ACC considering adding Cal, Stanford & SMU or just Cal & Stanford, sources told @ActionNetworkHQ. 1st report by @RossDellenger. SMU has a $10 million exit fee to leave AAC w/less than 27 months notice so that number could double. In May, ACC source told @ActionNetworkHQ league had no interest in expanding. “We already have too many mouths to feed,” source said then. Today? “Obviously a lot has happened in the past few months”
Does ACC expanding not invalidate their GOR? I thought that was a thing but maybe not.
I thought that might be the case as well but I’ve seen some people saying maybe not. Also don’t think the ACC would be looking to add if it opened current members up to leave.
They might be negotiating something with FSU/Clemson where they add new members and break the GOR if they agree to stay on for the next one, possibly with a higher percentage of payout. I’m just guessing though.
I think consensus has swung over to the new adds needing to agree to the GoR themselves to even join. Tough with only a few leaked documents to go on, but the fact that FSU is negotiating in public and floating stupid shit like Private Equity investments instead of just leaving tells me that they’re still scared of the amount they’d have to settle.