(08-19-2016 11:40 AM)adcorbett Wrote:  

(08-18-2016 02:55 PM)Cyniclone Wrote:  C. Austin Cox? Is that Stone Cold's porn name?

You won the internet yesterday

(08-18-2016 03:33 PM)johnbragg Wrote:  EDIT: I still think that the AAC is operating under new bylaws--the old Big East bylaws were written for a very different group of schools, with different issues etc. I'd be surprised if the 27 month waiting period was even still on the books in its original form.

I agree with the last part. As most of the teams in the AAC had eyes on being in power leagues in the future, ESPECIALLY the original members who were in power, I doubt there is a 27 month waiting period.

(08-18-2016 03:45 PM)MplsBison Wrote:  $20M

The schools will not want to take it to court, with the delays that would cause and bad press. They'll grit their teeth and bare it. It'll be peanuts compared to the increased revenue over 10 years.

There is ample proof the league would settle and not take it to court. Not the other way around. In fact, only one of the teams who left the Big East, one out of 15 might I add, even ever got a court date, and it was settled out of court. 15 total teams left, none stayed 27 months, 8 never paid an exit fee, and only one paid an amount anywhere near double the listed fee. Anything can happen, but history doesn't support your stance. The only way anyone pays that much, is if they try to leave in time for the 2017 season, which I don't remotely see likely at this point.

(08-18-2016 05:30 PM)krup Wrote:  Syr, Pitt, RU and Louisville should have had two more Big East seasons after they announced they were leaving and only played one. so, they basically payed 1.5X the exit fee to leave one year early. WVU should have head two years left and didn't play any,so they paid at least 2X the exit fee.

Just some notes here, Syr and Pitt paid 1.5x the fee, Louisville and Rutgers paid 1.1X the fee, and WVU paid 4X the fee, plus had their last distribution withheld.

(08-18-2016 09:02 PM)johnbragg Wrote:  [quote='TopperCard' pid='13483961' dateline='1471569379']

This is not correct about Louisville. Tom Jurich gave the Big East official notice of their intention to leave on October 13, 2011, over a year before they were invited to the ACC (which took some balls). We stayed until June 30, 2014. That's more than 27 months notice. Plus we paid our buyout and left all our basketball credits behind. Pretty sure we were more than fair in our exit.

Under the Big East Bylaws, a notice of withdrawal had to be in writing, specifiy the date of withdrawal, and be accompanied by a $2.5M check.

And on top of that, an October 2011 notice of withdrawal would have meant a $5M exit fee, not the $10M plus that Louisville actually paid.

So the "we actually gave a double-secret notice of withdrawal" thing is just propaganda.

AD saves Louisville $4 million

ESPN Wrote:Even without an invitation to join another conference in 2011, Louisville athletic director Tom Jurich took a huge gamble by giving a 27-month notice to Big East Conference officials that the Cardinals would leave.

Jurich's gamble paid off Wednesday, saving the school $4 million, when the American Athletic Conference, formerly the Big East, reached an agreement for Louisville to join the Atlantic Coast Conference on July 1, 2014.

Louisville agreed to pay $11 million to The American, instead of the $15 million the conference sought.

The university was able to negotiate a lower amount because Jurich, as required by the league's bylaws, informed then-Big East commissioner John Marinatto and South Florida president Judy Genshaft in October 2011 that the Cardinals would leave the league in 27 months, Marinatto said.

SB Nation Wrote:onference realignment was all the rage last year, leaving conferences jumbled and schools scrambling to pay buyout fees. One such school was Louisville, who left the Big East (currently the American Athletic Conference) for the Atlantic Coast Conference. As we learned today, however, it wasn't so simple -- the Cardinals actually told the Big East they were leaving before they received an invite from a new conference.

Athletic director Tom Jurich gave the conference notice 27 months before the move -- that's back in October 2011, for those counting -- which will save the school $4 million, bumping the fee from $15 million to $11 million. Louisville was originally planning on joining the Big 12.

The Big East attempted to convince Jurich to stay, but ultimately settled on convincing him not to submit a formal withdrawal letter, for fear of the news leaking out. Louisville told athletic directors of the other Big East schools of the move, and the Cardinals received an official invite from the ACC in November.

DefCONNOne Wrote:Not in 2011 he didn't. No one did, because you had nowhere to go.

DefCONNOne, shut it. Again, proving lack of knowledge on a subject you still choose to speak upon. Unless of course ESPN is not a trustworthy source.
As a matter of fact, there was even a thread on THIS website about it when it came out.

Big East Committed Fraud

It was stared by our very own Cougar Red. His post:

(11-13-2013 04:14 PM)CougarRed Wrote:  Jurich gives notice in October of 2011. He says even if the Big 12 chooses West Virginia, Louisville will leave in 2014.

Marinatto and Genshaft try to change his mind and cannot. So they ask him NOT to file a written notice as it would be discoverable under FOIA. They worried what the disclosure would do to the Big East's stability.

Jurich agrees, but verbally tells other current Big East ADs

Two months later, like 5 bumps on a log, Houston, UCF, SMU, Boise and SDSU accept an invitation to join the Big East.

IF WE DID NOT KNOW THAT:

1. Louisville was leaving, and
2. All the other Big East schools KNEW that Louisville was leaving

I'm not sure we would have signed an agreement that looked like this:

1. Entry fee of $2.5M
2. $5M exit fee if we did not join the Big East by July 2013
3. $10M exit fee once we joined the league officially

Hell, the Big East needed us to survive at that point. Plus, we were obviously under a false impression of the TV value of the league. And a false impression of the stability of the league.

We could have negotiated a sweetheart deal had we known all the facts, including:

1. A much smaller entry fee, and
2. A lion's share of the Big East exit fees from schools like WVa, Pitt, Syracuse and Louisville.

So again, shut it.

I have been advised by my attorney, JRSec, to no longer engage in any sort of back and forth with you. So take all the cheap shots and low blows you want, I'm right and you as usual are wrong and that's all I'll say going forward.

(08-19-2016 07:26 PM)DefCONNOne Wrote:  

(08-19-2016 11:40 AM)adcorbett Wrote:  

(08-18-2016 02:55 PM)Cyniclone Wrote:  C. Austin Cox? Is that Stone Cold's porn name?

You won the internet yesterday

(08-18-2016 03:33 PM)johnbragg Wrote:  EDIT: I still think that the AAC is operating under new bylaws--the old Big East bylaws were written for a very different group of schools, with different issues etc. I'd be surprised if the 27 month waiting period was even still on the books in its original form.

I agree with the last part. As most of the teams in the AAC had eyes on being in power leagues in the future, ESPECIALLY the original members who were in power, I doubt there is a 27 month waiting period.

(08-18-2016 03:45 PM)MplsBison Wrote:  $20M

The schools will not want to take it to court, with the delays that would cause and bad press. They'll grit their teeth and bare it. It'll be peanuts compared to the increased revenue over 10 years.

There is ample proof the league would settle and not take it to court. Not the other way around. In fact, only one of the teams who left the Big East, one out of 15 might I add, even ever got a court date, and it was settled out of court. 15 total teams left, none stayed 27 months, 8 never paid an exit fee, and only one paid an amount anywhere near double the listed fee. Anything can happen, but history doesn't support your stance. The only way anyone pays that much, is if they try to leave in time for the 2017 season, which I don't remotely see likely at this point.

(08-18-2016 05:30 PM)krup Wrote:  Syr, Pitt, RU and Louisville should have had two more Big East seasons after they announced they were leaving and only played one. so, they basically payed 1.5X the exit fee to leave one year early. WVU should have head two years left and didn't play any,so they paid at least 2X the exit fee.

Just some notes here, Syr and Pitt paid 1.5x the fee, Louisville and Rutgers paid 1.1X the fee, and WVU paid 4X the fee, plus had their last distribution withheld.

(08-18-2016 09:02 PM)johnbragg Wrote:  [quote='TopperCard' pid='13483961' dateline='1471569379']

This is not correct about Louisville. Tom Jurich gave the Big East official notice of their intention to leave on October 13, 2011, over a year before they were invited to the ACC (which took some balls). We stayed until June 30, 2014. That's more than 27 months notice. Plus we paid our buyout and left all our basketball credits behind. Pretty sure we were more than fair in our exit.

Under the Big East Bylaws, a notice of withdrawal had to be in writing, specifiy the date of withdrawal, and be accompanied by a $2.5M check.

And on top of that, an October 2011 notice of withdrawal would have meant a $5M exit fee, not the $10M plus that Louisville actually paid.

So the "we actually gave a double-secret notice of withdrawal" thing is just propaganda.

AD saves Louisville $4 million

ESPN Wrote:Even without an invitation to join another conference in 2011, Louisville athletic director Tom Jurich took a huge gamble by giving a 27-month notice to Big East Conference officials that the Cardinals would leave.

Jurich's gamble paid off Wednesday, saving the school $4 million, when the American Athletic Conference, formerly the Big East, reached an agreement for Louisville to join the Atlantic Coast Conference on July 1, 2014.

Louisville agreed to pay $11 million to The American, instead of the $15 million the conference sought.

The university was able to negotiate a lower amount because Jurich, as required by the league's bylaws, informed then-Big East commissioner John Marinatto and South Florida president Judy Genshaft in October 2011 that the Cardinals would leave the league in 27 months, Marinatto said.

SB Nation Wrote:onference realignment was all the rage last year, leaving conferences jumbled and schools scrambling to pay buyout fees. One such school was Louisville, who left the Big East (currently the American Athletic Conference) for the Atlantic Coast Conference. As we learned today, however, it wasn't so simple -- the Cardinals actually told the Big East they were leaving before they received an invite from a new conference.

Athletic director Tom Jurich gave the conference notice 27 months before the move -- that's back in October 2011, for those counting -- which will save the school $4 million, bumping the fee from $15 million to $11 million. Louisville was originally planning on joining the Big 12.

The Big East attempted to convince Jurich to stay, but ultimately settled on convincing him not to submit a formal withdrawal letter, for fear of the news leaking out. Louisville told athletic directors of the other Big East schools of the move, and the Cardinals received an official invite from the ACC in November.

DefCONNOne Wrote:Not in 2011 he didn't. No one did, because you had nowhere to go.

DefCONNOne, shut it. Again, proving lack of knowledge on a subject you still choose to speak upon. Unless of course ESPN is not a trustworthy source.
As a matter of fact, there was even a thread on THIS website about it when it came out.

Big East Committed Fraud

It was stared by our very own Cougar Red. His post:

(11-13-2013 04:14 PM)CougarRed Wrote:  Jurich gives notice in October of 2011. He says even if the Big 12 chooses West Virginia, Louisville will leave in 2014.

Marinatto and Genshaft try to change his mind and cannot. So they ask him NOT to file a written notice as it would be discoverable under FOIA. They worried what the disclosure would do to the Big East's stability.

Jurich agrees, but verbally tells other current Big East ADs

Two months later, like 5 bumps on a log, Houston, UCF, SMU, Boise and SDSU accept an invitation to join the Big East.

IF WE DID NOT KNOW THAT:

1. Louisville was leaving, and
2. All the other Big East schools KNEW that Louisville was leaving

I'm not sure we would have signed an agreement that looked like this:

1. Entry fee of $2.5M
2. $5M exit fee if we did not join the Big East by July 2013
3. $10M exit fee once we joined the league officially

Hell, the Big East needed us to survive at that point. Plus, we were obviously under a false impression of the TV value of the league. And a false impression of the stability of the league.

We could have negotiated a sweetheart deal had we known all the facts, including:

1. A much smaller entry fee, and
2. A lion's share of the Big East exit fees from schools like WVa, Pitt, Syracuse and Louisville.

So again, shut it.

I have been advised by my attorney, JRSec, to no longer engage in any sort of back and forth with you. So take all the cheap shots and low blows you want, I'm right and you as usual are wrong and that's all I'll say going forward.

Tom Jurich told UCF and Boise St our position. Everyone was notified verbally. We were able to keep our voting rights because everyone knew we had only best intentions for the other members.
BTW, we were the last one to join the P5 but not the last one to leave the G5.

http://www.big12sports.com/ViewArticle.d...=205323383

(08-19-2016 07:26 PM)DefCONNOne Wrote:  I have been advised by my attorney, JRSec, to no longer engage in any sort of back and forth with you. So take all the cheap shots and low blows you want, I'm right and you as usual are wrong and that's all I'll say going forward.

That wasn't a cheap shot. I downright showed you your own ass, and that you were right about NOTHING you stated. Absolutely nothing, with proof dripping from the posts showing it. But carry on...