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hokieZ71
Joined: 01/03/2007
Posts: 18,413
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They aren’t paying the ACC $35 million a year.

They are paying every cent they earn in their new conference. To the ACC. They stay in the ACC and they earn equal To their peers. They move to the SEC and they earn $100M less than their peers. For over a decade. And if you think the assumption that the newer contracts in 2036 will be more than They are now, much less equal, given the state of TV subscriptions, pulling the plug, less live TV, ratings declines in college football, well, that’s kinda silly to dig yourselves a half billion dollars in debt…
Posted: 07/11/2022 at 11:14 AM ET
(In response to this post by El Paso Hokie)

Thread Replies (21)

Full Thread →
Our best move is probably to cling to the GoR and make bank off defectors.
Maroon Effect 07/10/22 07:54 PM ET
The money goes to the ACC. Gotta stay to collect.**
hokieZ71 07/11/22 11:07 AM ET
True. But tv revenue gap will make haves (sec) and have nots of acc worse
3TechFanz 07/11/22 09:10 AM ET
I think it takes a long time to make the GOR $ thought, right?**
MrBayAreaHokie 07/11/22 09:06 AM ET
Payout every year. **
133743Hokie 07/11/22 09:10 AM ET
But Marron said
MrBayAreaHokie 07/11/22 09:13 AM ET
What if there is no "bank" to be had?
El Paso Hokie 07/11/22 12:43 AM ET
They aren’t paying the ACC $35 million a year.
hokieZ71 07/11/22 11:14 AM ET
The "defectors" athletic departments would be bankrupted. How can they
133743Hokie 07/11/22 06:25 AM ET
As I explained two days ago (Link)
El Paso Hokie 07/11/22 09:05 AM ET
Gonna borrow $100M per year for 13 years? How do you pay that back?
133743Hokie 07/11/22 09:14 AM ET
Borrow $35M/year to cover what they currently live with
El Paso Hokie 07/11/22 09:50 AM ET
How do they compete in the new conference? Doormat status for 23 years
133743Hokie 07/11/22 10:03 AM ET
On the backs of students!**
Stork 07/11/22 09:42 AM ET
Probably could finance that with high interest bonds**
MrBayAreaHokie 07/11/22 09:08 AM ET
Where would the money come from to pay off the bonds? **
133743Hokie 07/11/22 10:04 AM ET
eventually the GORred conf gets their cash flow back
MrBayAreaHokie 07/11/22 10:10 AM ET
So you aren't going to pay on the bonds for 13 years? Then at that point
133743Hokie 07/11/22 11:19 AM ET
So will those schools receive zero media payments for over a decade?
EDGEMAN 07/11/22 06:18 AM ET
No**
133743Hokie 07/11/22 09:23 AM ET
interesting what ifs
daveinop 07/11/22 07:26 AM ET
No**
133743Hokie 07/11/22 06:25 AM ET