Re: Conference musical chairs
Posted: Wed Jan 10, 2024 5:23 pm
This is what's interesting to me:OrediggerPoke wrote: ↑Wed Jan 10, 2024 5:23 pmWhich makes complete sense. Why would there be a buyout if all the teams agree to merge? There would be no one to collect haha.
Which is why it’s well drafted. It’s virtually impossible for the PAC2 to raid the MWC of any teams without taking all of the teams during the term of the contract.Lost Poke wrote: ↑Thu Jan 11, 2024 7:54 amThis is what's interesting to me:OrediggerPoke wrote: ↑Wed Jan 10, 2024 5:23 pm
Which makes complete sense. Why would there be a buyout if all the teams agree to merge? There would be no one to collect haha.
- It's "affordable" to take 1 or 2 teams - Where do they get the other 5 or 6 teams?
- It's a straight bargain to take all of them
Don't the Pac 2 have only 2 (or only 1?) more year that they can remain as a two team league per the NCAA?OrediggerPoke wrote: ↑Thu Jan 11, 2024 8:02 amWhich is why it’s well drafted. It’s virtually impossible for the PAC2 to raid the MWC of any teams without taking all of the teams during the term of the contract.
But there is a HUGE downside. The fee terminates 2 years from when the contract is up on August 1 2025 (ie August 1, 2027). So come August 2, 2027, those fees go away. By doing a 2 year scheduling agreement we are basically keeping them afloat and then they could raid the conference on August 2, 2027. But that scenario still seems unlikely to me.
If the NCAA approves a waiver, they get a 2-year grace period. After that, they have to join a conference OR go indy.Poke in New England wrote: ↑Thu Jan 11, 2024 8:39 amDon't the Pac 2 have only 2 (or only 1?) more year that they can remain as a two team league per the NCAA?OrediggerPoke wrote: ↑Thu Jan 11, 2024 8:02 am
Which is why it’s well drafted. It’s virtually impossible for the PAC2 to raid the MWC of any teams without taking all of the teams during the term of the contract.
But there is a HUGE downside. The fee terminates 2 years from when the contract is up on August 1 2025 (ie August 1, 2027). So come August 2, 2027, those fees go away. By doing a 2 year scheduling agreement we are basically keeping them afloat and then they could raid the conference on August 2, 2027. But that scenario still seems unlikely to me.
Side note, man I am glad that Craig Thompson was not the one leading the way through all of this.
That is an understatement (on the Hair). He would have killed the conference, by doing his usual (nothing).Wyokie wrote: ↑Thu Jan 11, 2024 10:20 amIf the NCAA approves a waiver, they get a 2-year grace period. After that, they have to join a conference OR go indy.Poke in New England wrote: ↑Thu Jan 11, 2024 8:39 am
Don't the Pac 2 have only 2 (or only 1?) more year that they can remain as a two team league per the NCAA?
Side note, man I am glad that Craig Thompson was not the one leading the way through all of this.
Damned glad Hairball Thompson wasn't involved in all of this as well.
That coincides with the expiration of the MWC tv comtracts. No one in the MWC would agree to a deal longer than that, because that is when teams will leave for literally any other conference if we don't have a new deal negotiated.OrediggerPoke wrote: ↑Thu Jan 11, 2024 8:02 am
But there is a HUGE downside. The fee terminates 2 years from when the contract is up on August 1 2025 (ie August 1, 2027). So come August 2, 2027, those fees go away. By doing a 2 year scheduling agreement we are basically keeping them afloat and then they could raid the conference on August 2, 2027. But that scenario still seems unlikely to me.
So mwc team can notify at any time as long as they don't officially leave by Aug.?Lost Poke wrote: ↑Thu Jan 11, 2024 7:54 amThis is what's interesting to me:OrediggerPoke wrote: ↑Wed Jan 10, 2024 5:23 pm
Which makes complete sense. Why would there be a buyout if all the teams agree to merge? There would be no one to collect haha.
- It's "affordable" to take 1 or 2 teams - Where do they get the other 5 or 6 teams?
- It's a straight bargain to take all of them
No. Any invitation followed by an acceptance during the term triggers the fee.ragtimejoe1 wrote: ↑Thu Jan 11, 2024 9:50 pmSo mwc team can notify at any time as long as they don't officially leave by Aug.?
Gotcha. That helps. Aug would be tough to put a schedule together.OrediggerPoke wrote: ↑Fri Jan 12, 2024 6:38 amNo. Any invitation followed by an acceptance during the term triggers the fee.ragtimejoe1 wrote: ↑Thu Jan 11, 2024 9:50 pm
So mwc team can notify at any time as long as they don't officially leave by Aug.?
The article is off the mark. It looks at the issue purely from the WSU and OSU perspective with the $10 million dollar per school entrance fee. In addition to that, any school leaving the MWC would also be on the hook for the standard $5 million exit fee.ragtimejoe1 wrote: ↑Wed Jan 17, 2024 6:26 am A different perspective on the buyout. I guess on the plus side we'd be in. (I had to hit back and then hit the link again to get around the sign up pop up).
https://www.seattletimes.com/sports/wsu ... -and-more/
I don't know but I'm guessing there's a reason those teams negotiated it down. Maybe it was far enough? I actually think that group would pull all the stops to get in.OrediggerPoke wrote: ↑Wed Jan 17, 2024 6:56 amThe article is off the mark. It looks at the issue purely from the WSU and OSU perspective with the $10 million dollar per school entrance fee. In addition to that, any school leaving the MWC would also be on the hook for the standard $5 million exit fee.ragtimejoe1 wrote: ↑Wed Jan 17, 2024 6:26 am A different perspective on the buyout. I guess on the plus side we'd be in. (I had to hit back and then hit the link again to get around the sign up pop up).
https://www.seattletimes.com/sports/wsu ... -and-more/
You think MWC schools will also pay $5 million to join a marginally better conference (including us)?
$17-$34 million exit feeOrediggerPoke wrote: ↑Wed Jan 17, 2024 6:56 amThe article is off the mark. It looks at the issue purely from the WSU and OSU perspective with the $10 million dollar per school entrance fee. In addition to that, any school leaving the MWC would also be on the hook for the standard $5 million exit fee.ragtimejoe1 wrote: ↑Wed Jan 17, 2024 6:26 am A different perspective on the buyout. I guess on the plus side we'd be in. (I had to hit back and then hit the link again to get around the sign up pop up).
https://www.seattletimes.com/sports/wsu ... -and-more/
You think MWC schools will also pay $5 million to join a marginally better conference (including us)?
You're right.
67.5 mill for 6 schools + mwc penalty.evilpoke wrote: ↑Wed Jan 17, 2024 7:13 am$17-$34 million exit feeOrediggerPoke wrote: ↑Wed Jan 17, 2024 6:56 am
The article is off the mark. It looks at the issue purely from the WSU and OSU perspective with the $10 million dollar per school entrance fee. In addition to that, any school leaving the MWC would also be on the hook for the standard $5 million exit fee.
You think MWC schools will also pay $5 million to join a marginally better conference (including us)?
My belief is this.ragtimejoe1 wrote: ↑Wed Jan 17, 2024 7:11 amI don't know but I'm guessing there's a reason those teams negotiated it down. Maybe it was far enough? I actually think that group would pull all the stops to get in.OrediggerPoke wrote: ↑Wed Jan 17, 2024 6:56 am
The article is off the mark. It looks at the issue purely from the WSU and OSU perspective with the $10 million dollar per school entrance fee. In addition to that, any school leaving the MWC would also be on the hook for the standard $5 million exit fee.
You think MWC schools will also pay $5 million to join a marginally better conference (including us)?