(06-11-2012 06:42 PM)brista21 Wrote: (06-11-2012 06:41 PM)mattsarz Wrote: Hopefully whatever money is paid by TCU, if any, plus the settlement from WVU goes to the schools and not just the conference office. I believe it was Rutgers who lost a home game when both schools elected to go elsewhere and wanted to be compensated.
Pitt did as well and should also be compensated leaving or not.
This may be the rub. There may be more than 1 party that claims all or a part of the $5,000,000, and most people don't willingly pay a money debt more than once.
TCU might be well served to get a release signed not only by the BE office, but by all the institutions that were BE members when TCU joined, and all the institutions that have joined or contracted to join since then.
This is an unlikely but not impossible story line.
If everyone won't sign, interplead the money.
Turn the $5mm over to the registry of the court with TCU disclaiming ownership of it. Join the dozens of institutions that might have some claim to the money or to a part of it. Ask for a court order determining that TCU has paid up, and letting everyone else fight over the money while TCU goes about its business untroubled by the asylum inmates.
More likely story.
Lawyers in Fort Worth and Providence disagree on when the money is due. That could be settled by court-supervised alternative dispute resolution if not by motion for summary judgment.
I doubt the lawyers in Fort Worth are naive enough to actually believe the "It ain't the same Big East we were promised, it's less than what we thought we were getting and therefore we don't owe" is a winner, or at least not an easy winner.