How come the ACC members don't cooperate and renegotiate their contract with ESPN? I'm sure this has been asked and answered elsewhere, but it seems like a no-brainer.
How come the ACC members don't cooperate and renegotiate their contract with ESPN? I'm sure this has been asked and answered elsewhere, but it seems like a no-brainer.
Yes, but all parties, including Disney (ESPN), might benefit from a new contract. Disney is reeling just now and it would stand to reason they would want the ACC to survive, beyond the present contract, to keep that asset locked in. Or they might want to unload that asset. Dunno', but does not seem like a happy arrangement and a mutually happier contract might be better for all parties.
With that being said, as you point out, the value of the existing contract is likely to only increase for the next decade given inflation. Kind of like pension payouts without COLAs.
Here's a dumb question:
How come the ACC members don't cooperate and renegotiate their contract with ESPN? I'm sure this has been asked and answered elsewhere, but it seems like a no-brainer.
Why would ESPN want to pay more money for ACC rights if they have an ironclad contract through 2036?
Yes, but all parties, including Disney (ESPN), might benefit from a new contract. Disney is reeling just now and it would stand to reason they would want the ACC to survive, beyond the present contract, to keep that asset locked in. Or they might want to unload that asset. Dunno', but does not seem like a happy arrangement and a mutually happier contract might be better for all parties.
With that being said, as you point out, the value of the existing contract is likely to only increase for the next decade given inflation. Kind of like pension payouts without COLAs.