(05-13-2022 06:33 PM)Attackcoog Wrote:  

(05-13-2022 01:22 PM)Wedge Wrote:  

(05-13-2022 11:50 AM)Attackcoog Wrote:  They have to pay the 70 million base exit fee no matter what they do. They can get a full share SEC payout if the SEC gets full rights---but that would REQUIRE a financial GOR settlement with the Big12---which would likely offset any benefit from receiving a full SEC share for UT/OK. Im just making the point that UT/OK could potentially bolt without reaching a settlement on the GOR. Its probably just as financially workable as bolting with a settlement. Either way involves some pain.

I think your argument is contrary to the meaning of "settlement"?

When there is a settlement agreement, then whomever has to pay under the agreement, they pay only what the settlement agreement calls for. Not more or less than that. If those schools make a settlement agreement with the Big 12, they pay what the agreement requires them to pay, whether it's $1 or $1 billion or something in between.

I think when most talk of "settlement" they are considering some sort of settlement modifying the current agreement. I dont think UT/OU have much chance of modifying the exit fee---but I do think its possible to deal with the GOR fallout (if the SEC is willing to work with the two) even if the Big12 is unwilling to negotiate on the GOR terms.

The Big 12 is willing to negotiate on the GOR, it is whether SEC and ESPN are willing to.