AAC Departures

[Brad]

I wonder if the P6 decal experiment is over.  

[BullyPulpit]

12 minutes ago, Brad said:

I'm not paying close attention but is that over the 14 or whatever years?

$10 million each by 2024, the other $8 million each over 12 years. $30 of the $54 million will be paid quickly. USF stands to get $3.1 million from the initial round of exit fees and then $200,000 per year thereafter. 

[BDYZR]

Interesting how quickly some people want to post inaccurate, or incomplete information to fit their narrative.

[NewEnglandBull]

14 minutes ago, BDYZR said:

Interesting how quickly some people want to post inaccurate, or incomplete information to fit their narrative.

I don’t think anyone posted anything inaccurate from the financials perspective.

[E.T.]

Beat ALL three this season!

Go BULLS !!!

[USFBULL_08]

1 hour ago, NewEnglandBull said:

So this means USF should get around $5.6 mil from the departures. I wonder what we will spend it on?

 

They need to spend it on something that relates to recruiting.

[E.T.]

Money goes to the general fund.

Ready to see how the conference will be divided ... divisions.

[BDYZR]

1 hour ago, TamHiding said:

Aresco screwed us as usual. They pay $18m over 14 years! Just embarrassing for the conference office to negotiate such a poor deal while having strong leverage.

https://twitter.com/Williams_Justin/status/1535283565730086914?s=20&t=bURUhorRmmE18Ek-P8yJNA

 

 

 

9 minutes ago, NewEnglandBull said:

I don’t think anyone posted anything inaccurate from the financials perspective.

$54,000,000 not $18mil

[Who'sYourData?]

I was concerned about the 14 years, but getting $10mil up front makes that much more palatable.

[NewEnglandBull]

3 minutes ago, BDYZR said:

 

$54,000,000 not $18mil

Ahh…good point. I’ve never even seen that person on the board before, could be outsider.