ACC Presidents Considering Raising Buyout Cost To Leave Conference

"League presidents are scheduled to discuss the topic early next week at their annual September meetings, but it is not the first time the topic has been discussed by the group, nor has the meeting been scheduled specifically to address expansion. The current buyout for an ACC team to leave the conference, according to both sources, is between $10 million to $13 million."

9 months ago Kelvin Hunt 35 comments 0 recs |

Story-email Email Printer Print

Read More: acc, college football, florida state

Comments

wonder if this is Swofford's brilliant, insightful plan to preserve the ACC?

by PeachTreeNole on Sep 9, 2011 11:09 PM EDT reply actions

Perfect ACC logic

Don’t make them want to stay – try to make it so they can’t leave!

by Invictus13 on Sep 9, 2011 11:17 PM EDT up reply actions

Hotel ACC???

"I wish you loved me as much as you love TomahawkNation!"
""--;;--ⒻⓁⓄⓇⒾⒹⒶ-ⓈⓉⒶⓉⒺ--;;-->

by freshcollegeboy on Sep 9, 2011 11:29 PM EDT up reply actions 2 recs

rec'd for weird 70's satanic era drug-induced song reference.:)

by PeachTreeNole on Sep 10, 2011 11:39 AM EDT up reply actions

plan? what plan?

Swofford ain’t got no plan. That was his public statement about conference realignment. His approach is purely reactive. His do-nothing, wait n’ see “plan” will push FSU (and possibly Clemson and VT) right into the arms of the SEC. He should be fired.

by Neamathla on Sep 11, 2011 8:18 PM EDT up reply actions

Agree.

Let’s make an offer to Larry Scott… some guys like building things up, and the ACC would be a heckuva challenge for him.

by Invictus13 on Sep 11, 2011 8:48 PM EDT up reply actions

Would love to know what Barron says in this meeting.

I can read a lot into Barron not supporting this increase.

FSU 69
CS 0

by Jamil Dawson on Sep 9, 2011 11:16 PM EDT reply actions

If we agree to an increase we are idiots.

Barron and Spetman should be shot. Seriously.

MiNDSET? SWAG-ER-ISM!!!
---------------------------------------------------------
Wherever you are, Trick, you are wise, indeed.
Correct, Sir Trick.
You truly are one of God's treasures, Trick
You’re right.

by tricknole on Sep 9, 2011 11:53 PM EDT up reply actions

Barron is a wonderful president for FSU

Please do not say he needs to be “shot” when his efforts are focused on academics and how to deal with the Rick Scott budget cuts. I want good professors and research opportunities way before good athletics.

by scotradamus on Sep 11, 2011 6:29 AM EDT up reply actions

Good atheltics lead to that

Athletic programs make the school money. Especially football. I think I read somewhere Texas makes like 4-5 million each home game. And Texas plays 8 home games a year.

Roll Bass and War Ryno for me

by Mateo9399 on Sep 11, 2011 7:35 AM EDT up reply actions

Unique situation

And the ACCis bent on us having the lowest pay tier of any BCS conference.

2011 BCS Bowl
2012 MNC
Eeeeeeexcellent

by SoCalNole on Sep 11, 2011 7:47 AM EDT via mobile up reply actions

Not really true.

Football makes very little money that gets added the schools endowment and academic budget.

http://www.amazon.com/Beer-Circus-Crippling-Undergraduate-Education/dp/0805068112/ref=sr_1_1?s=books&ie=UTF8&qid=1315789387&sr=1-1

And this is coming from someone who loves FSU football.

by scotradamus on Sep 11, 2011 9:03 PM EDT up reply actions

A couple SEC athletic departments gave money (several million) to academics recently. The FSU Booster’s are giving $1 million to FSU academics this year. I expect the trend to continue and grow. I expect SEC schools to improve their academics greatly in the coming decades thanks to excess money from athletics and increased exposure from athletics.

by TampaTwo on Sep 12, 2011 2:27 AM EDT up reply actions

Sports can help but its not because of the money

Texas gives 5 to 10 million to the general fund a year but this is pretty much nothing. Its anywhere from less than 1 percent to 1 and half percent of what UT does in research grants a year.

Where sports helps schools is when a team wins a basketball or football NC they get more applications and there for can be more selective and boost the quility of the incoming classes. But, this is small scale movement that takes a great president to capitalize on in more areas than just this. The classic example is Penn St that used joining the B1G and CIC as a springboard to make a huge push into research funding and finding grants and now is a research monster. FSU also has done this in the past piggybacking new found football fame to push for more and more research dollars.

by TheJim on Sep 13, 2011 2:41 PM EDT up reply actions

Scott! what a joke

You got that right. Scott is no friend of higher education. Look what he rejected in line item veto. Speaking of Barron’s academic focus, anyone heard anything about where we are in getting AAU membership?

by Neamathla on Sep 11, 2011 8:28 PM EDT up reply actions

If you say so.

I’m not sold on Barron. But if Barron agrees to increasing the buyout he’s an idiot. Period. That’s a decision that presidents make.

F the ACC
---------------------------------------------------------
MiNDSET? SWAG-ER-ISM!!!
---------------------------------------------------------
Wherever you are, Trick, you are wise, indeed.
Correct, Sir Trick.
You truly are one of God's treasures, Trick

by tricknole on Sep 11, 2011 11:26 PM EDT up reply actions

He might have no choice

Everyone at FSU has been chirping the party line: “We’re not in conversations with the SEC about anything”. If he votes against the increase, that will tip his hand and bring a lot more speculation about what’s really been going on. If he votes against the increase, we’d all be pretty certain where he leans in this. I look for him to try to postpone any discussion on this.

by Neamathla on Sep 11, 2011 8:23 PM EDT up reply actions

We need to do what's in our best interest and raising it is not.

Even if we don’t have intentions of leaving the ACC.

by tricknole on Sep 11, 2011 11:27 PM EDT up reply actions

Can you explain?

by fsuclipper on Sep 12, 2011 1:03 AM EDT up reply actions

I'm guessing b/c

We might want (or need) to leave at some point, even if not now.

by Invictus13 on Sep 12, 2011 8:44 AM EDT up reply actions

And even if we don't leave,

not having the buyout increases our leverage for negotiations with the ACC.

by arrdub on Sep 12, 2011 9:47 AM EDT up reply actions

Would you agree for your boss to decrease your severance package?

Even if they have no intention of firing you?

by tricknole on Sep 12, 2011 11:06 PM EDT up reply actions

It's not just MY severance package.

It’s everyone’s. Ostensibly to keep the TEAM together. I don’t really see a problem but I can understand your position.

by fsuclipper on Sep 13, 2011 10:43 AM EDT up reply actions

Do they really think any amount of money will keep someone from leaving for a better long-term opportunity?

FSU could recoup whatever crap fees they incur for leaving easily if they moved to the SEC

by samnite on Sep 10, 2011 12:28 AM EDT reply actions

It sounds like a shakedown on the way out. Read this

http://hamptonroads.com/2011/09/would-virginia-tech-leave-acc-it-depends

The man who reads nothing at all is better educated than the man who reads nothing but newspapers.....Thomas Jefferson

"My choice early in life was either to be a piano player in a whorehouse or a politician. And to tell the truth, there's hardly any difference." - President Harry S. Truman

by DocHoliday2 on Sep 10, 2011 12:42 AM EDT reply actions

Hmm.

So VT is not opposed to a move, eh? That could hurt FSU’s chances of an invite – although VT claims to be interested only if the current ACC line up changed (so maybe we’d have to go, too?).

by Invictus13 on Sep 10, 2011 1:34 PM EDT up reply actions

VT

isn’t going anywhere…they almost have to stay in the ACC because of politics

Follow Me On Twitter@KelvinHunt

by Kelvin Hunt on Sep 11, 2011 5:55 PM EDT up reply actions

Not sure about that

Articles from the time say that the UVA president, the (now former) governor, and a wealthy alumnus of both UVA and VT were involved. No mention of a wider political movement, except one phrase I found that vaguely said “Gov. Mark R. Warner and other state officials” (and that Warner was in contact with two other govs, incl the one from NC).

Considering that VT was suing the ACC with other Big East members while secretly trying to get an invitation to the ACC… well, that casts some doubt on their recent “we are committed to the ACC” language – ESPECIALLY since that the VT AD now says, “We’ve got to ascertain what’s best for us in the future. We would like to stay in the current ACC… [but] Our (pro-ACC) comments… are predicated upon our belief that the 12-member ACC is still intact… If anybody does (leave), we’ve got to talk.”

I believe they will do what they think is best for them.

by Invictus13 on Sep 11, 2011 8:46 PM EDT up reply actions

of course he'd say that

they ain’t going anywhere…I don’t think anyone from the ACC…said that the weekend all the A&M stuff started…and I’m still saying it.

by Tha Realness on Sep 11, 2011 10:52 PM EDT up reply actions

Why would you say "of course he'd say that"?

The thing to say is, “We are committed to the ACC.” The Big XII is a great example of what happens when a conf’s members seem wishy-washy. Why would the natural thing to say be, “Well, we might leave if things aren’t looking good”?

I’m not saying they’ll leave, but it’s too bold to say that they absolutely will not.

by Invictus13 on Sep 11, 2011 11:47 PM EDT up reply actions