WATCH LIVE: Florida State's Board Of Trustees Holds Emergency Meeting To Debate Future, Legal Action

Florida State's relationship with the ACC has grown palatable at best over the last couple of years as the landscape of college football has shifted. In this day and age, it's becoming more and more obvious that programs have to be members of the Big Ten or SEC to compete with the growing revenue gap in the sport.

The Seminoles have publicly displayed their displeasure with their current situation. FSU President Richard McCullough and the Board of Trustees even fired off a warning shot to the conference prior to the beginning of the 2023 season.

"We currently as you all know face a very difficult situation. We are seeing large media deals that have been made with places like the Big Ten and the SEC which in many ways are creating an existential crisis for Florida State University as we will be $30 million per school per year behind in our gap in conference distribution with contracts that are set to go through 2036," McCullough said in August. "Without increasing revenue, we will raise major challenges to compete in football, NIL, coaching salaries, and attractive facilities to continue building our brand and be competitive. Our Title IX could be completely affected in a very dramatic way."

"We of course are not satisfied with our current situation. We love the ACC, we love our partners at ESPN. Our goal would be to stay in the ACC but staying in the ACC with the current situation is hard for us to figure out how we remain competitive unless there were a major change in the revenue distribution within the ACC conference itself. That has not happened, those discussions are ongoing and continue to explore that situation," McCullough continued. "FSU helps to drive value, will drive value for any partner but we have spent a year trying to understand how we might fix the issue. There are no issue fixes to this problem, to this challenge, but a group of us has spent literally a year on this. We've explored every possible option that you could possibly imagine and we continue to explore all of those options."

"The issue at hand is what can we do to allow ourselves to be competitive in football and get what I think, selfishly, is the revenue we deserve in our media situation," McCullough added. "I think this continues to be a very difficult issue, there's a lot going in the world of conference realignment with the PAC deal imminent and lots of things are going on. I would have to say that my current assessment of the situation after very deep analysis is that I believe FSU, at some point, will have to very seriously consider leaving the ACC unless there was a radical change to the revenue distribution."

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Following a season where the Seminoles became the first undefeated "Power Five" Conference Champion to be left out of the College Football Playoff, the administration is expected to go on the warpath.

Florida State's Board of Trustees scheduled an emergency meeting on Friday, December 22, that was directly forwarded to local beat writers and national media. That is a little atypical compared to the publication of previous meetings.

One of the agenda items for the meeting under the action items is detailed as 'Legal matters related to Department of Intercollegiate Athletics' with Chairman Peter Collins, President McCullough, and others scheduled to speak. This could very well surround the ramifications of FSU being historically snubbed from the final four and the lobbying that was done at its expense by the ACC's television partner.

Regardless, leadership and key figures in Tallahassee are expected to send another strong message to the ACC about Florida State's future in the conference.

View the Board of Trustees meeting LIVE on YouTube. The meeting will begin at 10 a.m. eastern. CLICK HERE or watch below!

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