What is a GOR?

[Orijinal]

See this being thrown around a lot with respect to realignment discussions. Can someone translate and define?

 

[OrangeCrush22]

It means Grant Of Rights.

It's basically a contract where you sign off all your media rights to the conference for a set amount of time. Meaning if you change conferences your former conference still owns your media rights.

 

[44PRIDE]

With regards to conference realignment, Grant of Rights (GOR) means that schools have signed their media rights to the conference for a period of time.

Taking the most recent B12 contract as an example, their deal includes a "grant of rights" agreement. This means if a Big 12 school leaves for another league in the next 13 years, that school's media rights, including revenue, would remain with the Big 12 and not its new conference.

 

[Orijinal]

Appreciated. Now I am able to feel a little less ignorant in life

 

[Orijinal]

Those Grant of Rights deals sound a little exorbitant and ridiculous .Could be the next closest thing to selling your soul to Satan

 

[Toga]

According some legal views on this board, $50M may not pass the liquidated damages test - so why would a 13 year GOR?

 

[44PRIDE]

I know the B1G's had a fairly substantial GOR in place for some time. Apparently that was one of the reasons given as to why Penn State would never consider leaving the B1G