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<blockquote data-quote="Mountaineer Steve" data-source="post: 129494646" data-attributes="member: 1495432">The GOR is not an exit fee and won't be settled for less money* The agreement is a signed addendum by member schools dated July 1, 2012 to the television agreement made with the Big 12, ESPN and FOX. The agreement lasts through June 30, 2025* All members&nbsp; signed and be added to the addendum as a condition of membership* The Grant of Rights does not transfer ownership of rights, but rather grants rights to the league to fulfill the television contract for the duration of the agreement. * The league is granted rights to all games present and future that are currently given to television partners, which constitutes home football and basketball games.&nbsp; The only way for the GOR to be broken is if the league agrees to release a program, which can't and won't happen.&nbsp; * There is no exit fee or buyout specifically stated, so it can't be deemed punitive,&nbsp; in therefore can't be reduced like the Maryland exit fee* The biggest issue of a GOR is the loss of revenue due to an exit diminishes with each passing year.&nbsp;&nbsp; The only way to keep the teeth is to resign a new GOR while there is still 4-5 years left in the contract.&nbsp; This would probably happen if and when the conference expands</blockquote>

[QUOTE="Mountaineer Steve, post: 129494646, member: 1495432"] The GOR is not an exit fee and won't be settled for less money * The agreement is a signed addendum by member schools dated July 1, 2012 to the television agreement made with the Big 12, ESPN and FOX. The agreement lasts through June 30, 2025 * All members signed and be added to the addendum as a condition of membership * The Grant of Rights does not transfer ownership of rights, but rather grants rights to the league to fulfill the television contract for the duration of the agreement. * The league is granted rights to all games present and future that are currently given to television partners, which constitutes home football and basketball games. The only way for the GOR to be broken is if the league agrees to release a program, which can't and won't happen. * There is no exit fee or buyout specifically stated, so it can't be deemed punitive, in therefore can't be reduced like the Maryland exit fee * The biggest issue of a GOR is the loss of revenue due to an exit diminishes with each passing year. The only way to keep the teeth is to resign a new GOR while there is still 4-5 years left in the contract. This would probably happen if and when the conference expands [/QUOTE]

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