I’m here for it!I know it’s still early in the process, and it’s in FL that leans in FSU’s favor, but I’ve said since day 1, going back over 12 months, that the grossly one sided nature of the GOR contradicts many of the basic principles of contract law, and ESPN/ACC would hang themselves trying to defend it
I don’t think that’s a good defense but I’m not a lawyerhere’s a link to the live stream
FSU counsel arguing that sovereign immunity was never waived, and therefore it could have never committed to many of the provisions with the ESPN-ACC grant of rights
I don’t think that’s a good defense but I’m not a lawyer
The way ACC and ESPN put into place the GOR is going to become a major issue.
Applying it to my world, if proper documentation of procedure and approval of each institution isn’t met, it blows up the Security Interest
It’s like allowing your 18 year old kid to take out a loan on the house that his dad owns…. The kid can say that the house is his residence, but he doesn’t have the authority or capacity to pledge the house (security) as collateral for the loan
And this becomes extra arduous for non-profits and governmental entities
They are "making **** up" as they go along ... out of panic of pending collapse. The GOR documents we have all read clearly tie the initiation of the GOR TO the ESPN media agreement ... period. Now they are saying it basically has nothing to even do with ESPN ... all conference members simply .... FOR NO CONSIDERATION OF ANY KIND ..... agreed to give the ACC their media rights until 2036. Not going to hold up ... in court.I have no idea what that means.
First, why should the ACC be able to "sell them" and "split the revenue"? This is just bizarre. The GOR was supposed to be a conduit, to pass along the broadcast rights to the broadcast partner. It was not supposed to create an ownership interest on the part of the ACC that they could then "sell" to another broacast partner, while they "split" the revenue with whoever's rights they just sold.
Second, WHAT "under the terms of the normal agreement"? Where does the GOR say that the ACC can buy and sell our various TV rights on their own initiative?
This makes no sense at all.