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You mean the same university leaders, regents and government leaders who claim they signed a contract binding them for 30 years but never read or understood the terms? If the that is true, why in heaven’s name would you think they might not over play their hand now?
Because many of the "original" leaders are no longer in place? Because things change over time, including the urgency to close the revenue gap, etc.?
I don’t believe that for a second. Anyone who signed a long term contract without reviewing the underlying agreements is utterly incompetent. And no lawyer, especially a government lawyer, would allow his client to do such a thing. Government lawyers are belt and suspenders plus an extra belt type of guys.
www.tallahassee.com
'We are woefully underpaid' ... Trustees Chair Peter Collins discusses FSU's battle with ACC
“At the end of the day, we are worth more than we are getting paid — a lot more than we are getting paid,” Collins said. “And I would challenge anybody to tell me that we’re not. To tell me that we’re worth the same amount as some of the other schools in the conference, from a media standpoint.”
To some degree, that is the essence of Florida State’s issue with the conference.
Because many schools in the ACC do not produce strong TV ratings no matter how well their teams perform on the field, the conference’s television revenue soon will be dwarfed by the hauls of the SEC and Big Ten. The annual disparity is estimated to be at least $30 million to $40 million per school.
With that in mind, Collins said, Florida State officials repeatedly asked the ACC’s leadership to consider unequal revenue sharing, which might reward and appease the likes of FSU, Clemson and other top brands, while reducing the annual payouts to schools that don’t generate as much interest.
But other than offering some increased financial rewards for schools that perform the best on the field, called the success initiative, that concept went nowhere with the conference. Which led to Florida State filing its lawsuit, and Clemson filing its own earlier this year.
“I think our ultimate goal is to get paid for what we’re worth,” Collins said, when asked about the end goal of Florida State’s lawsuit. “And I’ll leave it at that.”
'We are woefully underpaid' ... Trustees Chair Peter Collins discusses FSU's battle with ACC
Peter Collins, Chairman of Florida State's Board of Trustees, spoke about the Seminoles' legal battle with the ACC on Mondaywww.on3.com
Might as well add Wake Forest, BC etc to the list along with Northwestern, Indiana…and on.
Lol, no FSU's beef with the ACC is that having gotten the benefits of the ACC TV deal when the money was good and the links of contract considered an asset, they now want to get out of the deal because others have done better. That's not how contracts work. It's not let's make this agreement and I'll only stick around for the portions that favor me and not for the portions that do not.'We are woefully underpaid' ... Trustees Chair Peter Collins discusses FSU's battle with ACC
“At the end of the day, we are worth more than we are getting paid — a lot more than we are getting paid,” Collins said. “And I would challenge anybody to tell me that we’re not. To tell me that we’re worth the same amount as some of the other schools in the conference, from a media standpoint.”
To some degree, that is the essence of Florida State’s issue with the conference.
Because many schools in the ACC do not produce strong TV ratings no matter how well their teams perform on the field, the conference’s television revenue soon will be dwarfed by the hauls of the SEC and Big Ten. The annual disparity is estimated to be at least $30 million to $40 million per school.
With that in mind, Collins said, Florida State officials repeatedly asked the ACC’s leadership to consider unequal revenue sharing, which might reward and appease the likes of FSU, Clemson and other top brands, while reducing the annual payouts to schools that don’t generate as much interest.
But other than offering some increased financial rewards for schools that perform the best on the field, called the success initiative, that concept went nowhere with the conference. Which led to Florida State filing its lawsuit, and Clemson filing its own earlier this year.
“I think our ultimate goal is to get paid for what we’re worth,” Collins said, when asked about the end goal of Florida State’s lawsuit. “And I’ll leave it at that.”
'We are woefully underpaid' ... Trustees Chair Peter Collins discusses FSU's battle with ACC
Peter Collins, Chairman of Florida State's Board of Trustees, spoke about the Seminoles' legal battle with the ACC on Monday
Even up to this point the terms haven't favored FSU. They've still carried lesser programs on their coattails. So much has changed in terms of revenue and costs and no one could have predicted programs like Rutgers would would make multiple times programs like FSU. From a market value perspective, FSU is stuck in a horrible deal. I think they'll get out of it somehow.
