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December 20, 2023 4:48 pm
Florida State University is still upset and they're still pointing fingers...
Grant of Rights - locked in
Exit fee - $120 million
During a board of trustees meeting in August, Florida State president Richard McCullough made it clear the school would "very seriously" consider leaving the league if things did not change.
Any ACC school that wants to leave the conference would have to challenge the grant of rights to be able to get out before joining another league. The grant of rights, which runs through 2036, gives the ACC control over media rights for its member schools -- including the broadcast of games in all sports.
In addition, any school that wants to leave the ACC would have to pay an exit fee of three times the league's operating budget, or roughly $120 million.
