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Florida State sued the Atlantic Coast Conference on Friday, challenging an agreement that binds the school to the league for the next 12 years with more than half a billion dollars in fees for leaving and taking the first step in a lengthy and uncertain process toward a potential exit.
The suit claims the ACC has mismanaged its members’ media rights and is imposing “draconian” exit fees.
By BOB FERRANTE and RALPH D. RUSSO TALLAHASSEE, Fla. — Florida State sued the Atlantic Coast Conference on Dec. 22, challenging an agreement that binds the school to the league for the next 12 years with more than half a billion dollars in fees for leaving and taking the first step in a lengthy and uncertain process toward a potential exit. “Today we’ve reached a crossroad in our relationship with the ACC,” Florida State Board of Trustees chairman Peter Collins said during a trustees meeting to approve the legal action. After months of threats and warnings from Florida State, the laws...
Florida State sued the Atlantic Coast Conference on Friday, challenging an agreement that binds the school to the league for the next 12 years with more than half a billion
It’s been a chaotic 24 hours in college basketball and the NCAA provided a new twist on Thursday afternoon.