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Big Ten Media Rights / Conference Realignment
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<blockquote data-quote="Second and Chalmers" data-source="post: 1214258" data-attributes="member: 527609"><p>Those articles, and there are more of them, seem to confuse the issue, for me. They treat the grant of rights contract like it's an obligation for a team to remain in a conference. But that's not what it is, it's more like a sale of goods. In exchange for the ability to enter into the TV rights deal, the schools are granting the TV rights themselves. There's no need for termination or liquidated damages provisions, because there is no "performance" contemplated, it's just a transfer of goods.</p><p></p><p>It's not that much different from saying the conference should be able to tear up the TV rights deal in the middle and sell to another bidder. The other bidder would never spend good money on an arrangement like that because they don't have good title to the thing they're buying.</p></blockquote><p></p>
[QUOTE="Second and Chalmers, post: 1214258, member: 527609"] Those articles, and there are more of them, seem to confuse the issue, for me. They treat the grant of rights contract like it's an obligation for a team to remain in a conference. But that's not what it is, it's more like a sale of goods. In exchange for the ability to enter into the TV rights deal, the schools are granting the TV rights themselves. There's no need for termination or liquidated damages provisions, because there is no "performance" contemplated, it's just a transfer of goods. It's not that much different from saying the conference should be able to tear up the TV rights deal in the middle and sell to another bidder. The other bidder would never spend good money on an arrangement like that because they don't have good title to the thing they're buying. [/QUOTE]
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Big Ten Media Rights / Conference Realignment
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