- Joined
- Jul 28, 2019
- Messages
- 4,913
The only thing the ACC did was eliminate the controversy ... before the lawsuit settlement there was simply speculation that "getting out of the ACC will cost the school leaving $500-700 Million". One of the settlement details was the ACC providing a very clear exit fee starting at $168M per year, dropping by $30M per year thereafter until reaching a floor exit cost of $75M in 2030. EXCEPT if 6 schools decided to leave together to a single sport (football) conference ... then they could leave ANY TIME at an exit fee of $75M per school. Don't forget ESPN also has the right to renegotiate the annual media payout if 2 or more schools leave ... and that could also trigger changes to the exit fees. That settlement included details that were not so much FSY / Clemson "winning" but ESPN setting up the ACC to be pilfered with the lowest economic impact to schools wanting to join the P2 possible. "Realignment planning".I thought ACC locked in their great deal for longest time compared to everyone else who woill resign twice before we resign in mid 2030s