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NEW: ACC Will Settle with Florida State On Exit, More Schools to Follow | The Expansion Big 12 Wins.

NEW: ACC Will Settle with Florida State On Exit, More Schools to Follow | The Expansion Big 12 Wins.

FromLocked On Big 12 | Daily College Football & Basketball Podcast


NEW: ACC Will Settle with Florida State On Exit, More Schools to Follow | The Expansion Big 12 Wins.

FromLocked On Big 12 | Daily College Football & Basketball Podcast

ratings:
Length:
29 minutes
Released:
Feb 20, 2024
Format:
Podcast episode

Description

Recent legal maneuvers by the ACC, particularly amidst Florida State's lawsuit, hint at significant conference reconfiguration possibilities. The ACC's strategic signaling of potential negotiations with Florida State regarding departure terms signifies a pivotal juncture in conference dynamics.
Legal filings referencing the Grant of Rights agreement, binding member schools' television rights until June 2036, reveal ambiguity open to negotiation. The ACC's acknowledgment of schools' potential to repurchase rights subtly invites discussions on exit fees and rights buyouts, setting the stage for crucial deliberations.
Florida State's estimation of exit costs, ranging from $0 in a legal victory to $572 million, underscores negotiation stakes. A probable compromise between these extremes, possibly near $150 million, highlights the imminent negotiation's significance amidst looming trial outcomes.
A potential exodus of desirable programs could spur further realignment interest from conferences like the Big Ten and SEC. Despite hefty exit fees, the allure of increased revenue and competitive opportunities in new conferences presents compelling incentives for departing schools.
In this evolving landscape, schools like Florida State face a calculated risk, weighing long-term gains against immediate financial considerations. While negotiation uncertainties persist, the prospect of reshaped conference hierarchies and enhanced financial prospects drives the urgency for decisive action.
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Released:
Feb 20, 2024
Format:
Podcast episode

Titles in the series (100)

Tune in every day to catch host Josh Neighbors delve in to all things Big 12 Football and Basketball! From interviews, to power rankings, to Best Bets, we cover it all when it comes to the Big 12 Conference.