Seven Costanza said:
I would love to see Mizzou swapped out for Florida State.
I'll allow this.
Seven Costanza said:
I would love to see Mizzou swapped out for Florida State.
greg.w.h said:You have zero idea what you're talking about,rootube said:greg.w.h said:The failure of Bally's and AT&T regional sports networks suggest the market overall for live sports is over saturated, on the other hand…rootube said:Whaler said:I tend to agree with you. It's crazy what is being spent for a college game. But, I think universities are chasing the visibility more than a trophy, and they must think it's worth it. The changes to the game are making it less enjoyable to a lot of people though, and I could see it all crashing down someday, but who knows.OrygunAg said:
The money, time and effort being thrown at the college game is ridiculous. I dont see how it'll be sustainable when people wake up realize they are prioritizing $$$M to a school sport in the hopes of some trophy.
Ha! Trust me, we will know it's less enjoyable when media companies pay less for a TV deal not more. The recent B10 contract signals CFB is undervalued not overvalued. Who knows, maybe this changes but right now ESPN is getting a steal on the SEC and ACC deals.
That would be significant to the conversation if they were involved in bidding for college football media rights.
The other way around: why precisely are Bally's (really Sinclair's Diamond Sports) and AT&T Sportsnet both failing? Cord cutting is impinging gross revenue and putting them in annual loss positions on contracts they/predecessors wrote that at the time were sufficient revenue. The doubling down on football is roughly two calendar quarters with some content. The RSNs for local professional league content funded rosters and covered the rest of the year.rootube said:greg.w.h said:You have zero idea what you're talking about,rootube said:greg.w.h said:The failure of Bally's and AT&T regional sports networks suggest the market overall for live sports is over saturated, on the other hand…rootube said:Whaler said:I tend to agree with you. It's crazy what is being spent for a college game. But, I think universities are chasing the visibility more than a trophy, and they must think it's worth it. The changes to the game are making it less enjoyable to a lot of people though, and I could see it all crashing down someday, but who knows.OrygunAg said:
The money, time and effort being thrown at the college game is ridiculous. I dont see how it'll be sustainable when people wake up realize they are prioritizing $$$M to a school sport in the hopes of some trophy.
Ha! Trust me, we will know it's less enjoyable when media companies pay less for a TV deal not more. The recent B10 contract signals CFB is undervalued not overvalued. Who knows, maybe this changes but right now ESPN is getting a steal on the SEC and ACC deals.
That would be significant to the conversation if they were involved in bidding for college football media rights.
If you are saying I don't know what Bally's sports is, you would be correct. If you are saying the demise of Bally's is the beginning of the downfall of college football media rights then you are probably incorrect.
Seven Costanza said:
I would love to see Mizzou swapped out for Florida State.
Whaler said:
I think universities are chasing the visibility more than a trophy, and they must think it's worth it.
jja79 said:
How much does having Duke and UNC basketball contribute? A lot.
Florida State is not playing around. Emergency board of trustees meeting called for tomorrow.
— Andy Staples (@Andy_Staples) December 21, 2023
Considering the ACC pre-backfilled by adding Cal, Stanford and SMU to make sure it remained at 14 full members, the process of getting to the inevitable seems to be speeding up. pic.twitter.com/wIV5SNQKEd
Florida State announces a Board of Trustees meeting for Friday. As detailed here, they are expected to explore a legal challenge to the ACC’s Grant of Rights. Sources told ESPN FSU officials/lawyers have gone to ACC headquarters at least a half-dozen times to examine the GOR. https://t.co/219J0EJ3DL
— Pete Thamel (@PeteThamel) December 21, 2023
I think that would be the school's preference, but posters on an FSU site seem to think the SEC isn't inviting over Florida/Georgia/Alabama objections and the Big Ten would love a chance to get into Florida.wangus12 said:
They're gonna try and jump for the SEC
W said:
why in the world did Florida State and Clemson agree to a TV deal that runs until 2036?
that was incredibly short-sighted.
generally speaking all long-term contracts in sports are dumb, because things change so quickly
edit
Yellerjacket said:They did it to us. I think they'll do it to anybody if the money is right.JimbloFisher said:
The SEC wouldn't do that to Florida
guess whats not going to happenThe Chicken Ranch said:
If FSU and Clemson cannot come because of in state objections, that tells how well thought of we aren't.
Florida/Georgia/Alabama opinions > Texas A&M opinions.Faustus said:I think that would be their preference, but posters on an FSU site seem to think the SEC isn't inviting over Florida/Georgia/Alabama objections and the Big Ten would love a chance to get into Florida.wangus12 said:
They're gonna try and jump for the SEC
Faustus said:I think that would be the school's preference, but posters on an FSU site seem to think the SEC isn't inviting over Florida/Georgia/Alabama objections and the Big Ten would love a chance to get into Florida.wangus12 said:
They're gonna try and jump for the SEC
#9 in neilsen rating this yearQuote:
Point being, I don't see a Real Big FSU following which doesn't seem to translate into a big TV audience.
You didnt look very hard.74AnimalA said:Faustus said:I think that would be the school's preference, but posters on an FSU site seem to think the SEC isn't inviting over Florida/Georgia/Alabama objections and the Big Ten would love a chance to get into Florida.wangus12 said:
They're gonna try and jump for the SEC
And HERE in the Florida Panhandle, 50-60% of the support is for Bama, FSU maybe 25%, Auburn just gets mentioned, and I don't recall seeing any Gator stuff at Sam's or Academy.
Point being, I don't see a Real Big FSU following which doesn't seem to translate into a big TV audience.
Flashdiaz said:Florida/Georgia/Alabama opinions > Texas A&M opinions.Faustus said:I think that would be their preference, but posters on an FSU site seem to think the SEC isn't inviting over Florida/Georgia/Alabama objections and the Big Ten would love a chance to get into Florida.wangus12 said:
They're gonna try and jump for the SEC
Having never watched a Duke or UNC basketball game on TV, I can't imagine it'd be that much.jja79 said:
How much does having Duke and UNC basketball contribute? A lot.
Sbisa Chef said:Having never watched a Duke or UNC basketball game on TV, I can't imagine it'd be that much.jja79 said:
How much does having Duke and UNC basketball contribute? A lot.
WGAS?
That we didn't have to pay…Mutual_Friend said:
I'm just hoping FSU pays $100M plus to not be in the ACC so that folks stop talking about how we are paying Jimbo $75M not to coach.
Quote:
. . .
There has been no known legal challenge to a grant of rights. (A grant of rights agreement gives the conference full control over a school's media rights. The ACC currently owns all FSU home game content through 2036.)
The first step would be Florida State officially deciding on a declaratory action to legally challenge the ACC grant of rights. This would trigger the exploration of formally unwinding from the ACC without actually leaving the conference.
It would do so to get a sense of what leaving could look like financially and legally.
. . .
According to sources, Florida State officials and lawyers have gone to the ACC's office at least a half-dozen times to dissect and analyze the legal language in the league's grant of rights. They are one of many ACC programs that have done so, as copies are not permitted outside league offices.
And while the move won't come with any other schools immediately joining, others are plotting a similar sequence -- explore the legal opportunities of unwinding from the grant of rights, which would likely take months, and then eventually leave the league if that's both financially tenable and there's a safe landing spot.
. . .
Whether it's in days or weeks, FSU's board of trustees is expected to begin a formal vetting and discussion of what they've found in the exploration of the grant of rights.
. . .
An actual declaration of Florida State -- or any other ACC team -- leaving the league wouldn't have to come until Aug. 15. That's the deadline for any school to withdraw to leave the league for the 2025-26 season. So the ACC as we know it will be intact for 2024-25.
In many ways, any immediate action by FSU or others to explore legally unwinding from the ACC grant of rights gives them a six-month legal runway before they'd actually have to make the decision to exit.
. . .
FSU, obviously, isn't the only program that has explored leaving. But they are expected to be first to declare they're legally challenging the grant of rights, per sources.
As FSU board chair Peter Collins told Warchant.com over the summer: The grant of rights "will not be the document that keeps us from taking action."
How long would they be alone? Clemson has been the other school most vocal about the ACC's financial shortcomings, as athletic director Graham Neff has publicly acknowledged the "magnitude" of the ACC's finances compared to other leagues.
. . .
From there, Clemson and North Carolina are viewed as schools that could potentially follow. Neff said as recently as November that Clemson is "very active" in monitoring the realignment landscape.
. . .
As of now, there are really only two potential destinations. And an invitation to the SEC or Big Ten is not certain or imminent. The only certainty -- now or down the road -- is that neither league would want a hint of legal exposure. Also, the schools in those leagues aren't going to take less money for new members to join. That means there'd have to be some type of clear discount rate for any school before the leagues get formally involved.
One issue FSU will have to overcome is the self-inflicted wounds from its own public behavior toward the ACC in recent months, especially McCullough's remarks this summer. They have made commissioners and presidents cringe, as they envision that's what FSU would be like as a league member.
. . .
That said, it's nave to think in this era of conference contraction that neither of the Power 2 leagues would want to absorb a brand like FSU in the next decade. But it remains tricky financially, as the Big Ten just jumped to 18 schools with the additions of Oregon and Washington at cut rates. (That move is instructive in that they did not receive a pro rata share from the Big Ten, which is something any potentially departing ACC schools would face.)
Any move to the SEC would receive pushback from in-state rival Florida, and it's unlikely neighboring schools like Georgia and Auburn would want to give away the financial income edge they have in the SEC to a recruiting competitor.
. . .
Eventually leaving the ACC will be a costly proposition. And FSU has already logged plenty of billable hours exploring the move.
. . .
The exit fee would cost FSU in the neighborhood of $120 million, but the important aspect is that amount doesn't factor in the cost of unwinding from the grant of rights. (Hence the expected exploration here soon.) By signing the grant of rights, the ACC owns all of FSU's home game content through 2036, the length of the league's television contract with ESPN. (As it does for all schools in the league.)
Legal predictions on a ruling are difficult. Part of FSU's legal challenge will be the fact it willingly agreed to the terms of this deal eight years ago.
Even with an FSU legal victory, there'd be some type of cost to get all that content back. Or, more likely, some type of settlement to avoid a protracted legal battle. (If there's one thing we've learned over the last generation, college presidents and athletic administrators aggressively avoid depositions and court appearances.)
. . .
Florida State is well down the road in securing private equity, if needed, for any financial implications from a move. Sources told ESPN that Sixth Street Partners would be a likely partner for the Seminoles in private equity.
. . .
The ACC has made strides toward creating extra revenue for its programs. The additions of Stanford, Cal and SMU at discount rates provided each incumbent program in the neighborhood of an extra $2 million annually per school.
. . .