(06-30-2022 10:11 AM)johnbragg Wrote:  

(06-30-2022 08:54 AM)benny_t Wrote:  

(06-29-2022 10:01 PM)TOPSTRAIGHT Wrote:  

(06-29-2022 06:34 PM)johnbragg Wrote:  

(06-24-2022 06:46 AM)GreenBison Wrote:  Jax State hasn't paid their million, yet CUSA is letting them in. Also, CUSA is cool with UAB not having to pay their exit fees I assume.

Conference USA structures their exit fees in the form of withheld distributions. UAB doesn't have to cut a check to the conference--the conference just doesn't send UAB a check in June 2022 or 23 and they're square.

That was part of CUSA's problem with Marshall, USM and ODU leaving a year early--if you're not in the conference, there are no distributions to withhold, so you've given yourself a 50% discount on the exit fee. As predicted, the settlement was for about the amount that CUSA schools were getting per year in conference distributions.

EDIT: YEah, 5 or 6 other people already said this.

Yes. The SBC3 tried to skip town without paying the full bill. It didn't work. Turns out distributions are easier to enforce than exit fees IMHO. Now EKU is trying the same thing.

SBC3 tried to leave early which CUSA did not want to negotiate and tried making us stay.

Ended up not mattering. the CUSA --> SB3 settled for about the amount they would have had withheld in distributions if they had stayed the required 14 months, which is probably what they would have offered if CUSA were willing to settle in January.

I agree. Instead of negotiating it had to involve the courts and then we wind up negotiating anyway. Just wasted a couple months.

(06-30-2022 10:48 AM)benny_t Wrote:  

(06-30-2022 10:11 AM)johnbragg Wrote:  

(06-30-2022 08:54 AM)benny_t Wrote:  

(06-29-2022 10:01 PM)TOPSTRAIGHT Wrote:  

(06-29-2022 06:34 PM)johnbragg Wrote:  Conference USA structures their exit fees in the form of withheld distributions. UAB doesn't have to cut a check to the conference--the conference just doesn't send UAB a check in June 2022 or 23 and they're square.

That was part of CUSA's problem with Marshall, USM and ODU leaving a year early--if you're not in the conference, there are no distributions to withhold, so you've given yourself a 50% discount on the exit fee. As predicted, the settlement was for about the amount that CUSA schools were getting per year in conference distributions.

EDIT: YEah, 5 or 6 other people already said this.

Yes. The SBC3 tried to skip town without paying the full bill. It didn't work. Turns out distributions are easier to enforce than exit fees IMHO. Now EKU is trying the same thing.

SBC3 tried to leave early which CUSA did not want to negotiate and tried making us stay.

Ended up not mattering. the CUSA --> SB3 settled for about the amount they would have had withheld in distributions if they had stayed the required 14 months, which is probably what they would have offered if CUSA were willing to settle in January.

I agree. Instead of negotiating it had to involve the courts and then we wind up negotiating anyway. Just wasted a couple months.

Well hold on now. It wasn't totally wasted. Sure gave this message board a lot to discuss.

And it was inconvenient for you guys, right? That's a plus.

(06-30-2022 10:50 AM)inutech Wrote:  

(06-30-2022 10:48 AM)benny_t Wrote:  

(06-30-2022 10:11 AM)johnbragg Wrote:  

(06-30-2022 08:54 AM)benny_t Wrote:  

(06-29-2022 10:01 PM)TOPSTRAIGHT Wrote:  Yes. The SBC3 tried to skip town without paying the full bill. It didn't work. Turns out distributions are easier to enforce than exit fees IMHO. Now EKU is trying the same thing.

SBC3 tried to leave early which CUSA did not want to negotiate and tried making us stay.

Ended up not mattering. the CUSA --> SB3 settled for about the amount they would have had withheld in distributions if they had stayed the required 14 months, which is probably what they would have offered if CUSA were willing to settle in January.

I agree. Instead of negotiating it had to involve the courts and then we wind up negotiating anyway. Just wasted a couple months.

Well hold on now. It wasn't totally wasted. Sure gave this message board a lot to discuss.

And it was inconvenient for you guys, right? That's a plus.

I think it was equally inconvenient for CUSA. There was, what, a two month period where CUSA and SBC had published schedules that were liable to be rewritten. And CUSA ended up having to rewrite theirs. So actually more inconvenient for CUSA--Marshall is playing the schedule they announced in MArch, Middle Tennessee is not. (I think. I don't care enough to google up who announced what schedule when, or if MTSU was supposed to play one of the SB3)

Bad performance by the CUSA office. But not important in the grand scheme of things.

EDIT: Actually if CUSA had negotiated in January, they'd have been in a position to charge a 50% or so nuisance fee, which I think the SB3 would have agreed to rather than go through this spring's drama. Or the SB3 would have balked at the price tag and played out another lame duck year. Either way, this is a thing that is CUSA office's fault.