The Florida State sued the Atlantic Coast Conference on Friday, challenging a contract that binds the school to the league for the next 12 years and creating a potential path to leave without paying more than $500 million in penalties. “I believe this board has been left no choice but to challenge the legitimacy of the ACC grant of rights and its severe withdrawal penalties,” Florida State Board of Trustees chairman Peter Collins said during a trustees meeting to approve the legal action. The lawsuit was filed soon after in Leon County Circuit Court, claiming the ACC has mismanaged its media rights and is imposing “draconian” exit fees. ACC Commissioner Jim Phillips and Virginia President Jim Ryan, chairman of the conference's board of directors, said Florida State's actions are “in direct conflict with their longstanding obligations and is a clear violation of their legal commitments to the other members of the conference.” MORE: https://www.wtsp.com/article/news/nation-world/florida-state-has-sued-to-leave-the-acc/507-e177b963-646e-43dd-8ea3-4cc1053778e3 ►Subscribe: https://on.wtsp.com/youtube ►Website: https://www.wtsp.com/ ►Facebook: https://facebook.com/10TampaBay ►Twitter: https://twitter.com/10TampaBay