Page 1 of 4 1234 LastLast
Results 1 to 15 of 49
  1. #1
    Speechless
    Points: 291,905, Level: 100
    Level completed: 0%, Points required for next Level: 0
    Overall activity: 21.0%
    Achievements:
    Veteran50000 Experience Points
    isuno1fan's Avatar
    Join Date
    Mar 2006
    Location
    Clive, Iowa
    Posts
    18,536
    Points
    291,905
    Level
    100
    Thumbs Up
    Received: 590
    Given: 567

    WOW...CU and Nebbie buyout penalties

    This number keeps going up.

    $40 million now.

    Chip Brown (ChipBrownOB) on Twitter



  2. #2
    All-Star
    Points: 18,782, Level: 41
    Level completed: 82%, Points required for next Level: 168
    Overall activity: 10.0%
    Achievements:
    10000 Experience PointsVeteran

    Join Date
    Sep 2009
    Location
    La Fox, IL
    Posts
    1,647
    Points
    18,782
    Level
    41
    Thumbs Up
    Received: 123
    Given: 152

    Re: WOW...CU and Nebbie buyout penalties

    That would be a nice 4 mil per a school. However, what worries me is the fact that they are discussing what to do with it. It should be simple, split it evenly.



  3. #3
    Burgermeister!
    Points: 380,586, Level: 100
    Level completed: 0%, Points required for next Level: 0
    Overall activity: 3.0%
    Achievements:
    SocialVeteran50000 Experience Points
    TykeClone's Avatar
    Join Date
    Oct 2006
    Posts
    24,578
    Points
    380,586
    Level
    100
    Thumbs Up
    Received: 1,352
    Given: 2,188

    Re: WOW...CU and Nebbie buyout penalties

    Quote Originally Posted by SCNCY View Post
    That would be a nice 4 mil per a school. However, what worries me is the fact that they are discussing what to do with it. It should be simple, split it evenly.
    Or provide seed money for one or more TV networks?

    Or discuss inviting Memphis to the Big IIXII (for their $10M), and then seeing if we couldn't get another big name to budge to join us for some of that pot.


    Asteroids are nature's way of asking "How's that space program going?"

  4. #4
    Prospect
    Points: 8,247, Level: 27
    Level completed: 17%, Points required for next Level: 503
    Overall activity: 0%
    Achievements:
    Veteran5000 Experience Points

    Join Date
    Apr 2006
    Posts
    65
    Points
    8,247
    Level
    27
    Thumbs Up
    Received: 11
    Given: 1

    Re: WOW...CU and Nebbie buyout penalties

    Quote Originally Posted by SCNCY View Post
    That would be a nice 4 mil per a school. However, what worries me is the fact that they are discussing what to do with it. It should be simple, split it evenly.
    If that amount is accurate, The Big 12 should seriously consider investing part of it, at least, in a Big 12 network. That would go a long way toward the start-up costs, I'd suspect.



  5. #5
    Giving it a go
    Points: 259,520, Level: 100
    Level completed: 0%, Points required for next Level: 0
    Overall activity: 16.0%
    Achievements:
    SocialVeteran50000 Experience Points
    chadm's Avatar
    Join Date
    Apr 2006
    Location
    Midwest
    Posts
    14,779
    Points
    259,520
    Level
    100
    Thumbs Up
    Received: 140
    Given: 107

    Re: WOW...CU and Nebbie buyout penalties

    How can Colorado pay for that? Not that I care.



  6. #6
    All-Star
    Points: 23,697, Level: 47
    Level completed: 15%, Points required for next Level: 853
    Overall activity: 1.0%
    Achievements:
    Veteran10000 Experience Points
    kcclones's Avatar
    Join Date
    Mar 2006
    Location
    Kansas City
    Posts
    1,866
    Points
    23,697
    Level
    47
    Thumbs Up
    Received: 94
    Given: 95

    Re: WOW...CU and Nebbie buyout penalties

    810 Radio was talking about this today and how NU will try to get out of paying because they will say the conference is worth more now that they left. I imagine this will go to court and there will be a settlement.



  7. #7
    Hall-Of-Famer
    Points: 67,926, Level: 80
    Level completed: 93%, Points required for next Level: 124
    Overall activity: 0%
    Achievements:
    Veteran50000 Experience Points

    Join Date
    Apr 2008
    Posts
    4,474
    Points
    67,926
    Level
    80
    Thumbs Up
    Received: 354
    Given: 315

    Re: WOW...CU and Nebbie buyout penalties

    These are not penalties to be paid, this is the amount that the Big XII will withhold from NU and CU. They won't have a choice whether or not to "pay up", because they just won't get it to begin with. That's according to Blair Kerkoff from the KC Star, who was on Omaha radio on Friday.

    It's pretty likely that a fair amount of lawyerin' will be going on with this.



  8. #8
    Legend
    Points: 217,246, Level: 100
    Level completed: 0%, Points required for next Level: 0
    Overall activity: 14.0%
    Achievements:
    Veteran50000 Experience Points
    jbhtexas's Avatar
    Join Date
    Oct 2006
    Location
    Arlington, TX
    Posts
    11,915
    Points
    217,246
    Level
    100
    Thumbs Up
    Received: 958
    Given: 674

    Re: WOW...CU and Nebbie buyout penalties

    Quote Originally Posted by kcclones View Post
    810 Radio was talking about this today and how NU will try to get out of paying because they will say the conference is worth more now that they left. I imagine this will go to court and there will be a settlement.
    The Big 12 bylaws (which I assume NU signed) specify liquidated damages, in which the actual effect on the conference of a team leaving is irrelevant. NU should lose, and then the judge should throw in an additional $10 million in punitive damages for wasting the court's time, and stick them with all the attorney's fees...


    "Don't worry Boss...they can't do nothin' 'til they're through sparklin'..."

    Avatar - America's new superhero...Cenex Guy

  9. #9
    Addict
    Points: 71,042, Level: 82
    Level completed: 76%, Points required for next Level: 408
    Overall activity: 35.0%
    Achievements:
    Veteran50000 Experience Points
    wxman1's Avatar
    Join Date
    Jul 2008
    Location
    Cedar Rapids
    Posts
    6,763
    Points
    71,042
    Level
    82
    Thumbs Up
    Received: 1,487
    Given: 1,026

    Re: WOW...CU and Nebbie buyout penalties

    What I heard from some friends in Omaha Nebraska says they aren't going to pay to which the Big 12 says fine your not getting any money from us this year...this explains why pollard said the lawyers are working it out when asked last week about the buyout money.



  10. #10
    Addict
    Points: 87,154, Level: 91
    Level completed: 85%, Points required for next Level: 296
    Overall activity: 5.0%
    Achievements:
    Veteran50000 Experience Points
    twojman's Avatar
    Join Date
    Jun 2006
    Location
    Clive
    Posts
    5,059
    Points
    87,154
    Level
    91
    Thumbs Up
    Received: 347
    Given: 372

    Re: WOW...CU and Nebbie buyout penalties

    Quote Originally Posted by kcclones View Post
    810 Radio was talking about this today and how NU will try to get out of paying because they will say the conference is worth more now that they left. I imagine this will go to court and there will be a settlement.
    In theory NU is correct but now you have to take into account the schools needing to change up schedules. The Big 12 schools may have to pay buyouts to the schools getting dropped in future schedules, this is not cheap. If each school were to split the penalty money evenly there may be some schools that go into the hole by having to pay those buyouts. ISU comes to mind if you have to buyout Utah, UCONN or Air Force.



  11. #11
    Pro
    Points: 83,665, Level: 89
    Level completed: 96%, Points required for next Level: 85
    Overall activity: 7.0%
    Achievements:
    SocialVeteran50000 Experience Points
    RyCy04's Avatar
    Join Date
    Sep 2007
    Location
    Omaha, NE
    Posts
    2,474
    Points
    83,665
    Level
    89
    Thumbs Up
    Received: 255
    Given: 30

    Re: WOW...CU and Nebbie buyout penalties

    Quote Originally Posted by Rapplegt View Post
    If that amount is accurate, The Big 12 should seriously consider investing part of it, at least, in a Big 12 network. That would go a long way toward the start-up costs, I'd suspect.
    According to what television tells me, and I have never known it to lie, this is where the investment should be.
    [ame=http://www.youtube.com/watch?v=HqZbeg0i15o]YouTube - Gold & Coin Exchange INVESTMENT COMMERCIAL (Marietta, GA)[/ame]



  12. #12
    Giving it a go
    Points: 259,520, Level: 100
    Level completed: 0%, Points required for next Level: 0
    Overall activity: 16.0%
    Achievements:
    SocialVeteran50000 Experience Points
    chadm's Avatar
    Join Date
    Apr 2006
    Location
    Midwest
    Posts
    14,779
    Points
    259,520
    Level
    100
    Thumbs Up
    Received: 140
    Given: 107

    Re: WOW...CU and Nebbie buyout penalties

    Quote Originally Posted by CarolinaCy View Post
    These are not penalties to be paid, this is the amount that the Big XII will withhold from NU and CU. They won't have a choice whether or not to "pay up", because they just won't get it to begin with. That's according to Blair Kerkoff from the KC Star, who was on Omaha radio on Friday.

    It's pretty likely that a fair amount of lawyerin' will be going on with this.
    How can Colorado pay the coaches/travel/etc. without getting paid? Not as I care.



  13. #13
    Speechless
    Points: 330,013, Level: 100
    Level completed: 0%, Points required for next Level: 0
    Overall activity: 72.0%
    Achievements:
    SocialRecommendation Second ClassVeteran50000 Experience Points
    chuckd4735's Avatar
    Join Date
    Mar 2006
    Posts
    20,179
    Points
    330,013
    Level
    100
    Thumbs Up
    Received: 4,186
    Given: 879

    Re: WOW...CU and Nebbie buyout penalties

    Quote Originally Posted by chadm View Post
    How can Colorado pay the coaches/travel/etc. without getting paid? Not as I care.
    They could get a license to start selling medical marijuana...



  14. #14
    Hall-Of-Famer
    Points: 65,833, Level: 79
    Level completed: 62%, Points required for next Level: 617
    Overall activity: 3.0%
    Achievements:
    Veteran50000 Experience PointsSocial
    thatguy's Avatar
    Join Date
    May 2009
    Location
    DENVER
    Posts
    3,601
    Points
    65,833
    Level
    79
    Thumbs Up
    Received: 151
    Given: 24

    Re: WOW...CU and Nebbie buyout penalties

    Quote Originally Posted by RyCy04 View Post
    According to what television tells me, and I have never known it to lie, this is where the investment should be.
    YouTube - Gold & Coin Exchange INVESTMENT COMMERCIAL (Marietta, GA)

    hahaha nice.


    The one constant through all the years, Ray, has been baseball. America has rolled by like an army of steamrollers. It has been erased like a blackboard, rebuilt and erased again. But baseball has marked the time. This field, this game: it's a part of our past, Ray. It reminds of us of all that once was good and it could be again. Oh... people will come Ray. People will most definitely come.

  15. #15
    Hall-Of-Famer
    Points: 101,512, Level: 99
    Level completed: 24%, Points required for next Level: 1,538
    Overall activity: 2.0%
    Achievements:
    Veteran50000 Experience Points
    Incyte's Avatar
    Join Date
    Apr 2007
    Posts
    4,556
    Points
    101,512
    Level
    99
    Thumbs Up
    Received: 813
    Given: 89

    Re: WOW...CU and Nebbie buyout penalties

    Quote Originally Posted by chadm View Post
    How can Colorado pay the coaches/travel/etc. without getting paid? Not as I care.
    They are planning to get financing.

    Seems like "junk bond" debt to me.


    “Science investigates; religion interprets. Science gives man knowledge, which is power; religion gives man wisdom, which is control. Science deals mainly with facts; religion deals mainly with values. The two are not rivals. They are complementary.”

    Martin Luther King Jr.

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  
  • TV: TBA
  • Football Season Opener vs. UNI
  • September 3, 2016
  • 07:00 PM