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What happens to the ACC is out of their control as it depends on what the P2 and ESPN want to do. The Big 12 really doesn't have schools the P2 wants, but the ACC does. That is why the ACC is unstable.
We will find out soon what the medium term future of the ACC is when ESPN makes the decision about extending the ACC media contract. If the rumors of ESPN and the ACC are negotiating to only extend the media contract to 2030 (which means the GORs would expire in 2030) in a compromise with Clemson and FSU to drop their lawsuits, it could be very risky for the ACC. ESPN has financial issues and they have committed to many expensive contracts, especially the NBA, NFL, and SEC. Do they really want to commit to the ACC until 2036?
Look at the ABC/ESPN time slots for this coming weekend and it doesn't show a big commitment to the ACC:
Thursday ESPN: AAC
Friday ESPN: ACC
Saturday
Noon: ABC: SEC, ESPN: B12, ESPN2: AAC, ESPNU: AAC
3:30/4 PM: ABC: SEC, ESPN: SEC, ESPN2: ACC, ESPNU: SBC
7/7:30 PM: ABC: SEC, ESPN: ACC, ESPN2: B12, ESPNU: AAC
10 PM: ESPN: B12
So, on Saturday here is what ABC/ESPN decided to broadcast:
SEC: ABC: 3, ESPN: 2
Big 12: ESPN: 2, ESPN2: 1. (Also have 1 game on FOX and 2 on FS1)
ACC: ESPN: 1, ESPN2: 1
AAC: ESPN2: 1, ESPNU: 2
SBC: ESPNU: 1
That doesn't look promising for the ACC.
ESPN, years back, made the SEC their premier property....the squeeze for good air time slots has been predicted for some time for the non P2 programs.
Also, the lack of good TV slots will affect viewing numbers and thus valuations (coincidentally making it cheaper to pick up a non P2 team)...it becomes a even more of a rigged game...the P2 get the slots and the Media owners pad their return on their major investments...