|
Post by redbeard2008 on Aug 18, 2023 17:21:52 GMT -5
Their agreement with the ACC lets them play football as an independent but says that if they join a conference (thru 2036), it has to be the ACC. Thus, if they joined the B1G, they'd be in breach of contract and liable for the same damages as if they were a member of the ACC. That's the problem. Or they could join the ACC then negotiate to get out. It would be essentially the same result. Everything is negotiable. They don't have to join the ACC to negotiate to get out - they are already a member. How much value does Notre Dame, without football, bring to the ACC? In the meantime, the ACC members hate the media rights deal they signed because it locks them into an also-ran status through 2036, with the $-gap just getting wider and wider and wider. Does the B1G want ND enough to save a slot for them? Absolutely. If the B1G signs a future deal paying $100+ million per member, which seems very likely, that makes even a very hefty negotiated buy-out doable. My guess is that the ACC would grab the money and say "C-Ya!" Let's also venture that the B1G lets ND keep the lion's share (67-75%?) of whatever deal they can negotiate with NBC for their home games as a sweetener. It is the same reason UW and Oregon are jumping at half-shares - they don't want to be left behind. And the same reason Stanford might not want to join the ACC, MWC, Big 12, or expanded Pac without a "parachute" clause.
|
|
|
Post by surfvolleypolojock77 on Aug 19, 2023 14:35:41 GMT -5
|
|
|
Post by surfvolleypolojock77 on Aug 20, 2023 21:14:54 GMT -5
|
|
|
Post by baytree on Aug 21, 2023 3:09:44 GMT -5
Their agreement with the ACC lets them play football as an independent but says that if they join a conference (thru 2036), it has to be the ACC. Thus, if they joined the B1G, they'd be in breach of contract and liable for the same damages as if they were a member of the ACC. That's the problem. Or they could join the ACC then negotiate to get out. It would be essentially the same result. Everything is negotiable. They don't have to join the ACC to negotiate to get out - they are already a member. How much value does Notre Dame, without football, bring to the ACC? In the meantime, the ACC members hate the media rights deal they signed because it locks them into an also-ran status through 2036, with the $-gap just getting wider and wider and wider. Does the B1G want ND enough to save a slot for them? Absolutely. If the B1G signs a future deal paying $100+ million per member, which seems very likely, that makes even a very hefty negotiated buy-out doable. My guess is that the ACC would grab the money and say "C-Ya!" Let's also venture that the B1G lets ND keep the lion's share (67-75%?) of whatever deal they can negotiate with NBC for their home games as a sweetener. It is the same reason UW and Oregon are jumping at half-shares - they don't want to be left behind. And the same reason Stanford might not want to join the ACC, MWC, Big 12, or expanded Pac without a "parachute" clause. I should have said "they could join the ACC for football" but I thought that was clear. My apologies. They currently have a contract that says they'll play 5 football games a year w ACC teams and that if they join a conference for football, it will be the ACC. That contract runs until 2036. If they want to join another conference, they could join the ACC as a full member for all sports including football (IOW honor their current contract w the ACC) then negotiate out. Or, if they join another conference for football before 2036, they could pay the ACC damages for breach of contract (which would probably cost about the same but if they negotiate it's between them and the ACC, not a jury or judge w discovery like if they get sued for damages).
But, as I asked you earlier, how likely do you think it is that they will pay a lot of money to join the B1G anytime soon? Their cost may be more than $500M bc their games may be worth more than FSU's. I think the odds are low that joining the B1G would be worth that much to them. How high do you think the odds are? I guess if the B1G actually gets to $100M per team per year (and ND does not get a similar raise in its payments from NBC or another network), it might be likely but they aren't close to that ATM.
I don't understand why you are talking about the price for ND without football. They are contractually obligated to either remain independent or join the ACC in football. If they join the B1G, they will owe the ACC the damages for ND not joining the ACC in football thru 2036. How are they going to join the B1G without having to pay damages equal to what they would have paid the ACC to get out if they had joined for football as well as their other sports?
|
|
|
Post by surfvolleypolojock77 on Aug 21, 2023 10:58:44 GMT -5
|
|
|
Post by surfvolleypolojock77 on Aug 21, 2023 10:59:18 GMT -5
|
|
|
Post by surfvolleypolojock77 on Aug 21, 2023 12:39:44 GMT -5
|
|
|
Post by savannahbadger on Aug 21, 2023 14:55:52 GMT -5
I don't believe the Big Ten has one, but they should consider adding one. I recall some talk, around the time Nebraska joined the B1G, that the Grant Of Rights was for life. People were scared about what would happen if Michigan and Ohio State wanted to leave for the SEC to leave to create a whole new mega-conference of nothing but top brand name teams. That lifetime GOR was noted as why that would never happen. You’re correct though. There’s no exit fee because the GOR is the barrier to leaving.
|
|
|
Post by bbg95 on Aug 21, 2023 15:43:13 GMT -5
I don't believe the Big Ten has one, but they should consider adding one. I recall some talk, around the time Nebraska joined the B1G, that the Grant Of Rights was for life. People were scared about what would happen if Michigan and Ohio State wanted to leave for the SEC to leave to create a whole new mega-conference of nothing but top brand name teams. That lifetime GOR was noted as why that would never happen. You’re correct though. There’s no exit fee because the GOR is the barrier to leaving. Do you have a source on the grant of rights being "for life"?
|
|
|
Post by savannahbadger on Aug 21, 2023 15:59:12 GMT -5
Do you have a source on the grant of rights being "for life"? No, but you don’t EVER hear about a GOR timelength in the same way you hear a definite timeline for the other conferences. I don’t see anything listed in any of the recent deals. This topic has come up several times in the past 12 years, and I can’t seem to find that original discussion.
|
|
|
Post by bbg95 on Aug 21, 2023 16:07:11 GMT -5
Do you have a source on the grant of rights being "for life"? No, but you don’t EVER hear about a GOR timelength in the same way you hear a definite timeline for the other conferences. I don’t see anything listed in any of the recent deals. This topic has come up several times in the past 12 years, and I can’t seem to find that original discussion. All right, no problem. I'm a bit skeptical that the GOR actually binds them forever, but maybe.
|
|
|
Post by c4ndlelight on Aug 21, 2023 16:21:03 GMT -5
You sure it's not the life of the media deal?
|
|
|
Post by savannahbadger on Aug 21, 2023 16:22:29 GMT -5
No, but you don’t EVER hear about a GOR timelength in the same way you hear a definite timeline for the other conferences. I don’t see anything listed in any of the recent deals. This topic has come up several times in the past 12 years, and I can’t seem to find that original discussion. All right, no problem. I'm a bit skeptical that the GOR actually binds them forever, but maybe. I totally get the skepticism, but the B1G GOR is a big like Fight Club. The length of the media deal and $$$ are well known, but there’s suspiciously NOTHING that can be found about the GOR term online.
|
|
|
Post by savannahbadger on Aug 21, 2023 16:24:40 GMT -5
You sure it's not the life of the media deal? I’d swear on my life that 12+ years ago I read that joining the B1G meant joining for life. This was specifically in the context of the idea that Michigan and Ohio State might someday bolt of the SEC.
|
|
|
Post by c4ndlelight on Aug 21, 2023 16:29:08 GMT -5
You sure it's not the life of the media deal? I’d swear on my life that 12+ years ago I read that joining the B1G meant joining for life. This was specifically in the context of the idea that Michigan and Ohio State might someday bolt of the SEC. I suspect they wouldn't enter into such a contract because a perpetual contract would struggle to be upheld.
|
|