Hello There, Guest! (LoginRegister)

Post Reply 
Brett McMurphy: there is no financial penalty in by-laws (CUSA)
Author Message
Bookmark and Share
b2b Offline
Heisman
*

Posts: 5,688
Joined: May 2021
Reputation: 695
I Root For: My Family + ECU
Location: Land of Confusion
Post: #281
RE: Brett McMurphy: there is no financial penalty in by-laws (CUSA)
(02-15-2022 05:46 PM)BlazerMatt Wrote:  I had lunch with someone who works in the UAB athletic office today.

The specific issue the SB3 is going to run into is that they are contractually obligated to play 4 CUSA road games this fall and each of those teams will claim significant damages if they just dont show up. Specifically in contract law, willfully breaking the contract allows the plaintiff to collect treble damages for a defendant willfully breaking the contract, which the defendants in this case have kindly gone out of their way to prove beyond any reasonable doubt.

The damages we are talking about here aren't coming from CUSA,, but damages for each team who is abiding by the contract and losing a contractually agreed to home game against teams that are willfully breaking it. Damages from that being everything from lost ticket revenue, to resultant penalties caused by breaking existing stadium contracts for everything from parking & concession vendors, to lost TV revenue, to the inevitable need to settle lawsuits with season ticket holders when the games get cancelled officially, which would not happen until the week of the game. He said that UAB had no motivation at all to even try to look for a replacement for the Marshall and USM home games when they could just sit back and collect what "would likely approach eight figures in damages" between the two lost home games and that doing so was essentially low risk high reward because UAB is gone soon anyway and couldn't care less about how CUSA or the SB3 comes out optically.

The word from the UAB side basically boils down to the feeling that while everyone wants to leave CUSA as soon as they can, the three schools who just gleefully announced they were willfully breaking a contract were getting some comically inept legal advice as to the consequences of doing so, and that CUSA was hoping and praying that the Sunbelt would try and put the three teams on their schedule this fall.

Just caught this on the realignment board.... Tens of millions of dollars in damages because of losing these games? That would make USM, Marshall and ODU worth more than CUSA's entire TV contract. 03-lmfao
02-17-2022 10:21 AM
Find all posts by this user Quote this message in a reply
tanqtonic Offline
Hall of Famer
*

Posts: 19,157
Joined: Nov 2016
Reputation: 775
I Root For: rice
Location:
Post: #282
RE: Brett McMurphy: there is no financial penalty in by-laws (CUSA)
(02-17-2022 10:21 AM)b2b Wrote:  
(02-15-2022 05:46 PM)BlazerMatt Wrote:  I had lunch with someone who works in the UAB athletic office today.

The specific issue the SB3 is going to run into is that they are contractually obligated to play 4 CUSA road games this fall and each of those teams will claim significant damages if they just dont show up. Specifically in contract law, willfully breaking the contract allows the plaintiff to collect treble damages for a defendant willfully breaking the contract, which the defendants in this case have kindly gone out of their way to prove beyond any reasonable doubt.

The damages we are talking about here aren't coming from CUSA,, but damages for each team who is abiding by the contract and losing a contractually agreed to home game against teams that are willfully breaking it. Damages from that being everything from lost ticket revenue, to resultant penalties caused by breaking existing stadium contracts for everything from parking & concession vendors, to lost TV revenue, to the inevitable need to settle lawsuits with season ticket holders when the games get cancelled officially, which would not happen until the week of the game. He said that UAB had no motivation at all to even try to look for a replacement for the Marshall and USM home games when they could just sit back and collect what "would likely approach eight figures in damages" between the two lost home games and that doing so was essentially low risk high reward because UAB is gone soon anyway and couldn't care less about how CUSA or the SB3 comes out optically.

The word from the UAB side basically boils down to the feeling that while everyone wants to leave CUSA as soon as they can, the three schools who just gleefully announced they were willfully breaking a contract were getting some comically inept legal advice as to the consequences of doing so, and that CUSA was hoping and praying that the Sunbelt would try and put the three teams on their schedule this fall.

Just caught this on the realignment board.... Tens of millions of dollars in damages because of losing these games? That would make USM, Marshall and ODU worth more than CUSA's entire TV contract. 03-lmfao

The entirety of economic activity in a college football game is not defined by one component. Look at the partial list provided above.
02-17-2022 10:26 AM
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.