Originally Posted by alnorth
Its not a myth at all. Between the two of them, they paid almost $27MM to the big 12. Even if that gets distributed to the schools, you asked if the schools are willing to pay $1MM each, but they really aren't, its still found money. Its basically a big pile of money that gets deposited in everyone's account, earns interest for a few months, then goes out to the ACC.
Found money is still real money. If they spend it on FSU, they have that much less real money. It isn't like they lose the money if it doesn't go to the ACC. The money they spend on FSU is money they can't spend somewhere else.
If it's worth $1,000,000 or whatever to get them, great. Pretending that the money doesn't count because you received a windfall from somewhere else is nonsensical.