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Atlantic Coast Conference commissioner Jim Phillips called lawsuits filed by the schools “extremely damaging, disruptive and harmful” to the league.
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The agreement comes days before a scheduled July 22 court hearing in Leon County.
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The latest arguments are over access to the ACC's media rights agreement with ESPN.
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Florida State University urged an appeals court to reject a request by the Atlantic Coast Conference to at least temporarily put on hold a lawsuit that could lead to the school leaving the conference.
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Much of Tuesday’s day-long arguments focused on whether the lawsuit could be decided in Florida, as FSU challenges what it describes as more than $500 million in penalties as it seeks to exit the North Carolina-based conference.
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For programs not among the Power 5 athletic programs, like USF, it could make it harder to compete and pay recruits. But athletic director Mike Kelly says the school is well-positioned for the future.
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The Atlantic Coast Conference has asked an appeals court to put on hold a lawsuit filed by FSU against the conference while a similar case plays out in North Carolina.
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Florida State is challenging the conference’s exit fees and the validity of a grant-of-rights agreement that binds league members together through their media rights.
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Florida’s Attorney General is turning to her peers in other states for support as Florida State University takes on the Atlantic Coast Athletic Conference in a legal battle over media deals and when and how the school can leave the conference.
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FSU is pushing to exit the ACC and explore a more lucrative landing spot, potentially the Big Ten.
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A big-money battle between the university and its longtime conference is playing out in two states because the ACC is based in North Carolina.
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People involved in athletics say Florida is somewhat of an outlier in preventing schools from helping athletes secure deals through the name, image and likeness — or NIL — law.