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College and University Discussion
Reply to "College Football--Big Ten Expansion"
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[quote=Anonymous]CURRENT RUMOR RE: FSU LEAVING ACC: The current rumor is that FSU has negotiated an exit fee of $300 million to be paid in ten annual installments of $30 million per year. The numbers work as FSU would be stuck for the next 12 or 13 years (through 2036) earning about $40 to $60 million less per year than if it joined the Big Ten. Clemson also wants out of the ACC now. These are rumors being floated by long-time college football insiders/analysts. Same folks are stating that both FSU & Clemson are headed to the Big Ten Conference. I find this difficult to believe as it seems more like a ploy to get ESPN & Disney to give more money to FSU & Clemson to keep the ACC intact. Nevertheless, that's the rumor. Other talk is that U Utah & ASU want to remain in the Pac-12. Supposedly U Utah does not want to be in the same conference with arch-rival BYU. Seems silly to me, but that is the rumor. Not clear about ASU's alleged reasons. Any new Pac-12 contract will pay about $20 million per year per team if there are no other departures from the Pac-12. This is a huge pay cut. The contract would contain escalator clauses for TV ratings and for hitting certain subscription target goals.[/quote]
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