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EarthBoundMisfit Offline
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Post: #141
RE: Political Realities....
(08-05-2016 12:27 PM)salukiblue Wrote:  
(08-05-2016 12:11 PM)EarthBoundMisfit Wrote:  the 27 months has never been enforced. Rutgers paid $11.5 million to leave the AAC and join the Big 10.

Buy raising buyouts beyond the initial obligation, the 27 months is playing a part it the process.

For the 1,000th time IF (IF IF) the AAC wants to squeeze the AAC schools or the B12, it can use the 27 months as a huge bargaining chip.

Especially when BYU has no wait and the MWC has a two tier buyout: immediate plus double the buyout (about $10 mil) or 1 year and the buyout.

I live in a world of what is....not what if.

IF if and buts were candy and nuts, we'd all have a Merry Christmas.
(This post was last modified: 08-05-2016 01:07 PM by EarthBoundMisfit.)
08-05-2016 01:06 PM
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memphisike Offline
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Post: #142
RE: Political Realities....
What r u gonna do
08-05-2016 01:22 PM
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payday Offline
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Post: #143
RE: Political Realities....
(08-05-2016 12:11 PM)EarthBoundMisfit Wrote:  the 27 months has never been enforced. Rutgers paid $11.5 million to leave the AAC and join the Big 10.

They were never in the AAC
08-05-2016 01:32 PM
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AlonsoWDC Offline
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Post: #144
RE: Political Realities....
Yes they were.
08-05-2016 01:33 PM
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Tygrys Offline
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Post: #145
RE: Political Realities....
(08-05-2016 11:49 AM)salukiblue Wrote:  
(08-05-2016 11:44 AM)Tygrys Wrote:  
(08-05-2016 10:18 AM)salukiblue Wrote:  
(08-05-2016 09:52 AM)Tygrys Wrote:  
(08-05-2016 09:02 AM)salukiblue Wrote:  Strongarm?

It's called an injuction. Basically prohibits someone from doing something in violation of a contract. The AAC would slap one on any school that said they were leaving before the ink dried on the exit letter.

I would liken it to a "non compete clause." You guys make it sound like a person (or team in this instance) can just "leave" and go about life as if nothing happened.

The entity that has the rights to the person/team would then just sue the shtt out of the team and the other conference for all types of cool stuff (tortuous interference in business relationship) so don't think that the Big XII will just "take" an AAC school who hasn't been "allowed" to leave or has waited the 27 months.

Good luck to them with that. With all of the schools that have left in the history of expansion you injunction scenario has never occurred. It is not going to occur all of sudden now. Like I said the amount will either be negotiated before/if we leave or a settlement will be agreed upon after we leave. Either way the AAC does not have the power to force any team to stay. That clause is in there for one reason and that is to increase the exit fee if a team leaves early, nobody really has the intent of keeping Memphis, UC, Houston from moving up to a better conference. The AAC just wants to make sure they get paid when it happens, and any schools is going to find the funds to make the jump the day the Big 12 calls.

To act like the AAC is going to manage to coerce the Big 12 into leaving Memphis but allowing them to take other AAC members is simply fear mongering at its finest or worst depending on how you want to look at it...

(AP) - The Big East has filed a breach-of-contract lawsuit against West Virginia, four days after the university sued the conference in a bid to make a quick exit for the Big 12.

The conference said the lawsuit was filed Friday in Rhode Island Superior Court seeking unspecified damages along with an order requiring West Virginia to stay put for 27 months in compliance with Big East bylaws.

A spokesman for West Virginia didn't immediately respond to a request for comment.

West Virginia accepted an invitation from the Big 12 last week and wants to join for the 2012 season. The university filed a lawsuit Monday in Monongalia County Circuit Court. It seeks to declare the Big East bylaws invalid.


WVU had a 27 month wait and a $5 million buyout.

After the competing lawsuits, WVU negotiated an shorter wait and a $20 million buyout--$9 million of which the B12 agreed to pay.

You think the B12 is going to pay in excess of $10 million per team to the AAC for teams they aren't even sure they really want? Or will the individual schools have to pony up all the buyout?

And how did that turnout? No injunction was placed on WVU and a settlement agreement was reached... That is pretty much exactly what I have been saying will happen with any candidate. The AAC knows they cannot really keep any team from leaving, it is all just posturing to get as much money out this as they can for the conference.

The BE got 4x the buyout.

(08-05-2016 11:44 AM)Tygrys Wrote:  Let's assume the AAC does as you are suggesting and states that Memphis/Cinci will cost the Big 12 an extra $25 but UCONN/Houston will only cost an extra $20 to be let out early. Do you really think Cinci and Memphis are just going to say "oh well, looks like it is UCONN and Houston"? Heck no, both schools will gladly cover the additional amount, they will make it up in a year or two under increased payouts, exposure, ticket sales, etc.

What if it's $40 million? (4x the buyout)

To some extent we are both agreeing on the same premise. My only difference is that the AAC can still make it more desirable to take some of the candidates over others (if they see fit). It doesn't mean the B12 would take the bait, but what we know is that NONE of the 4 or so teams being mentioned as B12 targets are "must haves" for the B12.

And again, as a fact, if the AAC chooses to cut off their nose to spite their face, they can sit back and demand any school leaving wait 27 months.

I think we are both driving at the same point from different angles... 04-cheers
08-05-2016 01:34 PM
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Tygrys Offline
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Post: #146
RE: Political Realities....
(08-05-2016 12:39 PM)salukiblue Wrote:  
(08-05-2016 12:32 PM)fsquid Wrote:  
(08-05-2016 12:27 PM)salukiblue Wrote:  
(08-05-2016 12:11 PM)EarthBoundMisfit Wrote:  the 27 months has never been enforced. Rutgers paid $11.5 million to leave the AAC and join the Big 10.

Buy raising buyouts beyond the initial obligation, the 27 months is playing a part it the process.

For the 1,000th time IF (IF IF) the AAC wants to squeeze the AAC schools or the B12, it can use the 27 months as a huge bargaining chip.

Especially when BYU has no wait and the MWC has a two tier buyout: immediate plus double the buyout (about $10 mil) or 1 year and the buyout.

then we will pay their buyout.

$25 mil?

Fred just gonna write a $25 mil check?

He wont have to. The University will be in a position to pay it off given an increase in conference payouts, ticket sales, merchandise sales, etc. It would have to be an obscene amount of money to have that happen. If that were the case the school would just leave and tell the AAC to sue them, but it is not going to come down to that. It would be in nobodies best interest...
08-05-2016 01:36 PM
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aardWolf Offline
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Post: #147
RE: Political Realities....
(08-05-2016 01:32 PM)payday Wrote:  
(08-05-2016 12:11 PM)EarthBoundMisfit Wrote:  the 27 months has never been enforced. Rutgers paid $11.5 million to leave the AAC and join the Big 10.

They were never in the AAC

Potato/Potahto... The Big East changed names to the AAC after they served notice, but before they were granted their release.

http://www.espn.com/new-york/college-spo...-leave-aac
08-05-2016 01:39 PM
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EarthBoundMisfit Offline
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Post: #148
RE: Political Realities....
(08-05-2016 01:39 PM)aardWolf Wrote:  
(08-05-2016 01:32 PM)payday Wrote:  
(08-05-2016 12:11 PM)EarthBoundMisfit Wrote:  the 27 months has never been enforced. Rutgers paid $11.5 million to leave the AAC and join the Big 10.

They were never in the AAC

Potato/Potahto... The Big East changed names to the AAC after they served notice, but before they were granted their release.

http://www.espn.com/new-york/college-spo...-leave-aac

excellent link...and it goes back to my point... Rutgers used Louisville's exit to negotiate a lower exit fee. Fair for one must apply to all.
(This post was last modified: 08-05-2016 02:02 PM by EarthBoundMisfit.)
08-05-2016 02:01 PM
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gulfcoastgal Offline
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Post: #149
RE: Political Realities....
(08-05-2016 01:06 PM)EarthBoundMisfit Wrote:  
(08-05-2016 12:27 PM)salukiblue Wrote:  
(08-05-2016 12:11 PM)EarthBoundMisfit Wrote:  the 27 months has never been enforced. Rutgers paid $11.5 million to leave the AAC and join the Big 10.

Buy raising buyouts beyond the initial obligation, the 27 months is playing a part it the process.

For the 1,000th time IF (IF IF) the AAC wants to squeeze the AAC schools or the B12, it can use the 27 months as a huge bargaining chip.

Especially when BYU has no wait and the MWC has a two tier buyout: immediate plus double the buyout (about $10 mil) or 1 year and the buyout.

I live in a world of what is....not what if.

IF if and buts were candy and nuts, we'd all have a Merry Christmas.

This where I'm at (not that it matters in all of this.) The Big 12 is in no rush as compared to previous realignment when exit terminology could have, but didn't affect the end game...meaning teams selected. Why would it now, assuming teams can come up with the $ to leave on their own? Yeah, the AAC could be a sticky widget, but all outward appearances point to the contrary.
08-05-2016 04:33 PM
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Tiger87 Online
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Post: #150
RE: Political Realities....
(08-04-2016 08:59 PM)salukiblue Wrote:  
(08-04-2016 04:44 PM)Penny Lane Wrote:  
(08-04-2016 01:20 PM)salukiblue Wrote:  
(08-04-2016 01:17 PM)Unfaithful Wrote:  care to elaborate?

Essentially the AAC schools have huge buyouts and the AAC commish is looking to get a big lump of those buyouts instead of protracted legal stuff, so he is attempting to force the Big XII to "accept" certain AAC teams in lieu of others.

Sadly, the commish really likes Memphis in the AAC.

I'll leave it at that.

The AAC is not going to dictate to B12 which teams get in. Very ludicrous.

Based on what? The AAC holds the cards. Just like the BE did with WVU.

Bottom line is the contract all AAC teams entered stated that if they chose to leave the conference, they would have to pay $10 million AND give 27 months notice.

Best case scenario if Memphis straight up wanted to breach that by trying to leave early would be protracted legal wrangling likely going well beyond 27 months, so that option is out.

The only other option is to negotiate. Who has more leverage?

Again, look at the WVU/Big East situation. WVU's exit agreement was $5 million and 27 months. The Big East ended up getting $20 million.

WVU was getting out with like 9 months notice. That's one big difference. The other thing is these settlements - and they do always settle - are all over the board. $20M is the largest for a blatant quick exit at a school with perceived high national value. The other settlements are much lower. Pitt and Cuse got out for just a $2.5M penalty and their exits were quicker than what we are talking about. TCU got out for no penalty whatsoever. So who knows were we would fall - somewhere well south of a 4x penalty I'm guessing. Regardless, this has never prevented a school from leaving when they want to leave. Doubt Memphis' value is so much higher than WVU, Pitt, Cuse, Rutgers, or TCU - that we can't come to agreement.
(This post was last modified: 08-05-2016 09:32 PM by Tiger87.)
08-05-2016 09:28 PM
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RandyMc Offline
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Post: #151
RE: Political Realities....
(08-05-2016 10:22 AM)salukiblue Wrote:  You do realize Syracuse paid $7.5 million to leave the Big East early but WVU paid $20 million.

But that's the thing...

WVU hasn't yet paid the $20mm.
08-05-2016 10:52 PM
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BinghamptonNed Offline
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Post: #152
RE: Political Realities....
The AAC espn contract is 18 million per year, how much can the damages be?

If you are worried about the buyout, you are are real worry wart
08-06-2016 08:13 AM
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