- Joined
- Aug 13, 2013
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Maryland never voted for the Exit Fee increase and put forth that the ACC did not follow their own internal procedures as outlined in the Bylaws. A fairly strong position to take going into a contract breach fight....and they still paid a record fee.
All current ACC programs voluntarily signed an individual contract and part of that contract is a statement that they are signing the GOR to add value to the conference. ESPN, the media partner, advises on the value of current members and potential members to a media contract. If the value of the conference is determined to be less after a breach..loss of market, loss of desirable match ups, etc., there will be dozens of lawyers dancing on the heads of pins.
No one has tested the valuation of damages under a GOR. If that ever happens, it will inspire 1000's of internet hits, 100's of rumors. Until that time...we just do not know how it will fall out.
All current ACC programs voluntarily signed an individual contract and part of that contract is a statement that they are signing the GOR to add value to the conference. ESPN, the media partner, advises on the value of current members and potential members to a media contract. If the value of the conference is determined to be less after a breach..loss of market, loss of desirable match ups, etc., there will be dozens of lawyers dancing on the heads of pins.
No one has tested the valuation of damages under a GOR. If that ever happens, it will inspire 1000's of internet hits, 100's of rumors. Until that time...we just do not know how it will fall out.
