FSU Leaving the ACC?

Thiefery said:
TBH, FSU is very important to the ACC.. Would FSU add value if they were to switch to the SEC.. and if so how much more are they worth? I think the guy said this in order to force the ACC to do something.. I have a feeling unequal revenue sharing is back on the menu as a short term solution for a real problem down the road.

I read that since Covid.. FSU and Clemson are the top 2 schools with viewership in the ACC

BTW I can't buy the number they say would take for them to leave (120 mil) I think that's just the exit penalty.. I think the number is much higher when it comes to getting it's rights back to go elsewhere. UT and ou paid 50 mil a piece to get out one year early.. how much would it cost to get out 12 years early?
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Hell, I remember similar issues many moons ago over how to split gate revenue during high school playoff games. Odessa Permian played Lewisville in Abilene back in the late 60s/early 70s. Permian had about 6,000 fans pay for tickets and Lewisville had 600. After expenses, Abilene ISD sent each school 50% of the remaining gate receipts but they didn’t put an equal amount into the pot. Smaller scale but similar issue.

Side note: Lewisville was leading at halftime and started mocking Permian with chants of “Where is MOJO?”. Shouldn’t have done that. All it did was wake up MOJO. Should have left the sleeping dog alone.
 
Deep Creek said:
Hell, I remember similar issues many moons ago over how to split gate revenue during high school playoff games. Odessa Permian played Lewisville in Abilene back in the late 60s/early 70s. Permian had about 6,000 fans pay for tickets and Lewisville had 600. After expenses, Abilene ISD sent each school 50% of the remaining gate receipts but they didn’t put an equal amount into the pot. Smaller scale but similar issue.

Side note: Lewisville was leading at halftime and started mocking Permian with chants of “Where is MOJO?”. Shouldn’t have done that. All it did was wake up MOJO. Should have left the sleeping dog alone.
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and that makes sense.. People love to bring up the Big12 doing unequal shares.. but it was at a time where UT/ou/NU/aggy were on national TV more than the other schools... the media contract they got was based on the big names. I understand its different today but at a point, there's going to be another huge shift in the future where you basically have the biggest money generators in a league that get the majority of the pie compared to other schools who will make less.
 
Thiefery said:
and that makes sense.. People love to bring up the Big12 doing unequal shares.. but it was at a time where UT/ou/NU/aggy were on national TV more than the other schools... the media contract they got was based on the big names. I understand its different today but at a point, there's going to be another huge shift in the future where you basically have the biggest money generators in a league that get the majority of the pie compared to other schools who will make less.
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This has been building for years. ACC has been run by Tobacco Road and basketball. The “football” schools have been bitching about it for over a decade.
 
Hu War Yu said:
Bring back the Big East!
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At some pt that may happen. It appears college football is going to a 2 conference format, Big 10 and the SEC. If they keep growing at some point, they will have divisional format with a 3-5 team conference playoff.
 
Codaxx said:
This has been building for years. ACC has been run by Tobacco Road and basketball. The “football” schools have been bitching about it for over a decade.
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^ 100%, Clemson and FSU were flirting with the Big12 at one point , the ACC commissioner got the deal with ESPN which many thought was a great/stable deal and locked the members up in a GOR. As it turns out their deal was pretty weak but the GOR has them locked in until the 2030’s…. Or did until Texas and OU worked a deal to get out of theirs so now there’s at least a path and blueprint for them, VERY VERY expensive path if/when it happens but.. may be worth it long term.
 
Thiefery said:
and that makes sense.. People love to bring up the Big12 doing unequal shares.. but it was at a time where UT/ou/NU/aggy were on national TV more than the other schools... the media contract they got was based on the big names. I understand its different today but at a point, there's going to be another huge shift in the future where you basically have the biggest money generators in a league that get the majority of the pie compared to other schools who will make less.
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And that's dependent on how long the money generators are willing to subsidize the others just to keep them around.
 
Deep Creek said:
And that's dependent on how long the money generators are willing to subsidize the others just to keep them around.
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what are the others going to do? they won't have a choice.. getting 60% of what the other big brands get or 100% of what other not big brands get? I'm pretty sure 60%>100%
 
Thiefery said:
what are the others going to do? they won't have a choice.. getting 60% of what the other big brands get or 100% of what other not big brands get? I'm pretty sure 60%>100%
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Of course the 60%s will take it. My comment was more along the line of how long the big brands are willing to even go to 60% when the others aren’t bringing value to justify that amount.

It’ll be similar to commission. “I’m bringing X value to the company and your bringing Y value so we’re compensated accordingly.”

We know they all get 7% of the revenue. Be interesting to see the rest of the teams in the ACC percentage of value from that study. The article only referenced FSU.
 
Hu War Yu said:
Bring back the Big East!
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Remember when the Big East was trying to stay alive as a football conference and they offered membership to Boise State and San Diego State? IIRC, they turned them down and it seemed crazy at the time because of geography, but now with Rutgers and USC going to be conference mates in a couple years, turns out they were ahead of their time.

But the Big East towards the end when their 8 teams were: WVU, Louisville, Pitt, Rutgers, Syracuse,Cincy, USF and UConn, that had to be the worst major conference of all time. Losing Va Tech, Miami and Boston College killed them as a football conference, it just took around 10 years to die
 
Illustrious Potentate said:
Remember when the Big East was trying to stay alive as a football conference and they offered membership to Boise State and San Diego State? IIRC, they turned them down and it seemed crazy at the time because of geography, but now with Rutgers and USC going to be conference mates in a couple years, turns out they were ahead of their time.

But the Big East towards the end when their 8 teams were: WVU, Louisville, Pitt, Rutgers, Syracuse,Cincy, USF and UConn, that had to be the worst major conference of all time. Losing Va Tech, Miami and Boston College killed them as a football conference, it just took around 10 years to die
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Maybe among Power5 conferences.

I think the new Pac12 can compete with them though. Pac12 just doesn't feel the same without the LA schools and I really am a fan of letting it die now. I wish the B1G would go ahead and just grab up Oregon and Washington. We know it is inevitable.
 
Red_Alert said:
Gonna make TX/OU's $50 mil look like chump change.
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I just Googled and the ACC estimated payout per team from 2024 to 2029 (six years) is 285 million but the GOR runs through 2036 so that is going to be at least another 330 million for a total of 615 million and that's a low estimate.

Considering the ACC will make more than half of what an SEC team will make that means they wouldn't break even for over 15 years.

I have no idea what numbers they are giving the bd of Trustees but if I had to guess I'm betting strongly that they are close to the above and they are just doing this exercise to show everybody they are stuck in the ACC for years to come. No one can stroke a check for 615 million.

This is a sign that the ACC will most likely be done by the end of the 2036 term if they don't make substantial moves to close the gap.

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Codaxx said:
At some pt that may happen. It appears college football is going to a 2 conference format, Big 10 and the SEC. If they keep growing at some point, they will have divisional format with a 3-5 team conference playoff.
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I think at some point it evolves where the B1G and SEC form their own division and the conference champions play each year for the national championship at least in football. I'm not wholly convinced they don't try and control the basketball post season as well at some point.
 
Wild Turkey said:
I just Googled and the ACC estimated payout per team from 2024 to 2029 (six years) is 285 million but the GOR runs through 2036 so that is going to be at least another 330 million for a total of 615 million and that's a low estimate.

Considering the ACC will make more than half of what an SEC team will make that means they wouldn't break even for over 15 years.

I have no idea what numbers they are giving the bd of Trustees but if I had to guess I'm betting strongly that they are close to the above and they are just doing this exercise to show everybody they are stuck in the ACC for years to come. No one can stroke a check for 615 million.

This is a sign that the ACC will most likely be done by the end of the 2036 term if they don't make substantial moves to close the gap.

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The GOR is an interesting situation and is curious for the following reason.

A party can typically escape a contract if they show Financial hardship resulting from market conditions related to the contract. Courts have done that in the past.

In this case, there isn't a Financial Hardship but there is an out there argument that the signing of the original GOR did not account for the change in the market with CFB (NIL, etc.) and this could be the "out" that FSU's legal counsel is talking about. It is a risk because it hasn't been challenge before.

In this case it isn't a hardship but it is definitely clear that this TV contract is putting the ACC behind its competition.

This is why management at most companies don't want contracts over 3 years. I mean, the legal counsels for these Universities were not very effective when they signed these contracts (granted they could have been ignored). The key is not having any "outs" or potential to negotiate new terms based on market changes. I imagine no one in ACC is particularly happy with TV deal so it will likely be ACC vs. provider when the dust settles.

I see that being the push by Clemson and FSU is to go back and try to renegotiate the TV contract.
 
Illustrious Potentate said:
Remember when the Big East was trying to stay alive as a football conference and they offered membership to Boise State and San Diego State? IIRC, they turned them down and it seemed crazy at the time because of geography, but now with Rutgers and USC going to be conference mates in a couple years, turns out they were ahead of their time.

But the Big East towards the end when their 8 teams were: WVU, Louisville, Pitt, Rutgers, Syracuse,Cincy, USF and UConn, that had to be the worst major conference of all time. Losing Va Tech, Miami and Boston College killed them as a football conference, it just took around 10 years to die
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Bad part is, Joe Paterno and the PSU brass wanted them to take Penn State as a full member and create an “eastern conference” which at the time would have been a fantastic conference for football , already was a premier conference for basketball along with the ACC but Pitt didn’t want the in competition for recruits and the basketball only schools were short sighted thinking basketball (which buttered all of the bread back then) was all they would ever need so they told PSU to pound sand..

The rest is history, that sealed their fate. Would have been interesting to see what that conference would have done had they made that move. Maybe all the moves happen anyway, maybe not but would have been a lot of fun for awhile anyway.

Penn State (very strong in that era NC caliber teams)
Miami (in their heyday same as PSU)
Pitt
Syracuse (strong program in those days)
WVU (played for 2 national titles in that era)
VT
BC
Rutgers
Temple
Louisville (who was in CUSA at the time iirc)
 
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CoalTrain said:
Bad part is, Joe Paterno and the PSU brass wanted them to take Penn State as a full member and create an “eastern conference” which at the time would have been a fantastic conference for football , already was a premier conference for basketball along with the ACC but Pitt didn’t want the in competition for recruits and the basketball only schools were short sighted thinking basketball (which buttered all of the bread back then) was all they would ever need so they told PSU to pound sand..

The rest is history, that sealed their fate. Would have been interesting to see what that conference would have done had they made that move. Maybe all the moves happen anyway, maybe not but would have been a lot of fun for awhile anyway.
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Never can tell. Had Penn State came aboard, maybe Miami, VT and BC stay and the conference is still going strong today, and would have the inside track to land ND should circumstances force them to join a conference for football
 
Illustrious Potentate said:
Never can tell. Had Penn State came aboard, maybe Miami, VT and BC stay and the conference is still going strong today, and would have the inside track to land ND should circumstances force them to join a conference for football
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ND has the strong connections to the northeast so yea possibly could have gotten them and possibly Florida State depending on when exactly that all went down.
 
Illustrious Potentate said:
Remember when the Big East was trying to stay alive as a football conference and they offered membership to Boise State and San Diego State? IIRC, they turned them down and it seemed crazy at the time because of geography, but now with Rutgers and USC going to be conference mates in a couple years, turns out they were ahead of their time.

But the Big East towards the end when their 8 teams were: WVU, Louisville, Pitt, Rutgers, Syracuse,Cincy, USF and UConn, that had to be the worst major conference of all time. Losing Va Tech, Miami and Boston College killed them as a football conference, it just took around 10 years to die
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Yep, and the old 16-team WAC was a bit of a pioneer. Now, they mainly didn't survive because their teams were second tier, but they were too spread out and too big. Now look at the Big Ten map.
 
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