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Expansion Talk 2021
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<blockquote data-quote="slugboy" data-source="post: 813416" data-attributes="member: 282"><p>The ACC seems to still have a large exit fee and a 15-year grant of rights. I’ve seen a number posted of $52 million, but the last I saw <a href="https://www.forbes.com/sites/chrissmith/2012/09/19/accs-new-exit-fee-punitive-or-par-for-the-course/#532d8cba5d54" target="_blank">written was 3 years of conference distributions, plus at least a 10-month notice of intent to leave. </a> That’s about $33.6 million * 3 = $100.8 million. </p><p></p><p>Maryland owed $51 million when they left about a decade ago, and the ACC settled for $31 million. </p><p></p><p>However, the broadcast rights last into the middle of the next decade. If Clemson or FSU went to another conference, all their home games would be on an ACC contract. There’s the idea of looking for a loophole, but the main loophole I see is spending the next 15 years with no home games, and I think a good lawyer would find a way to attack that evasion.</p><p></p><p>Another option is for the receiving conference to pay a full distribution even if they don’t get half the TV revenue for a team. </p><p></p><p>The ACC is the hardest conference to leave. If a team or teams do leave, they’ll need a way to make up the 15 years of revenue and the penalties, or to evade them. Clemson is the riskiest team.</p><p></p><p>From our legal past, I’d say GT is about the least likely team to have a good escape hatch to find another conference. </p><p></p><p>[URL unfurl="true"]https://rubbingtherock.com/2021/07/27/clemson-football-wont-leave-acc/[/URL]</p></blockquote><p></p>
[QUOTE="slugboy, post: 813416, member: 282"] The ACC seems to still have a large exit fee and a 15-year grant of rights. I’ve seen a number posted of $52 million, but the last I saw [URL='https://www.forbes.com/sites/chrissmith/2012/09/19/accs-new-exit-fee-punitive-or-par-for-the-course/#532d8cba5d54']written was 3 years of conference distributions, plus at least a 10-month notice of intent to leave. [/URL] That’s about $33.6 million * 3 = $100.8 million. Maryland owed $51 million when they left about a decade ago, and the ACC settled for $31 million. However, the broadcast rights last into the middle of the next decade. If Clemson or FSU went to another conference, all their home games would be on an ACC contract. There’s the idea of looking for a loophole, but the main loophole I see is spending the next 15 years with no home games, and I think a good lawyer would find a way to attack that evasion. Another option is for the receiving conference to pay a full distribution even if they don’t get half the TV revenue for a team. The ACC is the hardest conference to leave. If a team or teams do leave, they’ll need a way to make up the 15 years of revenue and the penalties, or to evade them. Clemson is the riskiest team. From our legal past, I’d say GT is about the least likely team to have a good escape hatch to find another conference. [URL unfurl="true"]https://rubbingtherock.com/2021/07/27/clemson-football-wont-leave-acc/[/URL] [/QUOTE]
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