(11-01-2023 10:07 PM)random asian guy Wrote: In order to get out, FSU needs to get an invitation from the P2. At the earliest, maybe the B10 may approach FSU around 2029 when their current media contract expires.
I don’t see FSU going anywhere before 2029. Even in 2029, the B10 may decide to pass or FSU may decide not to challenge the GoR.
A couple of points:
Anyone wanting FSU before about 2034 who isn't a property held by ESPN will pay through the nose as will FSU.
Anyone offering FSU prior to their leaving will be guilty of tortuous interference and sued, so that means if FSU is approached the approaching conference is liable.
If FSU pays their way out, they'll have to negotiate with ESPN and the ACC to arrive at the amount. If ESPN wishes to retain them then they have three advantages in encouraging FSU to depart to the SEC:
1. FSU can keep the ACC contract paid in full contractually and line up a replacement which could generate a bit more revenue either through market reach or brand. If the ACC gains by FSU's departure it makes negotiations easier.
2. ESPN since they pay both the SEC and ACC can spread out FSU's negotiated payments to the ACC members whether for the exit fee, or a negotiated GOR buyback or both. Since there are 12 years remaining on ACC contract and 10 on the SEC's they can withhold 1/10th of the buyout per year and pay it directly to the ACC or ACC member schools. If the Big 10 tries to buy FSU, which they won't, the payment will have to be lump sum by either the Big 10 or FSU. That what won't happen. ESPN isn't giving FOX a way into the state of Florida which will cut ESPN's advertising revenues there.
3. FSU knows these things, as does the ACC. If FSU goes to the Big 10 ESPN isn't covering the loss for the ACC. If they go to the SEC where ESPN holds them until 2032 it is a different story. The SEC won't approach or make an offer until the ACC and ESPN are satisfied with the arrangement.
So, you have the cart before the horse. FSU has to settle with ESPN and the ACC before any conference can offer them a slot. The same was true for Texas and Oklahoma. If FSU is hellbent to leave and willing to join another ESPN conference this can be worked out. If they aren't it won't. If they don't work it out, neither the SEC nor Big 10 will make them offer.
This protracted period of relative silence has likely seen some heavy negotiations. When FSU declared today, they would not seek independence that is a good sign an arrangement looks favorable. If so, then official exchanges of financial documents after a NDA is signed will mean their attorneys and the conference they are seeking to join's attorneys will be hammering out the details. Since ESPN is contracted both ways much of this has likely already been done if they are moving.
Then if someone is moving with them from another conference that has to be worked out and if it is Kansas, FOX will want something in return. And that's where it could get interesting for another ACC school. Or maybe FOX will simply want more of the Big 12, or perhaps ESPN and FOX have some deal ancillary to sports they want to hash out. Or as they like to say a school to be named later, like if the Big 10 wanted Colorado or one or both of the Arizona schools ESPN would agree to cooperate. Who knows, but that's how deals get done. ESPN not bidding on the PAC 12 schools may have been an advanced concession. We won't know, but that's how they work it out between corporations if it is an amicable settlement. If not, FSU may have trouble getting free.
If it is freeing Notre Dame, if the Irish indeed wants to be part of the Big 10, then all of this is just a preliminary to much bigger moves, and that too could be in the works, and we wouldn't know it. So, we wait and see. ESPN and the SEC would like to have, or keep, the Seminoles, I don't care what poppycock you read in the blogs. Florida is twice the market of North Carolina and Virginia combined and that's why they are wanted. With UF they carry 77% of the state's college sports watchers with overlap with each other and the other schools.
If it is just FSU from the ACC and another school from elsewhere this might end quietly, and things could settle down. If N.D. leaves the moves will be large. Which would you prefer?