wifeisafurd said:
6956bear said:
Bearly Clad said:
Just my opinion as these negotiations are not my area of expertise and are above my pay grade. EAPN won't opt out without another deal already on the table and agreed to because that would just open the door for schools to leave. FSU is one thing because Disney basically owns the SEC and has control over whether FSU can jump ship there but the real issue is UNC and the other schools eyeing the B10.
If they relinquish rights and lose schools to Fox and a sweetheart deal with the ACC that's under market value only to have to pay FSU more for going to the SEC then there's no upside to them opting out.
The other issue is money, ESPN is financially strapped right now and has been trying to sell off assets, I'm not sure they're in a position right now to voluntarily offer more money for something they already own the rights to or 10 more years. Maybe if Amazon, Apple, or someone else wants to come in as a partner to pay big money for the streaming rights and take a big chunk of the financial burden off of Disney then they can get a deal done that benefits all parties involved.
The big risk is still that ESPN opts out, FSU says "ok we'll we're out and want to join the SEC", and then Fox is waiting like vultures to scoop up UNC, Miami, and Duke or someone in the hopes that by breaking the ACC they'll force Notre Dame into their laps. Then ESPN would have just shot themselves in the foot losing valuable rights teams that they had on the cheap
There is a window right now where ESPN and the ACC can renegotiate/amend the deal. Adding new teams which became official on August 1 allows this. Sure they can stay with the ACC til 2036. That is an additional 5 or 6 seasons and FSU can still buy their way out or win in court. The lawsuit will not be decided anytime soon.
ESPN could opt out. And they may. But I think an amended deal benefits them more than opting in til 2036. And it could benefit FSU and Clemson as well. More money a guaranteed CFP slot rather than fighting with the big boys in the SEC and B1G for a CFP slot. And does either the SEC or B1G offer a full share for either?
The ACC and ESPN can tailor an agreement that is a short term benefit to both. Will they? I believe if they cannot amend the current deal that the opt out becomes more likely. 2036 is long time to commit to a league that is in turmoil and will see every other conferences TV deals expire well before.
I do think streaming could be a factor. It is nearly certain that streaming will be a much bigger player in live sports and 2036 is a long time to hold the rights. And just how valuable will those rights be if the most valuable brands do leave.
My understanding is ESPN and the ACC can amend this agreement with a simple majority of schools voting to do so. That is part of why the ACC voted for Cal, Stanford and SMU to join. In this arrangement BC has a similar vote as does FSU. The ACC has several schools that are unlikely to be confident a blown apart ACC lands them in a P4 conference with a good payout. FSU, Clemson and UNC may have homes if the league falls apart. But what about GaTech, BC, Wake, Duke, Syracuse, Stanford, Cal, SMU, NC State, Louisville and VaTech. If ESPN and the ACC can forge an amended agreement it can be ratified with a simple majority. The commisioner will not need FSU or Clemson to agree.
We'll see. Lots of possibilities for sure. But I would be surprised if they are not talking.
Dumb question: Don't you have get FSU and Clemson (not to mention UNC and others looking to join other conferences) to sign a new grad of rights with a new ESPN Agreement? They would have to be strongly incentivized to do so.
No doubt they would. But ESPN not opting out puts these programs in a box. Til 2036. What is the B1G/Fox willing to pony up to get these schools on board? The GOR may go away if ESPN opts out but not the conference exit fee.
The SEC is already a premier league. If ESPN opts out what are they willing to kick in for FSU, UNC, Clemson or anyone else. 50% shares? These schools want the money. If ESPN opts out then the ACC is where the P12 was in 2022. USC got what they wanted. But USC is in LA and has at least an equal brand as FSU (IMO USC is a better brand) and sits in LA. Fox and the B1G gave UO and UW partial shares.
But a reduced length of deal with a somewhat bigger payout and perhaps some unequal performance payouts for post season money may be worth considering. Also the ACC gets an autobid to the CFP. FSU and Clemson are good programs but are they a genuine threat in either the SEC or B1G? And would they get equal shares?
There are a lot of moving parts. The lawsuit for one. The House settlement. The lack of anti trust protection. Plus what is any ACC program really worth on the open market.
The worst case scenario for FSU, Clemson and UNC would be for ESPN to simply not exercise the exit clause. Then the GOR runs through 2036. Does FSU really have a case in the lawsuit? Does anyone want to take them on with that case pending? A new deal that reduces the GOR length and provides a bit more money and ends the lawsuit may be good enough. Or it may not be.
It would be 2023 all over again should ESPN opt out in February 2025. 17 teams available. FSU did not file their intent to leave for 2025 which was due on 8/15. They are in for 2 years at this point. I think it could benefit everyone to negotiate a new deal with a shorter term.
FSU wants more money. Right now they are just spending money on lawyers and may not have a valid case. Or a place to land if they do decide to exit. At least not for the money they believe they deserve.
What does seem likely is that ESPN as the acknowledged kingpin in college football media knows which way the wind is blowing. They are likely the ones providing whatever winds there are. Them and Fox.