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Divorce Settlement between the ACC & Florida State · The Jake Wimberly Podcast

• 0:00
  Chris Landry Segment two on a Tuesday. Make sure to grab him at Landry
• 0:03
  Football on x Landry football dot com. Chris four, I have a couple
• 0:06
  NFL questions. Of course, we'll get more in the NFL with a combine
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  coming up and other things whether you here in the coming weeks. But it
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  looks like Florida State and the ACC, at least on excerts I've read maybe
• 0:18
  coming to some sort of a divorce settlement, a buyout. Shall we say,
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  if this does happen, do you foresee a potential exodus now of the
• 0:27
  ACC that could be coming in the next year. The talk that is heating
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  up is and this is really intriguing when you think about this, it's the
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  term being used private equity funding. Yeah, what a school like Florida State
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  basically go to a private equity group and get you know, five hundred million
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  dollars and that private equity company would would have ownership like own I don't know,
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  thirty three I'm just making this up, folks. The numbers thirty three
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  percent of the revenue for the next I don't know, seven years, eight
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  years in which case the day, but for that they would get five hundred
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  million dollars up front, which they could pay off to get out of the
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  ACC and then they would have to you know, for the forever term that
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  is agreed upon. They would have to give up a percentage, but there
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  would get a lot more money, you know, and then they could pay
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  that off over time, and then once that time period is over, then
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  they're FLEI get free and clear. That is an option. But before anybody
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  can take that path is they have to have a home. Do we know
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  for certain they can wants them? I don't get the feeling that the SEC
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  does. I just no one. I don't get a cent from any of
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  my friends in the SEC that I mean I will get, you know,
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  a different conversation. Ears will perk up when the thought of Clemson comes up.
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  It just doesn't. For whatever reason, they just don't have that warm,
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  fuzzy feeling about Florida State. And it's nothing to do with this pass
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  off season and the vitreof It's just they just you know. Now, I
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  almost get the feeling like if the Big Ten wants to get in the SEC
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  or the Florida footprint, that maybe they would be interested. And if they
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  are interested, would the SEC then become interested in trumping them to keep them
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  out of Florida. That's the only thing. But it's it just doesn't and
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  I think that's the most important thing, because I think the other part is
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  potentially doable. I do think. And by the way, that is why
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  the ACC made the move to bring in Stanford tllen SMU. There is a
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  clause in their agreement that they have to have a certain amount of teams in
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  the conference or else the grant of rights is null and void, meaning if
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  Florida State Clemson with and then it falls below that number, then there are
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  no grant of rights. So they just people say, well, why would
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  they bring in Stanford tllen sem That doesn't make sense. It doesn't other than
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  it gives them numbers and security to keep the number up to the threshold where
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  the grant of rights are still invold to protect the financial solvency of the ACC.
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  So I think it's one we're going to have to watch. I'm not
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  going to tell you that I have any idea where it's going to go,
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  but those are the questions that need to get answered. Who wants them because
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  it's not a slam dunk. It wasn't like when Texas and Oklahoma. Oh
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  yeah, the SEC were interested. I don't know that this has been mentioned,
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  but I found out after the fact that USC and UCLA had a conversation
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  with the SEC when they thought there was Big ten infests, and the SEC
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  just was not interested in budging with that. So this was not like a
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  shock to the SEC. They don't to this point, the SEC doesn't want
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  to get out of their footprint. They've expanded the footprint, but the footprints
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  just gotten larger, whereas the Big ten it's had to take a different approach.
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  They're going to go. They're already from you know, Pascataway, New
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  Jersey, to Los Angeles, California, and that's just how they have to
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  do their business because in order to get the quality, they just got to
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  go pick and choose. Where's the SEC feels like, look we go,
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  we're still in continuum states, which they are. So I don't know what
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  that means for Florida State where they're going to end up. I know they
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  want to leave. I just I mean, I mean, would you leave
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  the ACC to go to the Big twelve? If you with them, you're
• 5:03
  not getting any more money than you're gonna get from the ACC deal other than
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  the Big twelve contract. TV contract comes up sooner than the ACC. But
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  I gotta believe that that Florida State's not making this move unless they know they
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  get they get in the handshake agreement that they're welcome into the SEC or the
• 5:25
  Big ten. It's got to be that first, or else they can't make the move