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Eaglefan9 Offline
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Post: #1
Teams that left
I know this is an old topic, but I missed the boat. How much was C-USA compensated in exit fees and/or NCAA credits from the teams that left ? How much did we get per team if that can be provided ?
08-12-2014 02:33 AM
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AndreWhere Offline
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Post: #2
RE: Teams that left
Not enough.
08-12-2014 06:47 AM
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uhcoog27 Offline
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Post: #3
RE: Teams that left
CUSA reported $36 million in exit fees on its tax return. So each departing school paid around six million. I think the first wave paid a little less (fee was raised subsequently). There are now 14 schools in CUSA. That would be $2.5 million each school keeps, theoretically, except headquarters held a bunch back in reserve for future marketing expenses. I've heard each athletic department will pocket around $1.5 million when all is said and done.
08-12-2014 08:07 AM
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Niner National Offline
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Post: #4
RE: Teams that left
(08-12-2014 08:07 AM)uhcoog27 Wrote:  CUSA reported $36 million in exit fees on its tax return. So each departing school paid around six million. I think the first wave paid a little less (fee was raised subsequently). There are now 14 schools in CUSA. That would be $2.5 million each school keeps, theoretically, except headquarters held a bunch back in reserve for future marketing expenses. I've heard each athletic department will pocket around $1.5 million when all is said and done.

Each team shouldn't get an equal amount. Rice, USM, and UTEP should get to keep the lions share of that money.

Charlotte, ODU, FIU, UNT, and La Tech should get to keep money from ECU and Tulsa leaving (maybe MT and FAU too, I can't remember the timeline when they were invited). WKU should get nothing because they were invited after all of the departures.
08-12-2014 08:17 AM
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uhcoog27 Offline
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RE: Teams that left
(08-12-2014 08:17 AM)Niner National Wrote:  
(08-12-2014 08:07 AM)uhcoog27 Wrote:  CUSA reported $36 million in exit fees on its tax return. So each departing school paid around six million. I think the first wave paid a little less (fee was raised subsequently). There are now 14 schools in CUSA. That would be $2.5 million each school keeps, theoretically, except headquarters held a bunch back in reserve for future marketing expenses. I've heard each athletic department will pocket around $1.5 million when all is said and done.

Each team shouldn't get an equal amount. Rice, USM, and UTEP should get to keep the lions share of that money.

Charlotte, ODU, FIU, UNT, and La Tech should get to keep money from ECU and Tulsa leaving (maybe MT and FAU too, I can't remember the timeline when they were invited). WKU should get nothing because they were invited after all of the departures.

I've got no clue how it will get divided. Was using averages. But you're right, I expect, that the payment will be done according to seniority.
08-12-2014 08:22 AM
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eager eagle Offline
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Post: #6
RE: Teams that left
(08-12-2014 08:22 AM)uhcoog27 Wrote:  
(08-12-2014 08:17 AM)Niner National Wrote:  
(08-12-2014 08:07 AM)uhcoog27 Wrote:  CUSA reported $36 million in exit fees on its tax return. So each departing school paid around six million. I think the first wave paid a little less (fee was raised subsequently). There are now 14 schools in CUSA. That would be $2.5 million each school keeps, theoretically, except headquarters held a bunch back in reserve for future marketing expenses. I've heard each athletic department will pocket around $1.5 million when all is said and done.

Each team shouldn't get an equal amount. Rice, USM, and UTEP should get to keep the lions share of that money.

Charlotte, ODU, FIU, UNT, and La Tech should get to keep money from ECU and Tulsa leaving (maybe MT and FAU too, I can't remember the timeline when they were invited). WKU should get nothing because they were invited after all of the departures.

I've got no clue how it will get divided. Was using averages. But you're right, I expect, that the payment will be done according to seniority.

That money is why USM hasn't already launched the lifeboat.
08-12-2014 08:42 AM
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Niner National Offline
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Post: #7
RE: Teams that left
(08-12-2014 08:42 AM)eager eagle Wrote:  
(08-12-2014 08:22 AM)uhcoog27 Wrote:  
(08-12-2014 08:17 AM)Niner National Wrote:  
(08-12-2014 08:07 AM)uhcoog27 Wrote:  CUSA reported $36 million in exit fees on its tax return. So each departing school paid around six million. I think the first wave paid a little less (fee was raised subsequently). There are now 14 schools in CUSA. That would be $2.5 million each school keeps, theoretically, except headquarters held a bunch back in reserve for future marketing expenses. I've heard each athletic department will pocket around $1.5 million when all is said and done.

Each team shouldn't get an equal amount. Rice, USM, and UTEP should get to keep the lions share of that money.

Charlotte, ODU, FIU, UNT, and La Tech should get to keep money from ECU and Tulsa leaving (maybe MT and FAU too, I can't remember the timeline when they were invited). WKU should get nothing because they were invited after all of the departures.

I've got no clue how it will get divided. Was using averages. But you're right, I expect, that the payment will be done according to seniority.

That money is why USM hasn't already launched the lifeboat.
Money + the fact that you have nowhere else to go, unless you want to go to the SBC.
08-12-2014 09:02 AM
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Native Georgian Offline
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Post: #8
RE: Teams that left
I heard that charter members of the league (Tulane, Houston, Memphis) would not have to pay as much as teams that joined after 1995 (East Carolina, UCF, SMU, Tulsa), but don't know the details...
08-12-2014 09:18 AM
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BkGold Offline
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Post: #9
RE: Teams that left
(08-12-2014 09:02 AM)Niner National Wrote:  
(08-12-2014 08:42 AM)eager eagle Wrote:  
(08-12-2014 08:22 AM)uhcoog27 Wrote:  
(08-12-2014 08:17 AM)Niner National Wrote:  
(08-12-2014 08:07 AM)uhcoog27 Wrote:  CUSA reported $36 million in exit fees on its tax return. So each departing school paid around six million. I think the first wave paid a little less (fee was raised subsequently). There are now 14 schools in CUSA. That would be $2.5 million each school keeps, theoretically, except headquarters held a bunch back in reserve for future marketing expenses. I've heard each athletic department will pocket around $1.5 million when all is said and done.

Each team shouldn't get an equal amount. Rice, USM, and UTEP should get to keep the lions share of that money.

Charlotte, ODU, FIU, UNT, and La Tech should get to keep money from ECU and Tulsa leaving (maybe MT and FAU too, I can't remember the timeline when they were invited). WKU should get nothing because they were invited after all of the departures.

I've got no clue how it will get divided. Was using averages. But you're right, I expect, that the payment will be done according to seniority.

That money is why USM hasn't already launched the lifeboat.
Money + the fact that you have nowhere else to go, unless you want to go to the SBC.

Well, we could just stay home and play nobody...
08-12-2014 09:26 AM
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MUther Offline
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Post: #10
RE: Teams that left
(08-12-2014 08:17 AM)Niner National Wrote:  
(08-12-2014 08:07 AM)uhcoog27 Wrote:  CUSA reported $36 million in exit fees on its tax return. So each departing school paid around six million. I think the first wave paid a little less (fee was raised subsequently). There are now 14 schools in CUSA. That would be $2.5 million each school keeps, theoretically, except headquarters held a bunch back in reserve for future marketing expenses. I've heard each athletic department will pocket around $1.5 million when all is said and done.

Each team shouldn't get an equal amount. Rice, USM, and UTEP should get to keep the lions share of that money.

Charlotte, ODU, FIU, UNT, and La Tech should get to keep money from ECU and Tulsa leaving (maybe MT and FAU too, I can't remember the timeline when they were invited). WKU should get nothing because they were invited after all of the departures.

Um, left out Marshall and UAB. Those five should get all the entrance fees and the first wave of defects alone. Subsequent defects should be shared by any but the ones who replaced the defecting teams.
08-12-2014 11:39 AM
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gulfcoastgal Offline
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Post: #11
RE: Teams that left
Here's a good thread about exit fees. I'd summarize, but would probably get something wrong. It appears, after looking at UofM budgets, that Memphis' exit fees were indeed taken from NCAA tourney earnings. I didn't see a CUSA line item, but did find $500,000+ earmarked for the AAC which I assume is a partial entrance fee payment. HTH!
08-12-2014 12:01 PM
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DowdyPirate Offline
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Post: #12
RE: Teams that left
Someone said the other day that we had paid 500k already with the possibility of paying in games.
08-12-2014 01:26 PM
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ecumbh1999 Offline
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Post: #13
RE: Teams that left
(08-12-2014 12:01 PM)gulfcoastgal Wrote:   Here's a good thread about exit fees. I'd summarize, but would probably get something wrong. It appears, after looking at UofM budgets, that Memphis' exit fees were indeed taken from NCAA tourney earnings. I didn't see a CUSA line item, but did find $500,000+ earmarked for the AAC which I assume is a partial entrance fee payment. HTH!

Basically, if the TV deal is renewed at or above the current level (total conference deal, not team pay outs) 500k from ECU, Tulane, Tulsa, UCF, SMU, UH, and nada from Memphis (NCAA credits cover). The rest would be returned. Sure some here want the paid day, but that would mean that the TV deal went down and the future would not look good. I sure no CUSA fan is hoping the the TV goes down just to get some money for the schools that left.

Which would you rather have a higher paying TV deal/the same and give back all, but the 500k from each school or a lower deal and be covered for most of the lost, not all of the revenue for only 5 more years then have it drop?
08-12-2014 07:26 PM
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Boyee Offline
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Post: #14
RE: Teams that left
(08-12-2014 08:17 AM)Niner National Wrote:  
(08-12-2014 08:07 AM)uhcoog27 Wrote:  CUSA reported $36 million in exit fees on its tax return. So each departing school paid around six million. I think the first wave paid a little less (fee was raised subsequently). There are now 14 schools in CUSA. That would be $2.5 million each school keeps, theoretically, except headquarters held a bunch back in reserve for future marketing expenses. I've heard each athletic department will pocket around $1.5 million when all is said and done.

Each team shouldn't get an equal amount. Rice, USM, and UTEP should get to keep the lions share of that money.

Charlotte, ODU, FIU, UNT, and La Tech should get to keep money from ECU and Tulsa leaving (maybe MT and FAU too, I can't remember the timeline when they were invited). WKU should get nothing because they were invited after all of the departures.

I think those who were not just added deserve more of the money than the new members. 14 schools have left Conference USA in the past (Central Florida, Cincinnati, DePaul, East Carolina, Houston, Louisville, Marquette, Memphis, Saint Louis, South Florida, Southern Methodist, Texas Christian, Tulane, and Tulsa). Only 2 members have been continuously in Conference USA since its founding in 1995. University of Southern Mississippi and University of Alabama at Birmingham (UAB). University of North Carolina at Charlotte left for the Atlantic 10 in 2005 and returned in 2013. The cream of the C-USA crop always gets invited to superior athletic conferences, which provides the opportunity for schools from inferior conferences to receive invites to C-USA. Recently C-USA has raided the Sun Belt and WAC for schools. All the schools that left are in The American with the exception of DePaul and Marquette who are in the new Big East, TCU who is in the Big 12 and Saint Louis who is in the Atlantic 10.
08-12-2014 08:51 PM
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Boyee Offline
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Post: #15
RE: Teams that left
(08-12-2014 08:17 AM)Niner National Wrote:  
(08-12-2014 08:07 AM)uhcoog27 Wrote:  CUSA reported $36 million in exit fees on its tax return. So each departing school paid around six million. I think the first wave paid a little less (fee was raised subsequently). There are now 14 schools in CUSA. That would be $2.5 million each school keeps, theoretically, except headquarters held a bunch back in reserve for future marketing expenses. I've heard each athletic department will pocket around $1.5 million when all is said and done.

Each team shouldn't get an equal amount. Rice, USM, and UTEP should get to keep the lions share of that money.

Charlotte, ODU, FIU, UNT, and La Tech should get to keep money from ECU and Tulsa leaving (maybe MT and FAU too, I can't remember the timeline when they were invited). WKU should get nothing because they were invited after all of the departures.

FAU, FIU, UTSA, Louisiana Tech, Middle Tennessee State, UNC Charlotte, North Texas, and Old Dominion all became full C-USA members in 2013, and Western Kentucky was added in 2014, so they should all get less money than the schools that were there before they were added.
08-12-2014 09:07 PM
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goherd24herdfans Offline
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Post: #16
RE: Teams that left
It is prorated. Wku gets zilch. Other members that came lay season get a small amount from tulsa, tulane and ecu. The other members get a ton of money. We appreciate the donations.
08-12-2014 11:09 PM
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Eaglefan9 Offline
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Post: #17
RE: Teams that left
Lord knows USM needs it
08-13-2014 02:38 AM
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AndreWhere Offline
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Post: #18
RE: Teams that left
(08-13-2014 02:38 AM)Eaglefan9 Wrote:  Lord knows USM needs it

Not helpful.
08-13-2014 06:28 AM
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ecumbh1999 Offline
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Post: #19
RE: Teams that left
(08-12-2014 11:09 PM)goherd24herdfans Wrote:  It is prorated. Wku gets zilch. Other members that came lay season get a small amount from tulsa, tulane and ecu. The other members get a ton of money. We appreciate the donations.

01-wingedeagle Might want to read this and the C-USA Bylaws first,

Basically, if the TV deal is renewed at or above the current level (total conference deal, not team pay outs) 500k from ECU, Tulane, Tulsa, UCF, SMU, UH, and nada from Memphis (NCAA credits cover). The rest would be returned. Sure some here want the paid day, but that would mean that the TV deal went down and the future would not look good. I sure no CUSA fan is hoping the the TV goes down just to get some money for the schools that left.

If the TV deal stays the same or goes up, CUSA gets 500k from each school that left and nothing more You may end up getting more in entrance fees than exit fees, depends on the TV deal. UH paid 3.5 total, 3 million went into escrow, if the new deal is the same or better 3 million is returned to UH.
08-13-2014 08:35 PM
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UofMemphis Away
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Post: #20
RE: Teams that left
Memphis paid nothing...we applied NCAA credits we had to leave behind anyway, towards our exit fee.

http://www.commercialappeal.com/news/tig...erence-usa
(This post was last modified: 08-13-2014 08:40 PM by UofMemphis.)
08-13-2014 08:38 PM
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