evilpoke
Well-known member
The being left behind like the only kid in gym class not chosen to play kickball with the teachers even snickering about it is the hardest part to take.
We were even relegated to 2nd tier status as a recipient of any poaching/exit penalties collected. By giving up millions to UNLV and AFA to keep a conference together we still can claim we are at least ahead of the MAC and CUSA with the Sun Belt hot on our heals.
Next up is the settlement from the mediation. I have my concerns that the pee12 will be proclaiming a victory and the $$ collected will be on the disappointing side. The how far we have fallen would be that the penalty $$ paid is closer to the minimum $61 million than greater than the target of $100 million.
The clock is ticking on the stay and we should find out within 2 weeks.
I don't understand the pessimism over mediation.
The MW has the PAC over the coals with signed agreements with stated fees and penalties.
It's not damages - it's stated fees signed by all parties.
I keep seeing the argument that it is 2 penalties for one action.
No. It's one deal with the PAC2 and a very separate deal the the nPac5. It just so happens that one action triggered both deals. (If AFA left for AAC, they would be paying the same exit fees as the nPac5 - where you go to doesn't matter - just that you left ).
Now - I'm not a lawyer - so if someone wants to correct me on that, please do!
I'm sticking with $100M.