Hello There, Guest! (LoginRegister)

Post Reply 
Will the Incoming Aresco League Schools Get (Further) Screwed?
Author Message
Jet915 Offline
Special Teams
*

Posts: 831
Joined: Dec 2012
Reputation: 13
I Root For: Creighton/Navy
Location:
Post: #21
RE: Will the Incoming Aresco League Schools Get (Further) Screwed?
(02-28-2013 12:10 AM)Theodoresdaddy Wrote:  
(02-27-2013 10:39 PM)johnbragg Wrote:  There is a risk that UConn, USF, Cincinnati and maybe Temple will sell the Big East name to the C7 in exchange for all claim to the exit fee money, and then divide up the exit fee money amongst themselves. According to the emails sent by the Aresco League lawyer last December, there will be about $18.8M in the Realignment Reserve Fund by June 2013. Call it $21M when you include Boise's cancellation fee of $2.5M.

So they could sell the name to the C7 for the Realignment Fund, and then distribute the money amongst themselves, $7M each.

The new schools would be left with just the money coming in from Rutgers and Louisville, and maybe a final installment from Pitt and Syracuse, the article said $25M. That would have to be split 10 ways (or maybe 8 if they split the money in June 2014 before Tulane and ECU arrive.)

Plus $17.5M in entry fees over five years, if the entry fees get collected. But if the entry fees are being collected and then distributed to the membership, the entering schools are each paying $500,000 out of their conference revenue, for a total of $3.5M, which then gets split 10 ways, so they get a check for $350,000. (ACtually, by June 2013, Temple would have made 2 of their 5 payments. And Tulane and ECU's numbers look a little different because they're a year later. Their last year of paying entry fees, everyone gets a $100,000 check instead of $350,000.)

is it too late for the schools to tell the BE they're not coming?

Where else are they going to go? A watered down CUSA? Sure, MWC for some is a possibility but the travel is worse, revenue is not better and is unequal.
02-28-2013 09:27 AM
Find all posts by this user Quote this message in a reply
gocards#1 Offline
Banned

Posts: 485
Joined: Dec 2012
I Root For: Louisville
Location:
Post: #22
RE: Will the Incoming Aresco League Schools Get (Further) Screwed?
How are the incoming schools getting screwed? They knew the Big East was the most unstable conference in the country when they agreed to join, now that teams are leaving left and right are we supposed to feel sorry for them? If they really wanted to improve their standing and get a serious look from the big leagues they would've invested in their program like Louisville did the past 15-20 years and not squander every opportunity presented to them. This pity party stuff is getting ridiculous.
02-28-2013 09:27 AM
Find all posts by this user Quote this message in a reply
apex_pirate Offline
All American
*

Posts: 4,820
Joined: May 2010
Reputation: 95
I Root For: East Carolina
Location:
Post: #23
RE: Will the Incoming Aresco League Schools Get (Further) Screwed?
(02-28-2013 09:27 AM)gocards#1 Wrote:  How are the incoming schools getting screwed? They knew the Big East was the most unstable conference in the country when they agreed to join, now that teams are leaving left and right are we supposed to feel sorry for them? If they really wanted to improve their standing and get a serious look from the big leagues they would've invested in their program like Louisville did the past 15-20 years and not squander every opportunity presented to them. This pity party stuff is getting ridiculous.

The bolded statement is about as ignorant (in the true sense of the word) a comment as I have seen in a while.
(This post was last modified: 02-28-2013 09:31 AM by apex_pirate.)
02-28-2013 09:30 AM
Find all posts by this user Quote this message in a reply
b0ndsj0ns Offline
Legend
*

Posts: 27,059
Joined: Oct 2009
Reputation: 1018
I Root For: ECU
Location:
Post: #24
RE: Will the Incoming Aresco League Schools Get (Further) Screwed?
(02-28-2013 09:30 AM)apex_pirate Wrote:  
(02-28-2013 09:27 AM)gocards#1 Wrote:  How are the incoming schools getting screwed? They knew the Big East was the most unstable conference in the country when they agreed to join, now that teams are leaving left and right are we supposed to feel sorry for them? If they really wanted to improve their standing and get a serious look from the big leagues they would've invested in their program like Louisville did the past 15-20 years and not squander every opportunity presented to them. This pity party stuff is getting ridiculous.

The bolded statement is about as ignorant a comment as I have seen in a while.

You are expecting something different from a Loserville fan? That's your problem that type of post is the garbage I expect from all of them.
02-28-2013 09:31 AM
Find all posts by this user Quote this message in a reply
blunderbuss Offline
Banned

Posts: 19,649
Joined: Apr 2011
I Root For: ECU & the CSA
Location: Buzz City, NC
Post: #25
RE: Will the Incoming Aresco League Schools Get (Further) Screwed?
(02-28-2013 09:30 AM)apex_pirate Wrote:  
(02-28-2013 09:27 AM)gocards#1 Wrote:  How are the incoming schools getting screwed? They knew the Big East was the most unstable conference in the country when they agreed to join, now that teams are leaving left and right are we supposed to feel sorry for them? If they really wanted to improve their standing and get a serious look from the big leagues they would've invested in their program like Louisville did the past 15-20 years and not squander every opportunity presented to them. This pity party stuff is getting ridiculous.

The bolded statement is about as ignorant (in the true sense of the word) a comment as I have seen in a while.

I understand a lot of people hate UL fans but I'm not really sure how that's an ignorant comment. As annoying as they are, UL fans have probably done more to promote their school than any other in the nation over the past 20-30 years.

MVC+Indy --> Metro+Indy --> CUSA founding member --> Big East Power --> ACC

Factor in their hoops history and that's a pretty damn impressive path if you ask me.
(This post was last modified: 02-28-2013 09:46 AM by blunderbuss.)
02-28-2013 09:43 AM
Find all posts by this user Quote this message in a reply
oliveandblue Offline
Heisman
*

Posts: 7,779
Joined: Jan 2013
Reputation: 251
I Root For: Tulane
Location:
Post: #26
RE: Will the Incoming Aresco League Schools Get (Further) Screwed?
(02-28-2013 09:27 AM)gocards#1 Wrote:  How are the incoming schools getting screwed? They knew the Big East was the most unstable conference in the country when they agreed to join, now that teams are leaving left and right are we supposed to feel sorry for them? If they really wanted to improve their standing and get a serious look from the big leagues they would've invested in their program like Louisville did the past 15-20 years and not squander every opportunity presented to them. This pity party stuff is getting ridiculous.

I know that with Tulane and Rice the problem isn't money or urban locale - rather it is a general unwillingness to dump money that they do have into athletics. Tulane has never wanted their athletics programs to outshine their university - even though having a good basketball or football team wouldn't hurt their reputation. There's no excuse for it since Stanford, Northwestern, and Vanderbilt all do both tasks very well.
02-28-2013 09:56 AM
Find all posts by this user Quote this message in a reply
gocards#1 Offline
Banned

Posts: 485
Joined: Dec 2012
I Root For: Louisville
Location:
Post: #27
RE: Will the Incoming Aresco League Schools Get (Further) Screwed?
(02-28-2013 09:30 AM)apex_pirate Wrote:  
(02-28-2013 09:27 AM)gocards#1 Wrote:  How are the incoming schools getting screwed? They knew the Big East was the most unstable conference in the country when they agreed to join, now that teams are leaving left and right are we supposed to feel sorry for them? If they really wanted to improve their standing and get a serious look from the big leagues they would've invested in their program like Louisville did the past 15-20 years and not squander every opportunity presented to them. This pity party stuff is getting ridiculous.

The bolded statement is about as ignorant (in the true sense of the word) a comment as I have seen in a while.

Compare Louisville's standing in ~1990 to where Louisville will be in 2014. Tell me what you think. Is there any program in the country that has come as far? We went from almost dropping football in the 80's to winning two BCS bowls and being invited to a conference that we previously wouldn't have imagined joining in our wildest dreams.

What has ECU done in that time span?
02-28-2013 10:03 AM
Find all posts by this user Quote this message in a reply
Attackcoog Offline
Moderator
*

Posts: 44,738
Joined: Oct 2011
Reputation: 2860
I Root For: Houston
Location:
Post: #28
RE: Will the Incoming Aresco League Schools Get (Further) Screwed?
(02-28-2013 09:26 AM)johnbragg Wrote:  
(02-28-2013 08:58 AM)apex_pirate Wrote:  
(02-27-2013 11:36 PM)johnbragg Wrote:  
(02-27-2013 11:01 PM)BamaScorpio69 Wrote:  But they are not officially members of the Big East. So again how are the new members getting screwed?

They agreed to pay money to become partners in something as of July 2013. If the existing partners transfer a valuable asset in March 2013, and divide the proceeds before July 1, you don't see a problem with that?

Now maybe they have no legal recourse. But it definitely qualifies as "getting screwed".

It is similar to bait and switch without the intention. Schools can claim they were lead to believe they were signing on to "something" which had certain rights/expectations going forward. That "something" is really unknown. If the schools signed on knowing they had no rights/expectations, even if the conference fell apart before they officially join, then they have no recourse. If that wasn't spelled out at all, they certainly have a case...favorable or not.

I think it'll boil down to what the remaining schools want to do and how they want to move forward with the conference they are currently in. It could mean the difference in one that bands together or one that fights from the start.

Proceeding in any way that could hurt part of your conference (even if it's in your rights) doesn't help the Big East move forward in a positive fashion. Sometimes it makes more sense to treat everyone evenly...or close to it. Maybe slightly weighted shares. The three old members getting a slightly higher share than the rest. I can not see the second group of four + Temple getting more than ECU and Tulane. No one needs a caste system within a caste system.

I think it would make sense for the Aresco LEague to waive the entry fees, and to distribute the REalignment Fund money evenly over time. The problem is that, from the lawyer's email, those entry fees are tagged to go into the Realignment Fund. That means, the C-7 own half-title to those entry fees, which is bizarre. That's part of the reason I think the deal will be name-for-Realignment Fund. The quick exit will go with the name, largely because the incoming schools don't want to rebrand in 2013 and then do it all again in 2014.

The holdover schools are going to benefit from the NCAA credits that the incoming schools won't get.

ECU and Tulane are entering a year later, so they lose out on one year of Realignment Fund distributions. Temple will have already paid $1,000,000 in entry fees by the end of this year, assuming they paid $500,000 last June and $500,000 this June. On the other hand, MAC/A10 to Aresco LEague is a clear upgrade. The conference might forgive whatever Temple still owes on the loan to pay their MAC exit fee.

If the C7 leave in July I doubt they would have a claim on the entry fees. If they leave in 2014, then they clearly would have a claim on those entry fees, but not the ECU and Tulane entry fees.
(This post was last modified: 02-28-2013 10:10 AM by Attackcoog.)
02-28-2013 10:08 AM
Find all posts by this user Quote this message in a reply
oliveandblue Offline
Heisman
*

Posts: 7,779
Joined: Jan 2013
Reputation: 251
I Root For: Tulane
Location:
Post: #29
RE: Will the Incoming Aresco League Schools Get (Further) Screwed?
UL athletics have impressed me greatly over the past few years, but let's be honest - they'd be in the Big East if it weren't for the ACC losing a charter member in Maryland (unheard of 5-10 years ago). The new ACC isn't as "closed off" as it used to be. The old ACC would never have considered UL, but times change.

UL are one of the teams that actually increased their stature throughout the BCS era. The amazing part is that they did it from the worst AQ league as well.
(This post was last modified: 02-28-2013 10:16 AM by oliveandblue.)
02-28-2013 10:15 AM
Find all posts by this user Quote this message in a reply
johnbragg Offline
Five Minute Google Expert
*

Posts: 16,359
Joined: Dec 2011
Reputation: 996
I Root For: St Johns
Location:
Post: #30
RE: Will the Incoming Aresco League Schools Get (Further) Screwed?
(02-28-2013 10:08 AM)Attackcoog Wrote:  If the C7 leave in July I doubt they would have a claim on the entry fees. If they leave in 2014, then they clearly would have a claim on those entry fees, but not the ECU and Tulane entry fees.

The email from the Aresco's lawyer to the C7 said that the entry fees were going into the Realignment Fund, which is a joint property. It's bizarre, and there's no moral justification for it, but that's the situation before a deal is struck.
02-28-2013 10:25 AM
Find all posts by this user Quote this message in a reply
UABGrad Offline
All American
*

Posts: 3,069
Joined: Nov 2003
Reputation: 99
I Root For:
Location:
Post: #31
RE: Will the Incoming Aresco League Schools Get (Further) Screwed?
If the C7 leave for the 13/14 season, I bet ND sneaks out the door while it's open. I'm sure UL and Rutgers would want to hang around for the last BCS bid in the fall, but I wonder if they will bail out for the winter/spring sports. The money difference between the ACC and Confrence America in media alone is 17 mil per year and even more for the B1G. Seems like paying lots of millions to leave early would pay off. Would it be unprecidented for a school to change conferences mid school year?
02-28-2013 10:46 AM
Find all posts by this user Quote this message in a reply
FIUFan Offline
All American
*

Posts: 4,498
Joined: Aug 2009
Reputation: 96
I Root For: FIU
Location: Coral Gables, FL
Post: #32
RE: Will the Incoming Aresco League Schools Get (Further) Screwed?
Imo, the C-7 should take what they've earned plus negotiated entry and exit fees and call it a day. They no longer wish to be associated with the nBE given the realignments (which has unsettled all conferences not just the legacyBE). The C-7 was a large part of the group who invited the new members in; is it fair for them to now 'pull the rug out' from under the conference?

Given that UC and UConn move at the next hint of realignment; why would SMU, Houston and perhaps Memphis not be looking at the MWC as a stable alternative to the holy mess (pun intended) of the Big East if there is no added-value in being in the conference. And if you lose the glue of the West, isn't the game over.

p.s. are there really only four legacyBE football schools left (Cincy, UConn, USF and Temple).
02-28-2013 10:46 AM
Find all posts by this user Quote this message in a reply
bearcatfan Offline
Hall of Famer
*

Posts: 19,516
Joined: Jun 2004
Reputation: 192
I Root For: The Bearcats!
Location:
Post: #33
RE: Will the Incoming Aresco League Schools Get (Further) Screwed?
(02-27-2013 10:39 PM)johnbragg Wrote:  There is a risk that UConn, USF, Cincinnati and maybe Temple will sell the Big East name to the C7 in exchange for all claim to the exit fee money, and then divide up the exit fee money amongst themselves. According to the emails sent by the Aresco League lawyer last December, there will be about $18.8M in the Realignment Reserve Fund by June 2013. Call it $21M when you include Boise's cancellation fee of $2.5M.

So they could sell the name to the C7 for the Realignment Fund, and then distribute the money amongst themselves, $7M each.

Sounds ok to me. UC, UConn, and USF have been screwed over the most in this realignment age so they should profit the most from exit fees.
(This post was last modified: 02-28-2013 10:48 AM by bearcatfan.)
02-28-2013 10:47 AM
Find all posts by this user Quote this message in a reply
apex_pirate Offline
All American
*

Posts: 4,820
Joined: May 2010
Reputation: 95
I Root For: East Carolina
Location:
Post: #34
RE: Will the Incoming Aresco League Schools Get (Further) Screwed?
(02-28-2013 10:03 AM)gocards#1 Wrote:  
(02-28-2013 09:30 AM)apex_pirate Wrote:  
(02-28-2013 09:27 AM)gocards#1 Wrote:  How are the incoming schools getting screwed? They knew the Big East was the most unstable conference in the country when they agreed to join, now that teams are leaving left and right are we supposed to feel sorry for them? If they really wanted to improve their standing and get a serious look from the big leagues they would've invested in their program like Louisville did the past 15-20 years and not squander every opportunity presented to them. This pity party stuff is getting ridiculous.

The bolded statement is about as ignorant (in the true sense of the word) a comment as I have seen in a while.

Compare Louisville's standing in ~1990 to where Louisville will be in 2014. Tell me what you think. Is there any program in the country that has come as far? We went from almost dropping football in the 80's to winning two BCS bowls and being invited to a conference that we previously wouldn't have imagined joining in our wildest dreams.

What has ECU done in that time span?

In football, ECU did everything it could. Saying a classless statement like "squandering every opportunity they had" sounds like they had control of the outcomes and did not actually do the best they could. That would be a bold faced lie if someone actually said that was the truth. I'm positive ECU could have done more on the basketball side in the 90s but it would have come at the cost of the football side. We weren't oozing with money. Neither was Louisville but you were better off financially, in a much larger market and had the benefit of moving up added to the punch. ECU's basketball has come a long ways in just three years. The strides are being made there.

Has UCF has done all they could. Outside of building a tin can for their football stadium, they've done exactly what they should have...everything...basketball included. And as for the stadium, I think that's all they could really afford...so it was the right move.

Houston and SMU are making the strides off the field now. Houston did it on the field in football for quite some time now.

Memphis has done all they could in basketball. Football is another story but it didn't keep them from getting invited.

Long story short...your comment is unwarranted and ignorant of the truth. Look what happened to Cincy (who was arguably worse than any of the new teams) when they were added to the Big East in 2004. Look at the dramatic change in football. You can not deny the help that BCS AQ inclusion has done for your program. Nor can you claim that because you've done so well that it proves everyone else with Non-AQ status squandered their opportunities away. Just a classless thing to say.
02-28-2013 10:49 AM
Find all posts by this user Quote this message in a reply
CardFan1 Offline
Red Thunderbird
*

Posts: 15,148
Joined: Oct 2011
Reputation: 644
I Root For: Louisville ACC
Location:
Post: #35
RE: Will the Incoming Aresco League Schools Get (Further) Screwed?
(02-28-2013 10:47 AM)bearcatfan Wrote:  
(02-27-2013 10:39 PM)johnbragg Wrote:  There is a risk that UConn, USF, Cincinnati and maybe Temple will sell the Big East name to the C7 in exchange for all claim to the exit fee money, and then divide up the exit fee money amongst themselves. According to the emails sent by the Aresco League lawyer last December, there will be about $18.8M in the Realignment Reserve Fund by June 2013. Call it $21M when you include Boise's cancellation fee of $2.5M.

So they could sell the name to the C7 for the Realignment Fund, and then distribute the money amongst themselves, $7M each.

Sounds ok to me. UC, UConn, and USF have been screwed over the most in this realignment age so they should profit the most from exit fees.

Collect the money, get an invite before 7/13, dissolve the league.
02-28-2013 10:52 AM
Find all posts by this user Quote this message in a reply
johnbragg Offline
Five Minute Google Expert
*

Posts: 16,359
Joined: Dec 2011
Reputation: 996
I Root For: St Johns
Location:
Post: #36
RE: Will the Incoming Aresco League Schools Get (Further) Screwed?
(02-28-2013 10:47 AM)bearcatfan Wrote:  
(02-27-2013 10:39 PM)johnbragg Wrote:  There is a risk that UConn, USF, Cincinnati and maybe Temple will sell the Big East name to the C7 in exchange for all claim to the exit fee money, and then divide up the exit fee money amongst themselves. According to the emails sent by the Aresco League lawyer last December, there will be about $18.8M in the Realignment Reserve Fund by June 2013. Call it $21M when you include Boise's cancellation fee of $2.5M.

So they could sell the name to the C7 for the Realignment Fund, and then distribute the money amongst themselves, $7M each.

Sounds ok to me. UC, UConn, and USF have been screwed over the most in this realignment age so they should profit the most from exit fees.

It might sound OK to you, but how do you think it sounds to Memphis/Houston/UCF etc? They're paying $2.5M in entry fees, they pay $500,000 in CUSA exit fees, and you're handing over conference property for money that they're not getting a piece of.

That's when legal counsel starts talking about "nuclear options." Maybe the incoming schools can't get an injunction against the Big East settling anything with the C-7 until the new members come in. But you can try. And you can try it in a Texas court, a Florida court, a Tennessee court, and maybe a Pennsylvania court at the same time.

Realistically, a three-way deal will get done.
02-28-2013 10:54 AM
Find all posts by this user Quote this message in a reply
Attackcoog Offline
Moderator
*

Posts: 44,738
Joined: Oct 2011
Reputation: 2860
I Root For: Houston
Location:
Post: #37
RE: Will the Incoming Aresco League Schools Get (Further) Screwed?
(02-28-2013 10:25 AM)johnbragg Wrote:  
(02-28-2013 10:08 AM)Attackcoog Wrote:  If the C7 leave in July I doubt they would have a claim on the entry fees. If they leave in 2014, then they clearly would have a claim on those entry fees, but not the ECU and Tulane entry fees.

The email from the Aresco's lawyer to the C7 said that the entry fees were going into the Realignment Fund, which is a joint property. It's bizarre, and there's no moral justification for it, but that's the situation before a deal is struck.

They would go into the realighnment fund. However, the balance of that fund changes based upon the date. He C-7 stop getting a claim on funds entering the account the day after the split becomes official. Besides, future income is not a certainty. For example, there is no 2.5 million coming from SDSU anymore. Also, ECU and Tulane have not withdrawn from CUSA--so those funds are not a certanty. Im assuming, division of assets would be as of a set split date. If that date moves from 07/2014 to 07/2013--the expected balance in the account changes. Could I be wrong, lol, sure---but I think this makes sense.
(This post was last modified: 02-28-2013 10:58 AM by Attackcoog.)
02-28-2013 10:55 AM
Find all posts by this user Quote this message in a reply
bearcatfan Offline
Hall of Famer
*

Posts: 19,516
Joined: Jun 2004
Reputation: 192
I Root For: The Bearcats!
Location:
Post: #38
RE: Will the Incoming Aresco League Schools Get (Further) Screwed?
(02-28-2013 10:54 AM)johnbragg Wrote:  
(02-28-2013 10:47 AM)bearcatfan Wrote:  
(02-27-2013 10:39 PM)johnbragg Wrote:  There is a risk that UConn, USF, Cincinnati and maybe Temple will sell the Big East name to the C7 in exchange for all claim to the exit fee money, and then divide up the exit fee money amongst themselves. According to the emails sent by the Aresco League lawyer last December, there will be about $18.8M in the Realignment Reserve Fund by June 2013. Call it $21M when you include Boise's cancellation fee of $2.5M.

So they could sell the name to the C7 for the Realignment Fund, and then distribute the money amongst themselves, $7M each.

Sounds ok to me. UC, UConn, and USF have been screwed over the most in this realignment age so they should profit the most from exit fees.

It might sound OK to you, but how do you think it sounds to Memphis/Houston/UCF etc? They're paying $2.5M in entry fees, they pay $500,000 in CUSA exit fees, and you're handing over conference property for money that they're not getting a piece of.

That's when legal counsel starts talking about "nuclear options." Maybe the incoming schools can't get an injunction against the Big East settling anything with the C-7 until the new members come in. But you can try. And you can try it in a Texas court, a Florida court, a Tennessee court, and maybe a Pennsylvania court at the same time.

Realistically, a three-way deal will get done.

I say reduce the entrance fees. I suppose something must be paid to cover legal fees - but that's about it.

The league the new schools are coming into is not exactly what they expected. But the bulk of the exit fee money should go to the schools that got screwed the most - UC, UConn, and USF.

A post on the UC board pointed out what UC (as an example) has endured the last couple of years)

1) Lost AQ Status
2) Had 5 all-sports conference members bail on us, including rivals Louisville and Pitt
3) Lost the basketball schools
4) Got a television contract that will actually pay a lot less than what we previously earned
5) All indications are the new b-ball conference will pay their members $1-2M more per team.
6) Said conference will add none other than our cross town rivals who don't play fball and have a fraction of the fan interest that we do.
7) Now it looks like we will no longer be in a conference called the Big East and will play in Conference American (or whatever they want to call it).
(This post was last modified: 02-28-2013 11:05 AM by bearcatfan.)
02-28-2013 10:59 AM
Find all posts by this user Quote this message in a reply
johnbragg Offline
Five Minute Google Expert
*

Posts: 16,359
Joined: Dec 2011
Reputation: 996
I Root For: St Johns
Location:
Post: #39
RE: Will the Incoming Aresco League Schools Get (Further) Screwed?
(02-28-2013 10:55 AM)Attackcoog Wrote:  
(02-28-2013 10:25 AM)johnbragg Wrote:  
(02-28-2013 10:08 AM)Attackcoog Wrote:  If the C7 leave in July I doubt they would have a claim on the entry fees. If they leave in 2014, then they clearly would have a claim on those entry fees, but not the ECU and Tulane entry fees.

The email from the Aresco's lawyer to the C7 said that the entry fees were going into the Realignment Fund, which is a joint property. It's bizarre, and there's no moral justification for it, but that's the situation before a deal is struck.

They would go into the realighnment fund. However, the balance of that fund changes based upon the date. For example, there is no 2.5 million coming from SDSU anymore. Also, ECU and Tulane have not withdrawn from CUSA--so those funds are not a certanty. Im assuming, division of assets would be as of a set split date. If that date moves from 07/2014 to 07/2013--the expected balance in the account changes. Could I be wrong, lol, sure---but I think this makes sense.

Since the money is coming in over time, and since the total amount was uncertain, the Arescoid lawyer asked the C-7 what percentage they were seeking. Again, part of the reason I think the deal comes down to NAme-for-Realignment Reserve Fund. Once the RRF is 100% Aresco LEague property, you can waive entry fees and distribute the RRF however you guys want. Until then, our noses are in your business, which doesn't help anybody.
02-28-2013 10:59 AM
Find all posts by this user Quote this message in a reply
RIFRAF Offline
Bench Warmer
*

Posts: 232
Joined: Dec 2005
Reputation: 16
I Root For: ECU
Location:
Post: #40
RE: Will the Incoming Aresco League Schools Get (Further) Screwed?
I am sure the new schools (that currently do not have voting power) are being kept abreast and have input with Aresco on all realignment matters. Therefore, whenever an announcement is made I am sure all schools going forward with the BE will be on the same page. You will not see one claiming surprise and issuing a statement of being blindsided and screwed.
02-28-2013 12:43 PM
Find all posts by this user Quote this message in a reply
Post Reply 




User(s) browsing this thread: 1 Guest(s)


Copyright © 2002-2024 Collegiate Sports Nation Bulletin Board System (CSNbbs), All Rights Reserved.
CSNbbs is an independent fan site and is in no way affiliated to the NCAA or any of the schools and conferences it represents.
This site monetizes links. FTC Disclosure.
We allow third-party companies to serve ads and/or collect certain anonymous information when you visit our web site. These companies may use non-personally identifiable information (e.g., click stream information, browser type, time and date, subject of advertisements clicked or scrolled over) during your visits to this and other Web sites in order to provide advertisements about goods and services likely to be of greater interest to you. These companies typically use a cookie or third party web beacon to collect this information. To learn more about this behavioral advertising practice or to opt-out of this type of advertising, you can visit http://www.networkadvertising.org.
Powered By MyBB, © 2002-2024 MyBB Group.