...which will be a nice windfall profit for those schools. However, for the sake of the conference, it would make sense to have all of the AAC share equally in the exit fees. Doing this will promote solidarity among the member schools, demonstrate a commitment by all schools to stick it out long term and develop trust among the schools. IMHO, this is needed for the long term success of the conference. If the 3 schools hoard all of that money, it will create divisions between the schools and demonstrate that some schools have zero loyalty to the conference.

But, if any or all three intend on leaving when the door opens, it'll fund their own exits.

Then I guess - it will be shared with the rest of the AAc.

I still think that it is wrong that Louisville and Rutgers aren't sharing in the exit fees of every program that left before them.

Sorry Miko fail here. It has been settled for months on who gets what. All involved are happy with the arrangement.

(07-28-2013 07:53 AM)ULdave Wrote:  I still think that it is wrong that Louisville and Rutgers aren't sharing in the exit fees of every program that left before them.

Where did it go ? WVU, TCU, Syracuse, Pitt left 1-2 years before Us so it should be there to help on our exit fees. If USF, Cincinnati and UConn get a cut of those and the UL, Rutgers,Boise, SDSU, ND exit fees on top of the other four schools fees, then somethings out of wack. They will also gain the entry fees from the Noobs as well.
Shouldnt that money be Escrowed over a period of time and left behind if any of those leave during that period ?
UL and Rutgers are entitled to the earlier exit fees as those were before they announced Their departures and are still in the "A" conference as well as paying the set exit fee.

the big east has roughly 70 mill in big east exit fees + 40 million in tourny payouts

syracuse/pitt are entitled to part of wvu/tcu exit fee

louisville/rutgers/and any member that joined before those schools split are entitled to part of syracuse/pitts/bsu/sdsu exit fee

the c7 are legally entitled to part of those exit fees as well

the football schools that left all gave up their claims to those exit fees in exchange for paying a lower exit fee.

the c7 settled for only taking 10 million in exchange for the name, msg, etc.

which leaves them with 100 mill.....but heres where things get tricky. about 10-15 mill goes to lawyers.

because the new members are getting a much lower tv contract than they were promised, the 4 remaining BE schools must give them part of the exit fees as compensation.

uconn/cincy/usf will still get a huge payday. but its not gonna be as big as people think

Apparently, the exit fees weren't distributed as conference revenue as they came in--they were instead kept in a "Realignment Reserve Fund." Why, I dunno--surprised me. The distribution of the RRF was settled between the holdover schools and incoming schools. Details unknown at this time.

(07-28-2013 08:09 AM)goodknightfl Wrote:  Sorry Miko fail here. It has been settled for months on who gets what. All involved are happy with the arrangement.

Agreed. Normally, i like Miko's posts. They usually are the best kind of trolls - clearly intended to antagonize but with enough of a dollop of uncomfortable truth to force a response from those with a stake in the issue even if they know he's just trying to get their goat.

But this issue really has been settled so nothing to stir up here.

(07-28-2013 07:38 AM)miko33 Wrote:  ...which will be a nice windfall profit for those schools. However, for the sake of the conference, it would make sense to have all of the AAC share equally in the exit fees. Doing this will promote solidarity among the member schools, demonstrate a commitment by all schools to stick it out long term and develop trust among the schools. IMHO, this is needed for the long term success of the conference. If the 3 schools hoard all of that money, it will create divisions between the schools and demonstrate that some schools have zero loyalty to the conference.

Your comments make no sense Miko. Should Texas share all it's profits with the Big 12 for solidarity? Should Ohio State, should Pitt. Cincinnati, USF and UConn are entitled because they were what was left of the conference at the time of the movement. The other schools such as UCF, SMU, Houston and Temple were not part of the Big East when the exits occurred. The amounts are significant and currently assisting Cincinnati to update it's football stadium and basketball arena that is in the works. Collectively, it will be over 20 million when one considers WVU, UL, Rutgers, Pitt and Cuse.

(07-28-2013 08:26 AM)johnbragg Wrote:  Apparently, the exit fees weren't distributed as conference revenue as they came in--they were instead kept in a "Realignment Reserve Fund." Why, I dunno--surprised me. The distribution of the RRF was settled between the holdover schools and incoming schools. Details unknown at this time.

Some of the schools got "installment" arrangements so the conference doesn't have all of the money. TCU and WVU have paid, but SU and Pitt are paying over time.

I realize that the decision was already made about how the exit fees are to be allocated. However, it is my opinion that it should be an equitable distribution based on what I think would be best for the conference moving forward. Still, Pitt and SU should be entitled to the exit fees from TCU and WVU because both were members of the conference when both schools left. I won't push that issue here, but it would have been the right thing to do.

This is not a troll. I never troll this board TBH. This is my viewpoint on what I think the ACC needs in order to get the membership to buy into the vision that Aresco and the most committed presidents have for the future of the AAC. There is still the vibe from the 3 schools - especially UCONN - that they would stab their partner's backs in a NY minute in order to leave their friends behind for a new conference. A demonstration of solidarity and teamwork would be very much needed and appreciated.

(07-28-2013 09:43 AM)bullet Wrote:  

(07-28-2013 08:26 AM)johnbragg Wrote:  Apparently, the exit fees weren't distributed as conference revenue as they came in--they were instead kept in a "Realignment Reserve Fund." Why, I dunno--surprised me. The distribution of the RRF was settled between the holdover schools and incoming schools. Details unknown at this time.

Some of the schools got "installment" arrangements so the conference doesn't have all of the money. TCU and WVU have paid, but SU and Pitt are paying over time.

True, but even the money that was collected apparently wasn't distributed as of last fall. Syracuse and Pitt sent partial payments with their notification to withdraw, West Virginia (and the Big 12) sent a big check in Jan/Feb 2012 when the lawsuit was settled, and then West Virginia's final Big East distribution went into the REalignment Reserve Fund. And TCU coughed up their $5M eventually, which went into the pot instead of being distributed.

Quote:Should Texas share all it's profits with the Big 12 for solidarity?

Wasn't part of the negotiations to stitch the Big 12 back together in the fall of 2011 that Texas and Oklahoma gave up unequal sharing of the Tier 1 money? That and firing Dan Beebe?

You mentioned Texas, so I thought I'd bring that up.

until they are sharing all their TV revenues the same way that the b10/sec do.....a conference cant say they have equal revenue sharing.

texas tech makes 3.3 mill a year on tier 3, texas makes 15 mill. anyone who thinks that isnt a problem is delusional

(07-28-2013 10:26 AM)john01992 Wrote:  until they are sharing all their TV revenues the same way that the b10/sec do.....a conference cant say they have equal revenue sharing.

texas tech makes 3.3 mill a year on tier 3, texas makes 15 mill. anyone who thinks that isnt a problem is delusional

But it's more equal than it was. 5 years or so ago, the Big 12 was getting I think $60M for Tier 1, and schools got a sizable bonus for appearing on national TV. So if Texas was on ABC/ESPN2 4 times, and Baylor was on 0 times, Texas got a much healthier check than Baylor.

Sharing Tier 1 equally is more equal than not sharing Tier 1 equally. Sharing everything equally would be more equal still. But there are degrees and levels of inequality.

The level of inequality between the B1G and SEC and the ACC and Big 12 is much less than the inequality between the BIG and SEC and the MAC and Sun Belt.

i fully support conferences giving equal treatment to all, however.....

1. these schools lost their conference, their rivalries, and did so in the most embarrassing way possible. i think they should be fully entitled to the big east "death will" which is their due inheritance. the rest of the aac is like their inlaws right now.

2. these schools will have to operate on a smaller budget going down the road. its not a question of wether or not they should have this money, but wether they NEED this money to stay at the same level of competitiveness that they currently are at.

3. these schools could of chose to not give them any of this money, but they already agreed to give them a pretty big chunk of it. theres no way they should be required to do it again.

Cincinnati, South Florida and Connecticut are more than welcome to Louisville's exit fee money. It was money spent that was well worth the results.

(07-28-2013 08:11 AM)john01992 Wrote:  the big east has roughly 70 mill in big east exit fees + 40 million in tourny payouts

syracuse/pitt are entitled to part of wvu/tcu exit fee

louisville/rutgers/and any member that joined before those schools split are entitled to part of syracuse/pitts/bsu/sdsu exit fee

the c7 are legally entitled to part of those exit fees as well

the football schools that left all gave up their claims to those exit fees in exchange for paying a lower exit fee.

the c7 settled for only taking 10 million in exchange for the name, msg, etc.

which leaves them with 100 mill.....but heres where things get tricky. about 10-15 mill goes to lawyers.

because the new members are getting a much lower tv contract than they were promised, the 4 remaining BE schools must give them part of the exit fees as compensation.

uconn/cincy/usf will still get a huge payday. but its not gonna be as big as people think

I don't think UConn/Cincy/USF owe any of that money to the incoming 4 schools. It was a long time ago that this was settled but I believe UConn/Cincy/USF are having the $100M paid out to them over 6 years so that they can ease the fall from BCS conference payout to the $2M that the AAC is paying. I don't remember any talk of the new 4 incoming schools getting a piece of the money or Cincy getting a big chunk all at once so that they could pour it into their stadium renovation. I'd look it up and post a link but I don't care that much about the issue.

(07-28-2013 10:51 AM)ChrisLords Wrote:  

(07-28-2013 08:11 AM)john01992 Wrote:  the big east has roughly 70 mill in big east exit fees + 40 million in tourny payouts

syracuse/pitt are entitled to part of wvu/tcu exit fee

louisville/rutgers/and any member that joined before those schools split are entitled to part of syracuse/pitts/bsu/sdsu exit fee

the c7 are legally entitled to part of those exit fees as well

the football schools that left all gave up their claims to those exit fees in exchange for paying a lower exit fee.

the c7 settled for only taking 10 million in exchange for the name, msg, etc.

which leaves them with 100 mill.....but heres where things get tricky. about 10-15 mill goes to lawyers.

because the new members are getting a much lower tv contract than they were promised, the 4 remaining BE schools must give them part of the exit fees as compensation.

uconn/cincy/usf will still get a huge payday. but its not gonna be as big as people think

I don't think UConn/Cincy/USF owe any of that money to the incoming 4 schools. It was a long time ago that this was settled but I believe UConn/Cincy/USF are having the $100M paid out to them over 6 years so that they can ease the fall from BCS conference payout to the $2M that the AAC is paying. I don't remember any talk of the new 4 incoming schools getting a piece of the money or Cincy getting a big chunk all at once so that they could pour it into their stadium renovation. I'd look it up and post a link but I don't care that much about the issue.

they gave a big chunk of it to the new members, im not sure if it was voluntarily or not, but it did indeed happen

(07-28-2013 08:10 AM)CardFan1 Wrote:  

(07-28-2013 07:53 AM)ULdave Wrote:  I still think that it is wrong that Louisville and Rutgers aren't sharing in the exit fees of every program that left before them.

Where did it go ? WVU, TCU, Syracuse, Pitt left 1-2 years before Us so it should be there to help on our exit fees. If USF, Cincinnati and UConn get a cut of those and the UL, Rutgers,Boise, SDSU, ND exit fees on top of the other four schools fees, then somethings out of wack. They will also gain the entry fees from the Noobs as well.
Shouldnt that money be Escrowed over a period of time and left behind if any of those leave during that period ?
UL and Rutgers are entitled to the earlier exit fees as those were before they announced Their departures and are still in the "A" conference as well as paying the set exit fee.

This is exactly why Rutgers sued the conference saying we don't owe exit fees. Or to break it down based on what's owed to us by ND, WVU, Cuse and Pitt's exit fees it should cancel out what we do owe. Same should be the case for UL.

(07-28-2013 11:46 AM)brista21 Wrote:  

(07-28-2013 08:10 AM)CardFan1 Wrote:  

(07-28-2013 07:53 AM)ULdave Wrote:  I still think that it is wrong that Louisville and Rutgers aren't sharing in the exit fees of every program that left before them.

Where did it go ? WVU, TCU, Syracuse, Pitt left 1-2 years before Us so it should be there to help on our exit fees. If USF, Cincinnati and UConn get a cut of those and the UL, Rutgers,Boise, SDSU, ND exit fees on top of the other four schools fees, then somethings out of wack. They will also gain the entry fees from the Noobs as well.
Shouldnt that money be Escrowed over a period of time and left behind if any of those leave during that period ?
UL and Rutgers are entitled to the earlier exit fees as those were before they announced Their departures and are still in the "A" conference as well as paying the set exit fee.

This is exactly why Rutgers sued the conference saying we don't owe exit fees. Or to break it down based on what's owed to us by ND, WVU, Cuse and Pitt's exit fees it should cancel out what we do owe. Same should be the case for UL.

can we start by mentioning which schools that left the BE didnt sue or get sued over the exit fee? because only syracuse did that. suing to get out of an exit fee is common practice at the d1 level