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FSU vs The ACC
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[QUOTE="HtownOrange, post: 4955333, member: 622"] That Has been a part of my contention all along. Even if FSU gets a full share in the SEC or B1G, they must payback a loan or pay the ACC fee to get out, decreasing the value of the SEC/B1G payout. At $300MM, FSU would owe $30MM+interest annually to pay off the debt in 10 years. This assumes a favorable negotiated settlement. At $572MM, FSU woul owe $52.7MM +interest annually for 10 years. This assumes FSU's number to buy their way out now. At $1 BB, FSU would owe $100MM +interest annually for 10 years. This would far exceed any money paid to them by the SEC or B1G. This assumes the ACC holds the line and demands the OU/UT multiplier (actually about 2.1). FSU can reasonable save and raise a few hundred million and when the SEC and/or B1G renegotiate in the early 2030s buy their way out for much less while still making some money in the process. All I can assume is that FSU honestly believes they have zero liability and are rolling the dice. We have hashed the likelihood of FSU succeeding to death and back and no one has figured out how to break the GOR, not Ut, OU, USC, UCLA, the B1G, SEC, ACC, private firms, etc., but FSU is going to school the world... My money is on the GOR right now, and I am not a gambler. [/QUOTE]
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