Yes, they are grandfathered in. That term……
means what happened before CAN’T happen again.
It’s like when a city says no new billboards. The existing billboard can stay, but there will be no new ones erected.
Team SFRX doesn’t grasp that concept, even when told multiple times by the state on multiple occasions. But don’t worry, they’re special.
Queens Jewels hold the rights in their permitted area, but the state made a claim too and settled on a 75/25 split, I believe.
The rights to the wrecks predate the 1987 ABA, which is why it’s grandfathered.