Reply to thread

Message

[QUOTE="jgeorge322, post: 4954815, member: 761"]
no contract is a real knee slapper... that attorney can't be serious thinking that's a valid defense.  any first year law student could conjure up 50 different types of consideration that fsu received in that deal.

to be clear, these cases typically always settle out of court, but not because of that crazy defense.  this one might actually go further just because of the dollars at play... acc isn't going to settle for less than $200m and fsu isn't going to pay that much either.  maybe they will finance it - if they can get out for $300m or so and would make $30m or more per year in sec or big 10, then probably worth just taking out a loan and securing it by receivable in future revenue stream from future conference.  if they make $50m more per year in sec or big 10, then its really a no brainer - because you could pay that loan off in 5-10 years.

thats my guess how this ends.  fsu finds its next conference, then takes out financing to pay off a $300 - 400m exit fee.
[/QUOTE]

Verification

What is a Syracuse fan's favorite color?