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Is FSU Really Buying Their Way Out?
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esayem Offline
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Post: #21
RE: Is FSU Really Buying Their Way Out?
I propose they build USF's new stadium (expandable, of course), pay their AAC exit fees, and then pay the difference for their GOR.
07-28-2023 12:33 PM
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ChrisLords Offline
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Post: #22
RE: Is FSU Really Buying Their Way Out?
(07-28-2023 08:22 AM)domer1978 Wrote:  I am all for it, but the admin are not. Thus, I just root for chaos.

Really? Your profile says you root for ND. So.... Notre Dame = Chaos.
07-28-2023 02:08 PM
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TerryD Offline
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RE: Is FSU Really Buying Their Way Out?
(07-28-2023 08:20 AM)Hokie Mark Wrote:  
(07-28-2023 08:09 AM)domer1978 Wrote:  Well I for one will be cheering FSU on from the sidelines if they do this. But can we wait till the end if the season? Need filler during downtime.

Perhaps Notre Dame would like to buy their way out of the GoR? We could all use an extra $3M+ per year in ACC land...
07-coffee3

No, ND is going to end up the last remaining member of the conference and is going to rake in all of those exit fees while remaining a football independent. :)

That is the secret ND realignment plan. Shhh....don't tell anyone.
(This post was last modified: 07-28-2023 02:21 PM by TerryD.)
07-28-2023 02:19 PM
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domer1978 Online
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Post: #24
RE: Is FSU Really Buying Their Way Out?
(07-28-2023 02:08 PM)ChrisLords Wrote:  
(07-28-2023 08:22 AM)domer1978 Wrote:  I am all for it, but the admin are not. Thus, I just root for chaos.

Really? Your profile says you root for ND. So.... Notre Dame = Chaos.

Updated.
(This post was last modified: 07-28-2023 03:08 PM by domer1978.)
07-28-2023 03:08 PM
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GarnetAndBlue Offline
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Post: #25
RE: Is FSU Really Buying Their Way Out?
(07-28-2023 09:47 AM)SouthernConfBoy Wrote:  Allowing oneself to be driven by a deep-seated inferiority complex is not a good thing.

FSU has defined itself as inferior, put upon, and underdog in all things for decades. The reason is simple - the Florida panhandle region was poor and rural in the 50's, 60's, 70's when compared to Miami, New Orleans, Atlanta, Nashville and now Orlando, Charlotte, and Raleigh-Durham. From an academic snobbery standpoint, FSU is far down the totem pole regarding Southeastern Academic snobs. Duke, Vandy, Emory, GT, and UNC far eclipse them. But there is a secondary tier led by UVa and Tulane that includes UF, NC State, VT, UGa, Miami, WF, Tennessee, and now USF, that structurally there is no way to overcome.

That leaves football as the basis of social competition. Alabama, Tennessee, Georgia, LSU, Clemson, Florida, and Auburn all have larger stadiums and draw crowds much larger than FSU. All of them were competitive at the national level at the beginning of the 20th Century - a party FSU took nearly 70 years to join.

Nothing cures the inferiority complex but winning at football can sooth the constant rash.

I think part of what a lot of ACC folks miss is that FSU's problem is not with the ACC per se, it's with their relation with Georgia, Auburn, Florida, and Alabama.

Even if the get into the SEC, they will be academically inferior to TAMU, Texas, Vandy, Florida, and Georgia. Their football stadium will be inferior to the one in Texas, TAMU, Bama, LSU, Tennessee, Florida, and Auburn. Tallahassee as a place live and visit will be inferior to Nashville, Athens, Baton Rouge, and Austin.

They are never going to be happy in the ACC, nor will they be happy in the SEC.

Your posts are consistently filled with bitter rubbish.

1. The panhandle is glorious.
2. The State of FL had almost zero college football tradition until Miami and FSU became national programs in the 1980's. UF? That school didn crack the top 10 rankings or win its conference trophy until the early 90's.

Seriously man...a FSU fan must have stole your girlfriend. It's pure comedy reading your rants. I check in from time to time just to see the meltdowns (and correct them).
07-28-2023 03:32 PM
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GTTiger Offline
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Post: #26
RE: Is FSU Really Buying Their Way Out?
(07-27-2023 09:21 PM)Hokie Mark Wrote:  I'm hearing rumblings that FSU has found a way out: they are going to borrow the money to buy their way out.

It'll cost as much as $500M with exit fee and GoR, but assuming they have a definite invitation to either the SEC or the Big Ten, they'll be able to pay it back over the next 10 years (or longer).

It's a HUGE loan, and a pretty big risk, but it's not out of the question.

Is it really going to happen, or are these just internet rumors? If it does happen, what comes next?

This doesn't make sense on any level.

I'm going to go from being one of the flagship schools at a major conference join a league where I've put myself in a half billion hole against my peers thus I'm already behind Georgia, Alabama, Ohio State, Michigan etc and be competing them on a weekly basis.

Or I can pull up my big boy pants for the next 5 or 6 years check the landscape and if I'm as valuable as I think I am, I still have a spot while having easier access to the playoffs.

If they pull it off more power to them and Wake Forest says thanks for the checks.
07-28-2023 04:51 PM
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SouthernConfBoy Offline
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Post: #27
RE: Is FSU Really Buying Their Way Out?
(07-28-2023 03:32 PM)GarnetAndBlue Wrote:  
(07-28-2023 09:47 AM)SouthernConfBoy Wrote:  Allowing oneself to be driven by a deep-seated inferiority complex is not a good thing.

FSU has defined itself as inferior, put upon, and underdog in all things for decades. The reason is simple - the Florida panhandle region was poor and rural in the 50's, 60's, 70's when compared to Miami, New Orleans, Atlanta, Nashville and now Orlando, Charlotte, and Raleigh-Durham. From an academic snobbery standpoint, FSU is far down the totem pole regarding Southeastern Academic snobs. Duke, Vandy, Emory, GT, and UNC far eclipse them. But there is a secondary tier led by UVa and Tulane that includes UF, NC State, VT, UGa, Miami, WF, Tennessee, and now USF, that structurally there is no way to overcome.

That leaves football as the basis of social competition. Alabama, Tennessee, Georgia, LSU, Clemson, Florida, and Auburn all have larger stadiums and draw crowds much larger than FSU. All of them were competitive at the national level at the beginning of the 20th Century - a party FSU took nearly 70 years to join.

Nothing cures the inferiority complex but winning at football can sooth the constant rash.

I think part of what a lot of ACC folks miss is that FSU's problem is not with the ACC per se, it's with their relation with Georgia, Auburn, Florida, and Alabama.

Even if the get into the SEC, they will be academically inferior to TAMU, Texas, Vandy, Florida, and Georgia. Their football stadium will be inferior to the one in Texas, TAMU, Bama, LSU, Tennessee, Florida, and Auburn. Tallahassee as a place live and visit will be inferior to Nashville, Athens, Baton Rouge, and Austin.

They are never going to be happy in the ACC, nor will they be happy in the SEC.

Your posts are consistently filled with bitter rubbish.

1. The panhandle is glorious.
2. The State of FL had almost zero college football tradition until Miami and FSU became national programs in the 1980's. UF? That school didn crack the top 10 rankings or win its conference trophy until the early 90's.

Seriously man...a FSU fan must have stole your girlfriend. It's pure comedy reading your rants. I check in from time to time just to see the meltdowns (and correct them).

1. The panhandle is glorious. 03-lmfao03-lmfao03-lmfao03-lmfao03-lmfao

The need to make a statement that is easy to disprove, and rooted in exaggeration goes hand in hand with inferiority complexes.

https://disabilitycompendium.org/compend...poverty/FL

https://www.flhealthcharts.gov/ChartsDas...r&cid=9774

Factually the panhandle as whole is the least educated and poorest part of Florida. Looking at the quartiles from the second citation, 10 of the 17 least educated counties are in the panhandle. Only 3 of the 13 are in the top quartile. Having driven through the panhandle and especially the parts not located directly on the Gulf Coast, it always looked sad and rough to me. No doubt the panhandle is great in some spots. My favorite beaches east of the Pacific and south of New York are on Florida/Bama Gulf Coast, but glorious?

Again, factually, the panhandle is better off than the Southeastern US Black Belt, the Southern Mississippi River Corridor, the two native American concentration in the Dakotas and the Four Corners, and in Coal Country in Eastern KY and West Virginia. Now this is not to say that Detroit or Baltimore are nice, because I think they suck, but no one from Maryland or Michigan seems to make claims that are contrary to what you can see for yourself.

Poverty and privation in proximity to wealth and privilage help to drive the feelings of inferiority and lure entities into competitions they can't afford.
(This post was last modified: 07-28-2023 05:28 PM by SouthernConfBoy.)
07-28-2023 04:56 PM
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ren.hoek Offline
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Post: #28
RE: Is FSU Really Buying Their Way Out?
Taking out a $500m loan would be a colossally stupid move that would essentially financial suicide. The ACC owns the rights, so they could even refuse to sell them. FSU would undoubtedly litigate, in which case the ACC should refuse to settle. Make them go all in and see what happens.
07-28-2023 06:42 PM
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krux Offline
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Post: #29
RE: Is FSU Really Buying Their Way Out?
(07-28-2023 05:51 AM)otown Wrote:  
(07-27-2023 10:39 PM)SouthernConfBoy Wrote:  Here is $500 M, 300 M and 150 M at 30 years and 8%:

Annual payment of $43 M, 26 M, 13 M each year for 30 years at $500 M, $300 M, and $150 M

Here it is at 20 years and 8%:

Annual payment of $50 M, 30 M, and 14 M

Run the numbers for a term of the remaining years on the ACC contract. They are even worse. So even with all the extra SEC or B1G money, they still would make a lot more just staying put and joining at the end of the ACC contract. The potential SEC/B1G invite will always potentially be there when they are ready to leave.

Soooooo aren't the B1G and SEC payouts projected to be around $75 mill? After the $50 mill annual payment they'd be netting $25 mill which is less than they make now, all while having a harder path to the playoffs. Doesn't make sense to me.
07-28-2023 08:24 PM
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green Offline
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Post: #30
RE: Is FSU Really Buying Their Way Out?
(07-28-2023 06:42 PM)ren.hoek Wrote:  Taking out a $500m loan would be a colossally stupid move that would essentially financial suicide. The ACC owns the rights, so they could even refuse to sell them. FSU would undoubtedly litigate, in which case the ACC should refuse to settle. Make them go all in and see what happens.

[Image: images-10-1.jpeg]

you assume acc comes out on top ...
in court ...
what if they don’t ...
dam burst ...

UNTESTED PROPOSITION
(This post was last modified: 07-28-2023 08:43 PM by green.)
07-28-2023 08:39 PM
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ren.hoek Offline
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Post: #31
RE: Is FSU Really Buying Their Way Out?
(07-28-2023 08:39 PM)green Wrote:  
(07-28-2023 06:42 PM)ren.hoek Wrote:  Taking out a $500m loan would be a colossally stupid move that would essentially financial suicide. The ACC owns the rights, so they could even refuse to sell them. FSU would undoubtedly litigate, in which case the ACC should refuse to settle. Make them go all in and see what happens.

[Image: images-10-1.jpeg]

you assume acc comes out on top ...
in court ...
what if they don’t ...
dam burst ...

UNTESTED PROPOSITION

Yep. Let it ride.
07-28-2023 09:26 PM
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CardinalJim Offline
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Post: #32
RE: Is FSU Really Buying Their Way Out?
(07-28-2023 08:22 AM)domer1978 Wrote:  I am all for it, but the admin are not. Thus, I just root for chaos.

As do I
I love chaos.
07-29-2023 08:58 AM
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CardinalJim Offline
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RE: Is FSU Really Buying Their Way Out?
If Louisville, Pittsburgh and Syracuse joined the Mag 7 programs looking to leave the conference, could that nullify the GOR.

None of the programs without a landing spot can afford to sit around and wait for the programs with predetermined destinations to leave.

It’s in everyone’s best interest to get this divorce over with as fast as possible.
07-29-2023 09:10 AM
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esayem Offline
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Post: #34
RE: Is FSU Really Buying Their Way Out?
(07-28-2023 08:39 PM)green Wrote:  
(07-28-2023 06:42 PM)ren.hoek Wrote:  Taking out a $500m loan would be a colossally stupid move that would essentially financial suicide. The ACC owns the rights, so they could even refuse to sell them. FSU would undoubtedly litigate, in which case the ACC should refuse to settle. Make them go all in and see what happens.

[Image: images-10-1.jpeg]

you assume acc comes out on top ...
in court ...
what if they don’t ...
dam burst ...

UNTESTED PROPOSITION

They signed the contract. Aren't you a lawyer? Why would anyone assume FSU has the upper hand?
07-29-2023 09:13 AM
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GTTiger Offline
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Post: #35
RE: Is FSU Really Buying Their Way Out?
(07-29-2023 09:10 AM)CardinalJim Wrote:  If Louisville, Pittsburgh and Syracuse joined the Mag 7 programs looking to leave the conference, could that nullify the GOR.

None of the programs without a landing spot can afford to sit around and wait for the programs with predetermined destinations to leave.

It’s in everyone’s best interest to get this divorce over with as fast as possible.

I don't understand the logic of this... ACC schools that may end up in the Big 12 for less or virtually even money?

This is the biggest fallacy of realignment, schools can't assume they will have future homes or the next target, none of them.

Colorado was probably in the bottom tier of desired pac 12 targets. Rutgers, Maryland, Missouri sound familiar?

This pre-emptive desire to blow up the ACC especially when revenue bumps are coming is just odd at this point.
07-29-2023 09:41 AM
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esayem Offline
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RE: Is FSU Really Buying Their Way Out?
(07-29-2023 09:41 AM)GTTiger Wrote:  
(07-29-2023 09:10 AM)CardinalJim Wrote:  If Louisville, Pittsburgh and Syracuse joined the Mag 7 programs looking to leave the conference, could that nullify the GOR.

None of the programs without a landing spot can afford to sit around and wait for the programs with predetermined destinations to leave.

It’s in everyone’s best interest to get this divorce over with as fast as possible.

I don't understand the logic of this... ACC schools that may end up in the Big 12 for less or virtually even money?

This is the biggest fallacy of realignment, schools can't assume they will have future homes or the next target, none of them.

Colorado was probably in the bottom tier of desired pac 12 targets. Rutgers, Maryland, Missouri sound familiar?

This pre-emptive desire to blow up the ACC especially when revenue bumps are coming is just odd at this point.

I don’t understand it either. Target the desirable Big XII schools a year or so before they renegotiate.
07-29-2023 09:50 AM
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dgrace4cards Offline
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Post: #37
RE: Is FSU Really Buying Their Way Out?
-I think FSU is willing to pay a certain amount of $ to get better games/atmospheres week in and week out and win/lose to different teams than BC and friends.....kinda have the Texas feels

-Is FSU willing to use the loan of ___$ per year and roll dice their lawyers can reduce number of years to repay for GOR and maybe exit fee?

-Is FSU semi bluffing to prove to ESPN/ACC they can get around GOR....does that even matter because ESPN knows what they're willing to/or not pay SEC to bring FSU and Clemson in, vs wanting to keep them in the ACC to keep their tv ratings solid in it over destroy them for benefit of SEC. Or is this about B10/Fox exclusively taking ESPN power out of it....

-Could ACC expansion of PAC pod be good enough for the weekly game atmospheres/$ made to please FSU, Clemson and others possibly more quiet but feeling the same way.

FSU if not bluffing sounds ready to go get a loan to pay themselves to be the next Texas in the SEC or B10 and see how that shakes out for them.
07-29-2023 10:29 AM
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green Offline
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Post: #38
RE: Is FSU Really Buying Their Way Out?
(07-29-2023 09:13 AM)esayem Wrote:  
(07-28-2023 08:39 PM)green Wrote:  
(07-28-2023 06:42 PM)ren.hoek Wrote:  Taking out a $500m loan would be a colossally stupid move that would essentially financial suicide. The ACC owns the rights, so they could even refuse to sell them. FSU would undoubtedly litigate, in which case the ACC should refuse to settle. Make them go all in and see what happens.

[Image: images-10-1.jpeg]

you assume acc comes out on top ...
in court ...
what if they don’t ...
dam burst ...

UNTESTED PROPOSITION

They signed the contract. Aren't you a lawyer? Why would anyone assume FSU has the upper hand?



https://twitter.com/Brett_McMurphy/statu...0538178560

I attended uf law school ...
but don’t practice ...
feel free to dismiss my legal recommendation ...
at your own peril ...

JUMP BALL
07-29-2023 12:13 PM
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Post: #39
RE: Is FSU Really Buying Their Way Out?
(07-29-2023 09:10 AM)CardinalJim Wrote:  If Louisville, Pittsburgh and Syracuse joined the Mag 7 programs looking to leave the conference, could that nullify the GOR.

None of the programs without a landing spot can afford to sit around and wait for the programs with predetermined destinations to leave.

It’s in everyone’s best interest to get this divorce over with as fast as possible.

Pitt's not dumb enough to blow up the conference and follow that convoluted logic. Count them out. Neither is Syracuse.
07-29-2023 12:51 PM
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random asian guy Offline
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Post: #40
RE: Is FSU Really Buying Their Way Out?
The only ACC school that can buy out is ND. And even ND would probably need some financial help from the B10 and/or some other schools that may join the B10 together.
07-29-2023 11:04 PM
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