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FSU vs The ACC
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[QUOTE="HtownOrange, post: 4957603, member: 622"] Contracts obligate all parties. ESPN is obligated to pay the ACC for FSU’s rights. FSU can play in the SEC but their home games benefit the ACC and all FSU driven revenue goes to the ACC. Even then, the ACC could fight under a specific performance theory to block FSU from playing in the SEC. ESPN is equally locked into the contract as the ACC and each member school. The law favors contracts and will only void or break them for a legal basis. FSU wanting more money is not a legal basis. besides, ESPN pays FSU the ACC rate, why would ESPN voluntarily pay more for FSU in the SEC? There is no new consideration or benefit. Finally, can a deal be worked out? Sure, but all parties have to agree to the deal. For the ACC to agree, there is the withdrawal fee and the buy back of the TV rights. FSU admits these total no less than $572MM but has no money to pay the withdrawal fee or buy back their rights. The point is moot. FSU is hoping to drive a wedge and get out cheap. [/QUOTE]
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