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College and University Discussion
Reply to "College Football--Big Ten Expansion"
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[quote=Anonymous][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] The 300 million is not near the amount the ACC will want. The current deal is $150 million plus all the tv revenue from home games in the new conference for 13 years. The Big Ten for example is at 100 million per school in 2 years and increasing rapidly so home games only will be 50 million and maybe up to 100 million by 2036 so let’s say 75 million per year average plus the 150 million exit fee. That would be 1.215 BILLION to the ACC. Why would they accept less than 1/3 of that? These rumors are total nonsense. [/quote]
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