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The buyout to leave the conference is now set at 3 times annual operation budget. Currently, that makes it $150M to leave.
This post was edited by blessedcock 19 months ago
Say whaaaaa? If true that is nuts....unless FSU and Clemson figured out in their spring flirtations with other leagues that they just aren't wanted by anyone else so what does it matter? Other than them or maybe Maryland nobody in that league was giving off the appearances of looking around.
Weird move by the ACC. I don't see what this gets them unless it is a preemptive move to keep ND from joining the big 10 or big 12. Those leagues would likely covet ND. If they were to land them they would then need to look to expand further to balance their numbers.
Let's say the Big10 got ND and then offered a kings ransom to a UNC or a Maryland to jump ship?
Could be the ACC did this to get ND off the market and is hoping they can eventually get them to be a full member. But so long as ND isn't excluded from any NCAA title opportunities by being unaffiliated in football and so long as NBC will give them a TV deal why join a league?
This post was edited by cockfool 19 months ago
150 Million.... ND could poop that out if they wanted to leave. Everybody else is stuck.
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No. I think the buyout is only 50 million from what I read. it must be 3 times Duke's operating budget. Interesting that FSU was the only school to vote against raising the buyout. FSU could probably swing the 50 mill. Not sure anybody else can.
Good God. 150 mil. Well, it looks they are stuck in permahell. The only one that made out like bandits on this deal is ND. They get all the bowl money from what I understand when they steal a bowl from them. I think it is funny.
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Since ND is only a "partial" member, I wonder if their buyout is different (less) than everyone else, if they even have a buy-out. This may be like Dilbert's contract extension for ND.
The ND_ACC contract would be fascinating to read. Wonder how buyout applies to ND, since they are not an actual member for football. Could they join another conference just for football? How does that fit with the 5 ACC game requirement? Who gets the rights to the 5 games between NBC and ESPN?
Here is what the ESPN article said. Maybe I interpreted this wrong and they are saying the buyout is $50M, but I read it as the operation budget is $50M, making the buyout $150M. I heard Kornblut state the same on the air tonight.
"Along with inviting Notre Dame, the ACC also says it has increased its exit fees for the conference's schools to three times the annual operation budget -- which would currently come to more than $50 million."
Maryland vetoed exit fee as well but ND buyout is 50mil. according to this article. 2nd or 3rd paragraph from bottom of article if you're lazy.
Postseason football access one key to Notre Dame's move the ACC.
If Dodd's is right, I stand corrected. I will also add whoever wrote the ESPN article did a poor job in phrasing that section of the article.
on a down note... I can do with out the ND at Duke basketball that will ensue.
There is literally no place for BCS teams to move at the moment. The ACC soon will have in place a "$50 million exit fee. (The figure has been arrived at by tripling the annual TV revenue take, $17 million per school.) Figuring in the bump in rights fees from Notre Dame, that exit fee could quickly grow to $60 million.
Notre Dame supported the monster rights fee as a way to assure ACC stability. There were dissenters in the rights fee discussion (most notably Florida State) but it was adopted by at least the required three-quarter margin, 11 of 14 schools."
LOL....talk about extortion. More proof that the Tobacco Road Mafia is still running that conference. Like I said in another post when your conference has to rely on an exit fee of that much its not a sign of stability. Just the opposite. And a washed up ND football program as a full or partial member is not going to change that. If anything it will speed up ND and the conference's ultimate football demise.
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