GaUSFBull Posted May 22, 2013 Group: Member Topic Count: 263 Content Count: 24,750 Reputation: 3,107 Days Won: 87 Joined: 12/15/2009 Share Posted May 22, 2013 I think the idea was to give the new schools extra money to ramp up facilities and athletics budget to compete at the higher level they are now at. Only problem with this is that the new schools really aren't at a higher level than they were. The other problem is that the three of us were probably not counting on this significant drop in revenue and could have used evry possible dollar to offset that for a couple of years ... Pay their exit fees and nothing else. I'm with you there. Link to comment Share on other sites More sharing options...
Brad Posted May 22, 2013 Group: Admin Topic Count: 13,330 Content Count: 97,043 Reputation: 10,833 Days Won: 469 Joined: 05/19/2000 Share Posted May 22, 2013 They can share in our exit fees or the liquidation of conference assets - whichever comes first. Link to comment Share on other sites More sharing options...
BullFan98 Posted May 22, 2013 Group: Member Topic Count: 258 Content Count: 7,780 Reputation: 328 Days Won: 7 Joined: 08/13/2010 Share Posted May 22, 2013 Terrible deal for the unlucky three. Aresco is caving to the newcomers and we cannot do anything about it, which sucks even more. We will have to deal with it until we don't have to deal with it. Link to comment Share on other sites More sharing options...
smazza Posted May 22, 2013 Group: Member Topic Count: 9,898 Content Count: 66,091 Reputation: 2,434 Days Won: 172 Joined: 01/01/2001 Share Posted May 22, 2013 Three former Big East schools will receive 60 percent of funds American Athletic Conference presidents agreed on how to split lucrative Big East exit fees and postseason credits that reportedly could be near $100 million. League officials declined to reveal how much each school would receive, but UCF athletics director Todd Stansbury said in an exclusive interview with the Orlando Sentinel the schools previously in the Big East would receive about 60 percent of the revenue while the newcomers would split about 40 percent. http://www.orlandosentinel.com/sports/college/knights/os-american-spring-meetings--0522-20130521,0,7920284.story usf has to be one of the worst negotiators ever every deal they make is bad this is a conference of losers lets face it programs that no one wanted Link to comment Share on other sites More sharing options...
GaUSFBull Posted May 22, 2013 Group: Member Topic Count: 263 Content Count: 24,750 Reputation: 3,107 Days Won: 87 Joined: 12/15/2009 Share Posted May 22, 2013 this is a conference of losers lets face it programs that no one wanted Gee, ya really think so, do you? Link to comment Share on other sites More sharing options...
Joe Posted May 22, 2013 Group: Member Topic Count: 197 Content Count: 10,251 Reputation: 270 Days Won: 14 Joined: 08/16/2005 Share Posted May 22, 2013 The deal sucks killer b's but think of it this way. W/o the other schools the league would have disbanded and we'd have no money. Link to comment Share on other sites More sharing options...
Bulls1181 Posted May 22, 2013 Group: Member Topic Count: 170 Content Count: 5,722 Reputation: 366 Days Won: 8 Joined: 08/03/2011 Share Posted May 22, 2013 This sucks! 20 million vs 30 million...equal to losing 5 years of our TV revenue. This is a brand new conference, new members should get nothing. Link to comment Share on other sites More sharing options...
Joe Posted May 22, 2013 Group: Member Topic Count: 197 Content Count: 10,251 Reputation: 270 Days Won: 14 Joined: 08/16/2005 Share Posted May 22, 2013 This sucks! 20 million vs 30 million...equal to losing 5 years of our TV revenue. This is a brand new conference, new members should get nothing. If it were a brand new conference we'd be getting no money. Link to comment Share on other sites More sharing options...
Bulls1181 Posted May 23, 2013 Group: Member Topic Count: 170 Content Count: 5,722 Reputation: 366 Days Won: 8 Joined: 08/03/2011 Share Posted May 23, 2013 This sucks! 20 million vs 30 million...equal to losing 5 years of our TV revenue. This is a brand new conference, new members should get nothing. If it were a brand new conference we'd be getting no money. Exactly Link to comment Share on other sites More sharing options...
Reliable Source Posted May 23, 2013 Group: Member Topic Count: 731 Content Count: 10,367 Reputation: 170 Days Won: 40 Joined: 09/15/2008 Share Posted May 23, 2013 We should hire Chuck Neinas to represent the school as a consultant for expansion issues. Link to comment Share on other sites More sharing options...
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