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  1. #1
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    $3.1 million coming I State's way!

    Assuming aTm leaves, that should mean a check to I State of $3.11 million towards more improvements! ($30 million exit fee split nine ways) Down payment on end zone project?



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    Re: $3.1 million coming I State's way!

    We will see.



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    Re: $3.1 million coming I State's way!

    it would be negotiated down like NU and Coloarado's...still free money is good if the conference is still around.



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    Re: $3.1 million coming I State's way!

    Quote Originally Posted by 2020cy View Post
    We will see.
    yea we will probably give up our share so that oklahoma and osu stay happy... so that then they can leave next year....



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    Re: $3.1 million coming I State's way!

    somebody better read the fine print. Knowing Beebe, UT gets half, OU gets 1/4 and everybody else splits the rest with the conference, less a small handling fee.



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    Re: $3.1 million coming I State's way!

    Hate to be a Debbie Downer, but the south endzone is about the 6th thing on Pollard's list of things to get done.


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    Re: $3.1 million coming I State's way!

    Any money from these types of buyout's that we get up front, will be less money that we get on the backend from TV contracts and so forth.

    Not to mention that our peers in the B12 all get the money too, so relative to our competition, we are no further ahead. Relative to the MAC teams that we play in our OOC schedule, we are distancing ourselves from them, but there is no benefit in our conference.



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    Re: $3.1 million coming I State's way!

    1. Itll be negotiated down.
    2. What potential losses do we face from lost current and future contract revenue with TAMU out (i know there are reports that fox has said they'll hold the current contract while we replace A&M, but who knows).
    3. Id personally be fine with using some of this payout as a signing bonus for a recruited school, if its a team that would be worth doing so for.



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    Re: $3.1 million coming I State's way!

    Quote Originally Posted by alarson View Post
    3. Id personally be fine with using some of this payout as a signing bonus for a recruited school, if its a team that would be worth doing so for.
    I agree.





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    Re: $3.1 million coming I State's way!

    Quote Originally Posted by alarson View Post
    1. Itll be negotiated down.
    Why negotiate down? If they want to go bad enough, make them pay the full fees.
    Rumor says a donor is lined up to pay...


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    Re: $3.1 million coming I State's way!

    Quote Originally Posted by kcclones View Post
    it would be negotiated down like NU and Coloarado's...still free money is good if the conference is still around.
    No, that money was offered to UT, OU and A&M but UT and OU turned it down.



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    Re: $3.1 million coming I State's way!

    Quote Originally Posted by jbhtexas View Post
    Why negotiate down? If they want to go bad enough, make them pay the full fees.
    Rumor says a donor is lined up to pay...
    that ship sailed when they negotiated it down last year with nubby and cu....



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    Re: $3.1 million coming I State's way!

    Quote Originally Posted by jbhtexas View Post
    Why negotiate down? If they want to go bad enough, make them pay the full fees.
    Rumor says a donor is lined up to pay...
    Precedence is set from last summer IMO. The $100million donor probably wants most of that used on Kyle Field though it has been rumored that it was contingent on a move to the SEC.





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    Re: $3.1 million coming I State's way!

    The only reason we negotiated with cu and nu is because we wanted them both out for 2011 and CU was willing to stick around until 2012 to reduce the penalty. Also, both were under the old B12 tv contract which was likely not as ironclad as the 2010 version which was drafted in the post-expansion era.



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    Re: $3.1 million coming I State's way!

    Quote Originally Posted by RayShimley View Post
    The only reason we negotiated with cu and nu is because we wanted them both out for 2011 and CU was willing to stick around until 2012 to reduce the penalty. Also, both were under the old B12 tv contract which was likely not as ironclad as the 2010 version which was drafted in the post-expansion era.
    Also, they both left prior to the start of the academic year (ends on june 30 i believe) preceding their departure. TAMU will be leaving after that date, making the payout -and potentially, our negotiating position, different.



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