*****The Super, Mega, Huge Big 12 Expansion Thread*****

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alarson

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In the grad school. :smile:

Seriously, how much do you think Mizzou (and TAMU) will pay for the buyout (assuming they're gone for 2012)? We're in the 90% window right now (6-12 months notice). 90% of the remaining 2 year's worth of revenue is about $26M. So say that's the upper figure.

NU and CU paid roughly half of what they were contractually required to pay. Why? To avoid litigation. Neither side wanted to drag this out.

Holding MU and TAMU to the same standard, that means a negotiated buyout in the $13M range. Could be a little higher, or a little lower. I'll stand with $10M to $20M. Do you think it will be higher?

Q: Why is leaving the Big 12 so expensive?
A: Because it's WORTH it!

(old joke...I know.) :smile:
It wasnt just to avoid litigation. One of the two (i think it was CU) wanted to protract its stay until 2012 to meet the lesser penalties . We wanted to move on, so we let them out at the rate as if they were leaving for 2012, and because we were doing that, nebraska got a similar deal.

It doesnt take much litigation to get the money from Mizzou. The penalties are clearly laid out in the bylaws with the specific purpose of avoiding litigation. And now, with the potential that we may not be able to get WVU right away, we may be more than happy to have Mizzou stick around for a farewell tour in 2012, so if Mizzou wants out for 2012, theyre going to pay the price.
 
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Mizzoulander

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It wasnt just to avoid litigation. One of the two (i think it was CU) wanted to protract its stay until 2012 to meet the lesser penalties . We wanted to move on, so we let them out at the rate as if they were leaving for 2012, and because we were doing that, nebraska got a similar deal.

It doesnt take much litigation to get the money from Mizzou. The penalties are clearly laid out in the bylaws with the specific purpose of avoiding litigation. And now, with the potential that we may not be able to get WVU right away, we may be more than happy to have Mizzou stick around for a farewell tour in 2012, so if Mizzou wants out for 2012, theyre going to pay the price.

I'm not an attorney, but this doesn't seem clearly laid out at all.

Big 12 Bylaws on Leaving Are Complicated, Weak : Outkick The Coverage

Some may disagree with the analysis, but in practice, nobody's actually paid the full amount when they leave. TAMU doesn't expect to, either.

Do you think they'll pay the full amount?
 

brett108

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I'm not an attorney, but this doesn't seem clearly laid out at all.

Big 12 Bylaws on Leaving Are Complicated, Weak : Outkick The Coverage

Some may disagree with the analysis, but in practice, nobody's actually paid the full amount when they leave. TAMU doesn't expect to, either.

Do you think they'll pay the full amount?[/QUOTE]
If the league wants them too, yes, or they will be hanging around a while longer. That is what is spelled out. Those bylaws are legally binding. Using past precedent is not that strong an argument. A/M can suck it.
 

ISUAgronomist

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I'm not an attorney, but this doesn't seem clearly laid out at all.

Big 12 Bylaws on Leaving Are Complicated, Weak : Outkick The Coverage

Some may disagree with the analysis, but in practice, nobody's actually paid the full amount when they leave. TAMU doesn't expect to, either.

Do you think they'll pay the full amount?


Colorado and Nebraska paid a lesser amount to move Colorado out the door a year earlier than they wanted. Both A&M and Missouri have express they want to leave this July. Therefore, there is no reason to negotiate. It's a legally binding contract. Terms are pretty easy to figure out.

Also, the Bylaws are not complicated. I've spelled it out on here ~half-dozen times:


2-year notice = forfeit of 50% of 2-year revenue (or number of years until withdraw if greater than 2 years)
<2-years but >18-months = forfeit of 70% of 2-year revenue equivalent
<18-months but >12-months = forfeit of 80% of 2-year revenue equivalent
<12-months but >6-months = forfeit of 90% of 2-year revenue equivalent
<6-months notice = forfeit of 100% of 2-year revenue equivalent



Bylaws.png
 

Mizzoulander

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I'm not an attorney, but this doesn't seem clearly laid out at all.

Big 12 Bylaws on Leaving Are Complicated, Weak : Outkick The Coverage

Some may disagree with the analysis, but in practice, nobody's actually paid the full amount when they leave. TAMU doesn't expect to, either.

Do you think they'll pay the full amount?[/QUOTE]
If the league wants them too, yes, or they will be hanging around a while longer. That is what is spelled out. Those bylaws are legally binding. Using past precedent is not that strong an argument. A/M can suck it.

Ah, yes. Suck It. The well-known majority opinion in the famous case of Eat **** vs. **** You. Definitely applicable to this case. :smile:

If it were that simply, I'd say MU would be gone already.
 
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CloneAbuse

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Wow Mizzouwhatever! Can you not site any other SEC shill? You must think Clay Travis is the only credible source regarding college athletics/litigation. In the other thread, you site multiple links to OKTC. You think maybe he has an agenda???? Ya think he's any different than Chip Brown is to Texas as far as an SEC mouthpiece.

You can surely regurgitate what others represent as facts....note...represent as facts, but Clay Travis does not know why, or how the CU and NU exits were negotiated. But, since he put out on the web, it must be fact....funny, why is he not a practicing attorney???
 

HoopsTournament

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A conference wide network could be done by Fox and therefore the Tier 2 rights could come into play there.

If you were responding to my post about all but one game being in Tier's 1 and 2, that was a comment about the SEC and a response to Mizzoulander saying that SEC Network would generate lots of money. But not sure if you were, because you didn't quote anyone.
 

cyman05

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I don't know how accurate this is, but the rumor is that the Big East offered Syracuse and Pitt a buyout option to leave after this year for 21.5 million.

If true, West Virginia would seek a similar deal.

This rumor stands in direct opposition to what the Big East commish has said publicly. It'll be interesting to see if all the Big East schools get out before 2014 or not.
 

F5cy

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Ah, yes. Suck It. The well-known majority opinion in the famous case of Eat **** vs. **** You. Definitely applicable to this case. :smile:

If it were that simply, I'd say MU would be gone already.

I'm sure Florida and Alabama fans would be happy to argue your insignificance for a short time before they get bored and you come back here.

I suggest you take a week's break from CF and visit some of their boards... make some new friends and get used to the SEC culture so that you don't feel too out of place in the future. I suggest starting with Vandy, since Missouri will soon have something in common.
 

Wesley

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LaRue Robinson · ColumbiaClay, from one lawyer to another, I have a different take on the bylaw. The language “that would otherwise have been distributed or distributable" is key for me. I take this language to mean that regardless of whether they are in the conference at that time, the revenue they would have received if they stayed is what is forfeited. Read more of my thoughts here:

Texas A&M’s Stage Fright | Any Football Fan
 
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DistrictCyclone

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I'm sure Florida and Alabama fans would be happy to argue your insignificance for a short time before they get bored and you come back here.

I suggest you take a week's break from CF and visit some of their boards... make some new friends and get used to the SEC culture so that you don't feel too out of place in the future. I suggest starting with Vandy, since Missouri will soon have something in common.

Both are known as "The Harvard" of something? Vandy=Harvard of the South, Missery=the Harvard of the Trailer Park Wedged Between Iowa and Arkansas
 

cyman05

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New Pete Thamel article out:

http://www.nytimes.com/2011/10/26/sports/ncaafootball/West-Virginia-Big-12-Big-East.html

For the Big East to survive — as it did in 2003 when it was whittled to five members in football — it needs the conference shakeups to end so it can rebuild. Missouri will eventually announce that it is headed to the Southeastern Conference, and when that happens it will be replaced by West Virginia as the Big 12’s 10th team.
The West Virginia official said the Big 12 would remain at 10 teams.
Big East officials met in Washington on Sunday with presidents and athletic directors from the programs that they are interested in courting for their 12-team model. The Big East was warmly received, and laid out potential possibilities that included West Virginia’s leaving. Those at the meeting included Central Florida, Houston and Southern Methodist, which will be added for all sports, and Boise State and Navy, which would be added for football only.
Air Force did not attend the meeting, but its athletic director, Hans Mueh, said Tuesday to “absolutely not†read anything into the absence. “Our thoughts haven’t changed,†he said. “We’re still waiting for things to settle down.â€
Big East officials gave projections to the interested programs that showed that the league would retain its Bowl Championship Series automatic qualifying bid, even with the loss of West Virginia. Those projections are based on B.C.S. points added by Boise State’s annual high finishes, Central Florida’s top-25 finish last season and Houston’s projected high finish this year.
The way the B.C.S. automatic qualification works is that a team’s performance would count toward the Big East even if it was not in the conference at the time. (Cincinnati’s top-three finish in 2009 will help the league as well.)
The linchpin for Big East expansion is Boise State, whose president, Robert Kustra, said that the automatic B.C.S. qualification was the key to luring Boise.



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While Big East officials and athletic directors are confident they will rebuild, there are troubling lingering issues. Does Notre Dame risk further Big East defections? It’s reasonable to expect the Big 12 to grow when it renegotiates its ESPN deal, which expires after the 2015 football season. That would put Louisville at risk of seduction.
Notre Dame could find a soft landing for basketball and its nonrevenue sports in the Big 12, which would allow the Irish to retain football independence with a football scheduling agreement with the conference.
 

MaccloNe

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Both are known as "The Harvard" of something? Vandy=Harvard of the South, Missery=the Harvard of the Trailer Park Wedged Between Iowa and Arkansas

That is an insult to Iowa. Just say ...trailer park north of the other hick state of Arkansas.
 
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