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VTStylez9
Joined: 12/08/2004
Posts: 8,017
Likes: 7,414
VTStylez9

$120M fee to leave the conference AND they still have your media rights

That means it will end up costing hundreds of millions of dollars for a team to leave the ACC. Doesn't seem likely unless they can negotiate a buyout or something. Quick math says that SEC teams currently make about $60M per year. 60M x 14 = $840M + $120M buyout = $960M dollars to leave the conference.... ** Edited by VTStylez9 at 7/8/2022, 3:17:00 PM
Link: Twitter
Posted: 07/08/2022 at 03:14 PM ET

Thread Replies (21)

Full Thread →
$120M fee to leave the conference AND they still have your media rights ◄
VTStylez9 • 07/08/22 03:14 PM ET
I'll say it 'til I'm blue in the face...the way out is 10 votes
daveinop • 07/08/22 04:13 PM ET
14 years of their new conferences distributions**
133743Hokie • 07/08/22 07:10 PM ET
and if its 10 vote, they will never get i
vtka93 • 07/08/22 04:57 PM ET
they might allow
daveinop • 07/08/22 05:25 PM ET
Has it been confirmed that it is in fact 10 votes?****
vtka93 • 07/08/22 04:54 PM ET
yes, bylaws require 2/3 vote for media deals**
daveinop • 07/08/22 05:13 PM ET
$500M according to Dennis Dodd
TabbHokie • 07/08/22 04:02 PM ET
Likely more than twice that. Very onerous. **
133743Hokie • 07/08/22 06:59 PM ET
FSU, Mia, Clem, UNC, UVA, GT, Duke and VT/NCS/Lou/Pitt leave.....GOR =$0.00**
CrystalCoveHokie • 07/08/22 06:44 PM ET
$500 million would be a good start.
tarheelblue • 07/08/22 04:55 PM ET
Whoever came up with that number has no real clue
vtka93 • 07/08/22 04:51 PM ET
Yep. **
133743Hokie • 07/08/22 07:00 PM ET
Man, if 5 schools leave and we spread their payments over 5 years
hokieZ71 • 07/08/22 04:24 PM ET
Its not lump sum. Its each year as earned**
133743Hokie • 07/08/22 07:00 PM ET
No, there will be a settlement.**
hokieZ71 • 07/08/22 07:30 PM ET
I always thought with the ACC retaining the rights...
hokieball • 07/08/22 03:32 PM ET
No. The ACC owns their media rights. If they jump to the SEC and get $80M
133743Hokie • 07/08/22 07:04 PM ET
Ah that makes sense. The new conference would definitely ot like that deal**
VTStylez9 • 07/08/22 03:38 PM ET
if going from ACC (Espn) to $EC (E$PN) will the Mouse step in**
Jeffrey4VT • 07/08/22 03:28 PM ET
Isn't the mouse already at odds with ESPN over cable vs streaming?******
vtka93 • 07/08/22 04:54 PM ET
Yep. Its punitive and it was meant to be as the intent was to tie the
133743Hokie • 07/08/22 03:26 PM ET