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With the ACC Grant of Rights Agreement - those teams won't leave the conference

Posted on 7/1/22 at 12:30 pm
Posted by Ramblin Wreck
Member since Aug 2011
3898 posts
Posted on 7/1/22 at 12:30 pm
I'm not stating that as an ACC fan. Though I graduated from Georgia Tech, I don't really follow the ACC that closely. I'm stating it because it isn't really an option for them no matter what the payout would be for each team. The Grant of Rights that runs through 2036 would mean if Georgia Tech joined the Big 10 (which they were actually invited to do several years ago) and were given $100M as part of their television agreement as a Big 10 member, they would then have to hand it to the ACC to split among their members. I'm sure the ACC would appreciate the extra income. Notre Dame's agreement with the ACC (remember they are a member in all other sports) stipulates that if they join a conference, it has to be the ACC. I don't think Notre Dame would go from their exclusive television contract to giving all their television revenue to the ACC.

While it is fun to list potential expansion candidates, the ACC teams and Notre Dame, to their detriment, are stuck until 2036. The only option for the ACC is to add teams from the PAC 12, Big 12, or the remote chance of the AAC in order to increase revenue.
Posted by DMagic
#ChowderPosse
Member since Aug 2010
46460 posts
Posted on 7/1/22 at 12:31 pm to
What I’ve learned through realignment is that these agreements really mean dick if a school wants to go
Posted by secuniversity
Member since May 2015
5687 posts
Posted on 7/1/22 at 12:31 pm to
If more than half dissolve the conference, then there's no conference left to pay the GOR penalty to.
Posted by Ancient Astronaut
Member since May 2015
33106 posts
Posted on 7/1/22 at 12:31 pm to
Do you have a copy of the agreement?
Posted by lewis and herschel
Member since Nov 2009
11363 posts
Posted on 7/1/22 at 12:31 pm to
Again, nothing to stop the acc from merging with the sec.
Posted by NFLSU
Screwston, Texas
Member since Oct 2014
16663 posts
Posted on 7/1/22 at 12:31 pm to
Posted by AUCE05
Member since Dec 2009
42568 posts
Posted on 7/1/22 at 12:35 pm to
Apparently if half leave then the league is dissolved and no buyout is required
Posted by Ramblin Wreck
Member since Aug 2011
3898 posts
Posted on 7/1/22 at 12:39 pm to
quote:

Do you have a copy of the agreement?


Yeah, I keep a framed copy nearby just to be able to quickly comment on conference expansion posts.
Posted by RD Dawg
Atlanta
Member since Sep 2012
27300 posts
Posted on 7/1/22 at 12:39 pm to
I think the real money for the ACC is gonna come from a potential break from
the NCAA in basketball.They'll obviously need the other P5's and maybe G5's to follow suit but having their own
March madness would be worth billions if the big boys broke off.

ETA I have no idea of existing contract and TV obligations with the current arrangement.
Posted by Ancient Astronaut
Member since May 2015
33106 posts
Posted on 7/1/22 at 12:52 pm to
So how do you know what it says?
Posted by TrumpedUpVol
Member since Sep 2020
584 posts
Posted on 7/1/22 at 1:01 pm to
The big dogs can and will gladly spend the ~$120-$140mm to jump ship from the ACC to a plush Big Ten or SEC contract. Desirable as some of these programs are, dragging their feet runs the risk of being left out in the cold.
Posted by SadUCFKnight
Member since Jun 2008
2620 posts
Posted on 7/1/22 at 1:02 pm to
Good that means mine team will pivot into the P2.
Posted by Olderthandirt
Member since May 2022
559 posts
Posted on 7/1/22 at 1:03 pm to
There is always an attorney or firm smarter than the one before that will find an out. Always. And I guarantee Notre Dame is not as "locked in" as folks think. They would have no reason to have signed an agreement so restrictive.

And if the SEC wanted to end the war they could invite in the top 8 teams and the ACC dissolves automatically.

This post was edited on 7/1/22 at 1:07 pm
Posted by Hback
Member since Aug 2017
9249 posts
Posted on 7/1/22 at 1:04 pm to
quote:

Good that means mine team will pivot into the P2.


Posted by NaturalStateReb
Arkansas
Member since Jun 2012
1443 posts
Posted on 7/1/22 at 1:24 pm to
The ACC will stick together as long as the price for leaving exceeds the price for staying. The second that point is passed, the race for the lifeboats will begin.

I'm sure that lawyers at every ACC school have top men working on it right now. Top. Men.
This post was edited on 7/1/22 at 1:25 pm
Posted by ColoradoAg
Colorado
Member since Sep 2011
21951 posts
Posted on 7/1/22 at 1:49 pm to
Texas/OU were counting on the Big XII dissolving when they left. How did that work out? ACC is around for awhile
Posted by twk
Wichita Falls, Texas
Member since Jul 2011
2135 posts
Posted on 7/1/22 at 1:53 pm to
quote:

What I’ve learned through realignment is that these agreements really mean dick if a school wants to go
If they didn't mean anything, OU and Texas would already be in the SEC.

The only sure way around it is to orchestrate a mass exodus all at once, and have the departing teams vote to dissolve the league (how many that would take would depend on the bylaws -- it's usually a super majority of some sort).
Posted by Landmass
Member since Jun 2013
18154 posts
Posted on 7/1/22 at 1:54 pm to
quote:

What I’ve learned through realignment is that these agreements really mean dick if a school wants to go


I disagree, it's primarily why Texas and OU are sitting still until 2025 unless there is a major fallout with the Big 12.
Posted by SneezyBeltranIsHere
Member since Jul 2021
2471 posts
Posted on 7/1/22 at 2:20 pm to
quote:

they would then have to hand it to the ACC to split among their members.


If The University of Texas says you don't pay the ACC, you don't pay the ACC.
Posted by Swoopin
Member since Jun 2011
22030 posts
Posted on 7/1/22 at 2:31 pm to
You say all that, but this round of realignment seems existential in nature. Any ACC team with any amount of leverage needs to be putting out feelers or else their perpetual future is ruined.

I hope like hell GT finds a boat. They need to really aim for the Big 10. They'd love to get Atlanta market/exposure.

Best case scenario, you make the SEC nervous about the incursion and suddenly GT has some options between the two.

quote:

I disagree, it's primarily why Texas and OU are sitting still until 2025 unless there is a major fallout with the Big 12.


Different circumstances. They kicked off a wave rather than reacting to one. And as programs they would always have a home somewhere. That plus 4 years is a manageable time horizon to sit tight as opposed to 15 like in the ACC.

ACC teams should be panicking right now, with all options on the table.


This post was edited on 7/1/22 at 2:36 pm
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