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Started By
Message
Posted on 12/22/23 at 10:51 am to Pels318
Welcome to the ACC Hunger Games
Posted on 12/22/23 at 10:54 am to SportsGuyNOLA
ND needs to join a conference. It’s insane they get a benefit for not playing a conference title game.
Posted on 12/22/23 at 10:55 am to Gings5
Catholics been free loading for a while on that Comcast money
Posted on 12/22/23 at 10:56 am to Pels318
Did they not sign a contract?
I don’t want those crybabies in the SEC.
I don’t want those crybabies in the SEC.
Posted on 12/22/23 at 10:58 am to CU_Tigers4life
I can't imagine FSU wanting to cut a deal with the SEC. Bobby Bowden verbally said he wanted no part in playing ALABAMA and the barners every year. Now what? The SEC is a death march to the playoffs.
Posted on 12/22/23 at 11:01 am to bamameister
quote:
I can't imagine FSU wanting to cut a deal with the SEC. Bobby Bowden verbally said he wanted no part in playing ALABAMA and the barners every year. Now what? The SEC is a death march to the playoffs.
You do realize that Bobby no longer runs things there and a lot has changed since 1990.
Posted on 12/22/23 at 11:03 am to RummelTiger
quote:
You do realize that Bobby no longer runs things there and a lot has changed since 1990.
Dad GUM!!
Posted on 12/22/23 at 11:04 am to CunningLinguist
quote:
Good. They will likely win too.
Havent kept up with their arguments. What is FSU’s basis for not fufilling its contractual obligations?
Posted on 12/22/23 at 11:05 am to elposter
I have yet to see an explanation for why they will win.
Posted on 12/22/23 at 11:08 am to Keys Open Doors
Stolen from another site:
The following is a summary of the
FSU Board of Trustees meeting.
FSU's Legal Arguments
The ACC's Agreements and extensions of the agreements are in violation of the State of Florida's Anti-Trust laws.
The ACC's penalties via the Grant of Rights buyout and the conference Severe Penalty (payment to leave the conference) are unenforceable as they are excessive and do not accurately reflect the damages the conference would incur if a member school left. If found to be unenforceable, a court would not adjust the penalty amount, instead the penalties would be nullified completely.
The ACC is in breach contract to protect and improve their member's financial interests. The following highlights were made:
The ACC has failed to appropriately give FSU the value of their atheletic program media rights and has since further diluted that value with the addition of 3 additional members
The ACC amended the 2016 Tier 1 media agreement without the approval of 2/3rds of the conference's Athletic Directors as required by ACC bylaws
The ACC leadership without AD approval extended the unilateral ESPN 9-year option for Tier 1 media rights from 2016 without any financial considerations, allowing ESPN to wait to execute an extension of media rights until 2025 when it should have occurred as agreed upon in 2024.
The ACC agreed to a previously unheard of 20-year period of media rights for its conference members
The ACC breached it's fiduciary duties the conference has to its members
A generic Fundamental Failure of Frustration of Contractual Purpose. As explained by the lawyer, the whole purpose of the ACC is to look out for its member's interests and maximize value for them and it has failed to do so.
Last count is Violation of Public Policy. As explained, it is not consistent with public policy to impose the penalties and contracts that the conference has on the school.
Noteworthy Comments
It was stressed numerous times that this is not a reaction to FSU being left out of the "CFP Invitational" (as said by FSU's President) and that this process has been in play for over a year and a half.
FSU's leadership made it clear this was a failure of "Prior ACC leadership"
This meeting confirmed numerous times that the Grant of Rights and other ACC Binding Contracts are under protection at the ACC League Offices and that no photos or verbatim copies are allowed to be made
As for Argument 2 of unenforceable penalties, ESPN's contract with the ACC says that payouts will not change so long as the conference has 15 or more members. With the recent addition of 3 members, were FSU to leave then ESPN's payouts per the contract would remain the same as the conference continues to have more than 15 members. Therefore, the penalties laid out by the conference are excessive.
An FSU BoT member who is a trial lawyer coyly pointed out that internet copies of the Grant of Rights may or may not be correct and since lawyers are unable to compare them that they can not be used in trial. Therefore, if this was taken to court a "true, accurate, and correct copy of the document that would have original signatures on it, preferably in blue ink so that you know they are original." This seems to imply that part of FSU's play is to get the Grant of Rights publicly available and out of the ACC's closed off protection.
The FSU Board of Trustee's approved the lawsuit against the ACC which would be filed later today and start the legal process following Christmas. The law firm hired by FSU feels its reasonable to believe other schools would "join in the conversation" with the ACC regarding these claims made.
This is considered an "ACC vs FSU" lawsuit. It passed unanimously without any objection from any BoT member.
The following is a summary of the
FSU Board of Trustees meeting.
FSU's Legal Arguments
The ACC's Agreements and extensions of the agreements are in violation of the State of Florida's Anti-Trust laws.
The ACC's penalties via the Grant of Rights buyout and the conference Severe Penalty (payment to leave the conference) are unenforceable as they are excessive and do not accurately reflect the damages the conference would incur if a member school left. If found to be unenforceable, a court would not adjust the penalty amount, instead the penalties would be nullified completely.
The ACC is in breach contract to protect and improve their member's financial interests. The following highlights were made:
The ACC has failed to appropriately give FSU the value of their atheletic program media rights and has since further diluted that value with the addition of 3 additional members
The ACC amended the 2016 Tier 1 media agreement without the approval of 2/3rds of the conference's Athletic Directors as required by ACC bylaws
The ACC leadership without AD approval extended the unilateral ESPN 9-year option for Tier 1 media rights from 2016 without any financial considerations, allowing ESPN to wait to execute an extension of media rights until 2025 when it should have occurred as agreed upon in 2024.
The ACC agreed to a previously unheard of 20-year period of media rights for its conference members
The ACC breached it's fiduciary duties the conference has to its members
A generic Fundamental Failure of Frustration of Contractual Purpose. As explained by the lawyer, the whole purpose of the ACC is to look out for its member's interests and maximize value for them and it has failed to do so.
Last count is Violation of Public Policy. As explained, it is not consistent with public policy to impose the penalties and contracts that the conference has on the school.
Noteworthy Comments
It was stressed numerous times that this is not a reaction to FSU being left out of the "CFP Invitational" (as said by FSU's President) and that this process has been in play for over a year and a half.
FSU's leadership made it clear this was a failure of "Prior ACC leadership"
This meeting confirmed numerous times that the Grant of Rights and other ACC Binding Contracts are under protection at the ACC League Offices and that no photos or verbatim copies are allowed to be made
As for Argument 2 of unenforceable penalties, ESPN's contract with the ACC says that payouts will not change so long as the conference has 15 or more members. With the recent addition of 3 members, were FSU to leave then ESPN's payouts per the contract would remain the same as the conference continues to have more than 15 members. Therefore, the penalties laid out by the conference are excessive.
An FSU BoT member who is a trial lawyer coyly pointed out that internet copies of the Grant of Rights may or may not be correct and since lawyers are unable to compare them that they can not be used in trial. Therefore, if this was taken to court a "true, accurate, and correct copy of the document that would have original signatures on it, preferably in blue ink so that you know they are original." This seems to imply that part of FSU's play is to get the Grant of Rights publicly available and out of the ACC's closed off protection.
The FSU Board of Trustee's approved the lawsuit against the ACC which would be filed later today and start the legal process following Christmas. The law firm hired by FSU feels its reasonable to believe other schools would "join in the conversation" with the ACC regarding these claims made.
This is considered an "ACC vs FSU" lawsuit. It passed unanimously without any objection from any BoT member.
This post was edited on 12/22/23 at 11:09 am
Posted on 12/22/23 at 11:10 am to RummelTiger
Big 10 makes more sense. Gives them a footprint in the southeast where the athletes are and no advantage to SEC adding another school in Florida and South Carolina.
Posted on 12/22/23 at 11:12 am to OleVaught14
So this is like the state immunity deal that Texas Tech used to get out of paying the buyout for the Pirate?
quote:
The ACC's Agreements and extensions of the agreements are in violation of the State of Florida's Anti-Trust laws.
Posted on 12/22/23 at 11:14 am to LSUJuicer
quote:
Adding Duke and UNC….the SEC would now have Duke, UNC and Kentucky in the same conference. While also adding Texas who has good years. Tennessee who has good runs. Let’s just be a big three sports power house.
nobody gives a f*** about college basketball baw...except a weekend or 2 of it.
these type of decisions are driven by $$$ and these basketball schools UVA, Duke etc need to bugger off. they don't bring anything to football which is the sport that matters money wise
Posted on 12/22/23 at 11:15 am to Pels318
Football needs to go its own separate ways. Vandy doesn’t belong with the big boys.
Posted on 12/22/23 at 11:19 am to BZ504
quote:
Football needs to go its own separate ways. Vandy doesn’t belong with the big boys.
and neither does duke, UVa, NC State or any other basketball school people on here keep fapping about
Posted on 12/22/23 at 11:26 am to Pels318
I'm against adding FSU until someone specifically maps out in detail how the scheduling would work.
We can't even agree to schedules with 16 teams. And the networks aren't lining up to pay more money for the extra teams. There's no obvious upside
We can't even agree to schedules with 16 teams. And the networks aren't lining up to pay more money for the extra teams. There's no obvious upside
Posted on 12/22/23 at 11:28 am to Boodis Man
I’ve been saying this forever. Florida St, North Carolina, Duke, Virginia and Miami are all going to the B1G. It’s about Money and exposure and NOBODY has more of that than the B1G moving forward. These schools are NOT joining the SEC to take LESS money than joining the B1G would pay them. It’s simple economics.
B1G East:
Penn St
Maryland
Rutgers
Florida State
North Carolina
Duke
Miami
Virginia
B1G Central:
Ohio State
Michigan
Michigan State
Notre Dame
Indiana
Purdue
Illinois
Northwestern
B1G West:
USC
UCLA
Washington
Oregon
Nebraska
Wisconsin
Iowa
Minnesota
7 yr 10 BILLION dollar deal. CBS, FOX, NBC and BTN. That is going to happen. It’s fiscally irresponsible not to.
B1G East:
Penn St
Maryland
Rutgers
Florida State
North Carolina
Duke
Miami
Virginia
B1G Central:
Ohio State
Michigan
Michigan State
Notre Dame
Indiana
Purdue
Illinois
Northwestern
B1G West:
USC
UCLA
Washington
Oregon
Nebraska
Wisconsin
Iowa
Minnesota
7 yr 10 BILLION dollar deal. CBS, FOX, NBC and BTN. That is going to happen. It’s fiscally irresponsible not to.
Posted on 12/22/23 at 11:33 am to CunningLinguist
quote:
They will likely win too.
Based on what exactly?
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