tl; dr is a tech nerd term for too long; didn't read. the purpose of these posts is to provide a quick summary and analysis of something interesting in the sports world. Yesterday, ACC presidents approved a grant of rights deal that will essentially halt any plans the Big Ten has for current expansion. Grant of rights means that any television revenue generated by a school who then decides to leave the conference will guarantee that revenue will stay with the conference. In layman’s terms, if Duke leaves the ACC for the Big Ten its television revenues from all sports will be spread among the remaining members of the ACC and or Duke for the duration of the GOR agreement.
The Southeastern remains the only conference that doesn’t have a grant of rights deal, but honestly who is leaving the SEC at this point?
It is widely believe the Big Ten has been interested in adding UNC or Georgia Tech to its membership, and many think Florida State has been hoping either the Big Ten or SEC would approach them about membership. With this agreement, neither will happen until at least 2025.
This is good for the fans of college sports who are sick and tired of the constant change in conference membership. Hopefully the carousel will stop now that all the big conferences other than the SEC have a form of grant of rights agreement.
The school this has the greatest impact on is Florida State, which is widely believed to be the ACC’s most valuable property. Many suggest the Seminoles were looking to leave for either the Big Ten or Big XII, but at this point that seems impossible.
I asked Stephen (@CleveNole) and this, and he said Florida State has been working on getting its Association of American Universities (AAU) certification hoping that would bolster its academic appearance to the Big Ten.
I’m guessing that even with the AAU certification FSU’s academics and Big Ten’s academic standards were too far apart. As far as the Big XII goes, I wonder if its membership is happy to be at 10? They have no incentive to bring in one or two more schools and make their revenue pie smaller. Who’s to say their media partners would give them more money for the likes of Florida State and an unknown 12th school?
Each Big 12 school receives about $15 million per year, while Big Ten schools receive nearly $21 million. Both are expected to renegotiate their television contracts soon.