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The current total cost of exiting the ACC is $572 MM; includes both penalty fee and grant of rights. Supposedly the grant of rights is as ironclad as an agreement as they come but hearing about potential legal arguments to blow up the agreement.
1 posted on 12/22/2023 8:03:42 AM PST by C19fan
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To: C19fan

C19fan wrote: “The current total cost of exiting the ACC is $572 MM; includes both penalty fee and grant of rights. Supposedly the grant of rights is as ironclad as an agreement as they come but hearing about potential legal arguments to blow up the agreement.”

The ACC GOR is modelled upon the XII GOR. After years of examination, no one found a way to break the GOR. There are two ways out: let it expire; or, pay a fee likely to be a lot less than $572m.


2 posted on 12/22/2023 8:08:26 AM PST by DugwayDuke (Most pick the expert who says the things they agree with.)
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To: C19fan

If Florida State wants to be a Big Boy, they need to play in a conference with the Big Boys.


3 posted on 12/22/2023 8:13:35 AM PST by Round Earther
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To: C19fan

fsu willingly agreed to the Grant of Rights along with the rest of the schools in the ACC. If they want to break the contract, that’s fine. Just pay the $572 million and go on your merry way.


4 posted on 12/22/2023 8:40:13 AM PST by FLT-bird
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