RE: ...rumor that the 'non-coast' PAC teams apply for BIG XII????
Here is the wording in the PAC12 by-laws regarding withdrawal from the conference.
Chapter 2, Section 3: Withdrawal
No member shall deliver a notice of withdrawal to the Conference in the period beginning on July 24, 2011, and ending on August 1, 2024; provided that if any member does deliver a notice of withdrawal prior to August 1, 2024, in violation of this chapter, the Conference shall be entitled to an injunction and other equitable relief to prevent such breach, and if a court of competent jurisdiction shall deny the Conference such injunctive relief, the Conference shall be entitled to retain all the media and sponsorship rights in the multi-player video distribution (MPVD) and telecommunications / wireless categories of the member purporting to withdraw through August 1, 2024, even if the member is then a member of another conference or an independent school for some or all intercollegiate sports competitions. Additionally, if a member delivers notice of withdrawal in violation of this chapter, the member's representative to the CEO group shall automatically cease to be a member of the CEO Group and shall cease to have the right to vote on any matter before the CEO Group.
Chapter 2, Section 4: Termination, Suspension and Probation
The Conference may place a member on probation or suspension, or terminate its membership, by vote of at least three-fourths of all the members of the CEO Group eligible to vote on the matter, for one or more of the following reasons:
c. Withdrawing or attempting to withdraw from the Conference without complying
with Section 3 above.
*******************************************************************
Here is how I interpret that. Keep in mind I am not a lawyer, and there may be legal reasons why my interpretation is incorrect.
If a member (USC and UCLA) delivers a notice on June 30, 2022 that they intend to leave the PAC 12 in time for the 2024 football season, they are in violation of Section 3, and the conference can withhold all payments for their media rights.
If, however, those schools wait until August 2, 2024 and notify the conference that they are leaving immediately, they can do so without any penalty. If the conference has already paid them for the final year they may keep the money, and if they were entitled to receive that final year's distribution as of August 1, 2024 the conference is still obligated to pay them because they are not in violation of Section 3.
So, why would any member give notice ahead of August 2, 2024 unless they intend to leave immediately and their future conference is willing to take them in?
(This post was last modified: 07-03-2022 06:46 PM by ken d.)
|