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We should not have to pay a dime over 1.75m to leave. We are a charter member, honestly we shouldn't have to pay any money to leave this joke of a conference.

https://sm2media.com/31214/news/usm-paid...xit-c-usa/

Quote:It was previously reported that the typical Conference USA exit fee was $3 million, but the conference and the universities agreed to settle for a $1.75 million buyout. This was also a penalty for not giving the required 14 months’ notice before leaving. Southern Miss was required to pay the fee within 30 calendar days of receiving the notice, which it appears they have done so.

Quote:The agreement required Marshall, Old Dominion and Southern Miss to refrain from disclosing the agreement with other universities. The documents specifically named Florida Atlantic, Charlotte, North Texas, UTSA and UAB as schools to not share the information with.

Plus we're giving more notice

Just do a scheduling deal and be done with it.

Two home and homes with La Tech and WKU in football and basketball. Over and out.

Maybe Brett got a piece of the buyout like he did that Mississippi welfare money.

(09-22-2022 09:02 AM)blazerblazer Wrote:  We should not have to pay a dime over 1.75m to leave. We are a charter member, honestly we shouldn't have to pay any money to leave this joke of a conference.

https://sm2media.com/31214/news/usm-paid...xit-c-usa/

Quote:It was previously reported that the typical Conference USA exit fee was $3 million, but the conference and the universities agreed to settle for a $1.75 million buyout. This was also a penalty for not giving the required 14 months’ notice before leaving. Southern Miss was required to pay the fee within 30 calendar days of receiving the notice, which it appears they have done so.

Quote:The agreement required Marshall, Old Dominion and Southern Miss to refrain from disclosing the agreement with other universities. The documents specifically named Florida Atlantic, Charlotte, North Texas, UTSA and UAB as schools to not share the information with.

It is my understanding that the AAC6 aren't paying any "fee" to exit, just a forfeiture of normal conference distributions. The "fee" assessed to the SBC3 was essentially to recoup the lost money from them leaving a year early (can't withhold conference payouts for a team not in the conference).