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FSU vs The ACC
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[QUOTE="HtownOrange, post: 4918295, member: 622"] I agree, the exit costs would hurt. However, the state is not going to pay the exit fee. I have argued all along that FSU lacks the resources to buy their way out. FSU'S offer of $100MM last summer, the farce that it was, was not funded and conditioned on supporters and a payment over time. FSU's endowment likely prohibits the use of most of the funds from sports. I am adding that FSU cannot force the State to pay for FSU's exit. State entities are fee to operate within their parameters but not able to force the legislature to do as the state entity wishes. Further, the state could pay (1/2 of 1% of the annual budget) but is not going to do so for many reasons. The legislature can get involved if they believe they need up. I think FSU buying out of the ACC contract is enough to garner legislative review. As to FSU going bankrupt, I am not sure bankruptcy is in the picture. I think our arguments may be closer than may appear. [/QUOTE]
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