calumnus said:
accprisoner said:
Delusional. The ACC gave espn a unilateral right to extend its media rights deal from 2027 to 2036. ESPN has yet to pick up that option. The acc obtained zero consideration from ESPN in exchange for that right. ESPN has yet to exercise the option yet the ACC gor with the member institutions goes to 2036 despite not having a media deal to back it up.
It's over for the ACC. Oh, and their North Carolina lawsuit is getting tossed. Brush up on Orbstat and find out what happens when you try to forum shop with an anticipatory dec action.
Even the delusional cal homer twist n hook knows the ACC is ****ed on the consideration problem. The court is going to rule that the GOR expires in 2027. FSU, Clemson and unc will pay 2 seasons of media rights plus the 120 exit fee to be out for $200m each.
The schools all signed the 20 year GORs extension in 2016 based on the ESPN contract which was in front of them and which included the creation of the ACC Network. Even if there is a provision whereby ESPN does not have to renew in 2027, then it was in the contract the schools saw before they signed away their GORs.
The bottom line is they signed away their GORs.
Moreover, your argument makes no sense. If the deal with ESPN was so bad for the ACC, why would ESPN not renew it in 2027? Furthermore, who do you think would be paying the money to the SEC for you to join them? ESPN. So ESPN is going to go out of its way to do all this for you, why? The goodwill Florida's governor has generated with Disney?
The lawsuits will fail, but once that is decided and now that we are members I do think the rest of the ACC would entertain a negotiated buy out. That is how Texas and Oklahoma left the B12. Texas gave up $100 million to leave 1 year early, $500 million to leave 12 years is a bargain.
From the biggest cal homer on the internet:
Mishandling the Unilateral ESPN extension.
This is a fair criticism, if the story is as FSU states. I do not think the ACC should allow ESPN to have an unilateral extension. However, I do not know exactly what the situation is. Separately, this would be a breach of the ESPN media deals, not necessarily the GOR.
Amending the 2016 ESPN Agreement without approval of 2/3rds of the schools approving it.
Again, this seems like a fair criticism, if true. That seems like a breach of the ACC Bylaws, not the GOR, however.
Extending "for no consideration" the ESPN option in August 2021.
This is a bit complicated. Under FSU's statement of facts, ESPN had a trigger date to do the unilateral extension. FSU claims the ACC pushed that back (which is bad for ACC/FSU because it gives ESPN more time to consider its options etc). FSU claims the ACC pushed that back and go "no consideration" (i.e. nothing in return).
This could all be true and could be potentially bad. However, it would relate not to the GOR but the ESPN Media deal. Perhaps this could be a way to undermine and get out of the ESPN deal. This would be good for FSU, because it could be re-negotiated for higher numbers.
If the court finds in favor of any one of those counts in FSU's favor, the appropriate remedy is the GOR's expiration being rolled back to 2027. FSU/clemson/unc will all leave immediately for the $200m in costs to leave 2 years early.
Doubt it. Run from it. The death of the acc arrives all the same