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The Florida State sued the Atlantic Coast Conference on Friday, challenging a contract that binds the school to the league for the next 12 years and creating a potential path to leave without paying more than $500 million in penalties.
The suit claims the ACC has mismanaged its members’ media rights and is imposing “draconian” exit fees.
Florida State University on Friday filed a lawsuit against the Atlantic Coast Conference, alleging the conference has “persistently undermined its members’ revenue opportunities” and damaged FSU.
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...
The Florida State University Board of Trustees today filed suit against the Atlantic Coast Conference