FSU's ACC exit worth over $120M on the cards after CFP snub: Report

2023 ACC Championship - Louisville v Florida State
FSU to Big Ten may be coming in the near future

A potential FSU move to the Big Ten could be in the works after the team failed to make the College Football Playoff. Florida State ended the regular season with a perfect 13-0 record and won the Atlantic Coast Conference Championship but failed to make the College Football Playoff.

ESPN Senior Writer Andrea Adelson reported that the university is weighing its options in the long term and could be open to a move away from the ACC.

Back in August, Florida State Board of Trustees Chair Peter Collins was asked about the situation within the ACC and he did not mince words.

"I think today when you think about what we're going to be next next year (in the ACC) and what the SEC and the Big Ten are relative to what we make, ... that gap is massive. And when the gap gets that large, is it insurmountable? Everyone is doing a great job of fundraising ... But we're going to be $30 million, $35 to $40 million behind the other conferences," he said. (h/t On3).

The ESPN report did clarify, however, that Florida State is not leaving in the near term, but is simply evaluating its situation.

If FSU to Big Ten or any conference outside of the ACC were to happen, they would need to pay an exit fee three times the league's operating budget, which would be around $120 million.

Is FSU to Big Ten actually an option?

The USC Trojans, Washington Huskies, UCLA Bruins and Oregon will join the Big Ten conference in 2024. Having FSU in the Big Ten would definitely be another smash hit for the conference as they continue to expand across the country and get into the SEC territory.

The ACC has a grant of rights through 2036 in all sports and exiting that has been tough. Florida State would need another program to leave with them, but if they are able to escape the grant of rights, it could open the floodgates.

With some high-caliber programs like the Clemson Tigers or the North Carolina Tar Heels also wanting to leave the conference and almost double their media rights revenue, FSU to Big Ten would be a legitimate option.

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