Locked On ACC - Daily College Football & Basketball Podcast - UNC Trustee Advocates Move AWAY From ACC | Will They SUE? | ACC Spring Meetings Agendas Revealed?

Starting point is 00:00:00 But you already knew the ACC is getting sued by Florida State and by Clemson. And now you will not believe what a UNC trustee had to say about the conference. You are Locked-on ACC, your daily podcast on the Atlantic Coast Conference. Part of the Locked-on Podcast Network, your team every day. Thank you to the everydayers for making Locked-on ACC your first listen and your first watch today. We're available free wherever you get your podcast. We're free on YouTube. We are part of the Locked on podcast network.

Starting point is 00:00:38 Your team every day. I am Alex Dono from Locked on Cains. He's Kenton Gibbs from Locked on Wolfpack. Kenton, these quotes, these are bombshells, quite frankly, coming out of Chapel Hill. So UNC, they had a board of trustees meeting on Monday, where they approved an audit of the school's athletic department amid concerns and anger over the Tar Heels revenue,

Starting point is 00:01:03 management, and changes to college sports. By the way, Brian Murphy at WRAL. This is his report. He did an awesome job with this. So they're not happy with the revenue and the functioning of their athletic department right now. And there are quotes, Kenton, coming out of this UNC Board of Trustees meeting. And one of their prominent trustees had some strong things to say about the Atlantic Coast Conference. Trustee Dave Boliak, who's a former chairman, said after the meeting, the quote,

Starting point is 00:01:34 there was an imbalance in the budget that required shifting dollars from other fund balances to cover the cost of athletics. That's never good when you have to take money from somewhere else. He said the board hasn't been given a strategy on how UNC will move forward. He said he is advocating UNC to join a higher revenue league. I am advocating for that, he said. That's what we need to do. We need to do everything we can to get there. or the alternative is the ACC is going to have to restructure or reconstruct itself.

Starting point is 00:02:06 I think all options are on the table. So UNC, they are not suing the ACC, at least not yet, but they do have a prominent member of their board of trustees openly attacking the conference now. Good for them. Good for them. What special little boys and girls they have over there in Chapel Hill, you know, I was so excited when we talked about in pre-production for this episode, because I was so giddy to get into the numbers of this thing and all that.

Starting point is 00:02:35 And first of all, let's start where this meeting even began. So there's an imbalance in your budget. There's apparently something going on that's not up to snuff. Which, by the way, Donald, have you ever said something's not up to snuff when you're making money? When you're making money hand over fist, if fandom put too much money in your account, but you're saying, hey, something ain't up to snuff here. My part is this. I had the Florida Panthers money line.

Starting point is 00:02:59 on Sunday night and now I do have too many funds in my account because I made out like a bandit on that one. Well, well, you'll see what I'm saying, no, Donald. I rarely ever hear business say, we made too much profit this quarter. Something's a little off. So it's interesting to me, very interesting, to see a public university that's clearly having some financial misgivings, if you will, at best, saying, we need to look into leaving the conference. With what? With what money? With what viewership? With what fan? And I know, I know that everybody from UNC is going to jump down my throat. They're going to say, oh, you, you state guys, you always want to be right. Fun fact, Donnell, did you know, I'll let you take a guess here. Who do you think was the most viewed team in the

Starting point is 00:03:51 triangle last year in terms of the ACC teams? There are three of them, NC State, Duke, and UNC. Take a while guess so who you think is the most view last year. Well, I'm going to go NC State. Does that include basketball? Just football, just football. Just football? I'll still go NC State. Well, you would be incorrect. It would be Duke. But do you know how much Duke beat NC State by? I'm sorry, you beat UNC by?

Starting point is 00:04:15 How much? 30%. UNC was a hair under a million viewers per game and 966,000 or something along those lines. Duke was at 1.3 million. Wow. I am sorry to tell you this because I know U.S.C. fans love their they love their degenerate ball gambler.

Starting point is 00:04:35 They love their, oh, the ceiling is the roof. They love their basketball team and all the badders that they hung up. Back when there was no shot clock and all that good stuff, good for you and the four corners office. Oh, what a joy. What a delight. Unfortunately, basketball is not driving realignment. No, it's not.

Starting point is 00:04:53 It's not. Sorry. All the Jordan sales in the world. couldn't help you out here buddy all the james worthy jersey sales in the world couldn't help you out here oh it's so unfortunate to watch such delusion play out in front of what more could you expect of unc's board of trustees you know it starts at the top and trickles on down to the fan base don't know so you said a lot there but my primary takeaway was did you just casually refer to michael jordan as the degenerate bald gambler did you just do that? Oh, I, I, I, um, if he's the first guy to come to mind when you think of a degenerate ball

Starting point is 00:05:34 gambler, I'm sorry, uh, that, you know, who said it? Not me. You, it was that. There are plenty of degenerate ball gamblers that I'm sure graduated. I just think that he's one of them, maybe. Who knows? Oh, man. So according to this report from WRAL, UNC had 139.3 million in total operas. revenues in 2023 and 139 in total operating expenses. The revenue included included 5 million in direct institutional support, nearly 8 million in student fees and more than 1.8 million in indirect institutional support. And that trustee, David Boliak, he says, it's not something you can chance with a snap of a finger. He said, it's something we've got to be cognizant of. We can't sit back and cross their fingers and pray for pennies from heaven and thinking everything is going

Starting point is 00:06:27 to work out. We have to actively pursue what's in the best interest of Carolina athletics, he said. The conference is not acting as if it is representing the best interests of the member schools, including the top tier of those schools, Clemson, Florida, State, North Carolina. This was actually a different trustee who said that. Instead, it is acting at the expense of those schools to prop up the bottom tier of the conference in a way that I think is a gross abdication of responsibility and I lay that at the feet of the commissioner. He said, I love how he like, he snuck in UNC as if they're on the same playing field as Florida State and Clemson. Like he just kind of snuck them into that top three there. Well, you know, when you talk about

Starting point is 00:07:12 the most handsome black men in America, you've got to go probably Dems and Idris, Idris Elbe me. You know, I think that I'd like to, you know, just put myself level with them, you know, Maybe Jonathan Majors before all of his stuff came up would have been third, but I feel like I jumped him, leaped him in that category. That's foolishness. One of these things is clearly not like the other, okay? But it's all right. Again, it's enjoyable because, you know, Donnell, without this level of delusion, you know,

Starting point is 00:07:43 they say that the delusions of grandeur are one of the first signs that somebody's going to see now. And without these delusions, without these senality of the group of folks here, I don't even know if that's a word, but let's try it and see if we can have bit one today. Without that, we would have nothing to talk about because, boy, what a special group of people. And here's the thing that I want to know most, Donald. Have you heard Florida State or Clemson talk about lacking funds for anything besides things that cost a third of a billion dollars? Right, yeah. Florida States, you know, borrowing a lot of money to redo their facilities, but I haven't heard complaining to that same regard.

Starting point is 00:08:21 I haven't heard a peep from Clemson about that. That's interesting. So the other two teams that have lawsuits are not having misgivings or misdeeds with their funds. And yet we have a third challenger entering the ring that, you know, it just doesn't quite look the same or hit the same. You know, it's like what they said about Hydra in the MCU movies where they said, if you cut off one head, two more take its place. And that's how these lawsuits are starting to feel. Except some of the heads are looking a little wonky.

Starting point is 00:08:56 Some of the heads are looking like, I don't think that one's venomous. Let's try it. That one looks like a garden snake head. And I think we'll be all right here. Not going to say which school, of course, but of the three that are currently talking about the lawsuits and seeking high revenue conferences,

Starting point is 00:09:13 you know, them saying that they want to seek a higher revenue conference is like me saying I'd like to date Serena Williams. I mean, yeah, I would, but I don't think I have the facilities for that. I just don't. That's a married woman. You know, I'm a God of Fair Man. I just don't think that that will work out for many reasons.

Starting point is 00:09:28 So more power to them. I hope that this age is like an open avocado. But I don't think it will. I don't think it will. I think that this will age like the finest subon blanc there is. Well, still, I mean, delusional or not from any of these three parties, it's a problem for the ACC. It is a problem when you've got two schools currently suing you.

Starting point is 00:09:52 and a third. And there could be others that are just not as outspoken as this particular board of trustee member when you've got at least three teams that are openly this unhappy. It's a problem for the ACC. And the ACC this week happening right now, they're having their annual spring meetings in Amelia Island off Jacksonville, Florida. And everybody, including representatives from Florida State and Clemson and UNC, have to all share a conference room together and just pretend that none of this bad stuff is going on talk about awkward. We will talk about what's happening in these meetings and what the agenda is looking like when we come back. My friends, you want to keep it locked right here. We're only

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Starting point is 00:11:57 Find Locked on Sports Today now available on the free Fire TV channels app. We are locked on ACC, Alex Dono alongside Kenton Gibbs. So Kenton, this is funny looking back on the ACC spring meetings last year in Amelia Island. I think a primary source of conversation was described as an airing of grievances session last year. But coming out of it, Jim Phillips really thought, that's the ACC commissioner, he really thought they had accomplished some sort of harmony, right? They talked about the new revenue sharing model within the ACC where instead of just being a straight up even split, there would be some incentives based on college football playoff performance,

Starting point is 00:12:40 which would allow, you know, better, more competitive teams within the ACC team. to get a little bit of a bigger piece of the pie. And then the quote from Phillips coming out of that. And kudos to Andrea Adelson of ESPN for writing a great rundown of that. Jim Phillips believed, quote, we're all in this together. Famous last words, right? We're all in this together. You fast forward several months after those meetings.

Starting point is 00:13:05 Last year, you get sued by Florida State. You actually sue them first in like a weird preemptive countersuit. Then Florida State sues. Clemson sues you, you counter sue them, the district attorney or the state attorney of Florida, the attorney general, I should say, of Florida, I got there eventually, is suing the ACC because they want to make the ESPN TV deal public. So there are actually five lawsuits involving the ACC in progress right now. So it's safe to say, Kenton, coming out of last year, we're not all in this together. And I wonder if there's going to be more self-awareness to that with the meetings that are happening.

Starting point is 00:13:45 now. In the words of Michael McDonald, what a fool believes he sees, right? This is, this is, you know, even though we allegedly have been working for Jimmy Phillips since the iteration of this show to feature me and Candace Cooper, we said back then, they are not in this together. You are very much in danger, my friend. And lo and behold, the danger is now here. I imagine this being more awkward than one of those reality TV shows reunion, you know, not like the dating ones, the ones where it's like real housewives or something, where it's like everybody just threw drinks at each other and flipped tables the entire season. And then they got to sit up there and their finest gowns and answer questions about it.

Starting point is 00:14:27 I imagine it's going to be similar to that because, Donno, I want to flip this question on you. What would you say if you were the commissioner in a room with, you know, even if we're not even talking about the ACC, your fantasy football league in three years? of the guys have lawsuits against you. You know, like, what do you even say at that point? Honestly, I would probably say nothing because anything I say could be used against me as far as parts of that law. I would probably just like, I would probably just shoot like a blank stare at the Florida

Starting point is 00:14:57 State athletic director and the Clemson AD just be like maybe like an eye roll. Like I probably wouldn't say anything. Yeah. And this is this is why these these meetings are so interesting. I wish I could be a flaw in the wall. I might just go out there and say, hey, y'all, I'm here to handle trash, none of you know me,

Starting point is 00:15:15 and just kind of sit around the box. Because this here, I'm so interested to see what are they even going to discuss. And let's just be honest, who's even going to show up? Is everybody going to be there? Because if you are a team that is seeking to get out, if you don't want to be a part of the long-term plans,

Starting point is 00:15:31 and let's go even further in the way of anything you say could be used against you in the court of law, you're so right. Because even if it's not something, that you're directing towards Florida State or Clemson or UNC now who is joining the fray. You could be looking at something incriminating. If you're saying, hey, we're doing the best we can to get everybody the most money that we can, but we will make sure that if you do seek out another lead, you know,

Starting point is 00:15:55 we're going to use the full extent of the law to hunch it down or whatever the case may be. That could be seen as intimidation or whatever the case may be. And now you're dealing with the legal repercussions that. So what do you say other than we're trying our best to catch up with the big and the SEC, we are doing everything humanly possible to do that. What do you say? You know, even if the idea that I've pitched for the longest, which I think that both of these conferences are idiots for not doing,

Starting point is 00:16:23 in terms of the Big 12 ACC merger that I think should happen, even if that does not happen, where do you go? What happens next is kind of my question there in terms of, you know, there's so many possibilities of what you could say, but how much of what you could say would not get you in some type of trouble is the real question. Well, especially since, you know, Florida State and Clemson, like, have both publicly declared they're not going to be members of the conference moving forward. Like, they're both using the legal language of when we leave, you know, when we're not part of this. So it's like, how much mutual business can you discuss if you've already got two schools that are just operating basically under the assumption?

Starting point is 00:17:07 that we're not going to be here for much longer, right? Whether that's a matter of months or a matter of a couple of years, like they're not going to be part of the future. I think there's maybe there's one area, Kenton, where they have to find common ground because no matter what conference you're in, if you're part of the quote unquote power for, everyone's going to have to deal with this. So we're expecting within a couple of months to potentially have the settlement in the antitrust lawsuit house versus the NCAA. And a part of that reported settlement is going to be revenue sharing, right? money that's going to be split evenly, you know, throughout the, the power for conference members that they're going to have to be as a part of this reported settlement paying out to student athletes. So I think that's an area that that is on the agenda, we believe, in the ACC spring meeting.

Starting point is 00:17:54 So I think that may be one area where Florida State and Clemsor and have to participate in those talks because, you know, whether they're part of the ACC or not, they're going to be having to deal with this in the future. And that's probably the only safe route that the ACC has to go, you know, in terms of things that they can talk about here. And I'm going to, I think with that it's so interesting because you're looking at the two wealthiest teams in terms of the ones who are suing you. So they would be the ones who could most easily do the change in allotment for baseball scholarships or the changes in allotment for how much they're deciding to, hey, we have a salary capital, 22 million going forward or whatever the case may be, those two teams will be the most likely to kind of handle that or be able to navigate that situation. And yet, again, those are the two teams that got you walking on the eggshells

Starting point is 00:18:46 because it's like you've got to have the suits in the room to confer with them. Hey, can we say that? Thank you. Say that. Just make it short, brother. Just make it short. I don't want to give them anything down in Leon County, right? I got to write this time, right?

Starting point is 00:19:02 Leon County. Okay, I don't want to give them down there, Leon County to go ahead and gash us with. So let's make sure we got this right. But I'll tell you, this gives both Florida State and Clemson an opportunity to do one of the all-time greatest trolls there has ever been. Just walk in with a laptop with the Magic Johnson. I ain't going to be here with me already loaded up, play it. And then say, oh, I'm sorry. We just had to get that out of the way. Clothes and the elective we proceed. I mean, thankfully for the representatives from those universities. There is. I've never been out to Amelia Island. I've heard amazing things, like very nice beaches. You can ride horses on the beach. They're probably doing a lot of that

Starting point is 00:19:41 and not as much like note-taking at the meetings. Hey, let's send me down there, a free, free vacation down there. And you know, it's interesting that this was, this was outlined in the Andrea Adelson piece on ESPN. She does a really good rundown, not only on, you know, what could go down in these spring ACC meetings, but, you know, what went down last year. And the full Florida state legal strategy. What I find to be interesting, Kenton, is that Florida state has been, their lawyers have been working on a legal strategy going all the way back allegedly to last August. So it sounds to me like, you know, you can approach a hypothesis in different ways, right? You can get a look at the grant of rights and say, okay, this is how we're going to attack it.

Starting point is 00:20:26 It sounds like they were already saying before they got a look at that grant of rights, our objective is we need to find a way out like they had that objective already set um so adelson writes the previous august the florida state board of trustees met to discuss its long term future trustee justin roth asked for an exit plan to leave the acc by august 2024 florida state lawyers then began coming up with a legal strategy to challenge the grant of rights which transfers ownership of media rights from the school to the ACC and runs through 2036. So it sounds like they had their mission statement going back to almost a year ago saying, your mission is to find a way out.

Starting point is 00:21:09 And they've been working on that ever since. I think that the problem with that type of mindset is if you stare close enough at a fish, you think it could fly. You know, like if you look close enough at anything for something, like if I were to say, I got to find a reason to not like. I got to find a reason to say he's the worst lead host or co-host in the world. You know, you're going to find one. But it's not a lot with me, yeah.

Starting point is 00:21:37 But that's the thing. To me, it's not about finding a way out. You need to find the most reasonable way out, the most likely way out, the way out that makes the most sense. Because, again, you can go about it that way. You can find whatever you want to do that. But again, does it make sense? Does it add up? Because right now we're arguing the semantics of the grant of rights.

Starting point is 00:22:00 That's what is being argued at time. And it's so interesting that, you know, the lawsuits that were originally filed had to go back and be basically reworked and reworded because of what? Well, it wasn't stated and plain enough English. Okay. Well, what does that mean? What is that? You know, you get what I'm saying? So at the end of the day, I'm looking at a situation here where, like you said, it wasn't going into with the attitude and thought of, do we have a way out?

Starting point is 00:22:26 because if we don't, we'll stay put until our earliest exit strategy. It was we need to get out as soon as possible. Find something. Find anything. And that always puts you in a bad spot saying that I need to find the conclusion or saying here's the conclusion, find a way to get me here instead of asking the question and saying what is the conclusion based upon the questions that we've asked and are we asking the right questions?

Starting point is 00:22:49 It's the conclusion and then find a way to get me there, which is just foolish in my opinion. When we come back, if it's not UNC, who could be the next school to sue the ACC? You want to keep it locked right here on this brand new episode of Locked on ACC. Thank you so much for making this episode of Locked on ACC. Your first listen and your first watch today, Alex Dono alongside Kenton Gibbs from Locked on Wolfpack. I am from Locked on Cains. All right.

Starting point is 00:23:16 So, I mean, Kenton, it definitely, it sounds like there definitely could be a desire within the North Carolina Board of Trustees because you wouldn't be making brash public statements if you, you weren't, you know, ready to put your money where your mouth is, right? That UNC could very well be the next school to sue the ACC. If not them, who? You know, I've been thinking long and hard about this. And the more I think about it, the more something that you said on the episode where we had, we had Brian Smith on hit me, these are going to be our tax dollars.

Starting point is 00:23:51 And you have to explain that to folks. And so the conclusion. I came up with is two of our larger brands are private schools, one of them being the hat that you have on and the background that you have in Miami and the other one being Duke. Those are two schools that while they are smaller, while their alumni bases are smaller and all that, we don't know anything about their financials in a meaningful way. Like there's, I can say with decent accuracy that there is no publicly readily available information on their finances.

Starting point is 00:24:28 They can go the same way that people were pitching the theories that, oh, SMU is going to get some oil, dark money from somewhere, or, oh, Florida State's going to go over to some prints overseas and get their money, whatever. Guess who actually can do that?

Starting point is 00:24:42 And nobody would be none the wiser. Both Miami and Duke, those are two schools that, again, we don't know what's in their coffers. We have no clue because, again, they're private. And if they were to make that jump, nobody could get up in arms and say, hey, wait a minute, my taxes just jumped X percent. Did it have to do with buying Google out?

Starting point is 00:25:03 Did it have to do with Miami buying their way out? What just happened to you? Yeah, you raise a great point because, yeah, anytime like we're talking about Miami and you're talking coach salaries, they're all estimates or leaks. Like, it's not like you can find public records of what coaches at public universities, because it's public record. Like you know exactly how much money Mike Norvell's making Billy Nape. You're just keeping it within the state of Florida.

Starting point is 00:25:32 I mean, I think I know what Mario Cristobal is making, but that's only because of reports and leaks. Like his salary is not actually public record. And you can say the same thing for, you know, NIL information at Miami and all that. That it's a lot of guesses, some educated guesses, some not so educated. But everything you hear out here out there is rumored and reported.

Starting point is 00:25:52 Now, I will say like from a Miami, standpoint, I'm actually disappointed on how inactive and how passive Miami's been with all this stuff. And yeah, I do host locked on ACC, but it doesn't necessarily mean I just want the university that I went to and that I cover just to kind of kick their feet up and say whatever happens. I think you should be proactive to have, you know, an exit strategy or a backup plan in case things don't work out with this conference. And maybe Miami's doing that. But if they are doing that they're keeping it very secretive, right? Because everything that athletic director, Dan Radicovic, has said publicly, and he talked about it in a radio interview a few months ago,

Starting point is 00:26:34 he's basically saying we're very strong with the ACC, I think was his exact quote. So he's, he's not going the scorched earth route. He's not going the North Carolina Board of Trustees route and saying anything anti-ACC publicly publicly. He's saying all the right things that Jim Phillips would want to hear. So I don't have any actual evidence that Miami, is fighting for a way out. I do know, though, Kenton, reportedly Miami was one of those, what they referred to as the Magnificent Seven School and North Carolina State was one of those as well, that about a year ago, they did inquire about the ACC grant of rights and they wanted to look at it to be aware if there may be a way out of it. So at least I know Miami's done that,

Starting point is 00:27:17 but outside of inquiring into the grant of rights, I've had no evidence that they might actually sue the ACC. I don't have any. reason to believe that's going to happen or you know maybe no reason to believe it won't happen yeah and my thing is this right and i know because we cover locked on acc and we've taken some of the stances we have once some of the nonsense has come out about this that people are like oh well you just want the cc to be a lot no matter what i am here to tell you all this right now okay i was born and raised in detroit michigan i grew up a big 10 guy big 10 was like my life that was everything where i grew up that, okay, I love NC State. I'm an NC State guy. I'm not an ACC guy. I could give a rats behind.

Starting point is 00:27:59 If my school was Florida State or if my school was Clems, or if NC State were at that level, shall we say, that we knew, hey, these two are going to be the biggest draws every year in the conference. They're the one that's going to the playoffs. They're the one that's going undefeated, doing all the things. You're damn right. I'd want them to look around and get the most money possible out of their revenue debt. Why, who wouldn't? Who wouldn't? I don't blame them for looking into a different option in route. But guess what? The same criticisms that I'm levying against Clemson, against Florida State, against UNC,

Starting point is 00:28:35 I would levy the exact same ones against NC State if they were looking around under the same basis of. I trust that they left a giant back door for us to walk through that says, exit here if you don't like deal for free. I highly doubt that that's happened. Because you also have to think about this. Like when you're, you know, if your school is one of the ones suing the ACC, you better hope they have an ironclad case because they're spending a lot of money in legal fees.

Starting point is 00:29:02 You want to know the real winners here. The real winners are the lawyers on both sides and their billable hours. It's like how people say the real winner out of Kendrick and drink beef is Jay Cole because he backed out on time and that way he doesn't get a lawsuit. The real winner in all of these lawsuits are the lawyers. I bet those lawyers, you know, I bet this is like cutting WWE promos for that. Oh, we're going to see you in Mecklenburg. We're going to whoop on you in Leon.

Starting point is 00:29:27 We'll get you in South Carolina too. And then they leave and go shake hands there and happy. All right, man. Good luck in y'all case. Hopefully this thing drags on, right? No settlement for us over here. None for you either, brother. All right.

Starting point is 00:29:39 We'll be seeing you for the next two years. Because, I mean, objectively, you know, this is one of my lawyer friends joked about this is one of my favorite type of cases because it's a, a not so smart client that's going to have a ton of billable hours. That's, you know, this is what this is seeming to be. It's seeming to be that one side or the other is going to end up in a very bad way financially from this. There's no avoiding that at this point.

Starting point is 00:30:08 And part of that financial bad way is based on paying these lawyers. Yeah, no, that's well said. So we have a lot more to talk about later this week on Lockdowne ACC. I do want to talk about a ranking of the top 10 players in the ACC who we feel should absolutely be included heading into this football season. It's just like juggling the on the field stuff with the off the field stuff. It's a delicate tightrope that we have to walk given all the storyline surrounding this conference. So we will try to walk that the rest of the week.

Starting point is 00:30:38 He's Kenton Gibbs, Locked on Wolfpack. Follow him on X at TGIF underscore Kenton. I'm Alex Dono from Lockdowne canes. follow me at Alex Dono and at Lockdown Caines. And we will talk to you guys again next time on another episode of Lockdown ACC, part of the awesome Lockdown Podcast Network, your team every day.

Locked On ACC - Daily College Football & Basketball Podcast - UNC Trustee Advocates Move AWAY From ACC | Will They SUE? | ACC Spring Meetings Agendas Revealed?

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