ACC Files Amended Lawsuit Against FSU Over Grant of Rights Dispute
The ACC accuses FSU of breaching contract and confidentiality, seeks injunction and damages amid ongoing conflict.
- The ACC has filed an amended lawsuit against Florida State University (FSU), accusing the school of breaching its contract by attempting to withdraw from the ACC's grant of rights, which runs through 2036.
- FSU is accused of breaching confidentiality by disclosing details of the ACC’s contract with ESPN during a public Board of Trustees meeting.
- The ACC is seeking an injunction to bar FSU from participating in the conference’s affairs, alleging that FSU's actions violate its fiduciary obligations to the Conference.
- FSU's dissatisfaction with the ACC’s media rights deal with ESPN, which it says will soon cause a $30-million-a-year revenue gap with competitors in the Big Ten and SEC, is at the heart of the dispute.
- FSU's lawyers estimate that leaving the ACC now would cost the school $572 million in exit fees and forfeiture of media rights through 2036.