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

3
Joined: 02/21/2013
Posts: 1,666
Likes: 766

FSU is being accused of being all bluster and no action. We will see.

"How can FSU break the GOR anytime soon and not be financially strapped for years, paying off debt?" I think statements like this are also exaggerations of the reality. The actual amount of the exit fee will be nowhere near $120 million. And the buy-back of FSU's rights will be quicker and less costly than most predictions. Pitt, Syracuse, etc. will have to acknowledge, at some point, that the conference is crumbling. FSU's departure will be the first blow. The shared money from the exit fee and any settlement on the rights buy-back will be helpful to them. If the conference takes a hard stand in refusing to negotiate the GoR, these schools get zero. $25 million is better than zero. They will be in favor of settling the issue. If the amount is too high, Clemson and other schools will be deterred from following FSU. The Pitts of the world will want another round of departures by Clemson, UNC, Miami, whomever. They want the cost of leaving to be affordable (but not cheap) so that they can collect more exit fees, more rights buy-backs. We all think these less prominent programs fear a breakup of the conference. Maybe they do, but when the process is set in motion, they will milk the cow for every cent they can get. They will not resist the breakup. The latest rumor (reliable? don't know) says FSU planned to notify Phillips in 1Q '24. Now the word is that they will tell him sooner than that. In either case, the plan is to be out of this conference for the 2025 football season.
Posted: 08/22/2023 at 05:54 PM ET
(In response to this post by vtox1)

Thread Replies (26)

Full Thread →
Still no word on ACC expansion. Reports that FSU may leave for 2025 season
vtox1 08/21/23 07:34 PM ET
FSU is being accused of being all bluster and no action. We will see.
33laszlo99 08/22/23 05:54 PM ET
FSU has to have a place to go before they leave. SEC doesn't need them and
HokieToph 08/22/23 01:41 PM ET
The B1G still has that pesky AAU membership criteria. F$U and Clemson
Maroon Unit 08/22/23 05:02 AM ET
There is no AAU criteria. Never has been.
marcbvtgm 08/22/23 05:57 PM ET
So AAU membership has just been a coincidence? Not according to this
Maroon Unit 08/23/23 04:23 AM ET
If Fox wants a school, school suits just go along.
VPI47 08/23/23 10:30 AM ET
I hope they leave. VT could use the extra cash**
Windows NT 08/21/23 09:28 PM ET
Short-term solution similar to shooting self in foot. **
HokieDelNorte 08/22/23 07:27 AM ET
Saw That the ACC Did Meet Last Friday About Expansion
WarHog38 08/21/23 09:20 PM ET
FSU does not.......
2hhoop3 08/21/23 09:38 PM ET
FSU always has a lot of loose cannon alumni.
Truthahn 08/22/23 11:23 AM ET
When Bobby Bowden......
2hhoop3 08/22/23 11:32 AM ET
This just feels like a rumor to destabilize the ACC.
4x4hokies 08/21/23 09:08 PM ET
think you're watching too much TV
Vienna_Hokie 08/21/23 09:15 PM ET
It's 99% click bait BS, but prominent members of FSU leadership
SpeakToDamien 08/21/23 09:27 PM ET
what crazy stuff have they said?
Vienna_Hokie 08/21/23 09:33 PM ET
I believe it was president of their trustees
SpeakToDamien 08/21/23 09:41 PM ET
that's just more of what you said, rattling to appease the unwashed masses**
Vienna_Hokie 08/21/23 09:44 PM ET
2025? More like 2035.**
tarheelblue 08/21/23 08:12 PM ET
and those are different from the FSU reports for the last month how?**
Vienna_Hokie 08/21/23 07:52 PM ET
Acc meeting tomorrow?
SpeakToDamien 08/21/23 07:43 PM ET
False alarm from Twitter lol. Regularly scheduled**
SpeakToDamien 08/21/23 08:23 PM ET
LOL as usual, another panic thread based on....NOTHING**
Vienna_Hokie 08/21/23 08:27 PM ET
Yeah, I tend to think FSU is p*ssing in the wind on this. Not sure how #s
vtox1 08/21/23 08:02 PM ET
Navy is football only to the American.
Truthahn 08/22/23 11:32 AM ET
I think their poker gambit is just about toast
sacramento hokie 08/21/23 08:45 PM ET