PorkerPoke
Well-known member
Chris Murray obtained a redacted copy of the pee12 GOR.
Two items in particular to note:
1 - “The schools agreed to take responsibility for all debts, obligations and legal fees as a result of departing its previous conference (the MW schools owe a roughly $18 million exit fee); a subhead under this section is redacted and seems to indicate the Pac-12 will cover a portion of these fees”
2 - “A school can withdraw without penalty to join a Power 4 school upon the expiration of the grant of media rights, but if it joins a non-Power 4 conference upon that expiration, it would owe the Pac-12 three times the average conference distribution with more than a year's notice and six times that fee with less than a year's notice”
I interpret this as the traitors should be paying a significant if not the entirety of their exit fees and with the use of the clause with 3-6 times the conference distribution penalties the MWC could argue they copied the MWC legal process for leaving the conference so they DO know what they are doing.
They are doing what they can to protect the pee12 brand long term including a pay 2 times a conference distribution if leaving for a P4 conference which would be a nominal penalty.
Two items in particular to note:
1 - “The schools agreed to take responsibility for all debts, obligations and legal fees as a result of departing its previous conference (the MW schools owe a roughly $18 million exit fee); a subhead under this section is redacted and seems to indicate the Pac-12 will cover a portion of these fees”
2 - “A school can withdraw without penalty to join a Power 4 school upon the expiration of the grant of media rights, but if it joins a non-Power 4 conference upon that expiration, it would owe the Pac-12 three times the average conference distribution with more than a year's notice and six times that fee with less than a year's notice”
I interpret this as the traitors should be paying a significant if not the entirety of their exit fees and with the use of the clause with 3-6 times the conference distribution penalties the MWC could argue they copied the MWC legal process for leaving the conference so they DO know what they are doing.
They are doing what they can to protect the pee12 brand long term including a pay 2 times a conference distribution if leaving for a P4 conference which would be a nominal penalty.
