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College sports, realignment and the origin of the grant of rights

Related Topics: James Delany

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The most-discussed document in college sports is stored away in an office in Charlotte, North Carolina, far from the prying eyes of the public or, as it turns out, the school administrators who actually signed it.

The ACC's grant of rights, which is now under dispute in three different jurisdictions, is -- along with its companion agreement, the league's multimedia rights deal -- kept top secret. Or it was until Florida State filed a lawsuit hoping to escape from under the contract's weight.

A North Carolina judge likened the league's grant of rights and multimedia deal to Coke's secret formula -- everyone's heard of it, no one knows what's actually in it.