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ACC grant of rights explained

canesstevealum08

canesstevealum08

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Posted by Andy Slater on Twitter for some context.
37BAD1BF-8E12-43F9-9C71-927799F39B10.webp
 
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Interesting:

ACC_GOR_Term.png


So the Grant of Rights is only effective until 2027 - exactly 5 years from Yesterday.

Unless the new agreement is effective until 2036...
 
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So the damages would be what the conference would have earned with Miami in it less what the teams can make without Miami. This does not look like a huge hurdle.

Say UNC, Virginia, Virgina Tech, Clemson, Miami, and FSU all leave. The conference implodes.

8 schools are left. That's $296 million annually for the 8 schools left that the six schools leaving must pay. So the six schools leaving must come up with $50 million per year. Each of the Schools moving to the SEC would be looking at $100 million annually. Same with the Big Ten. So the net for those teams is $50 million per year until 2036 - 40 percent higher than the ACC payout over that time.

Additionally, the teams left in the ACC will still have revenue from whatever conference they join. Every penny of that revenue reduces their damages. So your probably looking at a net of $60 to 65 million net after paying all damages - a 67% increase over the ACC payout.

That's worst case scenario. Heck, they let Maryland go for $50 Million. I could see a settlement around $100 million and you make that in a year.

The ACC deal is so bad, the buyout is not necessarily a hurdle.
 
I can’t remember the article I read that explained all this that made some sense to me possibly

ACC has media rights of the 14 schools until mid 2030s

If a school tries to leave, they have to pay exit fee currently at about $50 million

Here’s where I have been confused. I thought the school could pay the ACC say $30 million year until tv deal is over. Apparently the new Super Conf. would be unable to negotiate tv rights for the school since ACC has them.

Did I read all this right or can the school get the payout from the new conf and pay the ACC??
 
Apparently if 8 of the schools want out at the same time they can dissolve the conference and get out without having to pay the exit fee and the conference losing the media rights. If we can go out with 7 others 4 to each of the new conferences we should be fine. Schools like Wake Forest are ****ting their pants right now
 
JD4 said:
Apparently if 8 of the schools want out at the same time they can dissolve the conference and get out without having to pay the exit fee and the conference losing the media rights. If we can go out with 7 others 4 to each of the new conferences we should be fine. Schools like Wake Forest are ****ting their pants right now
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That would solve it all
 
JD4 said:
Apparently if 8 of the schools want out at the same time they can dissolve the conference and get out without having to pay the exit fee and the conference losing the media rights. If we can go out with 7 others 4 to each of the new conferences we should be fine. Schools like Wake Forest are ****ting their pants right now
Click to expand...
MIami/Clemson/FSU >> UNC > Duke > VTech > Syracuse > Louisville > NCSt > Pitt > GTech > UVA > Boston College > Wake Forest.

After Duke though (and thats 100% just about basketball) it gets a bit dicey as far as whether the SEC/BIG would want them.

Also, the B10 will definitely have their choice of West Coast teams over the SEC, and obviously Notre Dame would be their cherry on top. So you'd already be looking at them adding USC, UCLA, Oregon, Washington, and Notre Dame to the B10 (and it's not like Stanford and Cal wouldn't be appealing either) which puts them at 19. And would it be surprising if the B10 then tried to add like TCU to get into Texas? Seems like the B10 has a plethora of options, and the SEC is going to be much more selective about only adding quality. Like I really couldn't see the SEC adding Anything below Duke on that list... and they'd only want Duke as a pairing with UNC imo.
 
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calinative umstudent said:
MIami/Clemson/FSU >> UNC > Duke > VTech > Syracuse > Louisville > NCSt > Pitt > GTech > UVA > Boston College > Wake Forest.

After Duke though (and thats 100% just about basketball) it gets a bit dicey as far as whether the SEC/BIG would want them.

Also, the B10 will definitely have their choice of West Coast teams over the SEC, and obviously Notre Dame would be their cherry on top. So you'd already be looking at them adding USC, UCLA, Oregon, Washington, and Notre Dame to the B10 (and it's not like Stanford and Cal wouldn't be appealing either) which puts them at 19. And would it be surprising if the B10 then tried to add like TCU to get into Texas? Seems like the B10 has a plethora of options, and the SEC is going to be much more selective about only adding quality. Like I really couldn't see the SEC adding Anything below Duke on that list... and they'd only want Duke as a pairing with UNC imo.
Click to expand...
Couple of thoughts...

Bottom Line: ACC is toast and has been outmanuevered by one of its own "Alliance" members. Remember when several of us said Alliance was a total joke and Trojan Horse?

- Neither Big10 nor SEC is 100% muderer's row
-- Hello Maryland, Rutgers, Nebraska, and Vanderbilt
-- Wake, Stanford, Duke, UVA, and BC all fit those molds to a degree
-- Can there be a one size fits all Conference for FB and BB?? I'm not sure without a lot of "yeah but they are good at this at least"
- Both SMU and TCU represent a "long play" for 5th largest media market...does NIL spring them back up eventually?
-- Weird dynamic going on now at SMU too...50% student body is from Cali and Southerners who traditionally used to go to SMU now go to TCU
- Will BiG 10 + SEC collude and say "ok, let both end up with 16/18/20 teams apiece"? Nature and schedulers abhor imbalances
-- Perhaps seats on life rafts are going to be taken quickly...FSU/Clemson/NC State/VT/Several Pac 12 teams not in driver's seat like they think they are
- Does Miami fit better with Big 10 or SEC? Our beloved Hurricanes kinda fit in both really wheras FSU, Clemson, UNC, NC St, etc fit realy only in SEC...BC only in Big 10...blah...blah...blah..
 
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