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UConn Big EAst Contract
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johnbragg Online
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Post: #1
UConn Big EAst Contract
JUST HOOK IT TO MY VEINS!

EDIT 1.
Quote:Following the Execution Date, the University shall immediately take steps and all other actions to facilitate withdrawal from the AAC in accordance with the
governing documents of all varsity sports sponsored by the Conference on terms acceptable to the University as soon as practical, but in no event later than June 30, 2022 (the Withdrawal) and
(ii) comply in all respects with any of the University's other agreements or enforceable obligations that relate to such Withdrawal. It is understood that if the University has not joined the Conference and begun participation as a full member by July 1, 2022, this Agreement shall be terminable by
the Conference under Section 11(a)(ii).

So UConn might be joining in 2020-21, or 2021-22, or 2022-23. So I can stop feverishly filling notebooks with plans for indy schedules for 2020.

EDIT 2.
SEction 11 ©. If UConn "does a TCU" and joins a P5 before their Entrance Date, they pay the Big East $30M.

Quote: The University acknowledges and agrees that in the event this
Agreement is terminated by the Conference pursuant to Section ll(a)(ii), vi or
at any time prior to the Entrance Date or the University otherwise refuses, is unable or otherwise fails to join the Conference on the Entrance Date for any reason whatsoever (each of and a ?Triggering Event?), the Conference and the other Members will suffer substantial damages, the amount of which is dif?cult to predict and cannot be measured with precision. Accordingly, upon the occurrence of any Triggering Event, then, in addition to the Conference?s right to retain any amount previously paid by the University hereunder, and without limiting any other right or remedy that may be available to the Conference hereunder, the University shall pay to the Conference, as liquidated damages and not as a penalty, and as a genuine and reasonable pre-estimate of the actual damages that would likely be suffered by the Conference under such circumstances, an amount in cash equal to $30,000,000 (?Liquidated Damages?) on the date of the Triggering Event. Payment of the Liquidated Damages will be made in full satisfaction of all of the University?s obligations to the Conference as a result of the termination of this Agreement; provided, that in addition to the Liquidated Damages, the Conference shall continue to have the - right to recover from the University any Losses for which the University has agreed to reimburse the Conference Reirnbursees under Section 9 above that arise from or relate to any third party claim.
(This post was last modified: 06-26-2019 04:20 PM by johnbragg.)
06-26-2019 03:30 PM
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Cyniclone Online
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Post: #2
RE: UConn Big EAst Contract
(06-26-2019 03:30 PM)johnbragg Wrote:  JUST HOOK IT TO MY VEINS!

EDIT 1.
Quote:Following the Execution Date, the University shall immediately take steps and all other actions to facilitate withdrawal from the AAC in accordance with the
governing documents of all varsity sports sponsored by the Conference on terms acceptable to the University as soon as practical, but in no event later than June 30, 2022 (the Withdrawal) and
(ii) comply in all respects with any of the University's other agreements or enforceable obligations that relate to such Withdrawal. It is understood that if the University has not joined the Conference and begun participation as a full member by July 1, 2022, this Agreement shall be terminable by
the Conference under Section 11(a)(ii).

So UConn might be joining in 2020-21, or 2021-22, or 2022-23. So I can stop feverishly filling notebooks with plans for indy schedules for 2020.

Once both parties have agreed to a split, no matter how amicable, they proceed with all due speed to execute it as quickly as possible. Neither UConn nor the AAC wants to deal with multiple lame-duck seasons. I'd be shocked — shocked, I tell you! — if UConn isn't a full Big East member on July 1, 2020.
(This post was last modified: 06-26-2019 03:49 PM by Cyniclone.)
06-26-2019 03:48 PM
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Attackcoog Offline
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Post: #3
RE: UConn Big EAst Contract
(06-26-2019 03:48 PM)Cyniclone Wrote:  
(06-26-2019 03:30 PM)johnbragg Wrote:  JUST HOOK IT TO MY VEINS!

EDIT 1.
Quote:Following the Execution Date, the University shall immediately take steps and all other actions to facilitate withdrawal from the AAC in accordance with the
governing documents of all varsity sports sponsored by the Conference on terms acceptable to the University as soon as practical, but in no event later than June 30, 2022 (the Withdrawal) and
(ii) comply in all respects with any of the University's other agreements or enforceable obligations that relate to such Withdrawal. It is understood that if the University has not joined the Conference and begun participation as a full member by July 1, 2022, this Agreement shall be terminable by
the Conference under Section 11(a)(ii).

So UConn might be joining in 2020-21, or 2021-22, or 2022-23. So I can stop feverishly filling notebooks with plans for indy schedules for 2020.

Once both parties have agreed to a split, no matter how amicable, they proceed with all due speed to execute it as quickly as possible. Neither UConn nor the AAC wants to deal with multiple lame-duck seasons. I'd be shocked — shocked, I tell you! — if UConn isn't a full Big East member on July 1, 2020.

The 27 month portion of the exit fee is negotiable. Dont be surprised if the exit fee rises to something like 15-16 million or so---but with the stipulation that UConn football can stay in the AAC through the end of the 2020-2021 season. Baskketball would go to the Big East for the 2020-2021 season. Football gets a longer runway for building up to indy play and basketball gets to the Big East ASAP. Everything is negotiable.
(This post was last modified: 06-26-2019 04:01 PM by Attackcoog.)
06-26-2019 03:57 PM
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loki_the_bubba Offline
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Post: #4
RE: UConn Big EAst Contract
I'm not a lawyer...but...

Doesn't 1.b on page 1 say they cannot negotiate putting their football into a G5 until after they actually enter the Big East?
06-26-2019 04:04 PM
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BruceMcF Offline
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Post: #5
RE: UConn Big EAst Contract
(06-26-2019 03:57 PM)Attackcoog Wrote:  The 27 month portion of the exit fee is negotiable. Dont be surprised if the exit fee rises to something like 15-16 million or so---but with the stipulation that UConn football can stay in the AAC through the end of the 2020-2021 season. Baskketball would go to the Big East for the 2020-2021 season. Football gets a longer runway for building up to indy play and basketball gets to the Big East ASAP. Everything is negotiable.

Actually a 2021/2022 start of 11 team conference play gives the AAC one possible benefit, since if they can get a three year waiver on their 11 school conference schedule having two West Division schools skip a complete round robin more easily than they can get one with an indefinite end date, that takes them until 2023/2024, and by the end of the 2023 FB season, the wheels may already be spinning on another round of P5 realignment.
06-26-2019 04:07 PM
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johnbragg Online
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Post: #6
RE: UConn Big EAst Contract
(06-26-2019 04:04 PM)loki_the_bubba Wrote:  I'm not a lawyer...but...

Doesn't 1.b on page 1 say they cannot negotiate putting their football into a G5 until after they actually enter the Big East?

Into anyone BUT a G5.
06-26-2019 04:08 PM
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usffan Offline
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Post: #7
RE: UConn Big EAst Contract
(06-26-2019 04:08 PM)johnbragg Wrote:  
(06-26-2019 04:04 PM)loki_the_bubba Wrote:  I'm not a lawyer...but...

Doesn't 1.b on page 1 say they cannot negotiate putting their football into a G5 until after they actually enter the Big East?

Into anyone BUT a G5.

[Image: d_g550_a_print_038_900_401_70.jpg]

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06-26-2019 04:09 PM
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loki_the_bubba Offline
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Post: #8
RE: UConn Big EAst Contract
(06-26-2019 04:08 PM)johnbragg Wrote:  
(06-26-2019 04:04 PM)loki_the_bubba Wrote:  I'm not a lawyer...but...

Doesn't 1.b on page 1 say they cannot negotiate putting their football into a G5 until after they actually enter the Big East?

Into anyone BUT a G5.

Too many 'shall not's and 'other than's. I didn't follow the logic right.
06-26-2019 04:10 PM
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megadrone Offline
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Post: #9
RE: UConn Big EAst Contract
(06-26-2019 03:30 PM)johnbragg Wrote:  JUST HOOK IT TO MY VEINS!

EDIT 1.
Quote:Following the Execution Date, the University shall immediately take steps and all other actions to facilitate withdrawal from the AAC in accordance with the
governing documents of all varsity sports sponsored by the Conference on terms acceptable to the University as soon as practical, but in no event later than June 30, 2022 (the Withdrawal) and
(ii) comply in all respects with any of the University's other agreements or enforceable obligations that relate to such Withdrawal. It is understood that if the University has not joined the Conference and begun participation as a full member by July 1, 2022, this Agreement shall be terminable by
the Conference under Section 11(a)(ii).

So UConn might be joining in 2020-21, or 2021-22, or 2022-23. So I can stop feverishly filling notebooks with plans for indy schedules for 2020.

EDIT 2.
SEction 11 ©. If UConn "does a TCU" and joins a P5 before their Entrance Date, they pay the Big East $30M.

Quote: The University acknowledges and agrees that in the event this
Agreement is terminated by the Conference pursuant to Section ll(a)(ii), vi or
at any time prior to the Entrance Date or the University otherwise refuses, is unable or otherwise fails to join the Conference on the Entrance Date for any reason whatsoever (each of and a ?Triggering Event?), the Conference and the other Members will suffer substantial damages, the amount of which is dif?cult to predict and cannot be measured with precision. Accordingly, upon the occurrence of any Triggering Event, then, in addition to the Conference?s right to retain any amount previously paid by the University hereunder, and without limiting any other right or remedy that may be available to the Conference hereunder, the University shall pay to the Conference, as liquidated damages and not as a penalty, and as a genuine and reasonable pre-estimate of the actual damages that would likely be suffered by the Conference under such circumstances, an amount in cash equal to $30,000,000 (?Liquidated Damages?) on the date of the Triggering Event. Payment of the Liquidated Damages will be made in full satisfaction of all of the University?s obligations to the Conference as a result of the termination of this Agreement; provided, that in addition to the Liquidated Damages, the Conference shall continue to have the - right to recover from the University any Losses for which the University has agreed to reimburse the Conference Reirnbursees under Section 9 above that arise from or relate to any third party claim.

Yes, I read section 11© and thought the Big East learned a lot from the TCU debacle. Then I remembered this isn't the same Big East.
06-26-2019 05:13 PM
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johnbragg Online
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Post: #10
RE: UConn Big EAst Contract
(06-26-2019 05:13 PM)megadrone Wrote:  Yes, I read section 11© and thought the Big East learned a lot from the TCU debacle. Then I remembered this isn't the same Big East.

We got our $5M from TCU though, which was the same as the exit fee. If UConn joins the ACC or Big 12 tomorrow, the Big East will get our $30M, just like the old Big East did from TCU.
06-26-2019 05:21 PM
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DavidSt Offline
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RE: UConn Big EAst Contract
I think this is a mistake on UConn. Going to the Big East is a downgrade.
06-26-2019 06:07 PM
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Bogg Offline
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Post: #12
RE: UConn Big EAst Contract
(06-26-2019 06:07 PM)DavidSt Wrote:  I think this is a mistake on UConn. Going to the Big East is a downgrade.

It's not. It just isn't. Even if it was a lateral move (which it isn't) it's still an upgrade because of the historical/geographic connections and the tournament. People just don't like the idea of a school where football isn't the driving force.
06-26-2019 06:23 PM
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The Cutter of Bish Offline
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Post: #13
RE: UConn Big EAst Contract
(06-26-2019 05:13 PM)megadrone Wrote:  Yes, I read section 11© and thought the Big East learned a lot from the TCU debacle. Then I remembered this isn't the same Big East.

Oh, I think it very much IS the same Big East. It was supposedly one of the current basketball schools who didn’t want TCU there, and the Horned Frogs got out of that place too cheap. Yeah, that ain’t happening again.

And this is the same Big East that UConn collected from more favorably than others when the basketball schools left. UConn is getting a gift here...they’re going to pay if they skip out.

TBH, I don’t know why this move couldn’t have happened sooner other than that favorable share thing. Very convenient, imo, that the money runs out and NOW UConn needs to think of its future. Yeah, Big East is VERY smart here. They seem to anticipate the AAC is going to sue the ever loving **** out of them if they try to skip out too early.
06-26-2019 06:27 PM
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quo vadis Offline
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Post: #14
RE: UConn Big EAst Contract
(06-26-2019 06:07 PM)DavidSt Wrote:  I think this is a mistake on UConn. Going to the Big East is a downgrade.

It's a big boost for UConn, and the Big East.

Win-Win. 07-coffee3
06-26-2019 06:28 PM
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spenser Online
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RE: UConn Big EAst Contract
(06-26-2019 06:23 PM)Bogg Wrote:  
(06-26-2019 06:07 PM)DavidSt Wrote:  I think this is a mistake on UConn. Going to the Big East is a downgrade.

It's not. It just isn't. Even if it was a lateral move (which it isn't) it's still an upgrade because of the historical/geographic connections and the tournament. People just don't like the idea of a school where football isn't the driving force.

It is a big downgrade. The Big East is Villanova and 9 Atlantic 10 level basketball schools at this point. Cincinnati, Houston, Temple, and Memphis will be a better group than anything Big East has going forward and Wichita State, UCF, and SMU have shown to be better than the middle of Big East.

All those teams UCONN remembers playing are gone beside Nova and Georgetown.
06-26-2019 06:34 PM
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MWC Tex Offline
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Post: #16
RE: UConn Big EAst Contract
(06-26-2019 06:23 PM)Bogg Wrote:  
(06-26-2019 06:07 PM)DavidSt Wrote:  I think this is a mistake on UConn. Going to the Big East is a downgrade.

It's not. It just isn't. Even if it was a lateral move (which it isn't) it's still an upgrade because of the historical/geographic connections and the tournament. People just don't like the idea of a school where football isn't the driving force.

They are moving to a Power conference in basketball. It just now is more powerful with UConn in it.
06-26-2019 06:39 PM
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Bogg Offline
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RE: UConn Big EAst Contract
(06-26-2019 06:34 PM)spenser Wrote:  
(06-26-2019 06:23 PM)Bogg Wrote:  
(06-26-2019 06:07 PM)DavidSt Wrote:  I think this is a mistake on UConn. Going to the Big East is a downgrade.

It's not. It just isn't. Even if it was a lateral move (which it isn't) it's still an upgrade because of the historical/geographic connections and the tournament. People just don't like the idea of a school where football isn't the driving force.

It is a big downgrade. The Big East is Villanova and 9 Atlantic 10 level basketball schools at this point. Cincinnati, Houston, Temple, and Memphis will be a better group than anything Big East has going forward and Wichita State, UCF, and SMU have shown to be better than the middle of Big East.

All those teams UCONN remembers playing are gone beside Nova and Georgetown.

Nearest I can tell, since the split the non-Villanova Big East schools have twice as many tournament victories as the AAC minus UConn - 16 combined wins to 8. Nova themselves have an additional 16 tournament wins over that time period, and UConn's been the most successful tournament team in the AAC with 7 wins to their name.

Since the split the Big East plus UConn have 39 tournament wins and 3 National Championships to the remaining AAC's 8 wins and a single sweet sixteen. Couple that with the historical opponents and the best tournament in college basketball and it's not really close.
06-26-2019 07:05 PM
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johnbragg Online
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RE: UConn Big EAst Contract
(06-26-2019 06:34 PM)spenser Wrote:  
(06-26-2019 06:23 PM)Bogg Wrote:  
(06-26-2019 06:07 PM)DavidSt Wrote:  I think this is a mistake on UConn. Going to the Big East is a downgrade.

It's not. It just isn't. Even if it was a lateral move (which it isn't) it's still an upgrade because of the historical/geographic connections and the tournament. People just don't like the idea of a school where football isn't the driving force.

It is a big downgrade. The Big East is Villanova and 9 Atlantic 10 level basketball schools at this point. Cincinnati, Houston, Temple, and Memphis will be a better group than anything Big East has going forward and Wichita State, UCF, and SMU have shown to be better than the middle of Big East.

All those teams UCONN remembers playing are gone beside Nova and Georgetown.

So you want to do this.

Okay, let's do this. Limit to the last 20 years, so we're not talking about Ewing and Mullin and Hakeem and Ron Artest etc. And let's compare each group without UConn.

National Championships: Villanova's got 2. AAC zero.
Final Fours. 4 schools with 7 (Nova 3, Butler 2, Georgetown, Marquette) vs 2 (Wichita, Memphis).
Sweet Sixteens 5 schools with 24 (Nova 6, GT 2, Marquette 4, X 7, Butler 5) vs 6 schools with 12 (Memphis 4, Cinci 2, Wichita 3, Temple 1, Houston 1, Tulsa 1)
NCAA Tournament Big East 96 appearances, AAC 55.

Schools with 10+ NCAA's in the last 20 years Villanova, Marquette, Creighton vs Memphis, Cincinnati
Schools with 5+ NCAA's in the last 20 years Everybody but Depaul vs Memphis, Cinci, Temple, Wichita.

Without UConn, your lineup does not compare to ours. That's why we the C7 left. And that's why UConn left.
(This post was last modified: 06-26-2019 07:23 PM by johnbragg.)
06-26-2019 07:22 PM
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Bogg Offline
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RE: UConn Big EAst Contract
(06-26-2019 07:22 PM)johnbragg Wrote:  
(06-26-2019 06:34 PM)spenser Wrote:  
(06-26-2019 06:23 PM)Bogg Wrote:  
(06-26-2019 06:07 PM)DavidSt Wrote:  I think this is a mistake on UConn. Going to the Big East is a downgrade.

It's not. It just isn't. Even if it was a lateral move (which it isn't) it's still an upgrade because of the historical/geographic connections and the tournament. People just don't like the idea of a school where football isn't the driving force.

It is a big downgrade. The Big East is Villanova and 9 Atlantic 10 level basketball schools at this point. Cincinnati, Houston, Temple, and Memphis will be a better group than anything Big East has going forward and Wichita State, UCF, and SMU have shown to be better than the middle of Big East.

All those teams UCONN remembers playing are gone beside Nova and Georgetown.

So you want to do this.

Okay, let's do this. Limit to the last 20 years, so we're not talking about Ewing and Mullin and Hakeem and Ron Artest etc. And let's compare each group without UConn.

National Championships: Villanova's got 2. AAC zero.
Final Fours. 4 schools with 7 (Nova 3, Butler 2, Georgetown, Marquette) vs 2 (Wichita, Memphis).
Sweet Sixteens 5 schools with 24 (Nova 6, GT 2, Marquette 4, X 7, Butler 5) vs 6 schools with 12 (Memphis 4, Cinci 2, Wichita 3, Temple 1, Houston 1, Tulsa 1)
NCAA Tournament Big East 96 appearances, AAC 55.

Schools with 10+ NCAA's in the last 20 years Villanova, Marquette, Creighton vs Memphis, Cincinnati
Schools with 5+ NCAA's in the last 20 years Everybody but Depaul vs Memphis, Cinci, Temple, Wichita.

Without UConn, your lineup does not compare to ours. That's why we the C7 left. And that's why UConn left.

Memphis doesn't have a Final Four since the 1970's. Their 2008 season got vacated by the NCAA.
(This post was last modified: 06-26-2019 07:27 PM by Bogg.)
06-26-2019 07:27 PM
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Post: #20
RE: UConn Big EAst Contract
Neither side wants a lame duck year.

But yes 2020 scheduling for Football will be difficult. I don't see the American being nice to UConn however. They have a history of less than amicable splits. So I think they throw them to the curb, and only let Rowing remain in the American.

The nice thing to do would be to allow UConn to play the 2020 schedule, but they would not count as AAC games, and they would get zero TV revenue. The Big East in return could take in the Men's Swimming programs (SMU and ECU) which are orphaned. Note, this would also allow the waiver issue to be put off a year, so the 2021 and 2022 would be under the automatic waiver (two years to get back in compliance), instead of 2020 and 2021. It's more time to lobby for division-less football. Also schools like Houston want to continue to schedule UConn in Basketball, especially women's. So incentive all around.

But nice may very well not prevail here. Lot's of anger in the American ranks. So I expect a hard break. The 2021 and 2022 Independent schedules can probably be worked out reasonably well (not great but workable). 2020 will be dreadful. I looked around at who is still free and I think 4 games is about all the more they will be able to add from G5 (and that will take some work). To get beyond that they either need to schedule more FCS schools or find a game where both teams are willing to break it (play that game another year) and UConn replace the opponent for both (Liberty did that I think with three or four games to build it's schedules). Doable but not easy.

It will be interesting to see what happens
(This post was last modified: 06-26-2019 07:51 PM by Stugray2.)
06-26-2019 07:49 PM
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