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The true Oklahoma and Texas payout catch with the Big 12

Posted on 6/15/22 at 2:35 pm
Posted by jumpstart
Member since Jun 2018
919 posts
Posted on 6/15/22 at 2:35 pm
People do not realize that they have to buy their way out if they leave before 2111/ That's 99 years. They are not waiting on 2025 so they can get out of paying an exit fee. LINK /
Posted by AUCE05
Member since Dec 2009
42554 posts
Posted on 6/15/22 at 2:38 pm to
UT has enough money to hang any buyout up in lawsuits for eternity. The Big 12 knows this. There will be a compromise.
Posted by NFLSU
Screwston, Texas
Member since Oct 2014
16626 posts
Posted on 6/15/22 at 2:40 pm to
It’s been fun to watch OU hold onto Texas’ pocket throughout this entire ordeal
Posted by jumpstart
Member since Jun 2018
919 posts
Posted on 6/15/22 at 2:41 pm to
quote:

UT has enough money to hang any buyout up in lawsuits for eternity. The Big 12 knows this. There will be a compromise.
This is just to clarify the misconception that OU and Texas can get out free after 2025 contract....it's not true.
This post was edited on 6/15/22 at 2:42 pm
Posted by dstone12
Texan
Member since Jan 2007
30028 posts
Posted on 6/15/22 at 2:43 pm to
quote:

People do not realize that they have to buy their way out if they leave before 2111/ That's 99 years.


That is a long time and curious why anyone would negotiate anything under that timeframe.
Posted by dstone12
Texan
Member since Jan 2007
30028 posts
Posted on 6/15/22 at 2:45 pm to
quote:

This is just to clarify the misconception that OU and Texas can get out free after 2025 contract....it's not true


So why not just hop over now?

Seems like Texas is having trouble winning that conference.

The only acceptable scenario for UT, Ou and the sec is for those two to be in the big12 championship every year.

Otherwise baylor and OSU and national pundits are going to dog them for not being good enough to win the conference they are leaving.
Posted by SlicedBread
Member since Feb 2022
887 posts
Posted on 6/15/22 at 2:48 pm to
They can, though.
Only the Grant of Rights is fiduciary.
The "i promise to stay for 100 years" is unenforceable and penalty-free.
The two stipulations are not tied together contractually, and only the GOR spells out financial obligations.
Posted by XWing atAliciousness
Member since Jan 2018
8623 posts
Posted on 6/15/22 at 2:51 pm to
quote:

Seems like Texas is having trouble winning that conference.
That assumption would be incorrect. Big 12 Titles as of the end of 2022 athletic season:

Texas - 206
Baylor (second most) - 88
Posted by dstone12
Texan
Member since Jan 2007
30028 posts
Posted on 6/15/22 at 2:53 pm to
quote:

That assumption would be incorrect. Big 12 Titles as of the end of 2022 athletic season:


Okay. I should have clarified.

I am talking about football. And the two should be meeting in the big12 cship game.
Posted by XWing atAliciousness
Member since Jan 2018
8623 posts
Posted on 6/15/22 at 2:57 pm to
quote:

I am talking about football. And the two should be meeting in the big12 cship game.
That assumption is correct. Unfortunately, Texas has made quite a few mediocre hires in the past decade. Jury is still out on Sarkisian, but early returns were not as we hoped.
Posted by KaiserSoze99
Member since Aug 2011
31669 posts
Posted on 6/15/22 at 3:16 pm to
quote:

UT has enough money to hang any buyout up in lawsuits for eternity. The Big 12 knows this. There will be a compromise.



This

I hope it kills Baylor.


frick Baylor.
Posted by southernboisb
Member since Dec 2012
7254 posts
Posted on 6/15/22 at 3:36 pm to
2111 - 2022 = 99

*SMH*

All this time I thought I did well in math.
Posted by DKR81
Member since Aug 2019
333 posts
Posted on 6/15/22 at 3:39 pm to
Nice math.
Posted by Jobu93
Cypress TX
Member since Sep 2011
19197 posts
Posted on 6/15/22 at 3:41 pm to
I still chuckle at the "young" Ags hating on Baylor. They are such a non issue to me.

but I suppose it's all about current perspective. My kids, all they know is SEC and they will spit on the ground if you mention LSU while they have zero ill thoughts for the sips.

anyway, I have nothing to add to the conversation except frick both OU and the sips.
Posted by dstone12
Texan
Member since Jan 2007
30028 posts
Posted on 6/15/22 at 3:47 pm to
quote:

but I suppose it's all about current perspective. My kids, all they know is SEC and they will spit on the ground if you mention LSU

Searching for a rival, still? You should aim for miss state, then.

35-22


quote:

while they have zero ill thoughts for the sips.

Seems you’ve been wanting to erase them from your kids’ minds too, eh?
Posted by Krampus
Member since Nov 2018
5207 posts
Posted on 6/15/22 at 3:49 pm to
I dont give a flying frick about Baylor from wins and losses standpoint.

I think their athletic program should be burned to the ground for their heinous crimes, and the resulting cover ups to protect their sports programs.

The Briles era was the second most heinous example of an out of control athletics we have ever seen, behind only Penn. St.

The fact that they did everything they did to protect football, and silence/punish victims, and they still have a football program is disgusting, and I wish them nothing but misery and failure forever.
Posted by The Scofflaw
Metairie, LA
Member since Sep 2014
961 posts
Posted on 6/15/22 at 3:50 pm to
They will be part of the sec for 2023. With the 4 new schools coming on board in 2023, a compromise for that year will be reached.
Posted by jumpstart
Member since Jun 2018
919 posts
Posted on 6/15/22 at 3:52 pm to
quote:

All this time I thought I did well in math.
Check when the article was written. It's in the article....or when the agreement was made. I just put the number the article put out.
This post was edited on 6/15/22 at 3:56 pm
Posted by southernboisb
Member since Dec 2012
7254 posts
Posted on 6/16/22 at 7:06 am to
"What about the Big 12?
According to the Big 12’s bylaws, the 10 programs have agreed — with the other members — to remain in the conference until July 1, 2111, a period of 99 years from the July 1, 2012 agreement."
Posted by Toroballistic
Tallahassee
Member since Dec 2017
1895 posts
Posted on 6/16/22 at 7:19 am to
quote:

People do not realize that they have to buy their way out if they leave before 2111/ That's 99 years.


That is a long time and curious why anyone would negotiate anything under that timeframe.



Great Briton leased Hong Kong from China for 99 years. That's all I have.
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