Trigger warning, lawyer answer.
It's not likely to happen. Venue will be a big issue, and contract law will require a reading of the actual contract, which FSU signed, willingly....
Their goal is more likely to continue to create press coverage hoping for an improved outcome in a buyout situation. I think the press coverage will continue, the improvement, however, will be modest.
Someone else here suggested the reality. If the rich boosters had the real money, they'd pay the buyout. They don't see the ROI of doing so, meaning the GOR is solid.
Corporate lawyers are for taking little people to court or helping get paperwork for the settlements that managers negotiate.
Before proceeding
Please read about PAC 12 """SETTLED"". thats on google.
The smart managers know tv money is getting tight.
not a lawyer but negotiated mega settlements
No body will do anything till the guy who passes out the brass hats is ready to attend the meeting.
First part of the meeting
is about "Their are only so many brass hats."
FSU and others to be named later will arrange a meeting with the balance of the acc, but attending with them will be the tv guys. ONLY tv guy says we are happy with the $$ put in and the games played by FSU and others as that is what we paid for in the accn contract. ANNOUNCES in the new contract we will be getting more tv money , but to those teams that SELF invest Tv guy will express that they have specific levels of dissatisfaction with the $$ put in and product provided by the balance. For Example Gt has only increased its bottom of acc donations by 10% while FSU has increased its Top of ACC donations by 250%. This is patently in violation of the past contract
tv guy will then dismiss FSU and others.
Then speaking to the remaining will address the method he proposes to address the disparity of product on the field. We will be having enough room larger tv money for 3 or maybe 5 other teams. Under no conditions will there be a league wide deal without conditons of $$ put in by each school. This additional tv money will be based on increased donations at each school.
At this point he will adjorn the " only so many brass hats" part of meeting is complete.
Now thats settled the remainder of this meeting will be about schedule. It seems simple - please note the level of donations by Clemson and FSU. We will now have A SERIES PRIVATE (no phones ) MEETINGS with ONE decision making representative of each university. A
Thank you for understanding the future is going to be different. ANOTHER MEETING WITH 5 TEAMS WILL BE HELD TO HAMMER OUT A DEAL .
PLEASE REFER TO THE 12/22 SETTLEMENT OF THE BLOWN UP PAC 12
The ACC was so weak that thier conference champ didnt make the playoffs. Bankruptcy comes slowly, then fast.