All Hokie, All the Time. Period. Presented by First Bank & Trust Company

1
Joined: 10/07/1999
Posts: 37,337
Likes: 11,553
Founder Lifetime

Yep. Its punitive and it was meant to be as the intent was to tie the

member schools together in a common cause and discourage any member from leaving. And as that SEC media fee increases so does the amount owed to the ACC. In total will be well in excess of $1B by the time it's over. ** Edited by 133743Hokie at 7/8/2022, 3:28:30 PM
Posted: 07/08/2022 at 03:26 PM ET
(In response to this post by VTStylez9)

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