Cane6
GreenTree All-Star
- Joined
- Nov 6, 2015
- Messages
- 6,171
In the FSU filing against the ACC the Swofford issues are mentioned. Raycom was out of the ACC media deal from 2008-2010. When ESPN was preparing their bid for 2010 they were basically instructed to "include" Raycom ... and the COST to the conference for artificially propping up Raycom was stated as $82 million per year in reduced revenue to the ACC Conference ... from 2010 through 2024 that amounts to $1.15 Billion dollars. The conference has operated as a private entity for the betterment of Swofford, his son, and ACC Conference employees rather that serving the financial interests of the conference.
This came out a few months ago, Swofford and ACC were god **** rats
My bigger question is, how dumb is ESPN to think that this level of “insider trading” wouldn’t get brought to light…. Especially when many of the conference schools are public universities and all the freedom of information and transparency of financial reporting for those public universities.
ESPN and ACC conference are gonna get dealt a major blow when this all gets brought out into the open.