Well I don't know the specifics of the ACC exit fee, I just know $50 million is peanuts compared to the ACC owning UNC and State's GOR until 2036. They absolutely own their media rights for damn near the next 20 years no matter where they play.
What I was getting at is if the State of North Carolina made all public Universities pull out of the conference it may make that agreement null and void.
That agreement was made to prevent schools from leaving for more lucrative conferences voluntarily.