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<blockquote data-quote="orientalnc" data-source="post: 999619" data-attributes="member: 1199"><p>This is part my additional thoughts on the GOR. </p><p></p><p>First, the very notion that a public university would borrow $500 million to finance the move of their football team from one conference to another is abhorrent in the extreme.</p><p></p><p>Second, just because the ACC <em>could</em> sell FSU's media rights back to the school does not obligate them to do so. Or, that the price is negotiable or favorable to FSU. The conference could demand double or triple the face value of the rights. I think it would be ironic if FSU sold bonds to finance the purchase and then the ACC refused to sell the rights at a price FSU could afford.</p><p></p><p>Edit: FSU seems to think they could negotiate a lower price for the GOR than the face value. My thought about that is the opposite. If I own the only Honus Wagner baseball card I can pretty much name my price. Those FSU rights might not be as precious as the Wanger card, but the Noles need them if they are going to the B1G.</p></blockquote><p></p>
[QUOTE="orientalnc, post: 999619, member: 1199"] This is part my additional thoughts on the GOR. First, the very notion that a public university would borrow $500 million to finance the move of their football team from one conference to another is abhorrent in the extreme. Second, just because the ACC [I]could[/I] sell FSU's media rights back to the school does not obligate them to do so. Or, that the price is negotiable or favorable to FSU. The conference could demand double or triple the face value of the rights. I think it would be ironic if FSU sold bonds to finance the purchase and then the ACC refused to sell the rights at a price FSU could afford. Edit: FSU seems to think they could negotiate a lower price for the GOR than the face value. My thought about that is the opposite. If I own the only Honus Wagner baseball card I can pretty much name my price. Those FSU rights might not be as precious as the Wanger card, but the Noles need them if they are going to the B1G. [/QUOTE]
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