Here is that part from the transcript:
Q. Bob, did you address a timeline for when you want to get this done, or Dr. Boren? I didn't hear it. And what level of concern is there for your television partners, that you've gone to them now for $30 million a year for a championship game. They're paying for an ACC network at some point in the future. What money is going to be left without antagonizing those partners to expand?
BOB BOWLSBY: Well, you know we have provisions in our existing contracts that were negotiated along with the 12-year agreements that we made. And those stipulations were put in the contracts in anticipation of the possibility of fluctuations. And not only do they address very specifically the additions of institutions, but they also address the deletion of institutions. So the contract was anticipatory of the change that is present in college athletics, and I have to give a lot of credit to Kevin Sweeney, our counsel, for having the foresight to negotiate these things and have them in their contracts. So we expect to exercise the full prerogatives of what we negotiated.
DAVID BOREN: The provisions, of course, as you know do protect us so that current member shares will not be diluted if we were to add two or four more teams. There's a contractual obligation to pay that additional amount pro rata that we're already receiving if there is an expansion, a hypothetical expansion of the conference. It's already covered in our contracts, does not require additional negotiation of the contracts.
Q. I want to follow up. I understand all that. The question is, I guess, what level of concern is there that you might antagonize those television partners because in eight years this league's going to have to renegotiate a new contract and you're going to the well for a second time, it sounds like, in a few months with them.
BOB BOWLSBY: In both the case of the championship game and in the case of the pro rata adjustments, you know, we're in complete compliance with the contract. And it's a mutually binding contract that we put in place four and a half years ago. So I don't think we have to make apologies for activating around stipulations that we both agreed to.