oldtiger
Forgiven Through Jesus' Grace
Posts: 23,014
Joined: Feb 2004
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I Root For: Memphis
Location: Germantown
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RE: Exit Fee info directly from C-USA bylaws
(02-27-2013 02:49 PM)Freshy Wrote: UCF should be able to mitigate some of their costs in exit fees through their championship game appearances in football. While the media rights are factored into a contract, some of the conference-controlled money earned through the title game is not. UCF can use this as a bargaining chip the same way Memphis did, although to a much lesser extent. In other words, Memphis deserved a break because they earned the conference money it otherwise would not have gotten. UCF has a lesser claim to the same argument. At least, that is how I understand it.
I'm no expert and it's all a little murky, but I really don't think that Memphis used any "bargaining chip" or got a break (that wasn't in the agreement). I thought that the basketball credits were defined in the agreement. Perhaps the championship game receipts, or a portion there of are also defined in the agreement.
After the outcry from the last exit "one off" agreements, I'm not sure how much bartering will happen this time.
We owe +/- $6.5 million and haven't welched on that amount anywhere that I can see. I'm not sure that all departing programs are taking that view.
(This post was last modified: 02-27-2013 03:46 PM by oldtiger.)
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02-27-2013 03:44 PM |
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