Florida State University Takes First Official Step Towards Leaving the ACC What You Need to Know
Published: 22 December 2023 at 17:52
Sports
Florida State University has voted to sue the ACC over the grant of rights, alleging restraint of trade, breach of contract, and failure to perform. The school has been dissatisfied with the conference for years and has been working on a legal argument since the summer. If Florida State leaves the ACC without a legal victory or settlement, it could cost the university $572 million. The grant of rights is a legal document that transfers ownership of media rights from the school to the conference.
SOURCES
Florida State has sued the ACC, setting the stage for a fight to leave over revenue concerns
Ralph D. Russo
BREAKING: Florida State looks to sue the ACC over $572million exit fee
Jake Fenner
'Left no choice': FSU suing ACC over exit fee
ESPN
Florida State vs. ACC grant of rights lawsuit: What you need to know
ESPN
Florida State files suit against ACC over exit fee and grant of rights
Fox News
Column: Florida State always seemed out of place in the ACC. Now the Seminoles want out
Paul Newberry
FSU sues athletic conference over ‘deteriorating’ media deal
Politico