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re: Both Texas and OU are gonna be on hook to the Big XII for $76 million
Posted on 7/24/21 at 2:53 am to MrWalkingMan
Posted on 7/24/21 at 2:53 am to MrWalkingMan
You think their Athletic Dept just have those funds lying around? After a year when almost every big time AD lost millions?
Obviously they do fine with revenues in normal years but its not real desirable to have that hit on your books over the course of over how many years they'll pay it off.
Obviously they do fine with revenues in normal years but its not real desirable to have that hit on your books over the course of over how many years they'll pay it off.
Posted on 7/24/21 at 5:00 am to RD Dawg
They will negotiate it down.
Posted on 7/24/21 at 5:03 am to RD Dawg
Exactly. tu May make 200 M in rev in a normal year but they spend most of it as well.
They’re not going end up paying that. Enough of the leftovers of the Big 12 are going to find places to blow it up.
They’re not going end up paying that. Enough of the leftovers of the Big 12 are going to find places to blow it up.
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