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The ACC gives more money to schools that
perform well in basketball and football, while Florida State
would prefer the benchmark being teams' marketability and
television ratings.
University president Richard McCullough told the school's
trustees on Wednesday, "We are seeing large media deals that
have been made like the Big Ten and the SEC, which in many ways
-- and perhaps it's an exaggeration -- have created an
existential crisis in many ways for Florida State University.
"We will be $30 million per school, per year behind in our gap
in conference distribution with contracts that are said to go
through 2036. This current situation presents a very difficult
situation for us. ...
"Without increasing revenue, we will face major challenges in
being able to compete in football, as the landscape is changing
dramatically, with our ability to compete in NIL, coaching
salaries and attractive facilities to continue to build our
brand and be competitive."
McCullough added, "Our goal would be to continue to stay in the
ACC, but staying in the ACC under the current situation is hard
for us to figure out how we remain competitive unless there were
a major change in the revenue distribution within the
conference. That has not happened. Those discussions are ongoing
at all times."
Florida State trustee Drew Weatherford told Action Network,
"It's not a matter of if we leave (the ACC), but how and when we
leave."
Trustee Justin Roth asked the university to develop a plan to
leave the ACC in the next 12 months, The Athletic and Action
Network reported.
Colorado was the most recent major university to change
conferences, announcing a move from the Pac-12 to the Big 12.
Other pending moves will see Texas and Oklahoma join the
Southeastern Conference, while Southern California and UCLA are
set to join the Big Ten.
--Field Level Media
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