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Florida State vs. ACC grant of rights lawsuit: What you need to know

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After months of politicking, Florida State took its first official step toward leaving the ACC on Friday.

Spurred into action by a College Football Playoff snub earlier this month, FSU voted to sue the ACC over the grant of rights. The school alleged restraint of trade, breach of contract and failure to perform over what it describes as years of mismanagement that has locked ACC schools in a 'deteriorating' media rights agreement while preventing schools from leaving with 'draconian' withdrawal penalties.