Holiday afternoon news dump:

Boise State, American Athletic Conference settle lawsuit

Quote:Boise State agreed to pay a negotiated exit fee of $2.3 million, according to documents obtained by the Idaho Statesman. The AAC was given $1.6 million earlier this week and will receive $140,000 per year for the next five years. Boise State earlier paid a $1.79 million exit fee to the Big West, where the schools other sports would have gone should football have left for the Big East/AAC. Most of the money for both exit fees will be covered by $3 million from the Mountain West, with the other $1.1 million coming from the national television bonuses Boise State receives. In November 2010 in a similar situation, TCU agreed to join the Big East in July 2012, but never actually was a member, choosing to join the Big 12 on that date instead. The Big East successfully sued for the full $5 million.

i may be wrong but is this the first case where a conference received less than a fixed $$$ exit fee amount?

(07-03-2014 08:47 PM)john01992 Wrote:  i may be wrong but is this the first case where a conference received less than a fixed $$$ exit fee amount?

The Big 12 always got less than list price, but their bylaws were written in crayon while everyone was drunk, apparently (one reading is that the exit fees would only apply every fifth year.)

All of a sudden the two rushed in mediation to get this settled - they signed on 6/30/14.

I wonder if all the talk of BYU and the American got Boise State saying well if they do add western partners, we better not have an outstanding lawsuit. It was quoted somewhere here in the past few weeks that Aresco responded to a question about talking with Boise State and he said something to the nature of why would we, they're suing us.

(07-03-2014 08:51 PM)johnbragg Wrote:  

(07-03-2014 08:47 PM)john01992 Wrote:  i may be wrong but is this the first case where a conference received less than a fixed $$$ exit fee amount?

The Big 12 always got less than list price, but their bylaws were written in crayon while everyone was drunk, apparently (one reading is that the exit fees would only apply every fifth year.)

the B12 did not have a fixed $$$ amount exit fee. they were % of revenue fees.

(07-03-2014 08:47 PM)john01992 Wrote:  i may be wrong but is this the first case where a conference received less than a fixed $$$ exit fee amount?

Boise may also have had the only case where there were conditions for them joining a conference that were not met. The AAC also probably took into consideration the Big West situation. In total, Boise paid about $4 million to stay put. Seems fair and the AAC and Boise think it is, so.......

(07-03-2014 09:05 PM)john01992 Wrote:  

(07-03-2014 08:51 PM)johnbragg Wrote:  

(07-03-2014 08:47 PM)john01992 Wrote:  i may be wrong but is this the first case where a conference received less than a fixed $$$ exit fee amount?

The Big 12 always got less than list price, but their bylaws were written in crayon while everyone was drunk, apparently (one reading is that the exit fees would only apply every fifth year.)

the B12 did not have a fixed $$$ amount exit fee. they were % of revenue fees.

But as far as I remember, everybody paid way less than the % of revenue fees they were supposed to have, largely because the bylaws were so sloppily written that no one could predict what a judge would rule if you went to court.

(07-03-2014 08:45 PM)Wedge Wrote:  Holiday afternoon news dump:

Boise State, American Athletic Conference settle lawsuit

Quote:Boise State agreed to pay a negotiated exit fee of $2.3 million, according to documents obtained by the Idaho Statesman. The AAC was given $1.6 million earlier this week and will receive $140,000 per year for the next five years. Boise State earlier paid a $1.79 million exit fee to the Big West, where the schools other sports would have gone should football have left for the Big East/AAC. Most of the money for both exit fees will be covered by $3 million from the Mountain West, with the other $1.1 million coming from the national television bonuses Boise State receives. In November 2010 in a similar situation, TCU agreed to join the Big East in July 2012, but never actually was a member, choosing to join the Big 12 on that date instead. The Big East successfully sued for the full $5 million.

"Successfully sued" is a bit deceptive. While the Big East did sue TCU, it was an unnecessary legal expense for the league, as TCU intended to pay the full amount all along. We were surprised when the lawsuit was filed. I think it was a symptom of the litigious nature of the conference moves. We wanted the simplest and least contentious exit possible and that was paying the full amount if our exit fee without a drawn out lawsuit. I think we may have been the only one to pay the full exit fee because we had no intention of fighting it.

Took 'em long enough.

(07-03-2014 09:45 PM)johnbragg Wrote:  

(07-03-2014 09:05 PM)john01992 Wrote:  

(07-03-2014 08:51 PM)johnbragg Wrote:  

(07-03-2014 08:47 PM)john01992 Wrote:  i may be wrong but is this the first case where a conference received less than a fixed $$$ exit fee amount?

The Big 12 always got less than list price, but their bylaws were written in crayon while everyone was drunk, apparently (one reading is that the exit fees would only apply every fifth year.)

the B12 did not have a fixed $$$ amount exit fee. they were % of revenue fees.

But as far as I remember, everybody paid way less than the % of revenue fees they were supposed to have, largely because the bylaws were so sloppily written that no one could predict what a judge would rule if you went to court.

i stand corrected. the fixed $$$ exit fees ==> the ones that say you must pay exactly XXX million to leave, have never been broken until now.

(07-03-2014 10:20 PM)john01992 Wrote:  

(07-03-2014 09:45 PM)johnbragg Wrote:  

(07-03-2014 09:05 PM)john01992 Wrote:  

(07-03-2014 08:51 PM)johnbragg Wrote:  

(07-03-2014 08:47 PM)john01992 Wrote:  i may be wrong but is this the first case where a conference received less than a fixed $$$ exit fee amount?

The Big 12 always got less than list price, but their bylaws were written in crayon while everyone was drunk, apparently (one reading is that the exit fees would only apply every fifth year.)

the B12 did not have a fixed $$$ amount exit fee. they were % of revenue fees.

But as far as I remember, everybody paid way less than the % of revenue fees they were supposed to have, largely because the bylaws were so sloppily written that no one could predict what a judge would rule if you went to court.

i stand corrected. the fixed $$$ exit fees ==> the ones that say you must pay exactly XXX million to leave, have never been broken until now.

What was the language of Boise St agreement with the AAC? Can you provide me the terms? The AAC provides Boise a proper and people want to twist it. Oh well, I sure hope the ACC learns something from this.

(07-03-2014 11:28 PM)Dasville Wrote:  

(07-03-2014 10:20 PM)john01992 Wrote:  

(07-03-2014 09:45 PM)johnbragg Wrote:  

(07-03-2014 09:05 PM)john01992 Wrote:  

(07-03-2014 08:51 PM)johnbragg Wrote:  The Big 12 always got less than list price, but their bylaws were written in crayon while everyone was drunk, apparently (one reading is that the exit fees would only apply every fifth year.)

the B12 did not have a fixed $$$ amount exit fee. they were % of revenue fees.

But as far as I remember, everybody paid way less than the % of revenue fees they were supposed to have, largely because the bylaws were so sloppily written that no one could predict what a judge would rule if you went to court.

i stand corrected. the fixed $$$ exit fees ==> the ones that say you must pay exactly XXX million to leave, have never been broken until now.

What was the language of Boise St agreement with the AAC? Can you provide me the terms? The AAC provides Boise a proper and people want to twist it. Oh well, I sure hope the ACC learns something from this.

i am 90% sure that the only term was a western travel partner west of a specific longitude. i don't know what the specific longitude was but SDSU obviously fits the criteria.

(07-03-2014 11:31 PM)john01992 Wrote:  

(07-03-2014 11:28 PM)Dasville Wrote:  

(07-03-2014 10:20 PM)john01992 Wrote:  

(07-03-2014 09:45 PM)johnbragg Wrote:  

(07-03-2014 09:05 PM)john01992 Wrote:  the B12 did not have a fixed $$$ amount exit fee. they were % of revenue fees.

But as far as I remember, everybody paid way less than the % of revenue fees they were supposed to have, largely because the bylaws were so sloppily written that no one could predict what a judge would rule if you went to court.

i stand corrected. the fixed $$$ exit fees ==> the ones that say you must pay exactly XXX million to leave, have never been broken until now.

What was the language of Boise St agreement with the AAC? Can you provide me the terms? The AAC provides Boise a proper and people want to twist it. Oh well, I sure hope the ACC learns something from this.

i am 90% sure that the only term was a western travel partner west of a specific longitude. i don't know what the specific longitude was but SDSU obviously fits the criteria.

Seems like I remember rumors of 80% football and 20% basketball TV deal. Your 90% is probably better than my 80% recollection.

Didn't the AAC require Boise St other sports to join a different conference?

(07-03-2014 11:38 PM)Dasville Wrote:  

(07-03-2014 11:31 PM)john01992 Wrote:  

(07-03-2014 11:28 PM)Dasville Wrote:  

(07-03-2014 10:20 PM)john01992 Wrote:  

(07-03-2014 09:45 PM)johnbragg Wrote:  But as far as I remember, everybody paid way less than the % of revenue fees they were supposed to have, largely because the bylaws were so sloppily written that no one could predict what a judge would rule if you went to court.

i stand corrected. the fixed $$$ exit fees ==> the ones that say you must pay exactly XXX million to leave, have never been broken until now.

What was the language of Boise St agreement with the AAC? Can you provide me the terms? The AAC provides Boise a proper and people want to twist it. Oh well, I sure hope the ACC learns something from this.

i am 90% sure that the only term was a western travel partner west of a specific longitude. i don't know what the specific longitude was but SDSU obviously fits the criteria.

Seems like I remember rumors of 80% football and 20% basketball TV deal. Your 90% is probably better than my 80% recollection.

Didn't the AAC require Boise St other sports to join a different conference?

it was a FB only deal. BSU may have gotten screwed in the deal. but a contract is still a contract.

(07-03-2014 11:41 PM)john01992 Wrote:  

(07-03-2014 11:38 PM)Dasville Wrote:  

(07-03-2014 11:31 PM)john01992 Wrote:  

(07-03-2014 11:28 PM)Dasville Wrote:  

(07-03-2014 10:20 PM)john01992 Wrote:  i stand corrected. the fixed $$$ exit fees ==> the ones that say you must pay exactly XXX million to leave, have never been broken until now.

What was the language of Boise St agreement with the AAC? Can you provide me the terms? The AAC provides Boise a proper and people want to twist it. Oh well, I sure hope the ACC learns something from this.

i am 90% sure that the only term was a western travel partner west of a specific longitude. i don't know what the specific longitude was but SDSU obviously fits the criteria.

Seems like I remember rumors of 80% football and 20% basketball TV deal. Your 90% is probably better than my 80% recollection.

Didn't the AAC require Boise St other sports to join a different conference?

it was a FB only deal. BSU may have gotten screwed in the deal. but a contract is still a contract.

Agree totally!

Now what was the exact contract?

(07-03-2014 11:46 PM)Dasville Wrote:  

(07-03-2014 11:41 PM)john01992 Wrote:  

(07-03-2014 11:38 PM)Dasville Wrote:  

(07-03-2014 11:31 PM)john01992 Wrote:  

(07-03-2014 11:28 PM)Dasville Wrote:  What was the language of Boise St agreement with the AAC? Can you provide me the terms? The AAC provides Boise a proper and people want to twist it. Oh well, I sure hope the ACC learns something from this.

i am 90% sure that the only term was a western travel partner west of a specific longitude. i don't know what the specific longitude was but SDSU obviously fits the criteria.

Seems like I remember rumors of 80% football and 20% basketball TV deal. Your 90% is probably better than my 80% recollection.

Didn't the AAC require Boise St other sports to join a different conference?

it was a FB only deal. BSU may have gotten screwed in the deal. but a contract is still a contract.

Agree totally!

Now what was the exact contract?

$5 million exit fee for TCU & BSU

(07-03-2014 11:53 PM)john01992 Wrote:  

(07-03-2014 11:46 PM)Dasville Wrote:  

(07-03-2014 11:41 PM)john01992 Wrote:  

(07-03-2014 11:38 PM)Dasville Wrote:  

(07-03-2014 11:31 PM)john01992 Wrote:  i am 90% sure that the only term was a western travel partner west of a specific longitude. i don't know what the specific longitude was but SDSU obviously fits the criteria.

Seems like I remember rumors of 80% football and 20% basketball TV deal. Your 90% is probably better than my 80% recollection.

Didn't the AAC require Boise St other sports to join a different conference?

it was a FB only deal. BSU may have gotten screwed in the deal. but a contract is still a contract.

Agree totally!

Now what was the exact contract?

$5 million exit fee for TCU & BSU

http://espn.go.com/college-sports/story/...erence-all

from the link:

Quote:Although Boise State never spent a day in the Big East, the Broncos still must pay a $5 million exit fee to the Big East, though Boise State officials said there are contract provisions that could lower that amount.

and here you have it:

http://www.utsandiego.com/news/2012/nov/...d-sdsus-b/

From the link:


But also at play is the Big East’s ongoing quest to negotiate a new media rights agreement. The league’s current six-year, $200 million contract with ESPN/ABC expires in December 2013. The Aztecs’ and Broncos’ exit fee drops to $1 million if the Big East’s revenue decreases by 25 percent compared to the prior fiscal year, or if the conference loses its “automatic qualifier” status in the BCS system. The exit fee is halved to $2.5 million if the new television contract allocates less than 70 percent of proceeds to football-playing members.



I guess the AAC picked up the lawyer fees in consideration of the Big West exit fee even though it had nothing to do with them..

It's kind of sh!tty that a state institution can f!ck around and blow millions like that. I'd like to know where the money is going to come from, considering that I pay taxes in this state.

(07-04-2014 01:55 AM)dmacfour Wrote:  It's kind of sh!tty that a state institution can f!ck around and blow millions like that. I'd like to know where the money is going to come from, considering that I pay taxes in this state.

The Mountain West is paying for $3-million of Boise State's exit fees, while the Broncos are on the hook for the rest - that means most of the money is coming out of the pockets of the other schools! So just like the new media deal the conference signed to get Boise State to stay, the rest of the conference takes it on the chin for Boise.

Three million is a lot, when you consider San Diego State only made $3.32-million in TOTAL from the MWC last year -- thats including media, BCS football money, Bowl winnings, MW Tourney money, NCAA credit money, and all other reinbursements. The breakdown is at the bottom of this article about Aztecs MW payout and Bowl losses.