With teams announcing when they will be active in their new conferences, was it ever made public how much the teams leaving C-USA had to pay? I remember the commish trying to keep it hush-hush, but not sure if the actual buyout was ever publicized.
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With teams announcing when they will be active in their new conferences, was it ever made public how much the teams leaving C-USA had to pay? I remember the commish trying to keep it hush-hush, but not sure if the actual buyout was ever publicized.
It was reported/ someone will postQuote:
Originally Posted by jycww
Brett McMurphy reported $1.75 million per school
Horrible deal structure by our idiot commission and the spineless presidents…I suppose I should be more positive and enjoy the screwing we took.
The rumor is that the 3 schools leaving for the Belt were forgoing their CUSA revenue this year and then paying $1.75 million next year. If true, that means the 3 will be giving up all of their cash revenue from their first year in the Belt, including NCAA distributions and CFP distribution.Quote:
Originally Posted by PawDawg
That number is a very similar number had each stayed in CUSA until June 30, 2023 and given up their CUSA distribution.
sounds like typical academia BS. They are so embarrassed about the real deal that they only leak lies. What are they hiding? They are hiding their lack of negotiating ability.Quote:
Originally Posted by The Historian
So what you’re saying is that they wasn’t really ANY financial penalty for leaving early?Quote:
Originally Posted by The Historian
actually what they are not saying is that we got screwedQuote:
Originally Posted by THEarmada
No. What I'm saying is, if they are giving up $1.75 million next year, they are giving up everything for leaving early.Quote:
Originally Posted by THEarmada
They gave up their distribution in CUSA for this year and will be providing their cash distribution in the Sun Belt next year back to CUSA.
You called it a rumor in your fist post. Why is it a secret?Quote:
Originally Posted by The Historian
You'd have to ask McMurphy or Judy or one of the schools involved. I don't know it to be true or not.Quote:
Originally Posted by PawDawg
I'd be willing to bet that none of the exit turds would admit to such a bad decision on their part.Quote:
Originally Posted by The Historian
I'd also be willing to bet that McMurphy, Judy, our president, nor our AD would tell the truth if asked directly. Ask them a close ended question and you get word salad.
Time for one of these https://www.foia.gov/how-to.html
If CUSA came out ahead, we would all know it.
Which is why they resort to rumors.Quote:
Originally Posted by SicemDawgz
Forgive me if I’m missing something:Quote:
Originally Posted by The Historian
So leaving early they give up 2022 CUSA revenue and 1.75 million.
Staying through 2023 they would have given up CUSA revenue for two years.
How much monetary difference is there in these two scenarios?