty to make sure the overall deal is good for the school. Unless FSU and Clemson can get out for less than $100MM, it is not likely to be a sound financial decision upon a close scrutiny by financial minds.
ESPN should proceed as if FSU and Clemson are staying out in the ACC. Ignore clickbait generators and idiots who pretend to know:
- business
- contract law
- intellectual property law/entertainment law (GOR)
- negotiation tactics
Watching Hollywood is not like the real world. Fast deals can only be made by novices or when highly experienced professionals know the material and want to work with each other. FSU's AD is neither a highly experienced professional in this arena nor does he wish to work with anyone. He is attempting to force his will on 14 other schools with equally or higher skilled professionals.
Just my take.
I agree. Clemson & FSU are stuck until the television contract is up. That's how I see it, unless ESPN wants to actively destroy the ACC.
