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According to this channel, the grant of rights only applies to home games and as long as FSU pays the exit fee, they can bolt to the B1G or the SEC where they would be worth 3x more than what they are making in the ACC. If this is correct, we could see another shift before the 15th which could have implications for Cal.

https://www.youtube.com/watch?v=laxuT836uCY

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They don’t have 120 million kit happening

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It is highly unlikely. Florida State Board of Trustees threat to leave the ACC is probably just a front to put pressure on the league. I imagine that if or when they do bail, they will handle it like LA schools did.

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Yes, though the exit fee is pretty huge and will be hard to raise.

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