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The numbers you quote for getting out of the conf is from the future contract. Not the current one.Big12 had no reason to negotiate either, and took appx 50% of the amount owed.
Exit fees - 2 years @ $35M each = $70M. Plus their GoR for 1 year. That's EACH. But we got $100M (minus Fox cut $20M). Total.
So Big12 got $80M of $140M exit fees (57%), and ZERO for 1 year of GoR.
The much longer ACC GoR has a lot more leverage than the 1 year vs OuT, so that is important. But still, you CAN run the numbers on such a thing.
I guess my point is that you can probably cut that number in half as a practical step. So say $340M ($120+$220). Cut that down to $200M. But if you get $50M more annual, and are guaranteed a spot at the big table forever, that's a no brainer investment.
And if you think the conference can hold their feet to the fire and force them to pay up every last cent... I doubt it. The Hateful 8 couldn't make it happen. Rarely does something like this not get settled. Clemson and FSU could countersue the ACC for dereliction of duty or some such trumped up crap, and string this thing out forever. And there will be motivation for the conference to get on with it.
I am not saying this is imminent or will happen this way exactly. It's probably closer to 2030 than today.
Another way: if the over/under for FSU leaving the ACC was 2035 (GoR expires 2036), would you take the over?
This. *******. Guy.
This. *******. Guy.
Can't get trampled in a court storming if you can't get right on the court.Keep giving Randy even worse seats. Until he finally quits.
I couldn’t effing believe Randy asked that question.
With all the realignment news happening, the new Big12 contract we stole from the PAC, the enhancements to the Big12 tourney, the idea to part the contracts for basketball & football, adding additional basketball only schools to the conference.
And this old barnacle wants to ***** about his seat being moved. What a twat.
Can't get trampled in a court storming if you can't get right on the court.
Really bothers me when the media makes things about themselves. This is a really bad look IMO.
This. *******. Guy.