SC, UCLA, UT and OU had 2 years left on their media contracts that all 4 are remaining with their respective conferences until they expire (OU and UT might leave 1 year early). The ACC has 14 years left, a $120m exit fee PER SCHOOL, and a GOR contract that states they would give up 100% of their future media rights revenue through the duration of the current ACC contract.When it is a matter of survival in the new world of college football then yes if they can get enough schools to go along contracts can be broken. To do what I am talking about would involve a majority of the ACC. They would be leaving behind some schools but it wouldn't just be 4-5 schools going. Same situation with the PAC. There would be some schools left behind but it would allow most to survive.
In this situation yes dissolving the conference agreements would be a possible step.
If they see the alternative as becoming one step above G5 strange things can happen.
By the way USC and UCLA, just like Texas and Oklahoma had contracts with their conferences and what happened with them.
If Clemson wants to leave, it's $120m + $100m (assumed SEC per team amount) PER YEAR, for the next 14 years. That's $1.4B + $120m = $1.52B that Clemson alone would owe the ACC. If those 5 ACC programs decide to leave, they would collectively owe the ACC over $7B.
There is a reason those GOR haven't been broken and the conversation about realignment has essentially stopped talking about those schools outside of a potential Pac10/ACC scheduling alliance.