(11-30-2012 11:46 AM)99Tiger Wrote:  

(11-30-2012 11:09 AM)BeliefBlazer Wrote:  Someone posted a link the other day that said this... All exit and entry fees go to the conference's bank account. Schools can withdraw from that account based on time in the league and various other factors such as financial need. So it doesn't appear it is split exactly evenly among the schools that are left.

So, the departing schools are going to pull Southern Miss out of debt?

With any luck, yes.

Tell Fred thanks by the way...

(11-30-2012 11:44 AM)99Tiger Wrote:  The buyout is equal to $500k + the estimate damage to the conference media contracts I et a 5-year period. Therein lies the difference...and, IIRC, Memphis does have millions credited against that number because I'd basketball.

USM should have basketball credits from last, year, too, right?

(11-30-2012 12:42 PM)Big Dub Wrote:  

(11-30-2012 11:46 AM)99Tiger Wrote:  

(11-30-2012 11:09 AM)BeliefBlazer Wrote:  Someone posted a link the other day that said this... All exit and entry fees go to the conference's bank account. Schools can withdraw from that account based on time in the league and various other factors such as financial need. So it doesn't appear it is split exactly evenly among the schools that are left.

So, the departing schools are going to pull Southern Miss out of debt?

With any luck, yes.

Tell Fred thanks by the way...

More of our $$$ is coming from the basketball team's success than Fred (or any other booster).

(11-30-2012 12:50 PM)AndreWhere Wrote:  

(11-30-2012 11:44 AM)99Tiger Wrote:  The buyout is equal to $500k + the estimate damage to the conference media contracts I et a 5-year period. Therein lies the difference...and, IIRC, Memphis does have millions credited against that number because of basketball.

USM should have basketball credits from last, year, too, right?

Yep. You guys will get a check from the NCAA each of the next 6 years for your appearance. 1 game = 1 credit. We're leaving all out credits behind when we leave, and that money will reduce our exit fees.

I need to stop typing on my phone...too many typos.

(11-30-2012 11:44 AM)99Tiger Wrote:  The buyout is equal to $500k + the estimate damage to the conference media contracts I et a 5-year period. Therein lies the difference...and, IIRC, Memphis does have millions credited against that number because I'd basketball.

Wonder how that will be calculated for each individual school when so many are leaving at once.

(11-30-2012 12:59 PM)PirateHeist Wrote:  

(11-30-2012 11:44 AM)99Tiger Wrote:  The buyout is equal to $500k + the estimate damage to the conference media contracts I et a 5-year period. Therein lies the difference...and, IIRC, Memphis does have millions credited against that number because I'd basketball.

Wonder how that will be calculated for each individual school when so many are leaving at once.

It won't. Our media money has stayed the same.

(11-30-2012 10:21 AM)eagleriffic Wrote:  In raising exit fees you would think USM, Marshall, UAB, Rice, Tulsa & UTEP would be against this. The new teams may go for it though.

This is a fascinating detail to me. As of the notice of withdrawal of Tulane and ECU, now only six schools are voting members? And these six are making all of the go forward decisions for C-USA?

The intrigue is endless. What if UTEP, Tulsa, Rice and USM are planning an exit to the MWC while they still control decision making in C-USA?

(11-30-2012 01:15 PM)ESE84 Wrote:  

(11-30-2012 10:21 AM)eagleriffic Wrote:  In raising exit fees you would think USM, Marshall, UAB, Rice, Tulsa & UTEP would be against this. The new teams may go for it though.

This is a fascinating detail to me. As of the notice of withdrawal of Tulane and ECU, now only six schools are voting members? And these six are making all of the go forward decisions for C-USA?

The intrigue is endless. What if UTEP, Tulsa, Rice and USM are planning an exit to the MWC while they still control decision making in C-USA?

In that case, if they elected to, the leaving schools would have the power to dissolve the conference prior to accepting their invitations to the MW. That way they could split the exit fee income, would eliminate the exit fees for the the voting schools that planned to leave, and they would get to keep and NCAA credits (if any) they have coming (NCAA credits follow the school if the conference dissolves).

(11-30-2012 11:30 AM)BeliefBlazer Wrote:  Our tv value has decreased because we had to go from 12 teams to 14 to keep our contract. That means less money for each team.

Not a significant amount though.

Doesnt matter, the amount the conference recieved is the same.

(11-30-2012 01:15 PM)ESE84 Wrote:  

(11-30-2012 10:21 AM)eagleriffic Wrote:  In raising exit fees you would think USM, Marshall, UAB, Rice, Tulsa & UTEP would be against this. The new teams may go for it though.

This is a fascinating detail to me. As of the notice of withdrawal of Tulane and ECU, now only six schools are voting members? And these six are making all of the go forward decisions for C-USA?

The intrigue is endless. What if UTEP, Tulsa, Rice and USM are planning an exit to the MWC while they still control decision making in C-USA?

We should loot that bank account. If anybody deserves it, it's the "left behind" bunch.

(11-30-2012 12:59 PM)PirateHeist Wrote:  

(11-30-2012 11:44 AM)99Tiger Wrote:  The buyout is equal to $500k + the estimate damage to the conference media contracts I et a 5-year period. Therein lies the difference...and, IIRC, Memphis does have millions credited against that number because I'd basketball.

Wonder how that will be calculated for each individual school when so many are leaving at once.

It would appear that each school would be responisble only for its share of lost income that is attributable to the loss of that individual school. In reality, they would likely just split it equally. So even if the loss was 7 million over the 5 year period, the exit fee would not be 7 million+500K from each of 6 departing schools. It would be (7 million divided by 6) + 500K for each departing school.

(11-30-2012 01:20 PM)Attackcoog Wrote:  

(11-30-2012 01:15 PM)ESE84 Wrote:  

(11-30-2012 10:21 AM)eagleriffic Wrote:  In raising exit fees you would think USM, Marshall, UAB, Rice, Tulsa & UTEP would be against this. The new teams may go for it though.

This is a fascinating detail to me. As of the notice of withdrawal of Tulane and ECU, now only six schools are voting members? And these six are making all of the go forward decisions for C-USA?

The intrigue is endless. What if UTEP, Tulsa, Rice and USM are planning an exit to the MWC while they still control decision making in C-USA?

In that case, the leaving schools could dissolve the conference prior to accepting their invitations to the MW. That way there would be no exit fees and they would get to keep and NCAA credits they have coming (NCAA credits follw the school if the conference dissolves).

The likelihood of that seems high, if our assumptions are accurate.

If it doesn't happen, we're basically just selling out to a bunch of schools that want to ride our coattails up the ladder.

Oh...so now you Pirates want to revisit the how the value is calculated?