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Unless a school can overcome the Grant of Rights, which is a high hurdle and unlikely, the school has zero value to the SEC or B1G. Each school in those conferences will take home ~$100 million, so any school that is added needs to bring at least that much additional revenue, or the other schools have to take a pay cut willingly (very unlikely). Even without the GoR, are there any ACC schools that can increase the media rights of the SEC by $100 million or more? I'm highly doubtful any can, but maybe Clemson?
If a ACC school leaves & wants to purchase it's rights back then I doubt a court would deny them provided it is fair. So for instance if UNC is willing to pay the ACC 30 million per year for those rights it would still net more money than the projected ACC revenue distribution
I just don’t see how at least one of Notre Dame or Clemson sticks around long term with this new landscape. The Grant of Rights stuff is a hurdle, but there’s so much money at stake, it seems worth tackling.
And if either of those go, the ACC is clearly diminished. ND is easier to deal with, although those tie-in FB games have a lot of value that’s hard to replace. Losing Clemson would be devastating. A school that might’ve accepted the current status quo of an ACC that pays out far less than the P2 is now looking at losing a big driver of the entire conference’s value in football. The haves are going to be looking at their options, and the ACC will come up short.
It really seems more a factor of when, not if.
Agreed, the ACC has to get Notre Dame in for all sports as a baseline, while keeping Clemson and pretty much everyone else, to survive intact. Then it looks like they would need to grab another couple of big names. All seem like difficult tasks right now.
I would also add that this expansion by the SEC/B1G is as much about consolidating power of the most valuable brands to breakaway from the NCAA which will include March Madness eventually. Imagine the money involved with being participates & promoters at the same time
If a ACC school leaves & wants to purchase it's rights back then I doubt a court would deny them provided it is fair. So for instance if UNC is willing to pay the ACC 30 million per year for those rights it would still net more money than the projected ACC revenue distribution
It's a binding contract. A court isn't going to dissolve the contract because a school wants to. The Grant of Rights was crafted to ensure schools didn't leave the conference, not that the conference received revenue similar to what they might have if the school had stayed. There is a reason Texas and Oklahoma haven't joined the SEC yet, and won't until the GoR expires or they can negotiate a buyout. Any ACC school would be in the same situation. They could opt to go to court, spend an inordinate amount of money on lawyers over the next several years, and likely lose (and have to cover the league's lawyer's costs).
Agreed, the ACC has to get Notre Dame in for all sports as a baseline, while keeping Clemson and pretty much everyone else, to survive intact. Then it looks like they would need to grab another couple of big names. All seem like difficult tasks right now.
Notre Dame isn't joining the ACC for football. I doubt it would be willing to join the Big 10, either, which is a more logical landing spot. They simply value their football independence enough that they are willing to sacrifice revenue to maintain it.
It's a binding contract. A court isn't going to dissolve the contract because a school wants to. The Grant of Rights was crafted to ensure schools didn't leave the conference, not that the conference received revenue similar to what they might have if the school had stayed. There is a reason Texas and Oklahoma haven't joined the SEC yet, and won't until the GoR expires or they can negotiate a buyout. Any ACC school would be in the same situation. They could opt to go to court, spend an inordinate amount of money on lawyers over the next several years, and likely lose (and have to cover the league's lawyer's costs).
Never said it wasn't binding & it's a contract that goes both ways. Each school assigned their media rights in exchange for the $$$ negioated by the conference with it's media partner. The media company gets a guarantee to x amount of content & the conference receives a guarantee they won't have to redo their deal because of the stability the GoR provides. Now a school that moves on can't allow it's new conference to include their rights but that also means that schools home games would still be televised by that partner & my quess is the conference would have to compensate the school as long as they honored that part of their contract
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