I think the biggest key in realignment will be if Maryland is able to get their exit fee down from $50 million down to $20 million or lower. If so, pretty much no exit fee will matter after a certain number.... Similarly if a GOR was struck down, it would create chaos.
If I were the ACC, I would say no way will we lower it.
(11-20-2012 05:43 PM)stever20 Wrote: [ -> ]I think the biggest key in realignment will be if Maryland is able to get their exit fee down from $50 million down to $20 million or lower. If so, pretty much no exit fee will matter after a certain number.... Similarly if a GOR was struck down, it would create chaos.
If you sign a GOR, you aren't intending to go anywhere. Pac 12, Big 10 and Big 12 teams aren't going anywhere. SEC schools, of course, aren't going anywhere either.
If you create a $50 million exit fee, you know schools are wanting to leave, and you force them to act quickly. Without that increase, I suspect Maryland would not have moved for a couple of years.
(11-20-2012 06:19 PM)jmufan Wrote: [ -> ]If I were the ACC, I would say no way will we lower it.
The question becomes if it's legally enforceable. If it's not, ouch....
(11-20-2012 06:20 PM)bullet Wrote: [ -> ] (11-20-2012 05:43 PM)stever20 Wrote: [ -> ]I think the biggest key in realignment will be if Maryland is able to get their exit fee down from $50 million down to $20 million or lower. If so, pretty much no exit fee will matter after a certain number.... Similarly if a GOR was struck down, it would create chaos.
If you sign a GOR, you aren't intending to go anywhere. Pac 12, Big 10 and Big 12 teams aren't going anywhere. SEC schools, of course, aren't going anywhere either.
If you create a $50 million exit fee, you know schools are wanting to leave, and you force them to act quickly. Without that increase, I suspect Maryland would not have moved for a couple of years.
The question becomes with the GOR, how enforceable is it.
(11-20-2012 06:19 PM)jmufan Wrote: [ -> ]If I were the ACC, I would say no way will we lower it.
That is exactly what they will say, which will be the starting point for the negotiations. I predict that Maryland will end up paying about $20-$25 million.
(11-20-2012 06:24 PM)EerMeNow Wrote: [ -> ] (11-20-2012 06:19 PM)jmufan Wrote: [ -> ]If I were the ACC, I would say no way will we lower it.
That is exactly what they will say, which will be the starting point for the negotiations. I predict that Maryland will end up paying about $20-$25 million.
I think they pay every bit of the $50M. in the end it is chump change for the turtles.
Maryland's argument is that the fee is too high and prevents free movement....yet they have already said that they will make 100 million more in 10 years elsewhere. So their argument isn't valid. The fee doesn't stand in the way of movement. Though there are really only two leagues that'd be worth 50 million more to move to.
(11-20-2012 06:37 PM)4x4hokies Wrote: [ -> ]Maryland's argument is that the fee is too high and prevents free movement....yet they have already said that they will make 100 million more in 10 years elsewhere. So their argument isn't valid. The fee doesn't stand in the way of movement. Though there are really only two leagues that'd be worth 50 million more to move to.
We will see about that in court, now won't we....
(11-20-2012 06:40 PM)stever20 Wrote: [ -> ] (11-20-2012 06:37 PM)4x4hokies Wrote: [ -> ]Maryland's argument is that the fee is too high and prevents free movement....yet they have already said that they will make 100 million more in 10 years elsewhere. So their argument isn't valid. The fee doesn't stand in the way of movement. Though there are really only two leagues that'd be worth 50 million more to move to.
We will see about that in court, now won't we....
WVU paid $20M and not the $5M to the BE
Cuse paid $7.5M and not $5M to the BE
Pitt paid $7.5 and not $5M to the BE
TCU paid $5M of the $5M fee to the BE
Houston, SMU, UCF, and Memphis paid their rate to CUSA.
Boise and SDSU paid their rate to the MW
How is it that everyone else is paying the freight but Maryland has a magic wand?
(11-20-2012 06:45 PM)FULL_MONTY Wrote: [ -> ] (11-20-2012 06:40 PM)stever20 Wrote: [ -> ] (11-20-2012 06:37 PM)4x4hokies Wrote: [ -> ]Maryland's argument is that the fee is too high and prevents free movement....yet they have already said that they will make 100 million more in 10 years elsewhere. So their argument isn't valid. The fee doesn't stand in the way of movement. Though there are really only two leagues that'd be worth 50 million more to move to.
We will see about that in court, now won't we....
WVU paid $20M and not the $5M to the BE
Cuse paid $7.5M and not $5M to the BE
Pitt paid $7.5 and not $5M to the BE
TCU paid $5M of the $5M fee to the BE
Houston, SMU, UCF, and Memphis paid their rate to CUSA.
Boise and SDSU paid their rate to the MW
How is it that everyone else is paying the freight but Maryland has a magic wand?
It's the first time there's been such a high exit fee.
Also, you failed to mention all the Big 12 schools that didn't pay the full exit fees at all(some could have had as much as 30 million wound up paying not even 10 million)......
So, I'd believe Maryland will pay $50 million when I see it.... I'm not exactly holding my breath.....
(11-20-2012 06:48 PM)stever20 Wrote: [ -> ] (11-20-2012 06:45 PM)FULL_MONTY Wrote: [ -> ] (11-20-2012 06:40 PM)stever20 Wrote: [ -> ] (11-20-2012 06:37 PM)4x4hokies Wrote: [ -> ]Maryland's argument is that the fee is too high and prevents free movement....yet they have already said that they will make 100 million more in 10 years elsewhere. So their argument isn't valid. The fee doesn't stand in the way of movement. Though there are really only two leagues that'd be worth 50 million more to move to.
We will see about that in court, now won't we....
WVU paid $20M and not the $5M to the BE
Cuse paid $7.5M and not $5M to the BE
Pitt paid $7.5 and not $5M to the BE
TCU paid $5M of the $5M fee to the BE
Houston, SMU, UCF, and Memphis paid their rate to CUSA.
Boise and SDSU paid their rate to the MW
How is it that everyone else is paying the freight but Maryland has a magic wand?
It's the first time there's been such a high exit fee.
Also, you failed to mention all the Big 12 schools that didn't pay the full exit fees at all(some could have had as much as 30 million wound up paying not even 10 million)......
So, I'd believe Maryland will pay $50 million when I see it.... I'm not exactly holding my breath.....
High relative to what?
CUSA distributes about $2.5 per year in conference fees and the exit was $7M for those teams a 3 x multiplier.
The terps are being asked to pay a little more than 2 x.
In any event, the lawyers for every school that every paid an exit fee must have been dead wrong, all they had to do was go to court.
I don't think so, WV conceded after arching their backs, I wonder why?
(11-20-2012 06:53 PM)FULL_MONTY Wrote: [ -> ] (11-20-2012 06:48 PM)stever20 Wrote: [ -> ] (11-20-2012 06:45 PM)FULL_MONTY Wrote: [ -> ] (11-20-2012 06:40 PM)stever20 Wrote: [ -> ] (11-20-2012 06:37 PM)4x4hokies Wrote: [ -> ]Maryland's argument is that the fee is too high and prevents free movement....yet they have already said that they will make 100 million more in 10 years elsewhere. So their argument isn't valid. The fee doesn't stand in the way of movement. Though there are really only two leagues that'd be worth 50 million more to move to.
We will see about that in court, now won't we....
WVU paid $20M and not the $5M to the BE
Cuse paid $7.5M and not $5M to the BE
Pitt paid $7.5 and not $5M to the BE
TCU paid $5M of the $5M fee to the BE
Houston, SMU, UCF, and Memphis paid their rate to CUSA.
Boise and SDSU paid their rate to the MW
How is it that everyone else is paying the freight but Maryland has a magic wand?
It's the first time there's been such a high exit fee.
Also, you failed to mention all the Big 12 schools that didn't pay the full exit fees at all(some could have had as much as 30 million wound up paying not even 10 million)......
So, I'd believe Maryland will pay $50 million when I see it.... I'm not exactly holding my breath.....
High relative to what?
CUSA distributes about $2.5 per year in conference fees and the exit was $7M for those teams a 3 x multiplier.
The terps are being asked to pay a little more than 2 x.
In any event, the lawyers for every school that every paid an exit fee must have been dead wrong, all they had to do was go to court.
I don't think so, WV conceded after arching their backs, I wonder why?
You failed to acknowledge the Big 12 teams that moved.. They didn't pay anywhere near what they were supposed to......
If enough teams left at once that buyout doesn't mean ****.
(11-20-2012 06:54 PM)stever20 Wrote: [ -> ] (11-20-2012 06:53 PM)FULL_MONTY Wrote: [ -> ] (11-20-2012 06:48 PM)stever20 Wrote: [ -> ] (11-20-2012 06:45 PM)FULL_MONTY Wrote: [ -> ] (11-20-2012 06:40 PM)stever20 Wrote: [ -> ]We will see about that in court, now won't we....
WVU paid $20M and not the $5M to the BE
Cuse paid $7.5M and not $5M to the BE
Pitt paid $7.5 and not $5M to the BE
TCU paid $5M of the $5M fee to the BE
Houston, SMU, UCF, and Memphis paid their rate to CUSA.
Boise and SDSU paid their rate to the MW
How is it that everyone else is paying the freight but Maryland has a magic wand?
It's the first time there's been such a high exit fee.
Also, you failed to mention all the Big 12 schools that didn't pay the full exit fees at all(some could have had as much as 30 million wound up paying not even 10 million)......
So, I'd believe Maryland will pay $50 million when I see it.... I'm not exactly holding my breath.....
High relative to what?
CUSA distributes about $2.5 per year in conference fees and the exit was $7M for those teams a 3 x multiplier.
The terps are being asked to pay a little more than 2 x.
In any event, the lawyers for every school that every paid an exit fee must have been dead wrong, all they had to do was go to court.
I don't think so, WV conceded after arching their backs, I wonder why?
You failed to acknowledge the Big 12 teams that moved.. They didn't pay anywhere near what they were supposed to......
http://espn.go.com/college-sports/story/...41-million
Great the parties settled for a lesser amount. The ACC is not in a position to accept a lower amount, it would encourage others to bolt.
I can agree to not enforce my rights, but that in no way impairs the ACC from enforcing their rights in court. WVU found that out.
(11-20-2012 06:54 PM)stever20 Wrote: [ -> ] (11-20-2012 06:53 PM)FULL_MONTY Wrote: [ -> ] (11-20-2012 06:48 PM)stever20 Wrote: [ -> ] (11-20-2012 06:45 PM)FULL_MONTY Wrote: [ -> ] (11-20-2012 06:40 PM)stever20 Wrote: [ -> ]We will see about that in court, now won't we....
WVU paid $20M and not the $5M to the BE
Cuse paid $7.5M and not $5M to the BE
Pitt paid $7.5 and not $5M to the BE
TCU paid $5M of the $5M fee to the BE
Houston, SMU, UCF, and Memphis paid their rate to CUSA.
Boise and SDSU paid their rate to the MW
How is it that everyone else is paying the freight but Maryland has a magic wand?
It's the first time there's been such a high exit fee.
Also, you failed to mention all the Big 12 schools that didn't pay the full exit fees at all(some could have had as much as 30 million wound up paying not even 10 million)......
So, I'd believe Maryland will pay $50 million when I see it.... I'm not exactly holding my breath.....
High relative to what?
CUSA distributes about $2.5 per year in conference fees and the exit was $7M for those teams a 3 x multiplier.
The terps are being asked to pay a little more than 2 x.
In any event, the lawyers for every school that every paid an exit fee must have been dead wrong, all they had to do was go to court.
I don't think so, WV conceded after arching their backs, I wonder why?
You failed to acknowledge the Big 12 teams that moved.. They didn't pay anywhere near what they were supposed to......
There was one interpretation of their bylaws that could be read in a way that indicated that the exit penalty had expired since they had a date on it and never went to update it.
They weren't going to be able to enforce their bylaw because of the timing and the way it was written.
We'll see. Like I said 1st post, if Maryland is able to thru the courts get a much lower exit fee, which may or may not be possible, that's huge with all realignment.
(11-20-2012 06:45 PM)FULL_MONTY Wrote: [ -> ] (11-20-2012 06:40 PM)stever20 Wrote: [ -> ] (11-20-2012 06:37 PM)4x4hokies Wrote: [ -> ]Maryland's argument is that the fee is too high and prevents free movement....yet they have already said that they will make 100 million more in 10 years elsewhere. So their argument isn't valid. The fee doesn't stand in the way of movement. Though there are really only two leagues that'd be worth 50 million more to move to.
We will see about that in court, now won't we....
WVU paid $20M and not the $5M to the BE
Cuse paid $7.5M and not $5M to the BE
Pitt paid $7.5 and not $5M to the BE
TCU paid $5M of the $5M fee to the BE
Houston, SMU, UCF, and Memphis paid their rate to CUSA.
Boise and SDSU paid their rate to the MW
How is it that everyone else is paying the freight but Maryland has a magic wand?
for one, all of your examples left early.
The exit fee isn't going to be easy to dispute. I predict that Maryland will pay all $50 million.
In most cases, money is argued about because someone wants something else but it costs more money to get it done. WVU is an example of this. They paid extra money in order to get out of the Big East early. The cost for leaving the conference early wasn't outlined in the contract so there was a dispute as to the value of leaving early. In this case, the value has already been determined - it's $50 million.
Although Maryland disputed the raise in the fee, and this may entitle them to making the argument that they shouldn't have to pay all of it I just doubt it will be persuasive. The vast majority of the group they were a part of decided to up the fee and they are and should be bound by that. I also would expect that in this case the ACC will not be in a position to offer flexibility and so therefore I expect the entire fee will be paid.