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broncobob Offline
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Post: #1
 
Story from Honolulu Advertiser:


If this latest group of defectors is required to leave its 2005 share behind, the six remaining schools — Hawai'i, Boise State, Fresno State, Louisiana Tech, Nevada and San Jose State — will divvy up the expected $2.4 million to $2.8 million next year.

A large part of that is NCAA basketball tournament money. This year the NCAA paid each conference $140,964 for each game one of its members participated in. That payout will rise to $152,037 next year and, since it is paid each year of a six-year cycle, will be worth more than $912,222 at the end of the period. None of which UTEP or the other defectors stands to receive.

UTEP athletic director Bob Stull said yesterday: "We understood that. We knew that coming in." Whether other departing members will agree remains to be seen.

Coupled with the fact that incoming members New Mexico State, Utah State and, possibly, Idaho are required to forfeit part of their shares in the first three years as part of their "buy-in," the holdover WAC schools each stand to receive an additional $400,000 to $500,000 over the next three years



<a href='http://the.honoluluadvertiser.com/article/2004/Jun/01/sp/sp05a.html' target='_blank'>The Rest of the Story</a>
06-01-2004 12:49 PM
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Roughrider Offline
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And the presidents of those 6 schools will internalize this, this week, and ask themselves "why do I want to vote yes for a ninth team again?"........
06-01-2004 03:01 PM
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TUfan Offline
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That's why I keep wishing for one more team to leave in 2005. If half of the conference leaves at once, each individual school is able to keep their basketball units, which for TU is worth well over a million dollars.
06-01-2004 03:23 PM
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