ACC Likely to Return Fire in FSU Suit Over ‘Punitive’ Exit Fees
In a wide-ranging, 38-page complaint that Florida State University says was filed on Friday in Leon County (Fla.) Circuit Court, the FSU Board of Trustees accuses the ACC of surreptitiously changing...
View ArticleSporticast 308: FSU’s Christmas Present to ACC Is an Exit Lawsuit
On the latest Sporticast episode, hosts Scott Soshnick and Eben Novy-Williams discuss some of the biggest sports business stories of the week, including FSU’s decision to sue the ACC over its exit...
View ArticleNCAA Penalizes Florida State for NIL-Related Violations
The NCAA announced Thursday that a Florida State assistant football coach violated its recruiting rules in April 2022 by transporting a transfer prospect and his family to a meeting with a school...
View ArticleFSU’s ‘Project Osceola’ Private Equity Push Began in 2022: Docs
Florida State University administrators spent much of the first half of 2023 speaking with at least two private equity firms, Sixth Street and Arctos Partners, about the possibility of providing money...
View ArticleWisconsin’s Altius Deal Shows How Colleges Hide What Public Seeks
It’s been almost two decades since I graduated from the University of Wisconsin, and the school continues to teach me valuable lessons. Such as: Don’t trust everything you read in press...
View ArticleACC Paid $7.2 Million to Lawyers, Including Ex-Big Ten Counsel
The Atlantic Coast Conference disclosed spending $7.23 million on attorneys in the fiscal year 2023, the most of any of the Power 5 schools during that period. That time frame predated the league’s...
View ArticleFSU Athletic Association Lags in Cash and Clout
There’s a lot going on in Florida State athletics these days—including a legal battle with the Atlantic Coast Conference over exit fees, a $327 million bond offering and talks with private equity—but...
View ArticleFSU Expands Legends Deal as Sixth Street Talks Continue
Florida State University has spent the last year in talks with private equity giant Sixth Street about a possible cash infusion. On Wednesday, the university announced a new 10-year expansion of its...
View ArticleFlorida AG Lands Look at ACC Media Rights Contracts
The ACC will soon disclose to Florida Attorney General Ashley Moody what she calls the conference’s “secretive media rights contracts,” including with ESPN. In April, Moody sued the ACC for allegedly...
View ArticleFlorida State, Sixth Street Ended Investment Talks About a Year Ago
Florida State University and private equity giant Sixth Street mutually agreed to end talks about a possible investment into the athletic department about a year ago, according to multiple people...
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