08-25-2012, 04:30 PM
After months of negotiations, the Big West has accepted Boise St.as a member, effective 8/1/13. The move has been expected, but took some time as Boise St. needed the Big East to cover their entrance fees. With Boise St. joining Hawaii and San Diego St., the Big West has now brought in 3 western FBS football schools seeking homes for their non-football sports.
Boise State President Bob Kustra: “Our going to the Big East was contingent upon finding a safe, secure and competitive environment for the rest of our sports.”
* The Big East will pay half of Boise State’s $770,000 travel subsidy in the first two years ($385,000 per year for Big East). That’s a bridge to the Big East’s new TV deal.
* The Big East will pay $2 million of Boise State’s $2.5 million entry fee to the Big West. As a result, Boise State will pay a full $2.5 million entry fee to the Big East.
* Boise State will make a one-time equity payment to the Big West of $176,000. The school will receive a full share of conference revenue from the start.
* Boise State would owe an exit fee to the Big West. It starts at $1.5 million in 2014, then drops by $250,000 each year until 2018, when it hits $250,000 and stays there. If San Diego State leaves the Big West, the Big West can terminate Boise State’s membership with 24 months notice.
* Hawaii won’t have to pay travel costs to Boise State when the Broncos go to the islands. Hawaii reportedly pays about $500,000 in subsidies.
http://collegesportsinfo.com/2012/08/24/...-big-west/
Boise State President Bob Kustra: “Our going to the Big East was contingent upon finding a safe, secure and competitive environment for the rest of our sports.”
* The Big East will pay half of Boise State’s $770,000 travel subsidy in the first two years ($385,000 per year for Big East). That’s a bridge to the Big East’s new TV deal.
* The Big East will pay $2 million of Boise State’s $2.5 million entry fee to the Big West. As a result, Boise State will pay a full $2.5 million entry fee to the Big East.
* Boise State will make a one-time equity payment to the Big West of $176,000. The school will receive a full share of conference revenue from the start.
* Boise State would owe an exit fee to the Big West. It starts at $1.5 million in 2014, then drops by $250,000 each year until 2018, when it hits $250,000 and stays there. If San Diego State leaves the Big West, the Big West can terminate Boise State’s membership with 24 months notice.
* Hawaii won’t have to pay travel costs to Boise State when the Broncos go to the islands. Hawaii reportedly pays about $500,000 in subsidies.
http://collegesportsinfo.com/2012/08/24/...-big-west/