Hello There, Guest! (LoginRegister)

Post Reply 
Big East committed Fraud
Author Message
CougarRed Offline
Hall of Famer
*

Posts: 11,450
Joined: Feb 2006
Reputation: 429
I Root For: Houston
Location:
Post: #1
Big East committed Fraud
Jurich gives notice in October of 2011. He says even if the Big 12 chooses West Virginia, Louisville will leave in 2014.

Marinatto and Genshaft try to change his mind and cannot. So they ask him NOT to file a written notice as it would be discoverable under FOIA. They worried what the disclosure would do to the Big East's stability.

Jurich agrees, but verbally tells other current Big East ADs

Two months later, like 5 bumps on a log, Houston, UCF, SMU, Boise and SDSU accept an invitation to join the Big East.

IF WE DID NOT KNOW THAT:

1. Louisville was leaving, and
2. All the other Big East schools KNEW that Louisville was leaving

I'm not sure we would have signed an agreement that looked like this:

1. Entry fee of $2.5M
2. $5M exit fee if we did not join the Big East by July 2013
3. $10M exit fee once we joined the league officially

Hell, the Big East needed us to survive at that point. Plus, we were obviously under a false impression of the TV value of the league. And a false impression of the stability of the league.

We could have negotiated a sweetheart deal had we known all the facts, including:

1. A much smaller entry fee, and
2. A lion's share of the Big East exit fees from schools like WVa, Pitt, Syracuse and Louisville.
(This post was last modified: 11-13-2013 04:21 PM by CougarRed.)
11-13-2013 04:14 PM
Find all posts by this user Quote this message in a reply
Advertisement


Attackcoog Offline
Moderator
*

Posts: 44,887
Joined: Oct 2011
Reputation: 2886
I Root For: Houston
Location:
Post: #2
RE: Big East committed Fraud
(11-13-2013 04:14 PM)CougarRed Wrote:  Jurich gives notice in October of 2011. He says even if the Big 12 chooses West Virginia, Louisville will leave in 2014.

Marinatto and Genshaft try to change his mind and cannot. So they ask him NOT to file a written notice as it would be discoverable under FOIA. They worried what the disclosure would do to the Big East's stability.

Jurich agrees, but verbally tells other current Big East ADs

Two months later, like 5 bumps on a log, Houston, UCF, SMU, Boise and SDSU accept an invitation to join the Big East.

IF WE DID NOT KNOW THAT:

1. Louisville was leaving, and
2. All the other Big East schools KNEW that Louisville was leaving

I'm not sure we would have signed an agreement that looked like this:

1. Entry fee of $2.5M
2. $5M exit fee if we did not join the Big East by July 2013
3. $10M exit fee once we joined the league officially

Hell, the Big East needed us to survive at that point. We could have negotiated a sweetheart deal had we known all the facts, including:

1. A much smaller entry fee, and
2. A lion's share of the Big East exit fees from schools like WVa, Pitt, Syracuse and ND

If accurate, this might be why the newbies are actually getting realignment fund money. Technically, the new schools wouldn't be in line to receive anything from that fund.
(This post was last modified: 11-13-2013 04:23 PM by Attackcoog.)
11-13-2013 04:23 PM
Find all posts by this user Quote this message in a reply
Cubanbull Offline
Hall of Famer
*

Posts: 22,617
Joined: May 2002
Reputation: 392
I Root For:
Location:
Post: #3
RE: Big East committed Fraud
(11-13-2013 04:23 PM)Attackcoog Wrote:  
(11-13-2013 04:14 PM)CougarRed Wrote:  Jurich gives notice in October of 2011. He says even if the Big 12 chooses West Virginia, Louisville will leave in 2014.

Marinatto and Genshaft try to change his mind and cannot. So they ask him NOT to file a written notice as it would be discoverable under FOIA. They worried what the disclosure would do to the Big East's stability.

Jurich agrees, but verbally tells other current Big East ADs

Two months later, like 5 bumps on a log, Houston, UCF, SMU, Boise and SDSU accept an invitation to join the Big East.

IF WE DID NOT KNOW THAT:

1. Louisville was leaving, and
2. All the other Big East schools KNEW that Louisville was leaving

I'm not sure we would have signed an agreement that looked like this:

1. Entry fee of $2.5M
2. $5M exit fee if we did not join the Big East by July 2013
3. $10M exit fee once we joined the league officially

Hell, the Big East needed us to survive at that point. We could have negotiated a sweetheart deal had we known all the facts, including:

1. A much smaller entry fee, and
2. A lion's share of the Big East exit fees from schools like WVa, Pitt, Syracuse and ND

If accurate, this might be why the newbies are actually getting realignment fund money. Technically, the new schools wouldn't be in line to receive anything from that fund.

Correct the 60-40 breakdown was not the original plan. As I showed in the other tread the newcomers will make around 6 million a year or more going forward between tv,bowl, basketball units and exit fees that's still better than they were making in CUSA or had they gone to MWC
(This post was last modified: 11-13-2013 04:26 PM by Cubanbull.)
11-13-2013 04:24 PM
Find all posts by this user Quote this message in a reply
UofMemphis Away
Official MT.org Ambassador of Smack
*

Posts: 48,833
Joined: Mar 2004
Reputation: 1138
I Root For: Univ of Memphis
Location: Memphis (Berclair)

Donators
Post: #4
RE: Big East committed Fraud
(11-13-2013 04:23 PM)Attackcoog Wrote:  
(11-13-2013 04:14 PM)CougarRed Wrote:  Jurich gives notice in October of 2011. He says even if the Big 12 chooses West Virginia, Louisville will leave in 2014.

Marinatto and Genshaft try to change his mind and cannot. So they ask him NOT to file a written notice as it would be discoverable under FOIA. They worried what the disclosure would do to the Big East's stability.

Jurich agrees, but verbally tells other current Big East ADs

Two months later, like 5 bumps on a log, Houston, UCF, SMU, Boise and SDSU accept an invitation to join the Big East.

IF WE DID NOT KNOW THAT:

1. Louisville was leaving, and
2. All the other Big East schools KNEW that Louisville was leaving

I'm not sure we would have signed an agreement that looked like this:

1. Entry fee of $2.5M
2. $5M exit fee if we did not join the Big East by July 2013
3. $10M exit fee once we joined the league officially

Hell, the Big East needed us to survive at that point. We could have negotiated a sweetheart deal had we known all the facts, including:

1. A much smaller entry fee, and
2. A lion's share of the Big East exit fees from schools like WVa, Pitt, Syracuse and ND

If accurate, this might be why the newbies are actually getting realignment fund money. Technically, the new schools wouldn't be in line to receive anything from that fund.

Exactly...
11-13-2013 04:26 PM
Visit this user's website Find all posts by this user Quote this message in a reply
BullsFanInTX Offline
Hall of Famer
*

Posts: 10,485
Joined: May 2008
Reputation: 338
I Root For: USF
Location:
Post: #5
RE: Big East committed Fraud
Don't really see it. Louisville had given verbal notice, but it was more of a hope than anything. They had no invite, and if RU and Maryland don't leave, there is no more openings. Louisville could have very well been stuck in the BE past 27 months if there hadn't been further shakeups, in which case he would have had to rescind his termination notice.
11-13-2013 04:28 PM
Find all posts by this user Quote this message in a reply
Cubanbull Offline
Hall of Famer
*

Posts: 22,617
Joined: May 2002
Reputation: 392
I Root For:
Location:
Post: #6
RE: Big East committed Fraud
(11-13-2013 04:28 PM)BullsFanInTX Wrote:  Don't really see it. Louisville had given verbal notice, but it was more of a hope than anything. They had no invite, and if RU and Maryland don't leave, there is no more openings. Louisville could have very well been stuck in the BE past 27 months if there hadn't been further shakeups, in which case he would have had to rescind his termination notice.

He took a gamble and paid off. If no invite came he knew the AAC would had gladly rescinded that letter and welcomed them back
11-13-2013 04:29 PM
Find all posts by this user Quote this message in a reply
Advertisement


firmbizzle Offline
Hall of Famer
*

Posts: 20,447
Joined: Jul 2008
Reputation: 442
I Root For: UF, UCF
Location:
Post: #7
RE: Big East committed Fraud
Yes!!! Sue them!
11-13-2013 04:32 PM
Find all posts by this user Quote this message in a reply
Attackcoog Offline
Moderator
*

Posts: 44,887
Joined: Oct 2011
Reputation: 2886
I Root For: Houston
Location:
Post: #8
RE: Big East committed Fraud
(11-13-2013 04:28 PM)BullsFanInTX Wrote:  Don't really see it. Louisville had given verbal notice, but it was more of a hope than anything. They had no invite, and if RU and Maryland don't leave, there is no more openings. Louisville could have very well been stuck in the BE past 27 months if there hadn't been further shakeups, in which case he would have had to rescind his termination notice.

The way they article reads, they were leaving regardless. My guess is that they knew the Big East basketball schools were leaving. If no P-5 offer came, Jurichs emergency backup plan was probably to join the new C-7 basketball league and go indy for football.
(This post was last modified: 11-13-2013 04:45 PM by Attackcoog.)
11-13-2013 04:35 PM
Find all posts by this user Quote this message in a reply
CommuterBob Offline
Head Tailgater
*

Posts: 5,840
Joined: Feb 2012
Reputation: 173
I Root For: UCF, Ohio State
Location:
Post: #9
RE: Big East committed Fraud
It was a verbal notice (and probably open-ended, as they had no prescribed date to leave the conference at the time - they were hoping for 2012, but in the end it turned out to be 2014), not the formal written notice as required by the bylaws. In the grand scheme of things, the verbal notice meant little. Louisville still had to pay more than the prescribed exit fee. If Louisville had given the proper written notice on October 13, 2011 to leave on June 30, 2014, they would have been on the hook for only $5M as an exit fee and would not have needed to be voted out of the conference. Instead, they pay more than the prescribed $10M exit fee to "leave one year early," meaning they still didn't provide the formal written notice until November 2012 when they go the ACC invite.

This is such a non-story, other than it shows that Louisville was being upfront about the process the whole time. Kudos to them for their transparency, though.
11-13-2013 04:38 PM
Find all posts by this user Quote this message in a reply
Wilkie01 Offline
Cards Prognosticater
Jersey Retired

Posts: 26,753
Joined: Mar 2004
Reputation: 1072
I Root For: Louisville
Location: Planet Red
Post: #10
RE: Big East committed Fraud
(11-13-2013 04:35 PM)Attackcoog Wrote:  
(11-13-2013 04:28 PM)BullsFanInTX Wrote:  Don't really see it. Louisville had given verbal notice, but it was more of a hope than anything. They had no invite, and if RU and Maryland don't leave, there is no more openings. Louisville could have very well been stuck in the BE past 27 months if there hadn't been further shakeups, in which case he would have had to rescind his termination notice.

The way they article reads, they were leaving regardless. My guess is that they knew the Big East basketball schools were leaving. In no P-5 offer came, Jurichs emergency backup plan was probably to join the new C-7 basketball league and go indy for football.

Spot on! 04-cheers
11-13-2013 04:43 PM
Find all posts by this user Quote this message in a reply
HartfordHusky Offline
1st String
*

Posts: 1,984
Joined: Mar 2013
Reputation: 72
I Root For: UCONN
Location:
Post: #11
RE: Big East committed Fraud
(11-13-2013 04:43 PM)Wilkie01 Wrote:  
(11-13-2013 04:35 PM)Attackcoog Wrote:  
(11-13-2013 04:28 PM)BullsFanInTX Wrote:  Don't really see it. Louisville had given verbal notice, but it was more of a hope than anything. They had no invite, and if RU and Maryland don't leave, there is no more openings. Louisville could have very well been stuck in the BE past 27 months if there hadn't been further shakeups, in which case he would have had to rescind his termination notice.

The way they article reads, they were leaving regardless. My guess is that they knew the Big East basketball schools were leaving. In no P-5 offer came, Jurichs emergency backup plan was probably to join the new C-7 basketball league and go indy for football.

Spot on! 04-cheers

If that was UofL's plan than it should probably have been UConn's as well. UofL is clearly better at strategic thinking.
11-13-2013 04:46 PM
Find all posts by this user Quote this message in a reply
Advertisement


bearcatfan Offline
Hall of Famer
*

Posts: 19,524
Joined: Jun 2004
Reputation: 195
I Root For: The Bearcats!
Location:
Post: #12
RE: Big East committed Fraud
Isn't college football great! The more this nonsense goes on the more I start to dislike it.
(This post was last modified: 11-13-2013 04:47 PM by bearcatfan.)
11-13-2013 04:46 PM
Find all posts by this user Quote this message in a reply
Attackcoog Offline
Moderator
*

Posts: 44,887
Joined: Oct 2011
Reputation: 2886
I Root For: Houston
Location:
Post: #13
RE: Big East committed Fraud
(11-13-2013 04:38 PM)CommuterBob Wrote:  It was a verbal notice (and probably open-ended, as they had no prescribed date to leave the conference at the time - they were hoping for 2012, but in the end it turned out to be 2014), not the formal written notice as required by the bylaws. In the grand scheme of things, the verbal notice meant little. Louisville still had to pay more than the prescribed exit fee. If Louisville had given the proper written notice on October 13, 2011 to leave on June 30, 2014, they would have been on the hook for only $5M as an exit fee and would not have needed to be voted out of the conference. Instead, they pay more than the prescribed $10M exit fee to "leave one year early," meaning they still didn't provide the formal written notice until November 2012 when they go the ACC invite.

This is such a non-story, other than it shows that Louisville was being upfront about the process the whole time. Kudos to them for their transparency, though.

Interesting point. If the notice in October of 2011 counted, then 27 months would have elapsed by Jan 2014---meaning they would not be leaving early at all if they join the ACC in July of 2014.
(This post was last modified: 11-13-2013 04:51 PM by Attackcoog.)
11-13-2013 04:51 PM
Find all posts by this user Quote this message in a reply
adcorbett Offline
This F'n Guy
*

Posts: 14,325
Joined: Mar 2010
Reputation: 368
I Root For: Louisville
Location: Cybertron
Post: #14
RE: Big East committed Fraud
(11-13-2013 04:14 PM)CougarRed Wrote:  Two months later, like 5 bumps on a log, Houston, UCF, SMU, Boise and SDSU accept an invitation to join the Big East.

IF WE DID NOT KNOW THAT:

1. Louisville was leaving, and
2. All the other Big East schools KNEW that Louisville was leaving

Every single team KNEW of Louisville's plans. For that matter, many of them had many of the same plans. How did they commit fraud? Did you read that the President of UCF was one of the people who were told? On top of that, while I had forgotten about it, it was not a secret. If you go back in the archives on the realignment board, you can see that it was mentioned on here back then, so it's not as though everyone didn't know Louisville intended to leave. Anyone remember John Marrinatto kept saying "Tom Jurich is my hero?" That is what he was talking about. He even said so, that it was because Jurich was open and honest about Louisville's plans and not doing it "behind our back" like some of the other schools.

The lack of a written offer was not to pull the wool over the eyes of the incoming members who ALL knew of Louisville's plans. It was so that it did not affect the Big East when they were shopping for a TV deal, and people speculating on further realignment.

This thread is a non-issue.
(This post was last modified: 11-13-2013 04:57 PM by adcorbett.)
11-13-2013 04:56 PM
Visit this user's website Find all posts by this user Quote this message in a reply
Kittonhead Offline
Hall of Famer
*

Posts: 10,000
Joined: Jun 2013
Reputation: 122
I Root For: Beat Matisse
Location:
Post: #15
RE: Big East committed Fraud
(11-13-2013 04:29 PM)Cubanbull Wrote:  
(11-13-2013 04:28 PM)BullsFanInTX Wrote:  Don't really see it. Louisville had given verbal notice, but it was more of a hope than anything. They had no invite, and if RU and Maryland don't leave, there is no more openings. Louisville could have very well been stuck in the BE past 27 months if there hadn't been further shakeups, in which case he would have had to rescind his termination notice.

He took a gamble and paid off. If no invite came he knew the AAC would had gladly rescinded that letter and welcomed them back

Louisville's withdraw also came a few weeks after Pittsburgh/Syracuse moved to the ACC. That sounds like it was the deal breaker for Louisville.

http://www.nj.com/rutgersfootball/index....e_big.html

Had Rutgers not received the call to the B1G you have to wonder what the league could have been.

East: UConn, Temple, Cincinnati, Rutgers, Navy, UCF, USF
West: Memphis, Houston, SMU, Boise, SDSU, BYU, AFA
11-13-2013 04:58 PM
Find all posts by this user Quote this message in a reply
CougarRed Offline
Hall of Famer
*

Posts: 11,450
Joined: Feb 2006
Reputation: 429
I Root For: Houston
Location:
Post: #16
RE: Big East committed Fraud
(11-13-2013 04:56 PM)adcorbett Wrote:  
(11-13-2013 04:14 PM)CougarRed Wrote:  Two months later, like 5 bumps on a log, Houston, UCF, SMU, Boise and SDSU accept an invitation to join the Big East.

IF WE DID NOT KNOW THAT:

1. Louisville was leaving, and
2. All the other Big East schools KNEW that Louisville was leaving

Every single team KNEW of Louisville's plans. For that matter, many of them had many of the same plans. How did they commit fraud? Did you read that the President of UCF was one of the people who were told?

No. I missed that.

Please copy and past the part of the article that says UCF was told of Louisville's withdrawal notice before UCF accepted the Big East invitation in December 2011.
(This post was last modified: 11-13-2013 05:02 PM by CougarRed.)
11-13-2013 05:02 PM
Find all posts by this user Quote this message in a reply
Advertisement


CitrusUCF Offline
Heisman
*

Posts: 7,697
Joined: Jan 2008
Reputation: 314
I Root For: UCF/Tulsa
Location:
Post: #17
RE: Big East committed Fraud
Personally I think the new schools should use our numbers to force a cancellation of our entry fees (entry into a shell of what we signed up for by and through the mismanagement of the existing schools) and force a redistribution of the exit fees/sale of the BE name fees to be equal for all members. If USF, Cincy, and UConn don't like it, they can join the MAC. Tulane, Tulsa, and ECU should get a share as well.
11-13-2013 05:03 PM
Find all posts by this user Quote this message in a reply
CougarRed Offline
Hall of Famer
*

Posts: 11,450
Joined: Feb 2006
Reputation: 429
I Root For: Houston
Location:
Post: #18
RE: Big East committed Fraud
(11-13-2013 04:35 PM)Attackcoog Wrote:  
(11-13-2013 04:28 PM)BullsFanInTX Wrote:  Don't really see it. Louisville had given verbal notice, but it was more of a hope than anything. They had no invite, and if RU and Maryland don't leave, there is no more openings. Louisville could have very well been stuck in the BE past 27 months if there hadn't been further shakeups, in which case he would have had to rescind his termination notice.

The way they article reads, they were leaving regardless. My guess is that they knew the Big East basketball schools were leaving. If no P-5 offer came, Jurichs emergency backup plan was probably to join the new C-7 basketball league and go indy for football.

So now Louisville AND the C7 were planning to leave in October 2011.

The prospective candidates really needed to know this, don't you think?
11-13-2013 05:04 PM
Find all posts by this user Quote this message in a reply
adcorbett Offline
This F'n Guy
*

Posts: 14,325
Joined: Mar 2010
Reputation: 368
I Root For: Louisville
Location: Cybertron
Post: #19
RE: Big East committed Fraud
(11-13-2013 05:02 PM)CougarRed Wrote:  Please copy and past the part of the article that says UCF was told of Louisville's withdrawal notice before UCF accepted the Big East invitation in December 2011.

It is not even necessary because EVERYONE within the conference knew of it. Both the current members AND the future members. It was well covered on this very board, and we knew, and the commissioner spoke about it several times, so how on earth would the new members not know? Unless YOU have a link from someone at one of the new schools who says they were blindsided by this, this is a non-issue.
11-13-2013 05:14 PM
Visit this user's website Find all posts by this user Quote this message in a reply
CitrusUCF Offline
Heisman
*

Posts: 7,697
Joined: Jan 2008
Reputation: 314
I Root For: UCF/Tulsa
Location:
Post: #20
RE: Big East committed Fraud
As I recall it, everyone knew Louisville was looking. No one knew that Louisville had given notice, and then been asked to not provide written notice, that they were actually withdrawing from the conference as required under the bylaws.
11-13-2013 05:17 PM
Find all posts by this user Quote this message in a reply
Post Reply 




User(s) browsing this thread: 1 Guest(s)


Copyright © 2002-2024 Collegiate Sports Nation Bulletin Board System (CSNbbs), All Rights Reserved.
CSNbbs is an independent fan site and is in no way affiliated to the NCAA or any of the schools and conferences it represents.
This site monetizes links. FTC Disclosure.
We allow third-party companies to serve ads and/or collect certain anonymous information when you visit our web site. These companies may use non-personally identifiable information (e.g., click stream information, browser type, time and date, subject of advertisements clicked or scrolled over) during your visits to this and other Web sites in order to provide advertisements about goods and services likely to be of greater interest to you. These companies typically use a cookie or third party web beacon to collect this information. To learn more about this behavioral advertising practice or to opt-out of this type of advertising, you can visit http://www.networkadvertising.org.
Powered By MyBB, © 2002-2024 MyBB Group.