ragtimejoe1 said:
I read the complaint and it is interesting. My take is they are to receive their 1.8 million bonus + their equal share as agreed upon in the re-entry agreement. However, they requested that they receive the 1.8 bonus in addition to a larger percentage split of the TV pool (never agreed upon by anyone). One point they are mad about is that they don't feel Hair tried hard enough to get them a bigger share. That complaint is horseshit. Their other complaint is the theoretical phase out of the 1.8 million bonus and separate TV negotiation. That has some validity because it was in the re-entry agreement BUT that won't be relevant for 6 more years. Plenty of time to negotiate that.
Still, the point that stuck out for me was that BSU was the first one who wanted to amend the deal to get them more money. I guess the re-entry agreement isn't concrete when BSU wants more money (i.e. they wanted a bigger share of the TV pool) but is concrete if the MWC tries to take something. Money be damned, I wouldn't be disappointed if they left.
It's beginning to appear more and more that Boise State may have (possibly inadvertently) committed an act of repudiation of their re-entry contract by asking for more money than the deal explicitly gave them. This would essentially be considered a breach by most courts.
It also appears that Boise State, in its own complaint, admits to this (asking for an increase), and also admits it signed off on the new TV contract subsequent to asking for an increase.
The upshot of all of this, is if Boise State did repudiate their re-entry contract, then the rest of the conference was pretty generous about letting the $1.8M extra continue for another six years. Instead, they simply decided to end it after this contract, as the re-entry contract, in part or in whole, could be considered invalidated by their breach.