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Full Version: When Big 12 expands, does new GOR apply to UT or OU or can they exit then?
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Rip the bandaid off and get this done. If Big 12 plans to backfill more after UTOU leave, it would be nice to get this round of musical chairs over with sooner rather than later.
(09-07-2021 06:28 PM)murrdcu Wrote: [ -> ]Rip the bandaid off and get this done. If Big 12 plans to backfill more after UTOU leave, it would be nice to get this round of musical chairs over with sooner rather than later.

It's a murky matter, but technically it could separate them. I think they'll get out for 2 year's revenue or roughly 80 million each and that the buyout of the LHN covers both.
Gun to my head I'd say that OU/UT and the AAC schools all play the 2022 seasons in their current conferences before moving effective July 2023. BYU is sort of a wildcard and could probably come for 2022 if they really wanted to. But it's hard to see it lingering beyond that.
(09-09-2021 12:24 PM)Gamecock Wrote: [ -> ]Gun to my head I'd say that OU/UT and the AAC schools all play the 2022 seasons in their current conferences before moving effective July 2023. BYU is sort of a wildcard and could probably come for 2022 if they really wanted to. But it's hard to see it lingering beyond that.

The annual media revenue of the AAC is 7 million per school with no GOR.

BYU's annual revenue is at least double that and as an independent they have to buyout at least 9 games to make an early move.

The estimated new payout for a rebuilt B12 is 25 million.

What incentive would Cincinnati, UCF and Houston have to stay?

To date no school has had an exit fee that exceeded 1 years worth of media revenue withheld by a conference. The reason for this is that conferences have no means of collecting a debt from another sovereign state's state school. Privates are a different matter.

So the AAC has no means of enforcement which is why they are now talking to prospective members.

If movement happens early it will be Houston, Cincinnati and Central Florida playing in the new Big 12 in 2022 and Texas and Oklahoma in the SEC at the same time, but after a larger negotiated settlement due to the GOR.

BYU as a private may be the only one which will take longer than a year to move and then only due to scheduling obligations as most games 2 years out can be canceled without financial penalty due to contingencies.
(09-09-2021 01:00 PM)JRsec Wrote: [ -> ]
(09-09-2021 12:24 PM)Gamecock Wrote: [ -> ]Gun to my head I'd say that OU/UT and the AAC schools all play the 2022 seasons in their current conferences before moving effective July 2023. BYU is sort of a wildcard and could probably come for 2022 if they really wanted to. But it's hard to see it lingering beyond that.

The annual media revenue of the AAC is 7 million per school with no GOR.

BYU's annual revenue is at least double that and as an independent they have to buyout at least 9 games to make an early move.

The estimated new payout for a rebuilt B12 is 25 million.

What incentive would Cincinnati, UCF and Houston have to stay?

To date no school has had an exit fee that exceeded 1 years worth of media revenue withheld by a conference. The reason for this is that conferences have no means of collecting a debt from another sovereign state's state school. Privates are a different matter.

So the AAC has no means of enforcement which is why they are now talking to prospective members.

If movement happens early it will be Houston, Cincinnati and Central Florida playing in the new Big 12 in 2022 and Texas and Oklahoma in the SEC at the same time, but after a larger negotiated settlement due to the GOR.

BYU as a private may be the only one which will take longer than a year to move and then only due to scheduling obligations as most games 2 years out can be canceled without financial penalty due to contingencies.

Yeah, I would assume that applies.
It would seem plausible that as a fb independent, BYU would have a clause in their scheduling agreements with individual schools, that they would have an option to escape games without financial burden in case BYU joins a conference for fb. This would apply to scheduled games perhaps 2+ years out.

I don't know if such terms are rigidly defined. But factors that cause future cancelations are well known. Some cancelations are just arbitrary and can be motivated by any kind of greed. Paying the penalty is deemed worth it. Doing it with one school is not uncommon, but a whole slate of them for multiple years, nope.
Related article. BYU may begin B12 play before the newbies from the AAC do.

https://www.sltrib.com/sports/byu-cougar...-cost-byu/
(09-09-2021 01:00 PM)JRsec Wrote: [ -> ]
(09-09-2021 12:24 PM)Gamecock Wrote: [ -> ]Gun to my head I'd say that OU/UT and the AAC schools all play the 2022 seasons in their current conferences before moving effective July 2023. BYU is sort of a wildcard and could probably come for 2022 if they really wanted to. But it's hard to see it lingering beyond that.

The annual media revenue of the AAC is 7 million per school with no GOR.

BYU's annual revenue is at least double that and as an independent they have to buyout at least 9 games to make an early move.

The estimated new payout for a rebuilt B12 is 25 million.

What incentive would Cincinnati, UCF and Houston have to stay?

To date no school has had an exit fee that exceeded 1 years worth of media revenue withheld by a conference. The reason for this is that conferences have no means of collecting a debt from another sovereign state's state school. Privates are a different matter.

So the AAC has no means of enforcement which is why they are now talking to prospective members.

If movement happens early it will be Houston, Cincinnati and Central Florida playing in the new Big 12 in 2022 and Texas and Oklahoma in the SEC at the same time, but after a larger negotiated settlement due to the GOR.

BYU as a private may be the only one which will take longer than a year to move and then only due to scheduling obligations as most games 2 years out can be canceled without financial penalty due to contingencies.

I understand all or most of their games had clauses negating cancellation fees if they got an invite to a power conference. Looks like that was a smart move by their AD.
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