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<blockquote data-quote="RamblinRed" data-source="post: 954256" data-attributes="member: 1776"><p>FWIW, the original ACC Grant of Rights is available online. The only thing that changed in the 2016 update is the end date of the GoR.</p><p>It's beauty is in its simplicity. It is only 3 1/2 pages long.</p><p></p><p>[URL unfurl="true"]https://wwwcache.wralsportsfan.com/asset/colleges/ncsu/2022/07/05/20361238/ACC-Grant-of-Rights-1-DMID1-5vgd1w2if.pdf[/URL]</p><p></p><p>The key part is right at the beginning</p><p></p><p></p><p>"Each of the Member Institutions acknowledges that the grant of Rights during the entire Term is irrevocable and effective until the end of the Term regardless of whether the Member Institution withdraws from the Conference during the Term or otherwise ceases to participate as a member of the Conference," </p><p></p><p>Basically this means that if a program choses to leave not only does it lose the money it would receive from the ACC media deal, they also forfeit any media rights money from their new conference. </p><p>It's basically a poison pill provision that makes any school that leaves not valuable to a new conference because that conference would not receive any media money from the new addition - it would all go to the ACC, since the ACC holds the media rights for that school.</p><p></p><p>Also, quite importantly, there is no mechanism within the GoR for a school to exit the GoR. Not like a coaching contract where they have to pay some sort of an exit fee. There is nothing there.</p><p>If you want to leave, you are going to have to go to court to try to force a way out. Good luck on that since every school has twice signed off on it willingly. </p><p></p><p>There is also nothing in it about needing a certain number of schools to vote to end it. </p><p></p><p>Finally, it has a provision that any new school has to agree to the GoR to join the conference. </p><p></p><p></p><p>Also, I guess the UNC AD had a meeting with the UNC athletic department yesterday where he said they have no plans to leave the conference, just to make it stronger.</p><p></p><p>[MEDIA=twitter]1687569307671113728[/MEDIA]</p></blockquote><p></p>
[QUOTE="RamblinRed, post: 954256, member: 1776"] FWIW, the original ACC Grant of Rights is available online. The only thing that changed in the 2016 update is the end date of the GoR. It's beauty is in its simplicity. It is only 3 1/2 pages long. [URL unfurl="true"]https://wwwcache.wralsportsfan.com/asset/colleges/ncsu/2022/07/05/20361238/ACC-Grant-of-Rights-1-DMID1-5vgd1w2if.pdf[/URL] The key part is right at the beginning "Each of the Member Institutions acknowledges that the grant of Rights during the entire Term is irrevocable and effective until the end of the Term regardless of whether the Member Institution withdraws from the Conference during the Term or otherwise ceases to participate as a member of the Conference," Basically this means that if a program choses to leave not only does it lose the money it would receive from the ACC media deal, they also forfeit any media rights money from their new conference. It's basically a poison pill provision that makes any school that leaves not valuable to a new conference because that conference would not receive any media money from the new addition - it would all go to the ACC, since the ACC holds the media rights for that school. Also, quite importantly, there is no mechanism within the GoR for a school to exit the GoR. Not like a coaching contract where they have to pay some sort of an exit fee. There is nothing there. If you want to leave, you are going to have to go to court to try to force a way out. Good luck on that since every school has twice signed off on it willingly. There is also nothing in it about needing a certain number of schools to vote to end it. Finally, it has a provision that any new school has to agree to the GoR to join the conference. Also, I guess the UNC AD had a meeting with the UNC athletic department yesterday where he said they have no plans to leave the conference, just to make it stronger. [MEDIA=twitter]1687569307671113728[/MEDIA] [/QUOTE]
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