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Clemson files Grant of Rights language lawsuit against the ACC (Update at #125)

Discussion in 'RayGator's Swamp Gas' started by 62gator, Mar 19, 2024.

  1. your_perfect_enemy

    your_perfect_enemy GC Hall of Fame

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    I’ve been very confused by this too. It’s like it’s etched on tablets like the Ten Commandments . How does no one have pdf of it? Makes you wonder if they’re trying to hide something
     
  2. jailer

    jailer GC Hall of Fame

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    All of the flawed lawsuits filed by any ACC team attempting to extract themselves from a legally executed contract constitute parlaying for media clicks. They are dead to rights.

    One only needs to understand that these bozos have overlooked intentionally the ironclad venue provision of North Carolina for any lawsuit. The parties failure to adhere to an ironclad portion of the contract shows that this is simply an act for media attention and or some attempt to further negotiate with the ACC for money.

    The silliness of the “learned” lawyer explaining the long arm statute to a non-attorney to shill the non-attorney is comedy. I can only surmise that the “learned” attorney is attempting to drum up business among his Seminole brethren. He is in the same business as Barnum, “ a new sucker is born every minute”. Go Gators.
     
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  3. gatormonk

    gatormonk GC Hall of Fame

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    FSU Athletics Eyes $327M Bond Offering Amid Legal Fight With ACC


    The Florida State University athletic department is looking to raise $326.6 million from an upcoming bond offering as administrators speak openly about the Seminoles falling behind financially.

    A preliminary offering statement, posted this week via Florida’s Division of Bond Finance, says the purpose of the revenue bonds is to finance renovations to the school’s football stadium and the construction of a new football operations facility.
     
  4. incoldblood

    incoldblood GC Hall of Fame

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    More downsizing, from the article:

    In total the renovations will reduce the capacity of the venue from 79,560 to something “between 65,000 and 70,000, but the renovations will significantly increase the number and diversity of premium seating options available to ticketholders
     
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  5. 62gator

    62gator GC Hall of Fame

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  6. AgingGator

    AgingGator GC Hall of Fame

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    Never has Joke Shambles Stadium been a more appropriate nickname!
     
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  7. exiledgator

    exiledgator Gruntled

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    So 60% of revenue is viewership based (Clemson / FSU) and the ACC dies in 2030? Does that about sum it up?
     
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  8. Brodeur

    Brodeur GC Hall of Fame

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    I think so. I'm surprised how much FSU and Clemson are getting out of this deal. I just hope FSU viewership numbers decline after a few more losing seasons and they don't even get the extra revenue they bartered for.
     
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  9. DieAGator

    DieAGator GC Hall of Fame

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    Does it work the same within the SEC? If not, would it mean they are giving extra to fsu and Clemson? I wouldn't think either school warrants special circumstances. I don't watch Clemson and only tune into fsu games hoping to watch them lose.
     
  10. Crusher

    Crusher GC Hall of Fame

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    The SEC splits its TV revenues equally among conference members.
     
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  11. exiledgator

    exiledgator Gruntled

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    Yeah - as @Crusher said, the SEC, and I think every P5, splits revenue equally.

    The ACC will share 40% of revenue equally and divy the other 60% according to viewership.

    There also seems to be a decreasing exit fee that goes away (?) by 2030, effectively putting the ACC's death on the calendar.
     
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  12. northgagator

    northgagator GC Hall of Fame

    Tapping into the TV markets of North Carolina, Virginia, and Maryland would increase the footprint of the SEC TV market.
     
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  13. Gatorrick22

    Gatorrick22 GC Hall of Fame

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    I hear you, and if the SEC were to expand that would be the way to go, IMHO.
     
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  14. northgagator

    northgagator GC Hall of Fame

    I have family in both Northern Virginia (Reston) and Maryland (60 miles east of DC). These two areas have very large TV Markets.
     
  15. Gatorrick22

    Gatorrick22 GC Hall of Fame

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    My dad was born and raised in Virginia, and we lived there for a bit of my childhood. I love the people and topography in that state.
     
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  16. tigator2019

    tigator2019 GC Hall of Fame

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    In my head--- UF

    No. Maryland brings nothing
    VA? VA is bball country
     
  17. northgagator

    northgagator GC Hall of Fame

    You missed my point, a lot of people in Maryland follow Virginia and Virginia Tech football and basketball.
     
  18. Wanne15

    Wanne15 GC Hall of Fame

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    Let me know when those two win something of note. They suck
     
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  19. archigator_96

    archigator_96 GC Hall of Fame

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    I would add N Car and UVA in a heartbeat. We need another team we can beat in both football and basketball in the conference. Baseball too. Plus they are still in the SE. The big ten being in oregon and cali makes no sense.
     
  20. gatorwalrus

    gatorwalrus GC Hall of Fame

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    If TV markets are the end all be all, get USC/UCLA out of the Big >10. The Bears out of the NFC and Jets from AFC (both would probably be .500 in the SEC).