ACC vs FSU (and Clemson) (2024)

JoinPlano's PPG: Join the best South Carolina fan community

9

Back To Topics

    • Staff (0)
  • Posted on May 8th, 11:23 AM, , User Since 245 months ago, User Post Count: 1523

    • May 8th, 11:23 AM
    • 245 months
    • 1523

    wbbesq said... (original post) hyperbole much?Nobody has said they were going out of businesss...at least I haven't....so you can stop the gross, and completely false, exagge...

    While I will be the first to say that anything can happen in the stock market, the overwhelming consensus is that you are wrong. You should reconsider posting things as vehement facts when they are really just your humble opinion, which may or may not have much behind them in terms of your experience or knowledge.

  • Posted on May 8th, 11:28 AM, , User Since 234 months ago, User Post Count: 4248

    • May 8th, 11:28 AM
    • 234 months
    • 4248

    The Corner Spur said... (original post) While I will be the first to say that anything can happen in the stock market, the overwhelming consensus is that you are wrong. You should ...

    yawn.....

    a stupid and completely meaningless conversation about stock investment...

    I'll go with SCHWAB and their ratings.....(and Peter Lynch's original PEG formula) when I invest my money. (Doubt you even know what PEG is)

    But hey, like I told the other guy, YOU feel free to mortgage your house and put all your money on Disney and let me know how that works our for you..

  • Posted on May 8th, 11:47 AM, , User Since 155 months ago, User Post Count: 9687

    • May 8th, 11:47 AM
    • 155 months
    • 9687

    TommyShelby said... (original post) I think so. If there is a cap, contracts limiting player movement, and collective are limited...then things like facilities, housing, and other ...

    If it's anything close to what Dellenger pointed out, it would be a massive advantage for us for Clemson and the NC schools to stay in the ACC. It's also why 11/10 is massively important for us to get off the ground.

    https://x.com/RossDellenger/status/1786192250277683583

  • Posted on May 8th, 12:22 PM, , User Since 51 months ago, User Post Count: 16400

    • May 8th, 12:22 PM
    • 51 months
    • 16400

    The Corner Spur said... (original post) You should reconsider posting things as vehement facts when they are really just your humble opinion, which may or may not have much behind ...

    Wait...then he would never be able to post.

    ACC vs FSU (and Clemson) (4)

  • Posted on May 8th, 12:41 PM, , User Since 33 months ago, User Post Count: 4982

    • May 8th, 12:41 PM
    • 33 months
    • 4982

    Nomad_SC said... (original post) It's a shame that the point of the 'law game' is to find any slight loophole to get out of a contract that they clearly had plenty ...

    I get that too. But from the school's perspective the landscape has changed in a way that no one could have seriously anticipated at the time the GOR was signed. Unfortunately, that was a risk that FSU and Clemson agreed to either expressly or by implication. To another point, is it whether enforcing the GOR is in the ACCs best interests? It is plausible that the ultimate outcome of realignment will mean that the ACC member schools will be left out or at least occupy the backseat. Which brings me to another point. Has the ACC mismanaged realignment?

  • Posted on May 8th, 12:45 PM, , User Since 118 months ago, User Post Count: 1082

    • May 8th, 12:45 PM
    • 118 months
    • 1082

    wbbesq said... (original post) yawn.....a stupid and completely meaningless conversation about stock investment...I'll go with SCHWAB and their ratings.....(and Peter Lynch&#...

    Disney's current PEG is 0.81 according to this: https://stockanalysis.com/stocks/dis/statistics/

    A PEG lower than 1 is considered undervalued and a 'good' buy. Granted it's just one factor in what you should be looking at but since you brought it up just thought I'd point out that your own preferred metric shows Disney as a favorable stock to purchase at the moment.

  • Posted on May 8th, 12:57 PM, , User Since 51 months ago, User Post Count: 16400

    • May 8th, 12:57 PM
    • 51 months
    • 16400

    Wisestco*ck said... (original post) But from the school's perspective the landscape has changed in a way that no one could have seriously anticipated at the time the GOR was s...

    How could you not think that there would be more money available in 2026, than in 2016?

    Who signs a 20-year contract? It's crazy. They should have at LEAST put a 10-year "look in" to check market conditions.

  • Posted on May 8th, 2:28 PM, , User Since 33 months ago, User Post Count: 4982

    • May 8th, 2:28 PM
    • 33 months
    • 4982

    TommyShelby said... (original post) How could you not think that there would be more money available in 2026, than in 2016? Who signs a 20-year contract? It's crazy. They sho...

    That's true and I would not have signed a 20 year deal, but maybe they had no choice. (I don't know anything about the vote -- maybe it had to be unanimous. But imagine the pressure if someone held out.)

    But while more money could have been anticipated the full extent and consequence of conference realignment and the possible end of the NCAA was not dreamed of in 2016 as it currently appears to be unfolding.

  • Posted on May 8th, 2:34 PM, , User Since 51 months ago, User Post Count: 16400

    • May 8th, 2:34 PM
    • 51 months
    • 16400

    Wisestco*ck said... (original post) That's true and I would not have signed a 20 year deal, but maybe they had no choice. (I don't know anything about the vote -- maybe i...

    I think someone said on here that the ACC insisted on the ACC network, and ESPN said the creating the ACC Network would require a 20-year commitment.

    What's bad is that we're not even 10 years into the term and all this change has happened.

    What will things look like in 2036?

    One thing we know for sure...FSU and Clemson will still be in the ACC. The GOR is IRONCLAD!

    ACC vs FSU (and Clemson) (9)

  • Posted on May 8th, 2:51 PM, , User Since 153 months ago, User Post Count: 5144

    • May 8th, 2:51 PM
    • 153 months
    • 5144

    TommyShelby said... (original post) I think someone said on here that the ACC insisted on the ACC network, and ESPN said the creating the ACC Network would require a 20-year commi...

    The original GOR was 14, years. They added another 6 years on to get the ACC Network in 2016. This article from Andy Staples (back before SI became a zombie IP) has a good explanation of how the original GOR came to be if you can get past the hosanas to John Swofford. I think the bottom line is that people forget just how shaky the ACC was back in 2012/13. The ACC could have folded. The Big 10 (well, Ten then) and PAC 10 had a GOR. The ACC's media consultant was telling them they needed a GOR as well. And he might have been right. FSU and the other schools could be worse off now if the GOR did not exist and schools started getting picked off. The article has a pretty good hint that FSU had nowhere else to go, since it notes that FSU made inquiries to the Big 12 in 2012 about joining and was told "Not interested." https://www.si.com/college/2013/05/15/john-swofford-acc

    This post was edited by PalmettoLaw 4 days ago

  • Posted on May 8th, 3:12 PM, , User Since 164 months ago, User Post Count: 36064

    • May 8th, 3:12 PM
    • 164 months
    • 36064

    PalmettoLaw said... (original post) The original GOR was 14, years. They added another 6 years on to get the ACC Network in 2016. This article from Andy Staples (back before SI be...

    Are all the ACC television rights wrapped into the one deal with ESPN or are there more than one for the primary package and then the rest?

    I can tell you as someone that was fairly critical of the SEC locking themselves into a long term deal just before the Big 10 went to market, which resulted in needing to expand and create a network to catch up, that the long term deal the ACC locked into seemed iffy at the time though it must be said they achieved repati e parity with the SEC and Big 10 or close enough.

    Problem of course being that the other two got to come back to market.

    The new Big 10 will expire before the ACC contract is done I think. That's a problem.

    But I think the ACC was always having to do stuff to appease the asshokes in Tallahasssee and that never really works out that well for a league it doesn't seem.

  • Posted on May 8th, 3:40 PM, , User Since 33 months ago, User Post Count: 4982

    • May 8th, 3:40 PM
    • 33 months
    • 4982

    PalmettoLaw said... (original post) The original GOR was 14, years. They added another 6 years on to get the ACC Network in 2016. This article from Andy Staples (back before SI be...

    This is from that article you cited. Very revealing.

    "The members wanted to stay together, but they had previously resisted agreeing to a Grant of Rights. Such an agreement transfers each school's media rights to the conference. Under the arrangement, a school is free to leave, but it cannot sell the television rights to its sporting events until the Grant of Rights expires. This essentially makes those schools worthless to another conference."

  • Posted on May 8th, 4:08 PM, , User Since 153 months ago, User Post Count: 5144

    • May 8th, 4:08 PM
    • 153 months
    • 5144

    Wisestco*ck said... (original post) This is from that article you cited. Very revealing."The members wanted to stay together, but they had previously resisted agreeing to a Gr...

    Careful. Clemson calls that type of talk slanderous now.

  • Posted on May 8th, 4:11 PM, , User Since 153 months ago, User Post Count: 5144

    • May 8th, 4:11 PM
    • 153 months
    • 5144

    VBco*ck said... (original post) Are all the ACC television rights wrapped into the one deal with ESPN or are there more than one for the primary package and then the rest? I can te...

    My understanding is that there is one media rights agreement that has been amended at least once. So you might have to look at multiple pieces of paper to see the full agreement.

  • Posted on May 8th, 6:47 PM, , User Since 160 months ago, User Post Count: 26008

    • May 8th, 6:47 PM
    • 160 months
    • 26008

    swimco*ck said... (original post) Clearly, you are not an astute investor. First, although I do not own DIS right now, I did very recently and have always earned nice gains on my i...

    Disney is by far the most expensive company of the DOW companies with a current PE at 70. Based on historical PE ratios for DOW companies, the stock should be trading at 30 since their most recent year, they only made 1.26. Their book value is only 50 which is roughly half their stock price. With their revenues continuing to fall, this is a company no sane person would want to own.

  • Posted on May 8th, 7:03 PM, , User Since 212 months ago, User Post Count: 17773

    • May 8th, 7:03 PM
    • 212 months
    • 17773

    co*ck1649 said... (original post) Disney is by far the most expensive company of the DOW companies with a current PE at 70. Based on historical PE ratios for DOW companies, the sto...

    But, their revenues have not fallen and many investment firms recommend DIS as a "buy" especially when virtually every target stock price shows relatively healthy appreciation and gains for the next year. Even the DIS PEG shows the stock as undervalued. It is idiotic to base any sole assessment on the PE ratio. I guess you know more.

  • Posted on May 8th, 7:40 PM, , User Since 49 months ago, User Post Count: 6513

    • May 8th, 7:40 PM
    • 49 months
    • 6513

    Funny how Clemson and FSU didn’t have a problem at all from 2013-2019 when they were both dominating garbage competition and waltzing into the playoff every year unscathed.

  • Posted on May 8th, 8:05 PM, , User Since 184 months ago, User Post Count: 4167

    • May 8th, 8:05 PM
    • 184 months
    • 4167

    VBco*ck said... (original post) Are all the ACC television rights wrapped into the one deal with ESPN or are there more than one for the primary package and then the rest? I can te...

    They have ESPN and the CW package.

  • Posted on May 8th, 8:10 PM, , User Since 184 months ago, User Post Count: 4167

    • May 8th, 8:10 PM
    • 184 months
    • 4167

    TommyShelby said... (original post) I think someone said on here that the ACC insisted on the ACC network, and ESPN said the creating the ACC Network would require a 20-year commi...

    The ACC schools were convinced that annACC network would make as much as the Big 10 and SEC Networks. ESPN tried to tell them they didn’t think it would be that successful. For those concerned for the ACC in discovery, there are going to a lot of emails talking up the success of the ACC network. .

  • Posted on May 8th, 8:38 PM, , User Since 164 months ago, User Post Count: 36064

    • May 8th, 8:38 PM
    • 164 months
    • 36064

    NoodlesGilloon said... (original post) The ACC schools were convinced that annACC network would make as much as the Big 10 and SEC Networks. ESPN tried to tell them they didn’t th...

    The ACC succeeded in closing the gap in income to a neglible amount. That only changed with the latest round of contracts.

    This post was edited by VBco*ck 4 days ago

  • Posted on May 9th, 7:47 AM, , User Since 51 months ago, User Post Count: 16400

    • May 9th, 7:47 AM
    • 51 months
    • 16400

    PalmettoLaw said... (original post) Careful. Clemson calls that type of talk slanderous now.

    "Dude, we're trying to change conferences and you are TOTALLY harshing our vibe!"

    ACC vs FSU (and Clemson) (18)

  • Posted on May 9th, 7:50 AM, , User Since 51 months ago, User Post Count: 16400

    • May 9th, 7:50 AM
    • 51 months
    • 16400

    PalmettoLaw said... (original post) My understanding is that there is one media rights agreement that has been amended at least once. So you might have to look at multiple pieces ...

    There's also secondary and tertiary rights as well. Does the school retain those in the ACC agreement?

    Did the ACC negotiate the CW broadcasts? If so, would that demonstrate that the media rights extend beyond "ESPN"?

  • Posted on May 9th, 8:20 AM, , User Since 153 months ago, User Post Count: 5144

    • May 9th, 8:20 AM
    • 153 months
    • 5144

    TommyShelby said... (original post) There's also secondary and tertiary rights as well. Does the school retain those in the ACC agreement?Did the ACC negotiate the CW broadca...

    The ACC sublicensed some games to Raycom, which then sold its rights to the CW. https://www.espn.com/college-sports/story/_/id/38007548/acc-cw-strike-broadcast-deal-air-50-football-basketball-games

  • Posted on May 9th, 9:01 AM, , User Since 164 months ago, User Post Count: 36064

    • May 9th, 9:01 AM
    • 164 months
    • 36064

    PalmettoLaw said... (original post) The ACC sublicensed some games to Raycom, which then sold its rights to the CW. https://www.espn.com/college-sports/story/_/id/38007548/acc-cw-...

    I'm just curious whether ACC holds option on everything or just a part of the package.

    The ACC Network is quite profitable and more of a joint venture so not sure what's at stake.

  • Posted on May 9th, 9:08 AM, , User Since 33 months ago, User Post Count: 4982

    • May 9th, 9:08 AM
    • 33 months
    • 4982

    PalmettoLaw said... (original post) My understanding is that there is one media rights agreement that has been amended at least once. So you might have to look at multiple pieces ...

    One question I have is whether a University President can bind a state university to such an agreement without the consent of the legislature or at least the governing board of the school. It sounds like the agreement was discussed by phone and verbally agreed to by the Presidents and then faxed around to each school and signed by the University Presidents. I'm not saying they can't, but I wonder if that is at the heart of the sovereign immunity argument by FSU.

Back To Topics

ACC vs FSU (and Clemson) (2024)

FAQs

Why did FSU sue the ACC? ›

FSU sued the conference in January, calling the fees “draconian” and the existing media deal “weak.” “The ACC has negotiated itself into a self-described 'existential crisis,' rendered itself fiscally unstable and substantially undermined its members' capacity to compete at the elite level,” the lawsuit reads.

Why is Fau suing the ACC? ›

-- Florida's attorney general sued the Atlantic Coast Conference on Thursday in an attempt to receive the media rights contracts with Florida State University as part of an ongoing dispute as FSU seeks to leave the conference.

Is Clemson trying to leave the ACC? ›

James Parks | Apr 26, 2024

It's not breaking news that Clemson and Florida State want out. Both schools havefiled suit against the ACC with designs on finding a way out of the conference and into another after the national landscape radically shifted following last offseason's historic realignment moves.

What is the Clemson ACC lawsuit? ›

Clemson seeks damages from ACC over 'misstatements and slander' regarding media rights. CLEMSON — After suing the Atlantic Coast Conference over its grant of media rights and exit fees in March, Clemson University is seeking damages from the conference over alleged false statements regarding its media rights.

Could FSU leave the ACC? ›

When can Florida State leave the ACC? That depends on the outcome of the dueling cases in Florida and North Carolina. If FSU can get out of the grant of rights deal without penalty, the Seminoles could start immediately looking for a new conference, either the Big Ten or SEC.

How much would it cost Clemson to leave the ACC? ›

As to the withdrawal fee, Clemson said it was estimated to be approximately $140 million, an amount described by the school as “unconscionable.” Clemson compared that amount with penalties on departing schools imposed by other conferences, which it said included zero dollars charged by the Big Ten.

Why does the ACC not want WVU? ›

In an era of where TV viewership, market value and alumni wealth is critical to compete, WVU doesn't check well within those boxes to be attractive to the ACC. Moreover, the presidents/chancellors of ACC schools have made it clear that WVU isn't a fit for them.

Why did Miami join the ACC? ›

-- Loyalty and money weren't enough to keep Miami from bolting the Big East. The Hurricanes believe their future is more secure in the Atlantic Coast Conference. Ending a seven-week courtship, Miami accepted the ACC's invitation Monday, rejecting a better financial offer from the Big East to stay put.

Why is Florida suing ACC? ›

Attorney General Moody Files Lawsuit Against ACC for Withholding ESPN-Related Agreements from Review. TALLAHASSEE, Fla. —Attorney General Ashley Moody today filed a lawsuit against the Atlantic Coast Conference for wrongfully withholding public records from review.

Is FSU joining the Big Ten? ›

The Big Ten is now the Big Twenty. ACC universities Clemson and Florida announced they will join the Big Ten following the conclusion of the 2024-2025 school year.

How many times has Clemson won the ACC? ›

Conference championships

Clemson won the Southern Intercollegiate Athletic Association in 1900 and 1902 (tied 1903 and 1906) along with the Southern Conference title in 1940 and 1948. Their 21 ACC titles (19 outright, 2 tied) are the most ACC football championships.

Why is Clemson suing the AC? ›

In this litigation, Clemson seeks confirmation of the plain language found in the Grant of Rights agreements and the related media agreements between the ACC and ESPN – that these agreements, when read together, plainly state that Clemson controls its media rights for games played if it is no longer a member of the ACC ...

Is FSU suing the ACC over exit fee? ›

FSU and the ACC have been in court in both North Carolina and Florida, as the university attempts to leave the ACC without paying over $500 million in exit fees. Clemson has also filed a lawsuit to leave the ACC.

Why are FSU and Clemson suing the ACC? ›

Clemson sued the Atlantic Coast Conference in a South Carolina court on Tuesday, joining Florida State in challenging the league's right to charge schools hundreds of millions of dollars to leave.

Who funds Clemson University? ›

Clemson University is a state-supported institution that receives public funds; therefore, it is subject to the budget processes of the South Carolina Executive Budget Office (SCEBO).

Did Florida State sue the ACC to escape its grant of rights? ›

FSU said when it announced its lawsuit that breaking the grant of rights deal would cost $572 million. Here's what Florida State's lawyers said they were charging about the contract: It violates Florida law. There's an unenforceable penalty on the grant of rights penalty.

Why is Florida State suing the NCAA? ›

The organization is also fighting several other lawsuits over its restrictions on students monetizing their college sports careers. In a statement, Florida Attorney General Ashley Moody said she was suing “to reverse the unlawful restrictions” that the NCAA placed on her state's universities and athletes.

What is the ACC complaint against FSU? ›

FSU and the ACC are in a legal dispute over the league's Grant of Rights, an agreement in which schools agree to transfer their media rights to their conference for a set period of time (2036 for ACC schools).

References

Top Articles
Latest Posts
Article information

Author: Rev. Porsche Oberbrunner

Last Updated:

Views: 5670

Rating: 4.2 / 5 (53 voted)

Reviews: 84% of readers found this page helpful

Author information

Name: Rev. Porsche Oberbrunner

Birthday: 1994-06-25

Address: Suite 153 582 Lubowitz Walks, Port Alfredoborough, IN 72879-2838

Phone: +128413562823324

Job: IT Strategist

Hobby: Video gaming, Basketball, Web surfing, Book restoration, Jogging, Shooting, Fishing

Introduction: My name is Rev. Porsche Oberbrunner, I am a zany, graceful, talented, witty, determined, shiny, enchanting person who loves writing and wants to share my knowledge and understanding with you.