NCAA reorg imminent

D1 Mens Lacrosse
wgdsr
Posts: 10000
Joined: Thu Aug 30, 2018 7:00 pm

Re: NCAA reorg imminent

Post by wgdsr »

InsiderRoll wrote: Fri Sep 23, 2022 5:11 pm
wgdsr wrote: Fri Sep 23, 2022 4:29 pm
InsiderRoll wrote: Fri Sep 23, 2022 4:23 pm
cltlax wrote: Fri Sep 23, 2022 3:56 pm
Essexfenwick wrote: Fri Sep 23, 2022 12:56 pm
HowieT3 wrote: Fri Sep 23, 2022 12:44 pm
InsiderRoll wrote: Sat Sep 17, 2022 3:34 pm Hearing some strong chatter from people inside ACC athletic departments that UVA, UNC, FSU and Clemson are likely heading to the SEC. If that does come about then then we could see ACC lacrosse fizzle out. Obviously they don’t have an AQ so it doesn’t really effect them but it would be sad to see the ACC no longer sponsor lacrosse.
If that does happen, it's not happening before the expiration of the ACC's Grant of Rights in 2036. In all the movements between conferences that have occurred, none were done before a particular Grant of Rights expired. No school or gaining conference has challenged the GoR concept in court, probably because their lawyers pretty much all told them they'd lose.
The ACC is sooooo screwed. Doesn’t say much about the intelligence of those institutions just making a wild deal in abject panic.
Sooooo screwed 14 years from now?
Actually the SEC would be writing them into their upcoming TV negotiations. These athletic departments are likely going to eat the $35million/year penalty for 14 years because the incoming revenue would still be 2x what they make now, even after the penalty. The ACC is on the verge of collapse, don’t expect a contract to hold up vs big money.
regardless that your math is way off... it's for the schools' media rights at any new conference. the breakaway schools get nada, the acc gets it. the acc conference would also get to keep all of their share of the old contract.

so with new b1g/sec deals, the price just went up... for the acc schools in any breach, that is. any schools ditching out would get zippy no matter what.
I don’t think you have the full picture.

Let’s say Clemson leaves the ACC for SEC. The ACC can only retain rights to Clemson home games, or they can shelf the rights. But they’d be leaving money on the shelf. The SEC would still own the broadcast rights to Clemsons SEC road games, which adds value. Clemson would get a share of that revenue. The SEC is renegotiating their deal, and if ESPN wins that they’ll retain the rights of both leagues. They have as much power and influence in this as either league does. Even if the ACC can get 50% of Clemsons earnings after leaving plus the penalty, Clemson still makes out with more.

If you’ve been around any ACC coaches in any sport lately (lacrosse being a affluent exception), they are getting crushed recruiting. They simply don’t have the resources to keep up with the ACC and B1G money. It will force athletic departments from leagues like the PAC-12 and ACC to send every available dollar to football. They will consider dropping sports to do that. That is exactly the situation UCLA faced this summer.

Here’s the math:

The average ACC TV payout is 17million. The estimated SEC/B1G payout is 78million annually. It is not sustainable for the ACC to keep up. Clemson, UNC, UVA, and FSU are smart enough to know that if they wait 14 years, then they will be left behind forever. They will find a way or risk losing the ability to compete.

Then there’s NIL and it’s impact on recruiting. The average annual NIL earnings for an SEC athlete are $53,000. While the ACC average is $28,000. They are simply falling behind in recruiting and cannot afford to keep up. They will lose coaches and athletes rapidly if they can no longer provide resources at the rate the SEC can.
before i address the rest... why would they be making twice as much as they make now, even in your scenario?

they made mid-30's from the conference. payout. they are projected to increase into low 50's by 4-5 years from now. they made $26.4, not 17, in tv money in 20-21, which was affected by the pandemic.

if school gives back half tv money ($39 million, although the total tv range may be 71-80 million) of a total payout of 90-95 million... how do they have twice as much money as low 50's?
Last edited by wgdsr on Fri Sep 23, 2022 5:58 pm, edited 1 time in total.
Essexfenwick
Posts: 1140
Joined: Tue Apr 06, 2021 7:23 pm

Re: NCAA reorg imminent

Post by Essexfenwick »

InsiderRoll wrote: Fri Sep 23, 2022 5:42 pm
Essexfenwick wrote: Fri Sep 23, 2022 5:37 pm
InsiderRoll wrote: Fri Sep 23, 2022 4:23 pm
cltlax wrote: Fri Sep 23, 2022 3:56 pm
Essexfenwick wrote: Fri Sep 23, 2022 12:56 pm
HowieT3 wrote: Fri Sep 23, 2022 12:44 pm
InsiderRoll wrote: Sat Sep 17, 2022 3:34 pm Hearing some strong chatter from people inside ACC athletic departments that UVA, UNC, FSU and Clemson are likely heading to the SEC. If that does come about then then we could see ACC lacrosse fizzle out. Obviously they don’t have an AQ so it doesn’t really effect them but it would be sad to see the ACC no longer sponsor lacrosse.
If that does happen, it's not happening before the expiration of the ACC's Grant of Rights in 2036. In all the movements between conferences that have occurred, none were done before a particular Grant of Rights expired. No school or gaining conference has challenged the GoR concept in court, probably because their lawyers pretty much all told them they'd lose.
The ACC is sooooo screwed. Doesn’t say much about the intelligence of those institutions just making a wild deal in abject panic.
Sooooo screwed 14 years from now?
Actually the SEC would be writing them into their upcoming TV negotiations. These athletic departments are likely going to eat the $35million/year penalty for 14 years because the incoming revenue would still be 2x what they make now, even after the penalty. The ACC is on the verge of collapse, don’t expect a contract to hold up vs big money.
The GOR is 75 million exit fee and all media money share in the new conference goes to the ACC until 2036
The GOR only exists if the ESPN deal still exists. ESPN will likely retain SEC rights and can strengthen that deal by assisting in realignment. They can and likely will be persuaded to dissolve their deal with the ACC. The legal penalties they will face are drops in the bucket of what is to come from realignment.

And no they don’t get all of the media rights, only media rights for games they would’ve had the rights to. i.e. Clemson at Alabama football rights are owned by the SEC, they can payout Clemson legally for those games.
Why would ESPN give up the deal of the century ?

Not going to happen
Essexfenwick
Posts: 1140
Joined: Tue Apr 06, 2021 7:23 pm

Re: NCAA reorg imminent

Post by Essexfenwick »

InsiderRoll
Posts: 1220
Joined: Sat Jun 05, 2021 3:46 pm

Re: NCAA reorg imminent

Post by InsiderRoll »

wgdsr wrote: Fri Sep 23, 2022 5:54 pm
InsiderRoll wrote: Fri Sep 23, 2022 5:11 pm
wgdsr wrote: Fri Sep 23, 2022 4:29 pm
InsiderRoll wrote: Fri Sep 23, 2022 4:23 pm
cltlax wrote: Fri Sep 23, 2022 3:56 pm
Essexfenwick wrote: Fri Sep 23, 2022 12:56 pm
HowieT3 wrote: Fri Sep 23, 2022 12:44 pm
InsiderRoll wrote: Sat Sep 17, 2022 3:34 pm Hearing some strong chatter from people inside ACC athletic departments that UVA, UNC, FSU and Clemson are likely heading to the SEC. If that does come about then then we could see ACC lacrosse fizzle out. Obviously they don’t have an AQ so it doesn’t really effect them but it would be sad to see the ACC no longer sponsor lacrosse.
If that does happen, it's not happening before the expiration of the ACC's Grant of Rights in 2036. In all the movements between conferences that have occurred, none were done before a particular Grant of Rights expired. No school or gaining conference has challenged the GoR concept in court, probably because their lawyers pretty much all told them they'd lose.
The ACC is sooooo screwed. Doesn’t say much about the intelligence of those institutions just making a wild deal in abject panic.
Sooooo screwed 14 years from now?
Actually the SEC would be writing them into their upcoming TV negotiations. These athletic departments are likely going to eat the $35million/year penalty for 14 years because the incoming revenue would still be 2x what they make now, even after the penalty. The ACC is on the verge of collapse, don’t expect a contract to hold up vs big money.
regardless that your math is way off... it's for the schools' media rights at any new conference. the breakaway schools get nada, the acc gets it. the acc conference would also get to keep all of their share of the old contract.

so with new b1g/sec deals, the price just went up... for the acc schools in any breach, that is. any schools ditching out would get zippy no matter what.
I don’t think you have the full picture.

Let’s say Clemson leaves the ACC for SEC. The ACC can only retain rights to Clemson home games, or they can shelf the rights. But they’d be leaving money on the shelf. The SEC would still own the broadcast rights to Clemsons SEC road games, which adds value. Clemson would get a share of that revenue. The SEC is renegotiating their deal, and if ESPN wins that they’ll retain the rights of both leagues. They have as much power and influence in this as either league does. Even if the ACC can get 50% of Clemsons earnings after leaving plus the penalty, Clemson still makes out with more.

If you’ve been around any ACC coaches in any sport lately (lacrosse being a affluent exception), they are getting crushed recruiting. They simply don’t have the resources to keep up with the ACC and B1G money. It will force athletic departments from leagues like the PAC-12 and ACC to send every available dollar to football. They will consider dropping sports to do that. That is exactly the situation UCLA faced this summer.

Here’s the math:

The average ACC TV payout is 17million. The estimated SEC/B1G payout is 78million annually. It is not sustainable for the ACC to keep up. Clemson, UNC, UVA, and FSU are smart enough to know that if they wait 14 years, then they will be left behind forever. They will find a way or risk losing the ability to compete.

Then there’s NIL and it’s impact on recruiting. The average annual NIL earnings for an SEC athlete are $53,000. While the ACC average is $28,000. They are simply falling behind in recruiting and cannot afford to keep up. They will lose coaches and athletes rapidly if they can no longer provide resources at the rate the SEC can.
before i address the rest... why would they be making twice as much as they make now, even in your scenario?

they made mid-30's from the conference. payout. they are projected to increase into low 50's by 4-5 years from now. they made $25, not 17, in tv money in 20-21, which was affected by the pandemic.

if school gives back half tv money ($39 million, although the total tv range may be 71-80 million) of a total payout of 90-95 million... how do they have twice as much money as low 50's?
I used 78million because that is the current estimated payout for the SEC. with the B1Gs new deal the SEC will likely be looking for something that looks more like $100-120million.

ACC revenue = 25million (using your numbers)

Current SEC revenue =

78million
- exit fee (unclear-likely 120-200million over 14years) 17-20mil/year with interest
/- ACC due rev. (25mil)
= 33million.

Future SEC Revenue =

100million
- exit fee (unclear-likely 120-200million over 14years) 17-20mil/year with interest
/- ACC due rev. (25mil)
= 55million

55/2 = 27.5

27.5 > 25
InsiderRoll
Posts: 1220
Joined: Sat Jun 05, 2021 3:46 pm

Re: NCAA reorg imminent

Post by InsiderRoll »

Essexfenwick wrote: Fri Sep 23, 2022 6:01 pm 500 million to leave the acc


https://247sports.com/Article/Conferenc ... 189838392/
Sources have reported 75mil, 120mil, 500mil, even seen it as a equation of earnings. Fact is, the ACC has never published the details of their contract.
Essexfenwick
Posts: 1140
Joined: Tue Apr 06, 2021 7:23 pm

Re: NCAA reorg imminent

Post by Essexfenwick »

InsiderRoll wrote: Fri Sep 23, 2022 6:09 pm
Essexfenwick wrote: Fri Sep 23, 2022 6:01 pm 500 million to leave the acc


https://247sports.com/Article/Conferenc ... 189838392/
Sources have reported 75mil, 120mil, 500mil, even seen it as a equation of earnings. Fact is, the ACC has never published the details of their contract.

Nobody is even talking to ACC schools. None of them increase the payout per school in the Big Ten but the GOR is a non starter anyway.
InsiderRoll
Posts: 1220
Joined: Sat Jun 05, 2021 3:46 pm

Re: NCAA reorg imminent

Post by InsiderRoll »

Essexfenwick wrote: Fri Sep 23, 2022 6:13 pm
InsiderRoll wrote: Fri Sep 23, 2022 6:09 pm
Essexfenwick wrote: Fri Sep 23, 2022 6:01 pm 500 million to leave the acc


https://247sports.com/Article/Conferenc ... 189838392/
Sources have reported 75mil, 120mil, 500mil, even seen it as a equation of earnings. Fact is, the ACC has never published the details of their contract.

Nobody is even talking to ACC schools. None of them increase the payout per school in the Big Ten but the GOR is a non starter anyway.
I worked in power 5 administration for over a decade. From the mouth of UVA and UNC administrators they are actively trying to work this out. Youre insane if you think all of these ACC schools are going to lie down and watch their revenue streams become dwarfed by SEC and B1G schools. They are spending millions on lawyers and accountants who will find a way out of the ACC contract. It’s only a matter of time.
Essexfenwick
Posts: 1140
Joined: Tue Apr 06, 2021 7:23 pm

Re: NCAA reorg imminent

Post by Essexfenwick »

InsiderRoll wrote: Fri Sep 23, 2022 6:18 pm
Essexfenwick wrote: Fri Sep 23, 2022 6:13 pm
InsiderRoll wrote: Fri Sep 23, 2022 6:09 pm
Essexfenwick wrote: Fri Sep 23, 2022 6:01 pm 500 million to leave the acc


https://247sports.com/Article/Conferenc ... 189838392/
Sources have reported 75mil, 120mil, 500mil, even seen it as a equation of earnings. Fact is, the ACC has never published the details of their contract.

Nobody is even talking to ACC schools. None of them increase the payout per school in the Big Ten but the GOR is a non starter anyway.
I worked in power 5 administration for over a decade. From the mouth of UVA and UNC administrators they are actively trying to work this out. Youre insane if you think all of these ACC schools are going to lie down and watch their revenue streams become dwarfed by SEC and B1G schools. They are spending millions on lawyers and accountants who will find a way out of the ACC contract. It’s only a matter of time.
They would have done it by now. They can leave. They just owe 500 million. They aren’t going to nullify contract law because they made a panicky low IQ deal.
InsiderRoll
Posts: 1220
Joined: Sat Jun 05, 2021 3:46 pm

Re: NCAA reorg imminent

Post by InsiderRoll »

Essexfenwick wrote: Fri Sep 23, 2022 6:13 pm
InsiderRoll wrote: Fri Sep 23, 2022 6:09 pm
Essexfenwick wrote: Fri Sep 23, 2022 6:01 pm 500 million to leave the acc


https://247sports.com/Article/Conferenc ... 189838392/
Sources have reported 75mil, 120mil, 500mil, even seen it as a equation of earnings. Fact is, the ACC has never published the details of their contract.

Nobody is even talking to ACC schools. None of them increase the payout per school in the Big Ten but the GOR is a non starter anyway.
Did you even read the back end of the article you sent. It literally introduces the ideas I just posted above. ESPN can dissolve and leverage their wants and needs into realignment. Nothing will stop the $$$ train.
Essexfenwick
Posts: 1140
Joined: Tue Apr 06, 2021 7:23 pm

Re: NCAA reorg imminent

Post by Essexfenwick »

ESPN has no incentive to give up the deal of the century for 14 years. It’s been losing revenue for 4 years and the ACC deal is a bright spot.
wgdsr
Posts: 10000
Joined: Thu Aug 30, 2018 7:00 pm

Re: NCAA reorg imminent

Post by wgdsr »

InsiderRoll wrote: Fri Sep 23, 2022 6:07 pm
wgdsr wrote: Fri Sep 23, 2022 5:54 pm
InsiderRoll wrote: Fri Sep 23, 2022 5:11 pm
wgdsr wrote: Fri Sep 23, 2022 4:29 pm
InsiderRoll wrote: Fri Sep 23, 2022 4:23 pm
cltlax wrote: Fri Sep 23, 2022 3:56 pm
Essexfenwick wrote: Fri Sep 23, 2022 12:56 pm
HowieT3 wrote: Fri Sep 23, 2022 12:44 pm
InsiderRoll wrote: Sat Sep 17, 2022 3:34 pm Hearing some strong chatter from people inside ACC athletic departments that UVA, UNC, FSU and Clemson are likely heading to the SEC. If that does come about then then we could see ACC lacrosse fizzle out. Obviously they don’t have an AQ so it doesn’t really effect them but it would be sad to see the ACC no longer sponsor lacrosse.
If that does happen, it's not happening before the expiration of the ACC's Grant of Rights in 2036. In all the movements between conferences that have occurred, none were done before a particular Grant of Rights expired. No school or gaining conference has challenged the GoR concept in court, probably because their lawyers pretty much all told them they'd lose.
The ACC is sooooo screwed. Doesn’t say much about the intelligence of those institutions just making a wild deal in abject panic.
Sooooo screwed 14 years from now?
Actually the SEC would be writing them into their upcoming TV negotiations. These athletic departments are likely going to eat the $35million/year penalty for 14 years because the incoming revenue would still be 2x what they make now, even after the penalty. The ACC is on the verge of collapse, don’t expect a contract to hold up vs big money.
regardless that your math is way off... it's for the schools' media rights at any new conference. the breakaway schools get nada, the acc gets it. the acc conference would also get to keep all of their share of the old contract.

so with new b1g/sec deals, the price just went up... for the acc schools in any breach, that is. any schools ditching out would get zippy no matter what.
I don’t think you have the full picture.

Let’s say Clemson leaves the ACC for SEC. The ACC can only retain rights to Clemson home games, or they can shelf the rights. But they’d be leaving money on the shelf. The SEC would still own the broadcast rights to Clemsons SEC road games, which adds value. Clemson would get a share of that revenue. The SEC is renegotiating their deal, and if ESPN wins that they’ll retain the rights of both leagues. They have as much power and influence in this as either league does. Even if the ACC can get 50% of Clemsons earnings after leaving plus the penalty, Clemson still makes out with more.

If you’ve been around any ACC coaches in any sport lately (lacrosse being a affluent exception), they are getting crushed recruiting. They simply don’t have the resources to keep up with the ACC and B1G money. It will force athletic departments from leagues like the PAC-12 and ACC to send every available dollar to football. They will consider dropping sports to do that. That is exactly the situation UCLA faced this summer.

Here’s the math:

The average ACC TV payout is 17million. The estimated SEC/B1G payout is 78million annually. It is not sustainable for the ACC to keep up. Clemson, UNC, UVA, and FSU are smart enough to know that if they wait 14 years, then they will be left behind forever. They will find a way or risk losing the ability to compete.

Then there’s NIL and it’s impact on recruiting. The average annual NIL earnings for an SEC athlete are $53,000. While the ACC average is $28,000. They are simply falling behind in recruiting and cannot afford to keep up. They will lose coaches and athletes rapidly if they can no longer provide resources at the rate the SEC can.
before i address the rest... why would they be making twice as much as they make now, even in your scenario?

they made mid-30's from the conference. payout. they are projected to increase into low 50's by 4-5 years from now. they made $25, not 17, in tv money in 20-21, which was affected by the pandemic.

if school gives back half tv money ($39 million, although the total tv range may be 71-80 million) of a total payout of 90-95 million... how do they have twice as much money as low 50's?
I used 78million because that is the current estimated payout for the SEC. with the B1Gs new deal the SEC will likely be looking for something that looks more like $100-120million.

ACC revenue = 25million (using your numbers)

Current SEC revenue =

78million
- exit fee (unclear-likely 120-200million over 14years) 17-20mil/year with interest
/- ACC due rev. (25mil)
= 33million.

Future SEC Revenue =

100million
- exit fee (unclear-likely 120-200million over 14years) 17-20mil/year with interest
/- ACC due rev. (25mil)
= 55million

55/2 = 27.5

27.5 > 25
insider,
here is the math on tv, edited in your scenario:
Future SEC Revenue =

100million
- exit fee (unclear-likely 120-200million over 14years) 17-20mil/year with interest
/- half of tv revenue
= 30 million.

30 million vs 25 in '20-'21 but estimated into 30s by these futuristic year totals for the sec.

and that's with a $22 million per year bump you're giving a $78 million average. the sec hasn't trumped that yet and things look a little unsteady in a number of markets out there. so a possible $11 million dollar downside to $19 million vs 30's. but you see they won't be making any more $$, certainly not twice as much, by the move as it stands pre-negotiation?
DocBarrister
Posts: 6690
Joined: Sat Aug 04, 2018 12:00 pm

Re: NCAA reorg imminent

Post by DocBarrister »

Essexfenwick wrote: Fri Sep 23, 2022 6:21 pm
InsiderRoll wrote: Fri Sep 23, 2022 6:18 pm
Essexfenwick wrote: Fri Sep 23, 2022 6:13 pm
InsiderRoll wrote: Fri Sep 23, 2022 6:09 pm
Essexfenwick wrote: Fri Sep 23, 2022 6:01 pm 500 million to leave the acc


https://247sports.com/Article/Conferenc ... 189838392/
Sources have reported 75mil, 120mil, 500mil, even seen it as a equation of earnings. Fact is, the ACC has never published the details of their contract.

Nobody is even talking to ACC schools. None of them increase the payout per school in the Big Ten but the GOR is a non starter anyway.
I worked in power 5 administration for over a decade. From the mouth of UVA and UNC administrators they are actively trying to work this out. Youre insane if you think all of these ACC schools are going to lie down and watch their revenue streams become dwarfed by SEC and B1G schools. They are spending millions on lawyers and accountants who will find a way out of the ACC contract. It’s only a matter of time.
They would have done it by now. They can leave. They just owe 500 million. They aren’t going to nullify contract law because they made a panicky low IQ deal.
Contracts are amended, supplemented, and/or restructured all the time. Most contracts include terms that expressly acknowledge the possibility and outline the protocol for making those changes.

Contracts are not set in stone. Circumstances and needs may change. Most contracts are intended to be living documents that can change with the circumstances.

Circumstances have changed drastically since the ACC reached their last media agreement.

It is almost delusional to think the ACC is going to stand pat. The ACC needs to adapt to the new circumstances of college sports.

DocBarrister
@DocBarrister
Essexfenwick
Posts: 1140
Joined: Tue Apr 06, 2021 7:23 pm

Re: NCAA reorg imminent

Post by Essexfenwick »

DocBarrister wrote: Fri Sep 23, 2022 11:06 pm
Essexfenwick wrote: Fri Sep 23, 2022 6:21 pm
InsiderRoll wrote: Fri Sep 23, 2022 6:18 pm
Essexfenwick wrote: Fri Sep 23, 2022 6:13 pm
InsiderRoll wrote: Fri Sep 23, 2022 6:09 pm
Essexfenwick wrote: Fri Sep 23, 2022 6:01 pm 500 million to leave the acc


https://247sports.com/Article/Conferenc ... 189838392/
Sources have reported 75mil, 120mil, 500mil, even seen it as a equation of earnings. Fact is, the ACC has never published the details of their contract.

Nobody is even talking to ACC schools. None of them increase the payout per school in the Big Ten but the GOR is a non starter anyway.
I worked in power 5 administration for over a decade. From the mouth of UVA and UNC administrators they are actively trying to work this out. Youre insane if you think all of these ACC schools are going to lie down and watch their revenue streams become dwarfed by SEC and B1G schools. They are spending millions on lawyers and accountants who will find a way out of the ACC contract. It’s only a matter of time.
They would have done it by now. They can leave. They just owe 500 million. They aren’t going to nullify contract law because they made a panicky low IQ deal.
Contracts are amended, supplemented, and/or restructured all the time. Most contracts include terms that expressly acknowledge the possibility and outline the protocol for making those changes.

Contracts are not set in stone. Circumstances and needs may change. Most contracts are intended to be living documents that can change with the circumstances.

Circumstances have changed drastically since the ACC reached their last media agreement.

It is almost delusional to think the ACC is going to stand pat. The ACC needs to adapt to the new circumstances of college sports.

DocBarrister
The majority of the Acc schools are better off with the GOR why would the majority of ACC schools agree to change the specifically worded contract? The contract says all parties are 100 percent clear on the withdraw policy which is a huge windfall profit for the majority of schools.
wgdsr
Posts: 10000
Joined: Thu Aug 30, 2018 7:00 pm

Re: NCAA reorg imminent

Post by wgdsr »

Essexfenwick wrote: Sat Sep 24, 2022 9:24 am
DocBarrister wrote: Fri Sep 23, 2022 11:06 pm
Essexfenwick wrote: Fri Sep 23, 2022 6:21 pm
InsiderRoll wrote: Fri Sep 23, 2022 6:18 pm
Essexfenwick wrote: Fri Sep 23, 2022 6:13 pm
InsiderRoll wrote: Fri Sep 23, 2022 6:09 pm
Essexfenwick wrote: Fri Sep 23, 2022 6:01 pm 500 million to leave the acc


https://247sports.com/Article/Conferenc ... 189838392/
Sources have reported 75mil, 120mil, 500mil, even seen it as a equation of earnings. Fact is, the ACC has never published the details of their contract.

Nobody is even talking to ACC schools. None of them increase the payout per school in the Big Ten but the GOR is a non starter anyway.
I worked in power 5 administration for over a decade. From the mouth of UVA and UNC administrators they are actively trying to work this out. Youre insane if you think all of these ACC schools are going to lie down and watch their revenue streams become dwarfed by SEC and B1G schools. They are spending millions on lawyers and accountants who will find a way out of the ACC contract. It’s only a matter of time.
They would have done it by now. They can leave. They just owe 500 million. They aren’t going to nullify contract law because they made a panicky low IQ deal.
Contracts are amended, supplemented, and/or restructured all the time. Most contracts include terms that expressly acknowledge the possibility and outline the protocol for making those changes.

Contracts are not set in stone. Circumstances and needs may change. Most contracts are intended to be living documents that can change with the circumstances.

Circumstances have changed drastically since the ACC reached their last media agreement.

It is almost delusional to think the ACC is going to stand pat. The ACC needs to adapt to the new circumstances of college sports.

DocBarrister
The majority of the Acc schools are better off with the GOR why would the majority of ACC schools agree to change the specifically worded contract? The contract says all parties are 100 percent clear on the withdraw policy which is a huge windfall profit for the majority of schools.
he buckles on contracts all the time, so he expects others will.
DocBarrister
Posts: 6690
Joined: Sat Aug 04, 2018 12:00 pm

Re: NCAA reorg imminent

Post by DocBarrister »

Essexfenwick wrote: Sat Sep 24, 2022 9:24 am
DocBarrister wrote: Fri Sep 23, 2022 11:06 pm
Essexfenwick wrote: Fri Sep 23, 2022 6:21 pm
InsiderRoll wrote: Fri Sep 23, 2022 6:18 pm
Essexfenwick wrote: Fri Sep 23, 2022 6:13 pm
InsiderRoll wrote: Fri Sep 23, 2022 6:09 pm
Essexfenwick wrote: Fri Sep 23, 2022 6:01 pm 500 million to leave the acc


https://247sports.com/Article/Conferenc ... 189838392/
Sources have reported 75mil, 120mil, 500mil, even seen it as a equation of earnings. Fact is, the ACC has never published the details of their contract.

Nobody is even talking to ACC schools. None of them increase the payout per school in the Big Ten but the GOR is a non starter anyway.
I worked in power 5 administration for over a decade. From the mouth of UVA and UNC administrators they are actively trying to work this out. Youre insane if you think all of these ACC schools are going to lie down and watch their revenue streams become dwarfed by SEC and B1G schools. They are spending millions on lawyers and accountants who will find a way out of the ACC contract. It’s only a matter of time.
They would have done it by now. They can leave. They just owe 500 million. They aren’t going to nullify contract law because they made a panicky low IQ deal.
Contracts are amended, supplemented, and/or restructured all the time. Most contracts include terms that expressly acknowledge the possibility and outline the protocol for making those changes.

Contracts are not set in stone. Circumstances and needs may change. Most contracts are intended to be living documents that can change with the circumstances.

Circumstances have changed drastically since the ACC reached their last media agreement.

It is almost delusional to think the ACC is going to stand pat. The ACC needs to adapt to the new circumstances of college sports.

DocBarrister
The majority of the Acc schools are better off with the GOR why would the majority of ACC schools agree to change the specifically worded contract? The contract says all parties are 100 percent clear on the withdraw policy which is a huge windfall profit for the majority of schools.
Why would ESPN want to pay the same money if the ACC football powers leave? ESPN is not going to simply stand by and keep paying up if ACC football is gutted.

In all likelihood, the ESPN-ACC deal will be renegotiated, amended, supplemented, and/or restructured … probably to every school’s net benefit.

As things stand now, the current ACC deal is a big loser … for everyone.

DocBarrister
@DocBarrister
DocBarrister
Posts: 6690
Joined: Sat Aug 04, 2018 12:00 pm

Re: NCAA reorg imminent

Post by DocBarrister »

wgdsr wrote: Sat Sep 24, 2022 12:17 pm
Essexfenwick wrote: Sat Sep 24, 2022 9:24 am
DocBarrister wrote: Fri Sep 23, 2022 11:06 pm
Essexfenwick wrote: Fri Sep 23, 2022 6:21 pm
InsiderRoll wrote: Fri Sep 23, 2022 6:18 pm
Essexfenwick wrote: Fri Sep 23, 2022 6:13 pm
InsiderRoll wrote: Fri Sep 23, 2022 6:09 pm
Essexfenwick wrote: Fri Sep 23, 2022 6:01 pm 500 million to leave the acc


https://247sports.com/Article/Conferenc ... 189838392/
Sources have reported 75mil, 120mil, 500mil, even seen it as a equation of earnings. Fact is, the ACC has never published the details of their contract.

Nobody is even talking to ACC schools. None of them increase the payout per school in the Big Ten but the GOR is a non starter anyway.
I worked in power 5 administration for over a decade. From the mouth of UVA and UNC administrators they are actively trying to work this out. Youre insane if you think all of these ACC schools are going to lie down and watch their revenue streams become dwarfed by SEC and B1G schools. They are spending millions on lawyers and accountants who will find a way out of the ACC contract. It’s only a matter of time.
They would have done it by now. They can leave. They just owe 500 million. They aren’t going to nullify contract law because they made a panicky low IQ deal.
Contracts are amended, supplemented, and/or restructured all the time. Most contracts include terms that expressly acknowledge the possibility and outline the protocol for making those changes.

Contracts are not set in stone. Circumstances and needs may change. Most contracts are intended to be living documents that can change with the circumstances.

Circumstances have changed drastically since the ACC reached their last media agreement.

It is almost delusional to think the ACC is going to stand pat. The ACC needs to adapt to the new circumstances of college sports.

DocBarrister
The majority of the Acc schools are better off with the GOR why would the majority of ACC schools agree to change the specifically worded contract? The contract says all parties are 100 percent clear on the withdraw policy which is a huge windfall profit for the majority of schools.
he buckles on contracts all the time, so he expects others will.
Change is hard for some folks to accept. That’s pretty obvious.

In business … and college football is a business … change is just part of the scenery.

Businesses that adapt, succeed. Those that don’t, don’t.

We will see what kind of business the ACC is.

DocBarrister
@DocBarrister
Essexfenwick
Posts: 1140
Joined: Tue Apr 06, 2021 7:23 pm

Re: NCAA reorg imminent

Post by Essexfenwick »

DocBarrister wrote: Sat Sep 24, 2022 12:21 pm
Essexfenwick wrote: Sat Sep 24, 2022 9:24 am
DocBarrister wrote: Fri Sep 23, 2022 11:06 pm
Essexfenwick wrote: Fri Sep 23, 2022 6:21 pm
InsiderRoll wrote: Fri Sep 23, 2022 6:18 pm
Essexfenwick wrote: Fri Sep 23, 2022 6:13 pm
InsiderRoll wrote: Fri Sep 23, 2022 6:09 pm
Essexfenwick wrote: Fri Sep 23, 2022 6:01 pm 500 million to leave the acc


https://247sports.com/Article/Conferenc ... 189838392/
Sources have reported 75mil, 120mil, 500mil, even seen it as a equation of earnings. Fact is, the ACC has never published the details of their contract.

Nobody is even talking to ACC schools. None of them increase the payout per school in the Big Ten but the GOR is a non starter anyway.
I worked in power 5 administration for over a decade. From the mouth of UVA and UNC administrators they are actively trying to work this out. Youre insane if you think all of these ACC schools are going to lie down and watch their revenue streams become dwarfed by SEC and B1G schools. They are spending millions on lawyers and accountants who will find a way out of the ACC contract. It’s only a matter of time.
They would have done it by now. They can leave. They just owe 500 million. They aren’t going to nullify contract law because they made a panicky low IQ deal.
Contracts are amended, supplemented, and/or restructured all the time. Most contracts include terms that expressly acknowledge the possibility and outline the protocol for making those changes.

Contracts are not set in stone. Circumstances and needs may change. Most contracts are intended to be living documents that can change with the circumstances.

Circumstances have changed drastically since the ACC reached their last media agreement.

It is almost delusional to think the ACC is going to stand pat. The ACC needs to adapt to the new circumstances of college sports.

DocBarrister
The majority of the Acc schools are better off with the GOR why would the majority of ACC schools agree to change the specifically worded contract? The contract says all parties are 100 percent clear on the withdraw policy which is a huge windfall profit for the majority of schools.
Why would ESPN want to pay the same money if the ACC football powers leave? ESPN is not going to simply stand by and keep paying up if ACC football is gutted.

In all likelihood, the ESPN-ACC deal will be renegotiated, amended, supplemented, and/or restructured … probably to every school’s net benefit.

As things stand now, the current ACC deal is a big loser … for everyone.

DocBarrister
Most of the teams in the acc are benefitting and aren’t going to change the contract. ESPN is benefitting big time for 14 more years. If a school want to leave because they feel like they made a stupid deal then they need to pay 500 million.
User avatar
44WeWantMore
Posts: 1422
Joined: Sat Aug 04, 2018 3:11 pm
Location: Too far from 21218

Re: NCAA reorg imminent

Post by 44WeWantMore »

It seems to me that everybody is focusing on why the Clemsons of the ACC might want to get out. What about the Wakes of the ACC who will want every drop of blood the contract entitles them to?
Be in their flowing cups freshly rememb'red.
Essexfenwick
Posts: 1140
Joined: Tue Apr 06, 2021 7:23 pm

Re: NCAA reorg imminent

Post by Essexfenwick »

44WeWantMore wrote: Sat Sep 24, 2022 1:57 pm It seems to me that everybody is focusing on why the Clemsons of the ACC might want to get out. What about the Wakes of the ACC who will want every drop of blood the contract entitles them to?
Plus Clemson isn’t safe. The SEC won’t take 2 teams in South Carolina. Big Ten doesn’t want the tiny media market. Florida State is probably the only take. Unc and Uva besides being trapped by GOR are also trapped together with VT and NCst not able to be left in an inferior conference politically.

It’s really interesting
Farfromgeneva
Posts: 23826
Joined: Sat Feb 23, 2019 10:53 am

Re: NCAA reorg imminent

Post by Farfromgeneva »

Essexfenwick wrote: Sat Sep 24, 2022 2:39 pm
44WeWantMore wrote: Sat Sep 24, 2022 1:57 pm It seems to me that everybody is focusing on why the Clemsons of the ACC might want to get out. What about the Wakes of the ACC who will want every drop of blood the contract entitles them to?
Plus Clemson isn’t safe. The SEC won’t take 2 teams in South Carolina. Big Ten doesn’t want the tiny media market. Florida State is probably the only take. Unc and Uva besides being trapped by GOR are also trapped together with VT and NCst not able to be left in an inferior conference politically.

It’s really interesting
You don’t know what you are talking about.
Now I love those cowboys, I love their gold
Love my uncle, God rest his soul
Taught me good, Lord, taught me all I know
Taught me so well, that I grabbed that gold
I left his dead ass there by the side of the road, yeah
Post Reply

Return to “D1 MENS LACROSSE”