Clemson, Fla St., Oregon and Washington to Big 10 ?

Irvin Snibbley

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Heard a reporter on Sirius XM say that FSU was perhaps in search of a low interest loan to pay the exit fee.
100 million over say 8-10 years is doable if the revenue jumps like a move to SEC or Big 10 would likely bring.
Now who would make the loan I don't know.
 

KingWard

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And they may have a pretty good restraint of trade argument. The GOR is akin to a “non-compete agreement”. NCAs have certain limitations in geography and length of time. If NCAs are too broad they can be deemed to be overreaching and hamper normal business practices and as a result can be limited in scope. Hence, restraint of trade.
How booked up are you? Looks like a lot of billable hours to me.
 

Lurker123

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Yes. If FSU wanted to leave AND could leave AND had a plan to leave, they'd just do it. That they keep going public with stuff like this tells you they are just trying to squeeze someone for more money.

Everything they've done publicly tells you they are not in a position of power. The BOT presented the financial situation as dire. Dire.

The one BOT member said the GOR was the least of his concerns. Well, ok then, why haven't they announced a plan to leave? Either he's full of it (most likely case) or they can break the GOR but nobody wants them.

So we're supposed to believe that (1) the situation is dire and (2) you aren't concerned about being able to break the GOR but you still aren't doing anything about leaving.

I get that they are trying to squeeze money, but I think the big sticking point is they don't have an invitation yet.

I think the first that offers FSU, Clemson etc, be it the b10 or the SEC, will see them stop talking and jump ship.
 

18IsTheMan

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And they may have a pretty good restraint of trade argument. The GOR is akin to a “non-compete agreement”. NCAs have certain limitations in geography and length of time. If NCAs are too broad they can be deemed to be overreaching and hamper normal business practices and as a result can be limited in scope. Hence, restraint of trade.

It's an interesting approach. However, when Texas and OU decided to leave the Big 12, they agreed to pay a combined $100 million in exit fees JUST get out one year earlier before the current GOR runs out. If they were willing to pay $100 million to leave a year early, I'd think the restraint of trade argument wasn't viable.
 

Rogue Cock

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It has it’s holes, and it could be ti
It's an interesting approach. However, when Texas and OU decided to leave the Big 12, they agreed to pay a combined $100 million in exit fees JUST get out one year earlier before the current GOR runs out. If they were willing to pay $100 million to leave a year early, I'd think the restraint of trade argument wasn't viable.
It has its holes and it could be tied up in court for years. I’m thinking more along the lines that it is a colorable argument that could be used to reduce the amount owed. The ACC wouldn’t want to lose that case.
 

Deleted11512

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Heard a reporter on Sirius XM say that FSU was perhaps in search of a low interest loan to pay the exit fee.
100 million over say 8-10 years is doable if the revenue jumps like a move to SEC or Big 10 would likely bring.
Now who would make the loan I don't know.
Ok, say they can do that to cover the exit fee (whatever that is). Who is going to take them and NOT get paid for their home games for the next 13 years?? How are they going to bridge that gap?
 
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TN-Gamecock

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Being on the UNC sites to see what their take is, I hope like hell Clemson and FSU get an invite from the B10. From there, I hope UNC, UVA have to go the B12 or AAC...lol...

I know most on this board hates Clemson more than another school but for me it's UNC. UNC fans think the B10 is dying to get them. I hope the joke is on them.

UNC fans claim the B10 wants to get into the North Carolina market. They don't need UNC for that. Clemson covers most of the NC market. (Western NC, Charlotte and Wilmington).
 

Lurker123

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Ok, say they can do that to cover the exit fee (whatever that is). Who is going to take them and NOT get paid for their home games for the next 13 years?? How are they going to bridge that gap?

I believe the exit fee is to get out of the GOR agreement, right? Meaning if they negotiate an exit fee, they aren't also giving up their TV rights for 13 years.
 
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Deleted11512

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I believe the exit fee is to get out of the GOR agreement, right? Meaning if they negotiate an exit fee, they aren't also giving up their TV rights for 13 years.
UNC AD made some interesting comments about the FSU admin.


"I don't think it's good for our league for them to be out there barking like that," Cunningham said on "The Adam Gold Show." "I'd rather see them be a good member of the league, support the league and if they have to make a decision, then so be it. Pay for the exit fee, wait for your grant of rights that you've given and then in 2036, when those rights return to you, do whatever you want."


From what he is saying, the exit fee doesn’t let you out of the GOR.
 

18IsTheMan

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I believe the exit fee is to get out of the GOR agreement, right? Meaning if they negotiate an exit fee, they aren't also giving up their TV rights for 13 years.

The exit fee is separate from the GOR. Exit fee is 3x annual revenue, currently $120 million. On top of that are the media rights which the ACC owns through 2036.

UNC's AD made some interesting comments, some of which are noted above. However, he noted when your university general counsel, president and BOT all willing and voluntarily agreed to and signed off on the GOR, it's extremely difficult to see a way out.
 

Rogue Cock

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The exit fee is separate from the GOR. Exit fee is 3x annual revenue, currently $120 million. On top of that are the media rights which the ACC owns through 2036.

UNC's AD made some interesting comments, some of which are noted above. However, he noted when your university general counsel, president and BOT all willing and voluntarily agreed to and signed off on the GOR, it's extremely difficult to see a way out.
There are some legal arguments that can be made against the GOR, as there are against other types of contracts, but they will be expensive and take a while to come to a settlement.
 
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18IsTheMan

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There are some legal arguments that can be made against the GOR, as there are against other types of contracts, but they will be expensive and take a while to come to a settlement.

I would defer to you on that. My brother is a contract lawyer, but that knowledge does not trickle down to me :)

From my perspective, I have to imagine UNC, Duke and UVA have some pretty dadgum sharp lawyers. That no serious legal challenge has even been floated, seems telling to me. Way back when the GOR was all the talk a few months ago, a source from one of those schools said their lawyers have taken the GOR apart syllable by syllable.
 
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Rogue Cock

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I would defer to you on that. My brother is a contract lawyer, but that knowledge does not trickle down to me :)

From my perspective, I have to imagine UNC, Duke and UVA have some pretty dadgum sharp lawyers. That no serious legal challenge has even been floated, seems telling to me. Way back when the GOR was all the talk a few months ago, a source from one of those schools said their lawyers have taken the GOR apart syllable by syllable.
And this is why people hate lawyers…..sometimes it is simply finding a reasonable enough issue that could threaten the whole agreement to force a settlement on less harsh terms. But someone will have to put up the money for that.
 
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18IsTheMan

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And this is why people hate lawyers…..sometimes it is simply finding a reasonable enough issue that could threaten the whole agreement to force a settlement on less harsh terms. But someone will have to put up the money for that.

The UNC AD chided FSU's president for his saber rattling. While he acknowledged the GOR is likely an insurmountable obstacle, he also conceded that the ACC in its current format is not sustainable.

What that means is beyond my capacity to discern. I'm pretty transparent that I don't really understand the ultimate goal of expansion in the first place.

Does ESPN want to lose brands like UNC to Fox Sports? They aren't much for football, but they are one of the iconic brands in college sports nevertheless.
 
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Rogue Cock

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The UNC AD chided FSU's president for his saber rattling. While he acknowledged the GOR is likely an insurmountable obstacle, he also conceded that the ACC in its current format is not sustainable.

What that means is beyond my capacity to discern. I'm pretty transparent that I don't really understand the ultimate goal of expansion in the first place.

Does ESPN want to lose brands like UNC to Fox Sports? They aren't much for football, but they are one of the iconic brands in college sports nevertheless.
I have no idea what that means either and if UNC leaves it will only be when there is no hope that the conference will remain intact….long way from that happening. Pretty much, they need to negotiate a better contract somehow, someway.
 
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18IsTheMan

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I have no idea what that means either and if UNC leaves it will only be when there is no hope that the conference will remain intact….long way from that happening. Pretty much, they need to negotiate a better contract somehow, someway.

You have a better understanding of this stuff than I do. Could ESPN renegotiate the ACCs media rights deal to increase revenue to something acceptable for those schools? Do they have any motivation to do so? Financially, considering ESPN's current situation, are they even in a position to do so?

If FSU is indeed trending up (I'm skeptical) and if Clemson can remain a top 10-ish program for the near future (also skeptical), that's good for the ACC. Then in basketball season you've always got UNC and Duke out there.

I think I need to go to night school to get an MBA so I can keep up with college football.
 
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Rogue Cock

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You have a better understanding of this stuff than I do. Could ESPN renegotiate the ACCs media rights deal to increase revenue to something acceptable for those schools? Do they have any motivation to do so? Financially, considering ESPN's current situation, are they even in a position to do so?

If FSU is indeed trending up (I'm skeptical) and if Clemson can remain a top 10-ish program for the near future (also skeptical), that's good for the ACC. Then in basketball season you've always got UNC and Duke out there.

I think I need to go to night school to get an MBA so I can keep up with college football.
Great questions and I’m not sure. I would think ESPN could renegotiate the ACC TV deal but I also understand that they are in negotiations to purchase a large streaming provider which would explain a lot of their cost-cutting.
 

gamecock stock

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I get that they are trying to squeeze money, but I think the big sticking point is they don't have an invitation yet.

I think the first that offers FSU, Clemson etc, be it the b10 or the SEC, will see them stop talking and jump ship.
I can understand the SEC not offering FSU and Clemson. The SEC already is in the Sunshine and Palmetto states. And I don't believe for one minute that the Gators want FSU in the SEC. In fact, I'm hearing that they privately are telling the SEC "NO". And the Gators have been in the SEC over 90 years. So, they have some "pull". Unless bringing in FSU and Clemson significantly increases the existing members payouts, which is questionable since the SEC is in those states, getting into the SEC does not look promising. I know people talk about "brand". But FSU is not looked at nationally as they were in Bobby Bowden's heyday. And Clemson is not that far removed from the Tommy Bowden era. "Brands" come and go. State boundaries (markets) are forever.

So what's holding back the Big 10? Is it academics (AAU designation)?
 
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18IsTheMan

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I can understand the SEC not offering FSU and Clemson. The SEC already is in the Sunshine and Palmetto states. And I don't believe for one minute that the Gators want FSU in the SEC. In fact, I'm hearing that they privately are telling the SEC "NO". And the Gators have been in the SEC over 90 years. So, they have some "pull". Unless bringing in FSU and Clemson significantly increases the existing members payouts, which is questionable since the SEC is in those states, getting into the SEC does not look promising. I know people talk about "brand". But FSU is not looked at nationally as they were in Bobby Bowden's heyday. And Clemson is not that far removed from the Tommy Bowden era. "Brands" come and go. State boundaries (markets) ae forever.

So what's holding back the Big 10? Is it academics (AAU designation)?

With the apparent confirmation that Oregon and Washington are indeed bound for the Big 10 and rumored that the Big 10 may then target Stanford and Cal, FSU and Clemson are probably off the table for the Big 10.

Since this is the direction the Big 10 is going, I don't think the SEC needs to do anything. Big 10 ADs don't believe the addition of Oregon and Washington will increase per school payout. In that case, there's no motivation for the SEC to add more schools.
 

Legalsizecock

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That's not why. 🙂
People hate lawyers? I think that is not accurate, I paraphrase from the immortal Lionel Hutts, Esq. from the law office of "Lawyers Are Us" at the Springfield Mall: "That's great, Lisa! One thing we can all agree on. The world needs more lawyers."
 
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Gamecock Jacque

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People hate lawyers? I think that is not accurate, I paraphrase from the immortal Lionel Hutts, Esq. from the law office of "Lawyers Are Us" at the Springfield Mall: "That's great, Lisa! One thing we can all agree on. The world needs more lawyers."
You sound like a lawyer. 🙂
 

muscleknight

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Heard a reporter on Sirius XM say that FSU was perhaps in search of a low interest loan to pay the exit fee.
100 million over say 8-10 years is doable if the revenue jumps like a move to SEC or Big 10 would likely bring.
Now who would make the loan I don't know.
FSU could contact the Mob
 
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Deleted11512

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They get teams down here and it opens up more recruiting inroads for all their teams. It would be catastrophic over time. As I said, we don't have any good way of getting back at them. SEC supremacy is weighed in the balances right now if this happens.
I don’t get that thought process. Just bc the SEC added OU doesn’t mean we’re just going to be able to go into OK any easier. We didn’t just start adding TX recruits when the SEC added A&M. If anything, it helped those teams protect their home turf bc they are now part of a better brand.
 
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KingWard

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I don’t get that thought process. Just bc the SEC added OU doesn’t mean we’re just going to be able to go into OK any easier. We didn’t just start adding TX recruits when the SEC added A&M. If anything, it helped those teams protect their home turf bc they are now part of a better brand.
Don't compare what we can't do to what other schools can do. Oklahoma has no players. Texas has a lot of players. Yes, I think having two SEC schools in a place like Texas has recruiting advantages elsewhere in the league, especially for proximate schools like LSU and Arkansas. Much now depends on NIL considerations; both of those schools measure up well, especially LSU. I mean, Michigan and Penn State gets players out of Ohio, but the kind of players they get are Big 10 caliper players, not dogs. I also think that, when legacy brands get to play outside their own areas, and do so frequently, it certainly makes them more familiar to prospects from the areas where the legacy brands go to play. Notre Dame lives on that. It HAS to carry some weight.
 
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Deleted11512

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Ok, then what is the closest B10 school to FL? There are none. Personally, if the ACC implodes, I’d much rather Clem end up in a conference as an outlier. As far as it relates to the SEC, I don’t think it matters much if Clem/FSU are in the B10 or ACC.
 

Harvard Gamecock

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I get that they are trying to squeeze money, but I think the big sticking point is they don't have an invitation yet.

I think the first that offers FSU, Clemson etc, be it the b10 or the SEC, will see them stop talking and jump ship.
Or do they ?
 

KingWard

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Ok, then what is the closest B10 school to FL? There are none. Personally, if the ACC implodes, I’d much rather Clem end up in a conference as an outlier. As far as it relates to the SEC, I don’t think it matters much if Clem/FSU are in the B10 or ACC.
I completely disagree. You've just expressed my biggest concern: Multiple Big 10 schools in the South. Forget that the SEC plays better football; the Big 10 is now in a position of greater financial and visual leverage. The SEC would have no reciprocal answer to the B1G coming South except attracting Notre Dame, which is unlikely. The best remedy would be to lock down any desirable ACC schools that become available, up to whatever number of schools becomes maximal.
 
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Prestonyte

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With the apparent confirmation that Oregon and Washington are indeed bound for the Big 10 and rumored that the Big 10 may then target Stanford and Cal, FSU and Clemson are probably off the table for the Big 10.

Since this is the direction the Big 10 is going, I don't think the SEC needs to do anything. Big 10 ADs don't believe the addition of Oregon and Washington will increase per school payout. In that case, there's no motivation for the SEC to add more schools.
Still think quality over quantity!
Increasing the quantity only further dilutes the quality of the $$$$$ being shared by current SEC members.
 

Prestonyte

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I completely disagree. You've just expressed my biggest concern: Multiple Big 10 schools in the South. Forget that the SEC plays better football; the Big 10 is now in a position of greater financial and visual leverage. The SEC would have no reciprocal answer to the B1G coming South except attracting Notre Dame, which is unlikely. The best remedy would be to lock down any desirable ACC schools that become available, up to whatever number of schools becomes maximal.
I don't think the Big10 adding CU/FSU makes them any better or more marketable.
 

KingWard

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I don't think the Big10 adding CU/FSU makes them any better or more marketable.
I consider that assumption naive, both as it pertains to the schools involved and as it pertains to the Big 10 Conference. All those entities would benefit to some extent.
 
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TN-Gamecock

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I completely disagree. You've just expressed my biggest concern: Multiple Big 10 schools in the South. Forget that the SEC plays better football; the Big 10 is now in a position of greater financial and visual leverage. The SEC would have no reciprocal answer to the B1G coming South except attracting Notre Dame, which is unlikely. The best remedy would be to lock down any desirable ACC schools that become available, up to whatever number of schools becomes maximal.
Not sure whether I agree or disagree. I think Sankey is in the driver's seat of all this. Let him sit back and watch how this goes down because there is one thing for certain. If the B10 takes Stanford and Cal, it will look dismal for FSU and Clemson. On top of that, I don't necessarily think the BI0 would take UNC/UVA/Duke over FSU and Clemson. Why? UNC can't go anywhere without NCSU according to the State Legislature of NC. I also don't think UVA can leave without Tech.

God love Sankey, he is the commissioner who is COCK OF THE WALK!!!!
 

Lurker123

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Or do they ?

They might, I suppose.

I admit I don't know personally. What confuses me a little is there is a Clemson site I peruse for their sides of rumors (not taternet Stock, i cant sink that low).

Of course, every site pretends they know what's really going on, but the guy running this site has been zero panic, talking about "dominoes falling" and how each of these expansion steps have almost been following a roadmap.

He insinuates that we're fast approaching FSU and Clemson getting an invite, and that when they do, the gor will not stop them from bolting.

I guess I find the lack of any sign of panic, or even resignation at being stuck, gives me a nagging feeling that Clemson already has a landing spot outside the acc in mind. (And maybe fsu too)
 

KingWard

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Not sure whether I agree or disagree. I think Sankey is in the driver's seat of all this. Let him sit back and watch how this goes down because there is one thing for certain. If the B10 takes Stanford and Cal, it will look dismal for FSU and Clemson. On top of that, I don't necessarily think the BI0 would take UNC/UVA/Duke over FSU and Clemson. Why? UNC can't go anywhere without NCSU according to the State Legislature of NC. I also don't think UVA can leave without Tech.

God love Sankey, he is the commissioner who is COCK OF THE WALK!!!!
He has been. He'd better continue to be. You don't get to rest on your laurels while a situation is liquid.

I like the league at 16. We added two great brands.

The B1G is now involved with three TV providers and they are all over the air, as well as otherwise delivered. The SEC has ESPN and ABC.

We're in danger of being outflanked. I like a contiguous conference. If something good opens up in the South, the SEC must respond. I don't even think it's arguable.

The only thing that would change my mind would be if the BIG's expanded league flounders. That isn't likely. If anything, they'll continue to expand. In business school, they taught me that whoever has the most cash wins. They won't keep growing if it's not paying.
 
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Rogue Cock

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He has been. He'd better continue to be. You don't get to rest on your laurels while a situation is liquid.

I like the league at 16. We added two great brands.

The B1G is now involved with three TV providers and they are all over the air, as well as otherwise delivered. The SEC has ESPN and ABC.

We're in danger of being outflanked. I like a contiguous conference. If something good opens up in the South, the SEC must respond. I don't even think it's arguable.

The only thing that would change my mind would be if the BIG's expanded league flounders. That isn't likely. If anything, they'll continue to expand. In business school, they taught me that whoever has the most cash wins. They won't keep growing if it's not paying.
And they are about to be in four if the rumors about the ESPN approaching them for a Friday Night game based on their additions of the west coast schools are true.

And I still get the feeling that the B1Gs ultimate goal is 24 schools....which would make the addition of Stanford and Cal possible giving them 20 teams...and waiting for what I think is the inevitable break up of the ACC. That would give them 4 divisions of 6 teams, all playing earch other, and then playing one team from each other division on a rotating basis...giving them a 9 game conference schedule. Perfect for TV media rights.
 
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Deleted11512

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Not sure whether I agree or disagree. I think Sankey is in the driver's seat of all this. Let him sit back and watch how this goes down because there is one thing for certain. If the B10 takes Stanford and Cal, it will look dismal for FSU and Clemson. On top of that, I don't necessarily think the BI0 would take UNC/UVA/Duke over FSU and Clemson. Why? UNC can't go anywhere without NCSU according to the State Legislature of NC. I also don't think UVA can leave without Tech.

God love Sankey, he is the commissioner who is COCK OF THE WALK!!!!
Agree with this. Dennis Dodd was saying today that the SEC isn’t interested in CU/FSU bc ESPN won’t pay them. They won’t increase the per school payout. I’ve seen that in other places over the last several years as well. The networks drive all this expansion talk. Doesn’t really matter what makes sense to the fan, if the 4 letter network ain’t paying, we ain’t adding. Adam Rittenburg tweeted that he was told by a high ranking official at a B10 school that Fox was “running the league now”.
 
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