I
Joined:
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What is your question?
This I assume:
"As far as the cost to exit, tell me how you believe that has evolved so we can have a better basis for discussing your fiction versus facts."
REPEATED ANSWER: The ACC contract ends before 2036 if ESPN does not extend the option past 2026. That was discovered in the FSU lawsuit after nearly every outlet claimed the contract was unbreakable through 2036. Yea, I would say that is a definition of "evolved". The exit fee is 3X the ACC operating budget. The media rights fee owed to ESPN (not the ACC) is tied into the media contract. If that ends in 2026 the fee is much less than original $500 million reported had the contract ran its course for another 13 seasons. In simpler terms...if someone exits the ACC in 2025 and the ESPN contract runs through 2026 - a member owes one year of media rights + an exit fee. Likely around $150 million. Not another 11 years of media rights.
You are going round and round because you don't like the answer. The ACC cannot for example, renegotiate a contract that pays each school $1 a year and then tell the members too bad you signed a contract. When the ESPN contract ends at the agreed to rate, the media rights end. The GoR exit fees do not.
If you do not agree, that's your prerogative. But Clemson doesn't even agree the GoR is enforceable. Hence a lawsuit.
Tell me, how does the ACC/ESPN contract work using facts?
Thread Replies (45)
SIR: ACC ending sooner than people thought? I started out skeptical, but
-- Stech
Apr 05, 2024 at 09:13 AM ET
Stech
•
04/05/24 09:13 AM ET
FSU does not owe a fiduciary duty to the ACC
-- INSIDE99
Apr 06, 2024 at 05:01 PM ET
INSIDE99
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04/06/24 05:01 PM ET
Agreed, people are missing that, details can get after you now!! 🤣🤣**
-- Stech
Apr 06, 2024 at 05:31 PM ET
Stech
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04/06/24 05:31 PM ET
Another incorrect interpretation.......
-- 2hhoop3
Apr 06, 2024 at 05:24 PM ET
2hhoop3
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04/06/24 05:24 PM ET
Depends on who is doing the interpretation
-- INSIDE99
Apr 08, 2024 at 12:25 AM ET
INSIDE99
•
04/08/24 12:25 AM ET
Virginia Tech will compete for a 2024 playoff spot on Dec 7
-- INSIDE99
Apr 08, 2024 at 07:49 PM ET
INSIDE99
•
04/08/24 07:49 PM ET
2hhoop3, you've been more than patient with this troll, which
-- saret
Apr 08, 2024 at 09:58 PM ET
saret
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04/08/24 09:58 PM ET
the ACC will not make this be played out by half knowing at best
-- VTCALS72
Apr 05, 2024 at 01:19 PM ET
VTCALS72
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04/05/24 01:19 PM ET
I am less and less sure of that
-- VTCALS72
Apr 05, 2024 at 07:10 PM ET
VTCALS72
•
04/05/24 07:10 PM ET
Why would the GOR need to be renegotiated?
-- VTCALS72
Apr 05, 2024 at 08:25 PM ET
VTCALS72
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04/05/24 08:25 PM ET
The GoR does not need renegotiated
-- INSIDE99
Apr 05, 2024 at 09:44 PM ET
INSIDE99
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04/05/24 09:44 PM ET
Given that Clemson filed its lawsuit against the ACC in Pickens County, SC,
-- VTHokie2000
Apr 05, 2024 at 09:54 PM ET
VTHokie2000
•
04/05/24 09:54 PM ET
Is there a possibility that the right of venue can't be resolved because
-- VTHokie2000
Apr 05, 2024 at 10:58 PM ET
VTHokie2000
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04/05/24 10:58 PM ET
I didn't get too far. Does the GOR agreement "guarantee" a figure?
-- VTCALS72
Apr 05, 2024 at 09:48 PM ET
VTCALS72
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04/05/24 09:48 PM ET
Schools sold their media rights to the ACC until July 1, 2037
-- mrcaniac
Apr 05, 2024 at 09:05 PM ET
mrcaniac
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04/05/24 09:05 PM ET
Yep but FSU wants to make a stew out of the GOR and the ESPN deal.
-- VTCALS72
Apr 05, 2024 at 09:50 PM ET
VTCALS72
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04/05/24 09:50 PM ET
Given that the original GOR defined "ESPN Agreement" and the amended GOR
-- VTHokie2000
Apr 05, 2024 at 10:41 PM ET
VTHokie2000
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04/05/24 10:41 PM ET
I hear you but that is why I said it will have to be determined in court
-- VTCALS72
Apr 05, 2024 at 10:55 PM ET
VTCALS72
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04/05/24 10:55 PM ET
Maybe so, but I thought the original agreement addressed that issue by
-- VTHokie2000
Apr 05, 2024 at 11:03 PM ET
VTHokie2000
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04/05/24 11:03 PM ET
That if for a court to decide
-- VTCALS72
Apr 06, 2024 at 09:02 AM ET
VTCALS72
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04/06/24 09:02 AM ET
Why would it go to federal court? NC case will be final**
-- SpeakToDamien
Apr 05, 2024 at 01:52 PM ET
SpeakToDamien
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04/05/24 01:52 PM ET
The Commerce Clause because it gives the federal government the power to
-- VTHokie2000
Apr 05, 2024 at 02:50 PM ET
VTHokie2000
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04/05/24 02:50 PM ET
No. Go to law school.**
-- SpeakToDamien
Apr 05, 2024 at 09:19 PM ET
SpeakToDamien
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04/05/24 09:19 PM ET
You should take your own advice. I would suggest you take a course on
-- VTHokie2000
Apr 05, 2024 at 09:38 PM ET
VTHokie2000
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04/05/24 09:38 PM ET
I'm not a litigator
-- SpeakToDamien
Apr 05, 2024 at 10:37 PM ET
SpeakToDamien
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04/05/24 10:37 PM ET
Given that the ACC and FSU have 2 cases, they have to settle the right of
-- VTHokie2000
Apr 05, 2024 at 11:09 PM ET
VTHokie2000
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04/05/24 11:09 PM ET
is FSU even making that argument?
-- daveinop
Apr 05, 2024 at 03:29 PM ET
daveinop
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04/05/24 03:29 PM ET
FSU does not want any part of that.**
-- VTCALS72
Apr 05, 2024 at 07:12 PM ET
VTCALS72
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04/05/24 07:12 PM ET
Not yet. There may be a couple things in play that could determine if
-- VTHokie2000
Apr 05, 2024 at 03:55 PM ET
VTHokie2000
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04/05/24 03:55 PM ET
Because, IMHO. FSU threw so much up against the wall
-- VTCALS72
Apr 05, 2024 at 02:28 PM ET
VTCALS72
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04/05/24 02:28 PM ET
I wondered when this video would make it here.
-- DMaroonHokie
Apr 05, 2024 at 11:54 AM ET
DMaroonHokie
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04/05/24 11:54 AM ET
These cases are not getting resolved before June lol**
-- SpeakToDamien
Apr 05, 2024 at 10:29 AM ET
SpeakToDamien
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04/05/24 10:29 AM ET
because the contract terms are proprietary?
-- daveinop
Apr 05, 2024 at 09:23 AM ET
daveinop
•
04/05/24 09:23 AM ET