You dope, the "creation of ACC Network" was by a different entity. That's not consideration between the ACC and its member institutions. It's not consideration, and it never will be. Nor is "increased annual revenue". You are just making **** up.
The deal for the ACC Network was signed in 2016. We were ALREADY under a Grant of Rights contract for 11 years. In order to grant NINE MORE YEARS to the ACC (the party on the contract), the ACC had to provide consideration, and never did.
It has nothing to do with what ESPN may or may not do later.
I know you're not smart, but you're one of the typical "acts smarter than you are" blowhards (along with
@NorthernVirginiaCane ) who are trying to conflate and commingle two or three separate agreements into one.
Unlike you, I've actually worked with and applied TV rights contracts. You can't just sit around doing consideration-free "extensions".
The ACC (not ESPN) got 15 schools to sign an extension IN EXCHANGE FOR NOTHING. Subsequent events do not change that.
As for the rest of your crap about "oh, it was freely bargained" and "oh, the parties are sophisticated" is just garbage. You can't just insert terms like "for valuable consideration" into a contract and expect them to be self-executing. Again, you choose to ignore the fact that the ACC schools were ALREADY under 11 more years of GOR obligation. You can't extend a DIFFERENT contract by extending a GOR and then act like THAT was the consideration. You can't boostrap.
Again, there was no consideration given for the extension. None. Zero. Stop using completely separate agreements to justify one for which no consideration was provided.
You are still the same fraud you have always been. "Insurance contracts". Hilarious. Insurance contracts that you actually pay money for. Directly. Not through some OTHER contract that OTHER parties will negotiate. What a moronic example.