You are technically right about the $400-$500M, but that is the
starting point of a negotiation. FSU or anyone else will not pay anywhere near $400M to leave the conference, I would assume that most would agree.
The other end of that "negotiation" is zero.
$20M a year until the GOR expires is $260M. That is just over 1.5M per school for the remainder of the ESPN contract. If 2 Teams take the deal, that is over 3M per year, and so on.
So, holding a school hostage when they have an opportunity to go to the P2 will not end well, but if the ACC is in a position to get that kind of money for the length of the media contract, I think it would be insane not to explore a "reasonable" exit fee.
Thread Replies (3)
Could ACC add 9th conf game and sell those rights to streaming?**
-- hokiesrule98
Aug 08, 2023 at 08:40 PM ET
hokiesrule98
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08/08/23 08:40 PM ET
You are technically right about the $400-$500M, but that is the
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-- Big12 guy
Aug 09, 2023 at 07:46 AM ET
Big12 guy
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08/09/23 07:46 AM ET
No. ESPN would still own the rights to them.
-- tarheelblue
Aug 08, 2023 at 08:48 PM ET
tarheelblue
•
08/08/23 08:48 PM ET