ACC, Clemson, FSU approve settlement to legal fight

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ACC, Clemson, FSU approve settlement to legal fight

Post by PonyPride »

From the Associated Press:

ACC, Clemson, Florida State approve settlement to end legal fight, change revenue-distribution model

By AARON BEARD

The Atlantic Coast Conference, Clemson and Florida State are ready to move forward together after legal fights that threatened the stability of the league.

Each approved a settlement Tuesday to end the crossfire of lawsuits between the member schools and the ACC, signing off on a deal that changes the revenue-distribution model in a way that would theoretically benefit both schools with marquee football brands. The deal also revises and clarifies the long-term costs for a school to leave the conference.

It doesnΓÇÖt offer permanent security. Notably, the 2030-31 season now looms as a significant marker. But it does stabilize the coming years for a league that had heard doomsayers questioning its survival amid a growing revenue gap behind the Southeastern Conference and the Big Ten.

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Re: ACC, Clemson, FSU approve settlement to legal fight

Post by PonyPower »

Maybe some of the lawyers on here can break down the lawyer-isms in this, but doesn't this grant more power to FSU and Clemson ... in which case, how long until they try again to get out?
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Re: ACC, Clemson, FSU approve settlement to legal fight

Post by orguy »

I too would love to see some JD feedback. Ignorant lay person when it comes to all that.
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