(07-06-2022 01:18 PM)Memphis Yankee Wrote: (07-06-2022 01:16 PM)TodgeRodge Wrote: (07-06-2022 01:12 PM)Memphis Yankee Wrote: (07-06-2022 12:45 PM)otown Wrote: (07-06-2022 11:22 AM)Cubanbull1 Wrote: You think Big12 is getting 80 million? I think both are about the same, maybe with UO and UW the PAC gets slightly more. So the question is why would anyone go thru exit and entry fees to join either? So more likely I see the PAC staying put and adding schools like SDSU and SMU
That is exactly my point. You stated that you can see ESPN offering the PAC a contract and even pull from the Big 12. Hence why I asked if the contract per member would make those Big 12 teams that jump and extra $80 million to offset their exit fee. Clearly it wont, so this nonsense of Big 12 teams going to either the PAC or even the ACC (with their current contract) is ridiculous. But here we are, time and time again, seeing people throw this on the wall. Its not just you, lots of posters are doing it and it makes zero sense, let alone there are zero sources linking Big 12 teams to jumping to the PAC.
B12 teams that would want to go to the Pac could just wait it out like Texas and Oklahoma are doing. Couldn't they?
there is no "waiting it out" in exit fees and that includes for Texas and OU
the Big 12 GOR does not have exit fees and none of the similar GORs for the ACC or PAC 12 have them......this is done for a reason
The totally and completely separate Contract For Conference Membership that ends 99 years from Sept. 2012 for the Big 12 has an exit of an amount equal to the prior two years conference distributions
it makes clear those exit fees apply without a separate GOR in place
Texas and OU are waiting out the Big 12 GOR not any elimination of exit fees because the contract with the exit fees goes on another 89 years
So the grant of rights is tied to the networks? This is so confusing.
the GOR is an agreement between the conference and conference members it has nothing to do with the media partners
it grants the media rights of each conference member to the conference for a specific period of time
the conference then sells those rights to the media partners
the GOR does not provide any compensation in terms of money for those rights.....some people say this is a way to attack the GOR because a contract needs to provide "consideration" for something given (media rights), but others can argue that the stability of being in a conference (and the schedule of annual games ect) is a "consideration" or the actual airing of the games is a "consideration" because a "consideration" does not have to be monetary
in the case of the Big 12 (and ACC) there are then also contracts for conference membership (the one for the Big 12 signed in Sept of 2012 and that runs for 99 years
that spells out voting rights, member behaviors and expectations, compensation for being a member, how one can exit the conference, exit fees for doing so
but in the case of the Big 12 (and ACC) the contract makes clear that even if a member leaves they are still subject to the GOR until it ends and their media rights are still the property of the conference, but they will no longer be getting conference distributions
which goes back to the "consideration" aspect of things....but of course in the separate GOR there can be a million ways to look at what "considerations" come from that GOR other than simply finances
the only real contract between a conference and media partners would be a third (or more for multiple media partners or perhaps different tiers of media rights) that would be between the conference and their media partners and most likely includes the members as signatories as well
so in the case of the Big 12 you are free to exit the conference any time you like and pay the exit fees, but your media rights stay with the conference unless you want to go to court and explain why you should be allowed to break a contract you willingly signed, you will be damaged for not taking your media rights with you, but your conference will NOT be damaged by any amount much less an amount equal or greater than the damages you are trying to claim for YOU breaking a contract
not really the strongest legal position to hold