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vtox1 OP
Aug 21, 2023 at 07:34 PM ET
Still no word on ACC expansion. Reports that FSU may leave for 2025 season
Announce soon? Raising private equity to pay off ACC. I am skeptical. Most interesting reporting is that FSU, Clemson and couple of others have communicated with both B10 and SEC about leaving ACC joining. No one knows what type of response they got? Rumors all over the map that B10 would take 2 from east Miami and either UNC or UVA. Some reports that B10 not interested in FSU & Clemson, others that they are same with SEC. Who knows? One would think FOX would want them and ESPN would want to keep. Interesting that NCSU and UNC are sticking together on Calford vote? Do we believe reports that their 11 votes to add calford? Are VT UVA on board? Wonder who else has talked to B10 and/or SEC thru 3rd parties? VT? Uva? UNC? NCSU? Very tense time, I just do not see how all this is sustainable for Olympic sports in B12 and B10 long term. How can FSU break the GOR anytime soon and not be financially strapped for years, paying off debt?

26 Replies

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33laszlo99
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. $25 million is better than zero. They will be in favor of settling the issue. If the amount is too high, Clemson and other schools will be deterred from following FSU. The Pitts of the world will want another round of departures by Clemson, UNC, Miami, whomever. They want the cost of leaving to be affordable (but not cheap) so that they can collect more exit fees, more rights buy-backs. We all think these less prominent programs fear a breakup of the conference. Maybe they do, but when the process is set in motion, they will milk the cow for every cent they can get. They will not resist the breakup. The latest rumor (reliable? don't know) says FSU planned to notify Phillips in 1Q '24. Now the word is that they will tell him sooner than that. In either case, the plan is to be out of this conference for the 2025 football season.
HokieToph HokieToph
FSU has to have a place to go before they leave. SEC doesn't need them and
BIG doesn't want them.
Maroon Unit Maroon Unit
The B1G still has that pesky AAU membership criteria. F$U and Clemson
are not members of AAU. scUM and UNCheat are members. So is UVa. VT checks all AAU membership boxes but has not been invited to join (yet). F$U and Clemson are lacking several quals for AAU membership. Could the B1G abandon that criteria? Possibly. ** Edited by Maroon Unit at 8/22/2023, 5:04:21 AM
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marcbvtgm
There is no AAU criteria. Never has been.
It may be a preference, but it is not a requirement. Even if it was, the folks who make the rules also can change the rules. I wish folks would stop repeating it and stop forming opinions based on it.
Maroon Unit Maroon Unit
So AAU membership has just been a coincidence? Not according to this
article. The B1G may indeed relax it's stance on membership but it still looms and is a factor for considering new members.
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VPI47
If Fox wants a school, school suits just go along.
AAU mattered more before tv execs called the alignment shots
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Windows NT
I hope they leave. VT could use the extra cash
HokieDelNorte HokieDelNorte
Short-term solution similar to shooting self in foot.
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WarHog38
Saw That the ACC Did Meet Last Friday About Expansion
Obviously still didn't have votes to pass.I did see Sports Illustrated is taking FSU somewhat seriously. This board is on a Virginia Tech website. I say that because Tech is a school that at least somewhat should at least be on the fence about an FSU defection. I mean Tech is one of two schools in a big population state that neither the SEC or BIG presently occupy. I past related in a post or two here that I am personally not fond of the FSU fan base. However I fit in perfectly here because FSU is painted the villain by many here every day. I am just imagining how the fan bases of Wake, BC & Duke feel about FSU. FSU is making themselves the most hated member of any conference in this country. Why is FSU doing that? I can only see two possible logical reasons. First, FSU is just pulling out all the stops in an all out effort to haggle more money from their ACC cohorts. Or secondly, FSU is dead serious and simply running interference for other ACC members to join them. Time will tell how this all plays out.
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2hhoop3
FSU does not.......
have a history of looking out for others or running interference for anyone other than themselves so it is fairly reasonable to doubt they would be doing that now. They could still be serious solely on their own behalf. Sports Illustrated becomes a bigger joke with each passing day and a periodical once considered a standard has become largely a clickbait joke. I think the reality is the Noles saw last year's 10-3 season as an opportunity to scream for more money while concocting a ready made excuse should current year results revert to the mean. Their plan was ill conceived, poorly executed and has left them looking more pathetic and weak than their record and follies since 2014 did. They have crawled far out on a limb and it may get cut off leaving them in a freefall. Drew Weatherford, with his sports, education and business background should have been an asset but, so far he appears more puppet than prophet.
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Truthahn
FSU always has a lot of loose cannon alumni.
I think their administration is just telling them "ya, you are right. Maybe we should leave. We will look into that." to keep them from mutinying. FSU was part of a group considering leaving to join the B12, the previous time the B12 had some teams leave ten years ago. The B12 was down to eight I think and was trying to get six top ACC teams to join them. I assume this was basically the MAG7 group. FSU chickened out, could not get the group to go along, or otherwise decided it was too dumb to do. That was led by a bunch of dumb, rich, loudmouth alumni, IIRC, back then, too.
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2hhoop3
When Bobby Bowden......
left the building there were no longer any adults with a clue left in the building. It is a testament to the strength of the program he built that the clown Jimbo Fisher was able to win one more championship before it crumbled. Now they have a guy that was a fundraiser for the Boosters running the AD, a chemistry prof as head of the university and a collection of Trustees behaving like blindmen in a doorknob factory. ** Edited by 2hhoop3 at 8/22/2023, 11:37:19 AM
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4x4hokies
This just feels like a rumor to destabilize the ACC.
The Big12 wants to change the narrative that they're unstable and turn it into them being the P3 now. Adding Utah and some of the worst football teams doesn't suddenly make you a Power conference. I don't see how FSU gets to leave without a reaction by ESPN that'll cost everyone a lot of money.
Vienna_Hokie Vienna_Hokie
think you're watching too much TV
this isn't some grand conspiracy to destabilize the ACC, it's click bait reporters spewing whatever garbage they can come up with to get people to click and follow them. Even the headlines on actual statements are BS, because they leave out actual words from their quotes that completely change what was said.
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SpeakToDamien
It's 99% click bait BS, but prominent members of FSU leadership
Have said crazy stuff repeatedly.
Vienna_Hokie Vienna_Hokie
what crazy stuff have they said?
Not trying to defend them, but the only statements I have seen them make are that if something is done about the revenue gap with the BIG and SEC, they will have to look at their options (paraphrasing). There are a lot of reports about stuff from the same sources that have been wrong about every report, but I have not seen an statement from any FSU official that said much different than that. Have you?
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SpeakToDamien
I believe it was president of their trustees
Yes, he said that - gap wasn't sustainable, etc. Sabre rattling to appease his base and threaten the ACC. But he also said repeatedly that the GOR wouldn't be an obstacle. That's legally and factually wrong and needlessly fanning the flames to make the fans think their is an out.
Vienna_Hokie Vienna_Hokie
that's just more of what you said, rattling to appease the unwashed masses
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tarheelblue
2025? More like 2035.
Vienna_Hokie Vienna_Hokie
and those are different from the FSU reports for the last month how?
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SpeakToDamien
Acc meeting tomorrow?
If there is a vote, Stanford and Cal must be in. And how does private equity make sense? You are going to raise $500mm + in private equity to (1) make up a $20mm annual delta and (2) get zero revenue from a new conference until 2036? And we don't even think fsu is wanted by the P2.
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SpeakToDamien
False alarm from Twitter lol. Regularly scheduled
Vienna_Hokie Vienna_Hokie
LOL as usual, another panic thread based on....NOTHING
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vtox1 OP
Yeah, I tend to think FSU is p*ssing in the wind on this. Not sure how #s
Can work? Question is can you really blow up conference with 8 votes and GOR along with it? I am skeptical even that could be done without a questionable ugly legal battle over it and all the $$$. ACC feels alot like the Big East did in 2003, except much harder and more costly for Miami in this case FSU to leave. If 8 can't blow up conference and GOR with it, and ESPN will pay more for SMU, CAL and Stanford; then I am not sure why FSU, Clemson, UNC, NCSU would not support expansion, especially with the new schools foregoing or taking dramatically low share of media $$$ for several years? Is delay all about ACC getting best deal out of schools in terms of low payouts early in their membership? and FSU and others pushing for new money to be distributed based on merit model vice = share? Another issue is apparently UNC/NCSU were ready to flip vote if Calford membership were for football and basketball only. Not sure that arrangement is even allowed by ncaa? and how desperate is Calford creates problem for them. ** Edited by vtox1 at 8/21/2023, 8:03:28 PM
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Truthahn
Navy is football only to the American.
We were a football only member for a long time in the BEFC. UMass and Temple were in the MAC the same way, I believe. Maybe Idaho in the Sunbelt for a while, too? If we only want the CA schools for football, then we should be able to do that. I think a football only conference might not be allowed, although that should be easy to get around, IMO, but have a full conference of some of the members, like the BEFC.
sacramento hokie sacramento hokie
I think their poker gambit is just about toast
They can’t make the money work is what I have heard EVEN if offered ( re the penalty $) And crickets are chirping with any SEC / Big 10 offers…