(03-28-2013 11:01 AM)Tallgrass Wrote: All this assumes UConn and Cincy stay put. Take them out, the NCAA basketball money is gone and the Nbe/A12 tv contract takes a hit also.
If UConn and UC leave for greener pastures, the Big TBA teams that recently joined hit the jackpot, because those two would leave the $60m in exit / entrance fees paid in and the legacy NCAA units behind.
Remember that the checks from the NCAA will work out to over a million per school over the next five years even if the Big TBA is one tournament winner AQ that is one and done from here on out. The question of how that money is divided has yet to be settled, but if UConn and UC leave, then splitting up whatever hasn't been paid out will end up to be divided between the newbies.
(03-28-2013 11:20 AM)billings Wrote: I think the C-7 took their BB credits with them.
But that was by agreement by both parties. The C7 had the three remaining members over a barrel on leaving, since they had the right to leave without paying anything if they left as a group, and the only question was how fast, plus you don't lose your votes until you OFFICIALLY notify the conference, so they had more votes until they put in notice. So the two sides came to an agreement where the C7 quit all of their remaining claims on the conference in return for their BB credits being forwarded to them as received, the Big East name, the MSG contract (which the Garden would have cancelled on the Big TBA anyway), a little bit of money from the restructure fund, permission to leave this July, and agreement to cooperate on maintaining AQ for Olympic sports that would otherwise drop below the 6 required. That last kept AQ for New Big East Lacrosse, which is part of the Fox Sports contract.
Note that the C7 were originally asking for a bigger slice of money ~ they wanted "their share" of legacy BB credits and exit fees ~ but the remaining three had THEM over a barrel on leaving early, so most of the BB credits (Lousiville, Pitt, etc.) and most of the exit/entrance fee revenue stayed with the Big TBA when all was said and done.
If UConn and UC exit, it will be like Syracuse, Pitt, WV, etc., and the BB credits will stay with the Big TBA.