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re: FSU penalty for leaving ACC early is $572 million
Posted on 12/22/23 at 11:51 am to geauxnavybeatbama
Posted on 12/22/23 at 11:51 am to geauxnavybeatbama
quote:
highly doubt that
It's what is being reported (ESPN)
quote:
The grant of rights gives the conference control over its media rights -- including television revenue and home game broadcasts in all sports. In addition, any school that wants to leave the ACC would have to pay an exit fee of three times the league's operating budget, or roughly $130 million.
All told, the university estimates the total exit fee, including the forfeiture of television revenue, would be $572 million.
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