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Is FSU Really Buying Their Way Out?
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GoWulfPak Offline
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Post: #41
RE: Is FSU Really Buying Their Way Out?
Texas and Oklahoma, with all the financial resources at their disposal, couldn't exit the XII early.


But FSU is going to leave 10 years early?
07-30-2023 08:18 AM
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green Offline
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Post: #42
RE: Is FSU Really Buying Their Way Out?
Quote:Texas and Oklahoma have reached an early exit agreement with the Big 12 that will see the powers depart for the SEC following the 2023-24 athletic season. The Big 12 and both programs announced Thursday night that the Longhorns and Sooners will pay early withdrawal fees of a combined $100 million to join the SEC in 2024, a full season earlier than originally planned.

EARLY RELEASE FROM PRISON
07-30-2023 09:33 AM
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domer1978 Offline
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Post: #43
RE: Is FSU Really Buying Their Way Out?
I find it very unlikely FSU can get out do to cost. I hope for them too, but hope doesn't pay the bills.

Unless thee coerced them or lied to them I see little wiggle room.
07-30-2023 10:17 AM
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TerryD Offline
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Post: #44
RE: Is FSU Really Buying Their Way Out?
(07-29-2023 11:04 PM)random asian guy Wrote:  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.

ND isn't interested in buying anything out.

It likes the status quo, as is (channeling Yogi Berra).

But..........if ND is thinking about change, it would do well with "waiting out" instead of "buying out".

Sign a 5 year NBC extension and let the GOR clock tick..... (earning perhaps $50 million a year from NBC and $17-20 million a year from the ACC/ESPN/ACC Network deals).

If the ACC did dissolve in the meantime, then no exit fee payment or GOR issues for ND.

If it doesn't dissolve and ND wants to make a change in 2030, the exit fee can be negotiated down and the GOR is much less of a deterrent.

Jack Swarbrick has long called this "monitoring the landscape".

That is what I think ND will do. Sign the NBC deal, stay indy, maybe play a few more Big Ten teams to appease NBC and keep the rest in the ACC.
(This post was last modified: 07-30-2023 10:36 AM by TerryD.)
07-30-2023 10:24 AM
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TexanMark Offline
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Post: #45
RE: Is FSU Really Buying Their Way Out?
(07-28-2023 03:08 PM)domer1978 Wrote:  
(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.

With fans like you who needs enemies?

Remember who bailed your ass out in 2020?
07-30-2023 10:26 AM
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TerryD Offline
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Post: #46
RE: Is FSU Really Buying Their Way Out?
(07-30-2023 10:26 AM)TexanMark Wrote:  
(07-28-2023 03:08 PM)domer1978 Wrote:  
(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.

With fans like you who needs enemies?

Remember who bailed your ass out in 2020?


That was a mutually beneficial business decision, not an act of charity.

I don't seek chaos. I prefer status quo.

Personally, I want the ACC to survive and wish it luck
(This post was last modified: 07-30-2023 10:33 AM by TerryD.)
07-30-2023 10:31 AM
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TexanMark Offline
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Post: #47
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 find it odd too. There is something to be said for a relative tight footprint along the Atlantic Coast. The ACC should be able to get 2 teams into the expanded playoffs in many years. But get ready to hear why 3 and 4 loss SEC schools should get in over 1-2 loss teams from Conference X.

Let it play out...the unintended consequences will rear their ugly head soon enough.
07-30-2023 10:43 AM
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TexanMark Offline
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Post: #48
RE: Is FSU Really Buying Their Way Out?
(07-30-2023 10:31 AM)TerryD Wrote:  
(07-30-2023 10:26 AM)TexanMark Wrote:  
(07-28-2023 03:08 PM)domer1978 Wrote:  
(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.

With fans like you who needs enemies?

Remember who bailed your ass out in 2020?


That was a mutually beneficial business decision, not an act of charity.

I don't seek chaos. I prefer status quo.

Personally, I want the ACC to survive and wish it luck
Ha, really? You maybe had a 5 game schedule. You conveniently set your conference football chastity aside to join as a member. It gave you a vehicle to the playoffs.

Remember the ACC was always your first 03-lmfao

The ACC benefitting was secondary. The league could have played a full schedule with or without ND. ND not so much.
07-30-2023 10:51 AM
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domer1978 Offline
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Post: #49
RE: Is FSU Really Buying Their Way Out?
(07-30-2023 10:26 AM)TexanMark Wrote:  
(07-28-2023 03:08 PM)domer1978 Wrote:  
(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.

With fans like you who needs enemies?

Remember who bailed your ass out in 2020?

ND is not in the friend making business, we have business relationships. At least I hope that is the way we approach it
07-30-2023 01:31 PM
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XLance Offline
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Post: #50
RE: Is FSU Really Buying Their Way Out?
I look for Notre Dame to maintain the status quo in their relationship with the ACC through the end of their current contract.

The Irish may be sneaky, but I do believe they are honor bound to live up to their agreements.
07-30-2023 01:36 PM
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JRsec Offline
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Post: #51
RE: Is FSU Really Buying Their Way Out?
(07-30-2023 01:36 PM)XLance Wrote:  I look for Notre Dame to maintain the status quo in their relationship with the ACC through the end of their current contract.

The Irish may be sneaky, but I do believe they are honor bound to live up to their agreements.

Nah, they'll honor the agreement alright, but it's more about how tight they are over losing a nickel than the duty-bound thing.
07-30-2023 02:18 PM
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ren.hoek Offline
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Post: #52
RE: Is FSU Really Buying Their Way Out?
(07-30-2023 10:31 AM)TerryD Wrote:  
(07-30-2023 10:26 AM)TexanMark Wrote:  
(07-28-2023 03:08 PM)domer1978 Wrote:  
(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.

With fans like you who needs enemies?

Remember who bailed your ass out in 2020?


That was a mutually beneficial business decision, not an act of charity.

I don't seek chaos. I prefer status quo.

Personally, I want the ACC to survive and wish it luck

I agree, Terry. I like the status quo with ND. Status quo will continue as long as the ACC is a viable home for ND non football sports. For that to happen, revenue will need to increase. We'll see.
07-30-2023 04:39 PM
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ChrisLords Offline
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Post: #53
RE: Is FSU Really Buying Their Way Out?
(07-30-2023 04:39 PM)ren.hoek Wrote:  I agree, Terry. I like the status quo with ND. Status quo will continue as long as the ACC is a viable home for ND non football sports. For that to happen, revenue will need to increase. We'll see.

IDK, revenues will always trail the B1G and SEC even if the ACC stays together. But the B1G and SEC will still not offer ND a partial membership and the ACC will remain more attractive than the B12. Much more so after the current ACC media deal ends. So, I could see ND resigning with the ACC even if the ACC is a distant 3rd.

JRsec mod edit:
Here's the tack FSU is taking to try to exit the GOR:

https://www.big12insider.com/articles/acc_fraud.html
(This post was last modified: 07-31-2023 02:53 AM by JRsec.)
07-31-2023 12:32 AM
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ren.hoek Offline
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Post: #54
RE: Is FSU Really Buying Their Way Out?
(07-31-2023 12:32 AM)ChrisLords Wrote:  
(07-30-2023 04:39 PM)ren.hoek Wrote:  I agree, Terry. I like the status quo with ND. Status quo will continue as long as the ACC is a viable home for ND non football sports. For that to happen, revenue will need to increase. We'll see.

IDK, revenues will always trail the B1G and SEC even if the ACC stays together. But the B1G and SEC will still not offer ND a partial membership and the ACC will remain more attractive than the B12. Much more so after the current ACC media deal ends. So, I could see ND resigning with the ACC even if the ACC is a distant 3rd.

JRsec mod edit:
Here's the tack FSU is taking to try to exit the GOR:

https://www.big12insider.com/articles/acc_fraud.html

Interesting read, not sure what to make of it. With regard to the lack of inflation adjustment, the immediate question is "did your lawyers not read the contract before you signed it?!?"

Swofford misrepresenting revenues is plausible, but where do FSU, Clemson, and others go if the contract is struck down? The SEC and Big10 don't seem eager to grow at this point. If the M7 were to escape the ACC and form their own conference, then who would carry the media contract? ESPN wouldn't be eager to do business with them and we've seen the PAC struggle to get a contract. Not sure what the endgame is if the SEC or Big10 don't swoop in to save the refugees.
(This post was last modified: 07-31-2023 06:28 AM by ren.hoek.)
07-31-2023 06:27 AM
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Hokie Mark Offline
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Post: #55
RE: Is FSU Really Buying Their Way Out?
(07-31-2023 12:32 AM)ChrisLords Wrote:  
(07-30-2023 04:39 PM)ren.hoek Wrote:  I agree, Terry. I like the status quo with ND. Status quo will continue as long as the ACC is a viable home for ND non football sports. For that to happen, revenue will need to increase. We'll see.

IDK, revenues will always trail the B1G and SEC even if the ACC stays together. But the B1G and SEC will still not offer ND a partial membership and the ACC will remain more attractive than the B12. Much more so after the current ACC media deal ends. So, I could see ND resigning with the ACC even if the ACC is a distant 3rd.

JRsec mod edit:
Here's the tack FSU is taking to try to exit the GOR:

https://www.big12insider.com/articles/acc_fraud.html

I'm always suspicious of "Big12Insider" telling us what's going on in the ACC - especially when it's negative.
07-31-2023 06:30 AM
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TerryD Offline
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Post: #56
RE: Is FSU Really Buying Their Way Out?
(07-30-2023 10:51 AM)TexanMark Wrote:  
(07-30-2023 10:31 AM)TerryD Wrote:  
(07-30-2023 10:26 AM)TexanMark Wrote:  
(07-28-2023 03:08 PM)domer1978 Wrote:  
(07-28-2023 02:08 PM)ChrisLords Wrote:  Really? Your profile says you root for ND. So.... Notre Dame = Chaos.

Updated.

With fans like you who needs enemies?

Remember who bailed your ass out in 2020?


That was a mutually beneficial business decision, not an act of charity.

I don't seek chaos. I prefer status quo.

Personally, I want the ACC to survive and wish it luck
Ha, really? You maybe had a 5 game schedule. You conveniently set your conference football chastity aside to join as a member. It gave you a vehicle to the playoffs.

Remember the ACC was always your first 03-lmfao

The ACC benefitting was secondary. The league could have played a full schedule with or without ND. ND not so much.

ACC schools made the most TV money in their history in 2020.

What changed from 2019, other than Covid?

The ACC had two schools from the conference make the playoffs, for the first and perhaps only time.

Those aren't "secondary benefits" at all.

Like I said, a mutually beneficial business arrangement. No gratitude necessary or required here.
07-31-2023 07:32 AM
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esayem Offline
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Post: #57
RE: Is FSU Really Buying Their Way Out?
(07-31-2023 12:32 AM)ChrisLords Wrote:  
(07-30-2023 04:39 PM)ren.hoek Wrote:  I agree, Terry. I like the status quo with ND. Status quo will continue as long as the ACC is a viable home for ND non football sports. For that to happen, revenue will need to increase. We'll see.

IDK, revenues will always trail the B1G and SEC even if the ACC stays together. But the B1G and SEC will still not offer ND a partial membership and the ACC will remain more attractive than the B12. Much more so after the current ACC media deal ends. So, I could see ND resigning with the ACC even if the ACC is a distant 3rd.

JRsec mod edit:
Here's the tack FSU is taking to try to exit the GOR:

https://www.big12insider.com/articles/acc_fraud.html

Has anyone actually read the market analysis this clown cites?

Besides not projecting hard numbers, there is nothing nefarious in there; since then the SEC added Texas and Oklahoma and the Big Ten added the LA schools.

The fact he goes on to say FSU demanded concessions over a three year period gives little credence to the idea they were duped. It's just another clickbait piece done by a bitter WVU fan.
07-31-2023 07:45 AM
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Post: #58
RE: Is FSU Really Buying Their Way Out?
(07-31-2023 12:32 AM)ChrisLords Wrote:  
(07-30-2023 04:39 PM)ren.hoek Wrote:  I agree, Terry. I like the status quo with ND. Status quo will continue as long as the ACC is a viable home for ND non football sports. For that to happen, revenue will need to increase. We'll see.

IDK, revenues will always trail the B1G and SEC even if the ACC stays together. But the B1G and SEC will still not offer ND a partial membership and the ACC will remain more attractive than the B12. Much more so after the current ACC media deal ends. So, I could see ND resigning with the ACC even if the ACC is a distant 3rd.

JRsec mod edit:
Here's the tack FSU is taking to try to exit the GOR:

https://www.big12insider.com/articles/acc_fraud.html

If FSU and/or any other school has this in writing about inflated revenue...it does seem that could be enough to void the GOR...or at least push it to a court decision in which the ACC may want bow out do to cost of legal fees, if each school has their own case.
07-31-2023 07:55 AM
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Hallcity Offline
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Post: #59
RE: Is FSU Really Buying Their Way Out?
(07-31-2023 07:55 AM)dgrace4cards Wrote:  
(07-31-2023 12:32 AM)ChrisLords Wrote:  
(07-30-2023 04:39 PM)ren.hoek Wrote:  I agree, Terry. I like the status quo with ND. Status quo will continue as long as the ACC is a viable home for ND non football sports. For that to happen, revenue will need to increase. We'll see.

IDK, revenues will always trail the B1G and SEC even if the ACC stays together. But the B1G and SEC will still not offer ND a partial membership and the ACC will remain more attractive than the B12. Much more so after the current ACC media deal ends. So, I could see ND resigning with the ACC even if the ACC is a distant 3rd.

JRsec mod edit:
Here's the tack FSU is taking to try to exit the GOR:

https://www.big12insider.com/articles/acc_fraud.html

If FSU and/or any other school has this in writing about inflated revenue...it does seem that could be enough to void the GOR...or at least push it to a court decision in which the ACC may want bow out do to cost of legal fees, if each school has their own case.

Actual and constructive fraud in the financial projections FSU received on ESPN's proposal? You know these projections came not from Swofford but from outside media consultants. Swofford might have put a little spin on them but the actual media consultant reports were surely available to FSU and other member schools.
(This post was last modified: 07-31-2023 08:09 AM by Hallcity.)
07-31-2023 08:04 AM
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dgrace4cards Offline
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RE: Is FSU Really Buying Their Way Out?
(07-31-2023 06:30 AM)Hokie Mark Wrote:  
(07-31-2023 12:32 AM)ChrisLords Wrote:  
(07-30-2023 04:39 PM)ren.hoek Wrote:  I agree, Terry. I like the status quo with ND. Status quo will continue as long as the ACC is a viable home for ND non football sports. For that to happen, revenue will need to increase. We'll see.

IDK, revenues will always trail the B1G and SEC even if the ACC stays together. But the B1G and SEC will still not offer ND a partial membership and the ACC will remain more attractive than the B12. Much more so after the current ACC media deal ends. So, I could see ND resigning with the ACC even if the ACC is a distant 3rd.

JRsec mod edit:
Here's the tack FSU is taking to try to exit the GOR:

https://www.big12insider.com/articles/acc_fraud.html

I'm always suspicious of "Big12Insider" telling us what's going on in the ACC - especially when it's negative.

I believe this is the WVU The Dude (Chris Lambert) new website...so he's gone from throwing realignment stuff against the wall for years to this....

Having said that about his past, it does seem to bring up an angle worth discussing of the Revenue Projections Fraud...
07-31-2023 08:06 AM
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