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Message: [QUOTE="HRE Otto IV, post: 4908326, member: 5685"] Texas and Oklahoma said to the B12... [I]My offer is this: Nothing. Not even the exit fee or the money FOX wants, which we would appreciate if you would put up personally.[/I] The B12 bylaws said Texas and Oklahoma owed an $80M exit fee each. They did not pay a thing. The B12 owned those school's TV rights in 2024, and they did not pay the B12 anything for those rights. FOX supposedly settled for $20M for the 2024 TV rights which will be paid by the B12, not Texas or Oklahoma. [I] [/I] Texas and Oklahoma paid a combined $0.00 and had $0.00 withheld from the B12. Now the FSU situation is completely different. They have a dozen years left instead of only one. And if they go to the B18, ESPN needs to be made whole. If we are using the $20M/year precedent for TV rights, that is a lot of money. Also remember the ACC wanted a $52M exit fee from Maryland, who got off for only $31M. So that is another precedent to keep in mind. If the SEC wants FSU, they can leave for a similar deal as Texas/Oklahoma since ESPN owns both the SEC and ACC. But there is no incentive to take FSU before 2032 given the SEC's current TV deal. So why meet today about an SEC move? If FSU wants to move to the B18 they need to... 1. Establish what FSU's TV value is. Which BTW they kind of screwed themselves when they pushed for more ACC money. They overvalued themselves and cannot now low ball it. 2. Establish that ESPN is severely under paying the ACC. The problem here is this conflicts with keeping the first point low. 3. Establish that the ACC value post FSU is the same as what ESPN currently pays the ACC. Which means ESPN is paying fair market value, and is not damaged by FSU leaving. Even if they pulled off the above (which I think isn't possible), they would need to forgo B18 TV $ compensation for the length of the ACC GOR. They cannot get paid for something they do not own (just like Texas and Oklahoma next year in the SEC). Which means FSU will be getting less money in the B18 vs staying in the ACC. So what exactly is the point in leaving? The other option is to buy back the TV rights. Which they cannot afford to do. [/QUOTE]

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