Quote:As other conferences fought over exit fees, and even increased them, over the past decade, the SEC was the lone holdout. After all, who would ever want to leave the SEC?
Imagine my surprise as I ... stumbled across a new section about withdrawing from the conference complete with a new exit fee. ...
The additions to Section 3 of the conference bylaws begin with a requirement to give at least two years’ notice. ...
The biggest change of all though is the whopping $30-45 million exit fee the conference will now impose.
(08-12-2023 09:49 AM)SouthernConfBoy Wrote: Sovereign immunity does not get FSU it's money.
Since the ACC is not now attempting to lure a school from the Big 10 there is no cure to a tortuous interference claim against the B10 from the ACC for tampering with FSU. Discussions between WF and Purdue and Penn State would have come up had the ACC and B10 gone to war over MD.
A. Dave Teel will tell the ACC's side to the fullest extent that the ACC wants to tell it. B. Other reporters are not in that loop and some of them are just plain bull **** artists and morons.
C. Common sense State of NC politics is at play so if you understand that you understand the platform from which State and UNC operate.
The 'sovereign immunity' thing is a message-board urban legend.
David Teel, a journalist I also respect, is plainly not ready for the new normal. He talks about the past a lot. He likes to imagine Florida State's concerns about the revenue gap as being some peculiar thing unique to it, and all the North Carolina schools remaining one big happy in the ACC because Tobacco Road.
Quote:These changes came ahead of Texas and Oklahoma being announced as new additions to the SEC in July 2021. However, sources at two SEC schools suggested the changes were made as a result of supplemental distributions the conference made to help cover costs during the pandemic.
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Looks like ACC expansion has hit a roadblock
