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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
Posted by RD Dawg
Atlanta
Member since Sep 2012
27323 posts
Posted on 7/24/21 at 2:53 am to
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.
Posted by SECaptain
Member since Jan 2017
333 posts
Posted on 7/24/21 at 5:00 am to
They will negotiate it down.
Posted by Farmer1906
The Woodlands, TX
Member since Apr 2009
51032 posts
Posted on 7/24/21 at 5:03 am to
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.
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