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Expansion Talk 2021
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<blockquote data-quote="RonJohn" data-source="post: 817045" data-attributes="member: 2426"><p>Right now it is a $50 million buyout, plus media rights thru 2036. If we assume the media rights are $30 million per year (actually lower than what it is right now so that I am not accused of inflating things), that is $450 million at the moment. So Clemson would owe $500 million to leave the ACC. The SEC can't just write a check for that.</p><p></p><p>If Clemson were to try to leave, there would probably be lawsuits and negotiation involved on their part to try to reduce that and on the ACC's part to try to enforce the full amount. Lawsuits are unpredictable.</p></blockquote><p></p>
[QUOTE="RonJohn, post: 817045, member: 2426"] Right now it is a $50 million buyout, plus media rights thru 2036. If we assume the media rights are $30 million per year (actually lower than what it is right now so that I am not accused of inflating things), that is $450 million at the moment. So Clemson would owe $500 million to leave the ACC. The SEC can't just write a check for that. If Clemson were to try to leave, there would probably be lawsuits and negotiation involved on their part to try to reduce that and on the ACC's part to try to enforce the full amount. Lawsuits are unpredictable. [/QUOTE]
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