Florida State has scheduled an emergency meeting with its board of trustees for Friday morning as it reportedly mulls its ACC exit options, according to Nicole Auerbach of The Athletic.
This is not the first time that Florida State has voiced its displeasure with the ACC, as the school has previously expressed concerns about the growing revenue gap between the conference and its counterparts, the Big 12, SEC and Big Ten. The ACC and ESPN signed a 20-year television rights deal in 2016. Since then, television money in college football has exploded, and the Big 12, SEC and Big Ten have all capitalized on the boom after their previous TV deals expired.
The ACC’s grant of rights, a legally binding document that controls the publicity rights of conference member schools, runs through the length of the TV deal, which expires in 2036. This means that as ACC schools will continue receiving minimal revenue from ESPN in comparison to its conference counterparts with ESPN and other networks.