“Florida State AD says lagging ACC revenue 'has to change'”

[BobPSU92]

See the link below. From the article:

“Florida State athletic director Michael Alford told his board of trustees on Friday that "something has to change" when it comes to closing the growing revenue gap with other conferences -- a sign that one of the biggest brands in the ACC is unhappy with the current structure.

In a phone interview with ESPN later Friday, Alford said he decided to make his comments after recent ACC winter meetings in which athletic directors and presidents discussed an uneven revenue sharing model at length without any consensus moving forward about what to do.”

FSU AD: Lagging ACC revenue 'has to change'

FSU athletic director Michael Alford says the $30 million-per-year difference in revenue between schools in the ACC and the SEC/Big Ten "has to change."

www.espn.com

Penn State to the acc.

 

[Midnighter]

See the link below. From the article:

“Florida State athletic director Michael Alford told his board of trustees on Friday that "something has to change" when it comes to closing the growing revenue gap with other conferences -- a sign that one of the biggest brands in the ACC is unhappy with the current structure.

In a phone interview with ESPN later Friday, Alford said he decided to make his comments after recent ACC winter meetings in which athletic directors and presidents discussed an uneven revenue sharing model at length without any consensus moving forward about what to do.”

FSU AD: Lagging ACC revenue 'has to change'

FSU athletic director Michael Alford says the $30 million-per-year difference in revenue between schools in the ACC and the SEC/Big Ten "has to change."

www.espn.com

Penn State to the acc.

Lifted this from the ACC Athletic Directors meeting....

 

[Psu00]

The minute the ACC agrees to unequal revenue sharing it’s the end of that conference.

 

[doctornick]

The minute the ACC agrees to unequal revenue sharing it’s the end of that conference.

The minute the ACC teams can afford to get out of their GOR, that will be the end of their conference.

 

[psuro]

The minute most athletes in the ACC learn to spell ACC-that will be the end of their conference.

 

[Charlie1978]

See the link below. From the article:

“Florida State athletic director Michael Alford told his board of trustees on Friday that "something has to change" when it comes to closing the growing revenue gap with other conferences -- a sign that one of the biggest brands in the ACC is unhappy with the current structure.

In a phone interview with ESPN later Friday, Alford said he decided to make his comments after recent ACC winter meetings in which athletic directors and presidents discussed an uneven revenue sharing model at length without any consensus moving forward about what to do.”

FSU AD: Lagging ACC revenue 'has to change'

FSU athletic director Michael Alford says the $30 million-per-year difference in revenue between schools in the ACC and the SEC/Big Ten "has to change."

www.espn.com

Penn State to the acc.

The dude is right. ***** slapping his lazy peers. There is no excuse that NCAA football doesn't have three strong conferences (BIG,SEC and ACC) given the location, talent and popularity of college football in the ACC territory. The BIG 8 plus four cropland states and the PAC 8 plus the MST teams are understandably now Group of 5 caliber, but to have schools from FL and I-95 states represented by Clemson almost alone is a crime of lassitude. Lassitude is a word.

 

[pap]

The minute the ACC teams can afford to get out of their GOR, that will be the end of their conference.

Yep it is called a buyout which is going to cost some bucs , about 120 mill . and that would end the ACC

 

[BobPSU92]

The dude is right. ***** slapping his lazy peers. There is no excuse that NCAA football doesn't have three strong conferences (BIG,SEC and ACC) given the location, talent and popularity of college football in the ACC territory. The BIG 8 plus four cropland states and the PAC 8 plus the MST teams are understandably now Group of 5 caliber, but to have schools from FL and I-95 states represented by Clemson almost alone is a crime of lassitude. Lassitude is a word.

I don’t know what Lassie has to do with this, but good points otherwise.

 

[pap]

See the link below. From the article:

“Florida State athletic director Michael Alford told his board of trustees on Friday that "something has to change" when it comes to closing the growing revenue gap with other conferences -- a sign that one of the biggest brands in the ACC is unhappy with the current structure.

In a phone interview with ESPN later Friday, Alford said he decided to make his comments after recent ACC winter meetings in which athletic directors and presidents discussed an uneven revenue sharing model at length without any consensus moving forward about what to do.”

FSU AD: Lagging ACC revenue 'has to change'

FSU athletic director Michael Alford says the $30 million-per-year difference in revenue between schools in the ACC and the SEC/Big Ten "has to change."

www.espn.com

Penn State to the acc.

Thanks for posting this it is spot on . And btw Psu to the ACC ? No

 

[Hardslider33]

Why would Disney rip up the deal? They have them schools by the balls. They own the ACC network also, fans will watch which means advertisers will buy spots. Schools just pissed they got bamboozled

 

[pioneerlion83]

The dude is right. ***** slapping his lazy peers. There is no excuse that NCAA football doesn't have three strong conferences (BIG,SEC and ACC) given the location, talent and popularity of college football in the ACC territory. The BIG 8 plus four cropland states and the PAC 8 plus the MST teams are understandably now Group of 5 caliber, but to have schools from FL and I-95 states represented by Clemson almost alone is a crime of lassitude. Lassitude is a word.

TV eyeballs say otherwise. In today's world of inter-collegiate athletics where all the athletic departments are self funded, and football does like 90% of the revenue, that is the reality. TV rights buyers know how many people will tune in for the big12/acc/pac, and they know its far far less than the big10 and sec. That's reality.

 

[Hugh Laurie]

John Swofford did a fairly good job during his tenure but clearly fell short on the revenue side. His raiding of the Big East was a thing of beauty and I don't think he and Mike Tranghese were exchanging Christmas cards at the end. Sounds like Swofford is leaving Phillips with some headwinds to navigate and it will be interesting to see how he handles a disgruntled FSU considering many of the ACC schools weren't in favor of admitting them to begin with.

 

[pap]

Why would Disney rip up the deal? They have them schools by the balls. They own the ACC network also, fans will watch which means advertisers will buy spots. Schools just pissed they got bamboozled

To avoid a potential lawsuit they don't need .

 

[Hardslider33]

To avoid a potential lawsuit they don't need .

Lawsuit need a legitimate base, which the schools don’t have. While I hate Disney/ESPN, they offered money for a set amount of time. It grows each year, the ACC conference was afraid of teams leaving and locked up its schools thru the duration of the tv contract. That was on Jim Phillips and conference schools in Carolina.
The fact that ESPN made a better deal while a bigger better conference isn’t a valid reason for a lawsuit.
The only recourse for schools is to challenge the Conference GOR in court.

 

[Psu00]

To avoid a potential lawsuit they don't need .

I don’t know if that’s a big concern to them. They have a pretty airtight case. All those schools voluntarily signed over their media rights for the duration of the deal. There was no deceit or wrongdoing, just a dumb decision that some of the teams now regret.

When it gets close for the ACC GOR to expire it will be interesting to see how many teams are ready to sign a new one and who holds out. You know the conference will push for all to sign a new early GOR to prevent being raided.

 

[pap]

I don’t know if that’s a big concern to them. They have a pretty airtight case. All those schools voluntarily signed over their media rights for the duration of the deal. There was no deceit or wrongdoing, just a dumb decision that some of the teams now regret.

When it gets close for the ACC GOR to expire it will be interesting to see how many teams are ready to sign a new one and who holds out. You know the conference will push for all to sign a new early GOR to prevent being raided.

I know I have been told the deal is iron clad , no question . It will be till 2036 before anything really happens but yes there are some angry schools namely FSU that want out . they see what is going on and want a part of it . But the lawsuit angle has been talked about for awhile now .

And yes it was a stupid decision because the presidents were mad when Maryland bolted and signed the deal to keep everyone in . 120 MILL buyout is huge , and the only way to get out of the ACC , Nice post btw .

 

[pap]

Lawsuit need a legitimate base, which the schools don’t have. While I hate Disney/ESPN, they offered money for a set amount of time. It grows each year, the ACC conference was afraid of teams leaving and locked up its schools thru the duration of the tv contract. That was on Jim Phillips and conference schools in Carolina.
The fact that ESPN made a better deal while a bigger better conference isn’t a valid reason for a lawsuit.
The only recourse for schools is to challenge the Conference GOR in court.

Need to up date your self . Phillips inherited the mess that is the ACC deal . The presidents had Joh Swofford write that deal up after Maryland bolted for the BIG and they were furious . So next tv deal with at that time just espn , they put up a 120 mill buyout to leave .

The ACC still thinks hoops and not football . And competing with the big boys , SEC and BIG is now the goal .

 

[OaktonDave]

Lawsuit need a legitimate base, which the schools don’t have. While I hate Disney/ESPN, they offered money for a set amount of time. It grows each year, the ACC conference was afraid of teams leaving and locked up its schools thru the duration of the tv contract. That was on Jim Phillips and conference schools in Carolina.
The fact that ESPN made a better deal while a bigger better conference isn’t a valid reason for a lawsuit.
The only recourse for schools is to challenge the Conference GOR in court.

This. Whenever a lawsuit is discussed the basis is always that the schools no longer like the deal and want to get out of it. The problem is that no one can articulate what the lawsuit will allege Disney/ESPN did wrong that would justify the lawsuit. Until someone can do that, a lawsuit is an idle and hopeless threat that Disney/ESPN has no reason to fear.

 

[pap]

This. Whenever a lawsuit is discussed the basis is always that the schools no longer like the deal and want to get out of it. The problem is that no one can articulate what the lawsuit will allege Disney/ESPN did wrong that would justify the lawsuit. Until someone can do that, a lawsuit is an idle and hopeless threat that Disney/ESPN has no reason to fear.

So there has to be a legitimate reason to have the lawsuit ?

 

[blion72]

So there has to be a legitimate reason to have the lawsuit ?

I thought that he meant that they would not have a case to void the contract. They may have reasons around not liking what they have, but no legal basis to void it/get out of it. not liking the deal is normal in many contracts, but not usually an argument to void the contract.

that doesn't mean that some school may not try to breach the contract and force litigation.

 

[pap]

I thought that he meant that they would not have a case to void the contract. They may have reasons around not liking what they have, but no legal basis to void it/get out of it. not liking the deal is normal in many contracts, but not usually an argument to void the contract.

that doesn't mean that some school may not try to breach the contract and force litigation.

Hopefully he reply on this because the deal is causing a lot of headaches .

 

[marshall23]

FSU fires warning shot to ACC: ‘Something has to change’

A trustee asked whether a buyout to leave the ACC was feasible. The answer wasn’t “no.”

www.tampabay.com

 

[Nitt1300]

So there has to be a legitimate reason to have the lawsuit ?

That hasn't seemed to have been the case for the last couple of years.

 

[OaktonDave]

So there has to be a legitimate reason to have the lawsuit ?

You can file whatever lawsuit you like, but for the suit to have any hope of success you have to have some grounds that will convince the judge or jury you should be let out of the contract. What, other than the inconvenience, would cause ESPN/Disney to fear a lawsuit that has no merit? You can't expect to successfully sue someone on the grounds that the contract you signed and the other party is living by is causing you headaches. Don't like the deal? Fine, pay the exit fee or offer the other party something that would cause them to make it a better deal for you.

 

[pap]

You can file whatever lawsuit you like, but for the suit to have any hope of success you have to have some grounds that will convince the judge or jury you should be let out of the contract. What, other than inconvenience, would cause ESPN/Disney to fear a lawsuit that has no merit? You can't expect to successfully sue someone on the grounds that the contract you signed and the other party is living by is causing you headaches. Don't like the deal? Fine, pay the exit fee or offer the other party something that would cause them to make it a better deal for you.

Thank you for clarifying . Btw how much do you know about the tv deal and do the schools have a chance if they do ? Thanks If don't know no problem .

 

[Nitt1300]

 

[OaktonDave]

Thank you for clarifying . Btw how much do you know about the tv deal and do the schools have a chance if they do ? Thanks If don't know no problem .

I don't know much detail about the deal beyond what I see in the news. I live in VA, so I've followed the saga of the ACC from the drama of them taking the former BE schools. to the current situation. I worked with contracts quite a bit during my USG career. Large scope, multi-million+ dollar contracts are large and very detailed beasts intended to make sure all parties know what they're signing up for and what they will get in return. Getting out of a contract is very difficult unless you can establish that the other party isn't fulfilling its obligations under the contract or engaged is some misconduct during the bidding or negotiating process. Simple buyer's remorse isn't getting them out of the deal. IMHO, if the schools want a better deal, they are better served trying to work with ESPN/Disney or waiting until such time comes they can pay the exit fee and move on.

 

[pap]

I don't know much detail about the deal beyond what I see in the news. I live in VA, so I've followed the saga of the ACC from the drama of them taking the former BE schools. to the current situation. I worked with contracts quite a bit during my USG career. Large scope, multi-million+ dollar contracts are large and very detailed beasts intended to make sure all parties know what they're signing up for and what they will get in return. Getting out of a contract is very difficult unless you can establish that the other party isn't fulfilling its obligations under the contract or engaged is some misconduct during the bidding or negotiating process. Simple buyer's remorse isn't getting them out of the deal. IMHO, if the schools want a better deal, they are better served trying to work with ESPN/Disney or waiting until such time comes they can pay the exit fee and move on.

Thank you for explaining . It appears to those that do know the buyout is the only way . Several other attorneys for both espn and other networks have said the deal is iron clad . Only the buyout gets them out .

It was reported that at least 4 schools would be willing to do what UCLA did to get out of the California deal by paying Cal a $10 mill fee every year to leave the conference . It was suggested that some ACC schools would do a similar deal to get out of the ACC contract . Simply by paying an exit fee every year until the GOR is paid off , if the ACC would allow that .

 

[GrimReaper]

Thank you for explaining . It appears to those that do know the buyout is the only way . Several other attorneys for both espn and other networks have said the deal is iron clad . Only the buyout gets them out .

It was reported that at least 4 schools would be willing to do what UCLA did to get out of the California deal by paying Cal a $10 mill fee every year to leave the conference . It was suggested that some ACC schools would do a similar deal to get out of the ACC contract . Simply by paying an exit fee every year until the GOR is paid off , if the ACC would allow that .

No. UCLA has not agreed to pay Cal $10mm p.a.

 

[DELion]

I don’t know what Lassie has to do with this, but good points otherwise.

Lassie thinks Florida State is barking up the wrong tree.

 

[pap]

Lassie thinks Florida State is barking up the wrong tree.

Lol that is good

 

[Bison13]

So will Florida State be in the Big Ten or the SEC? And who joins them?

 

[pap]

So will Florida State be in the Big Ten or the SEC? And who joins them?

If they pay the buyout most likely BIG . But we shall see

 

[Psu00]

So will Florida State be in the Big Ten or the SEC? And who joins them?

Who knows. The rumors on that front have significantly slowed down since the USC/ UCLA announcement. FSU was reportedly talking to both the SEC and Big Ten. I saw some reports at the beginning of the season that had FSU, Miami, Clemson, and North Carolina all heading to the SEC.

Hope that’s not true. If expansion is going to continue, I’d love to see FSU and Miami in the Big Ten. 2 more eastern schools, good road trips in a region with a lot of PSU alumni, and far better additions than Cal and Stanford, (which the Midwest folks seems so fixated on).

 

[Charlie1978]

I don’t know what Lassie has to do with this, but good points otherwise.

thanks mate

 

[EPC FAN]

Why would Disney rip up the deal? They have them schools by the balls. They own the ACC network also, fans will watch which means advertisers will buy spots. Schools just pissed they got bamboozled

How could that happen with all them there smart schools? UVA, UNC, WAKE FOREST, GATech, PITT, DaU, and DUKE.