Yes but why void the PAC money before contract is up
Completely agree. “Oh, you’re going to kick us to the curb? Well, according to this contract … y’all need to stroke some checks on your way out the door.”
I’d assume the inability to perform is a breach of contract and thus Oregon St and Washington St will not be getting very much money. (if any)
Ex: minimum number of conference games, sports, physical advertising requirements on campus, etc.
I’ve never done any work on a media contract before but I assume at its base it’s an advertising contract with lots of wiggle room for both parties regarding partial performance, “make goods”, rev share changes and indefinite specific times as long as it falls within a more general time frame. I’d also assume there is arbitration requirements prior to any actual law suits given the part of the country this concerns.
TL;DR = “the 2-PAC” will not be able to fulfill their end of the contract for things like minimum # of games and other general requirements. Failure to do so will reduce their possible damages and possibly eliminate them entirely. IMO best case scenario for these 2 schools is they get to keep any pre-paid deposits and any physical property given as part of the contracts. (ain’t nothing to sneeze at; probably valued at several million dollars total)
PS: I typed this while pooping so I won’t send you a Bill for my time.
😘