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re: The true Oklahoma and Texas payout catch with the Big 12
Posted on 6/16/22 at 7:26 am to jumpstart
Posted on 6/16/22 at 7:26 am to jumpstart
quote:
This is just to clarify the misconception that OU and Texas can get out free after 2025 contract....it's not true.
From the article;
quote:
Without an agreement changing the terms, schools leaving the conference must notify the league at least 18 months in advance of departure, pay a buyout fee equal to the sum of the conference distribution money that otherwise would be paid out during the final two years of membership
When the current TV deal ends, there is no further conference distribution money. If Texas and OU give their notice exactly 18 months from the final day of the contract, they pay nothing.
Personally, I want Texas to ride this out until the end. This will allow us time to fire Sark after he sucks this year (which is a certainty) and to hopefully hire a competent coach.
Also, I like the idea of the other conference members not getting a dime from us.
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Posted on 6/16/22 at 8:03 am to SneezyBeltranIsHere
quote:You've got it half right.
When the current TV deal ends, there is no further conference distribution money. If Texas and OU give their notice exactly 18 months from the final day of the contract, they pay nothing.
Personally, I want Texas to ride this out until the end. This will allow us time to fire Sark after he sucks this year (which is a certainty) and to hopefully hire a competent coach.
Also, I like the idea of the other conference members not getting a dime from us.
If OU and Texas leave after the end of the 2024-25 school year, they will do so without having to deal with the Grant of Rights agreement, which expires at that time. If they want to leave before then, they will have to negotiate a deal with Fox and the conference, as their is no buyout provision (and no obligation on the part of the conference or Fox to agree to anything). It's hard to see where Fox has anything to gain by letting them go early, so it would probably take a significant chunk of money to get Fox to sign off on an early release of the GOR.
However, you are overlooking the Big XII Bylaws. This is another hurdle that has to be cleared. The OP mistakenly thinks that no one can leave before 2111 -- that is incorrect. This is the date that the Big XII dissolves, if no further action is taken. Until then, teams can leave providing that they comply with the exit provision, which requires the departing member to give 18 months notice, and to forfeit the last 2 years of conference distributions. Because the conference distribution is around $40 million, this is why folks are saying it will cost OU and Texas about $80 million to pay the buyout. They actually won't write a check, they just won't get a check from the Big XII when it makes annual distribution in July of the two years following the withdrawal notice.
In order to leave in 2024, OU and Texas would have to give formal notice that they are leaving prior to January 1, 2023, so we will know by the end of the year if they intend to leave early. I don't believe that the SEC will allow OU and Texas to come without complying with the Big XII bylaws (or working some other deal with the conference) as the SEC does not want to get sued for tortious interference. There is a legal method for OU and Texas to go, and I expect that they will have to follow that method in order to make the move.
Posted on 6/16/22 at 8:13 am to The Scofflaw
quote:
With the 4 new schools coming on board in 2023
you mean 2 new schools!
Posted on 6/16/22 at 8:20 am to SneezyBeltranIsHere
quote:
When the current TV deal ends, there is no further conference distribution money. If Texas and OU give their notice exactly 18 months from the final day of the contract, they pay nothing.
Personally, I want Texas to ride this out until the end. This will allow us time to fire Sark after he sucks this year (which is a certainty) and to hopefully hire a competent coach.
Also, I like the idea of the other conference members not getting a dime from us.
Dang.....that's rough for Sark. I actually think t.u. has a pretty decent coach for once. Don't think he is the answer for SEC but do believe he will do enough to maintain his position into the SEC. Big 12 is wide open with a ton of opportunity for horns to finally do something significant. But in 2025....everything falls apart....
Posted on 6/16/22 at 8:54 am to SneezyBeltranIsHere
You're a fking idiot.
Posted on 6/16/22 at 10:35 am to jumpstart
Seems like the best way for each to just uproot is to just, well, uproot. Tie it up in court and move on. Start playing all SEC schedules in August 2023.
Posted on 6/16/22 at 10:46 am to Krampus
You just proved you know absolutely nothing about what happened at Baylor krampus.a
Posted on 6/16/22 at 10:49 am to KaiserSoze99
quote:
This
I hope it kills Baylor.
frick Baylor.
It's nice when we can find common ground.
Posted on 6/16/22 at 10:58 am to perch
quote:
You just proved you know absolutely nothing about what happened at Baylor krampus.a
Educate yourself.
quote:
New Baylor lawsuit alleges 52 rapes by football players in 4 years, 'show 'em a good time' culture
The lawsuit alleges that 31 Baylor football players committed 52 acts of rape in four years — an estimate that far exceeds the number previously provided by school officials.
quote:
Baylor football players committed at least 52 acts of rape, including five gang rapes, between 2011 and 2014 — an estimate that far exceeds the number previously provided by school officials.
https://www.dallasnews.com/news/2017/01/27/new-baylor-lawsuit-alleges-52-rapes-by-football-players-in-4-years-show-em-a-good-time-culture/
quote:
Another player, whose sexual advances the woman had turned down the day before, kept grabbing at her all night despite her repeatedly telling him "no," the lawsuit stated.
According to the lawsuit, once the woman's friends left, a football player picked her up, put her in his vehicle and drove her to another location, where at least four -- and up to eight -- football players "brutally gang raped" her.
"Plaintiff remembers lying on her back, unable to move and staring at glow-in-the-dark stars on the ceiling as the football players took turns raping her," the lawsuit stated. "Following the gang rape, plaintiff remembers hearing the players yell, 'Grab her phone! Delete my numbers and texts!'"
quote:
the woman's mother contacted an assistant football coach -- later identified as former strength and conditioning coach Kaz Kazadi -- in July 2012 and told him about the alleged rape. Kazadi brought two players into his office and questioned them, but they said they were just "fooling around" and it was "just a little bit of playtime," according to a legal filing by three Baylor regents in a separate lawsuit.
"The assistant football coach reportedly spoke to other Baylor football coaches who engaged in victim-blaming," the woman's lawsuit stated. "Despite taking no further action to determine the veracity of the gang rape allegations, the assistant football coach concluded that the accusations were in a 'gray area' and there was no definitive evidence of sexual assault."
https://www.espn.com/college-football/story/_/id/24090683/baylor-university-settles-title-ix-lawsuit-which-gang-rape-8-football-players-was-alleged
Thats some detail fro. just one instance.
There were 51 others during that span.
51. Others.
You want to defend this shite. Be my guest. Have fun in hell.
This post was edited on 6/16/22 at 11:10 am
Posted on 6/16/22 at 10:59 am to SneezyBeltranIsHere
quote:There will be another contract negotiated and OU and Texas will be bound by that contract until 2111....the contract running out doesn't release them from any future contracts. Their media rights are tied until 2111 regardless unless they pay. "MEDIA RIGHTS" are the key here....not the current contract....
When the current TV deal ends, there is no further conference distribution money. If Texas and OU give their notice exactly 18 months from the final day of the contract, they pay nothing.
This post was edited on 6/16/22 at 11:02 am
Posted on 6/16/22 at 10:59 am to SneezyBeltranIsHere
nm
This post was edited on 6/16/22 at 11:00 am
Posted on 6/16/22 at 11:30 am to jumpstart
quote:Not correct.
There will be another contract negotiated and OU and Texas will be bound by that contract until 2111....the contract running out doesn't release them from any future contracts. Their media rights are tied until 2111 regardless unless they pay. "MEDIA RIGHTS" are the key here....not the current contract....
Their media rights are only tied up until 2025, when the Grant of Rights expires. They would still have to deal with the exit fee under the Bylaws, but that's a separate issue.
Posted on 6/16/22 at 11:33 am to Sao
quote:The SEC doesn't want to be party to a lawsuit. There is a legal way for OU and Texas to leave, so the SEC will require them to follow the contract language, in all likelihood. The Big XII did a pretty good job revising their documents to make it harder to leave after A&M and Missouri left.
Seems like the best way for each to just uproot is to just, well, uproot. Tie it up in court and move on. Start playing all SEC schedules in August 2023.
Posted on 6/16/22 at 11:54 am to twk
Read the damn article dude.....
Posted on 6/16/22 at 12:00 pm to jumpstart
I read it. It doesn’t mean what you think it does.
Posted on 6/16/22 at 12:06 pm to twk
quote:
The Big XII did a pretty good job revising their documents to make it harder to leave after A&M and Missouri left.
I find this extremely funny considering that DeLoss Dodds, the teasip AD at the time, was the driving force behind these revisions. He wanted to be sure that if anyone else tried to leave that it was going to cost them. His decisions are now biting his school in the arse.
Then again, DeLoss was not known for his vision. He pushed for the lhn, which was a good deal for 'sip but it wound up destroying the conference in the long run. He was too selfish to make the lhn a Big 12 network. He wanted 'sip to keep all that money. They have been squandering it for the last ten years. In football, they can't even win the conference they control.
teasip football program:
Posted on 6/16/22 at 12:16 pm to twk
quote:
SEC does not want to get sued for tortious interference
In the past two plus decades, where teams have been poached from conferences far more brazenly and with far fewers t's crossed and i's dotted, when has any conference ever sued another for tortious interference? Sorry but that's a fantasy notion at best. The SEC may not want look bad though, that I can agree. But any lawsuits will be between schools and conferences, not conferences and conferences.
Posted on 6/16/22 at 12:47 pm to ouflak
quote:So far, everyone has worked out a settlement and it hasn't come to that. The guy I was responding to just suggested OU and Texas should leave and let the Big XII sue. I don't think it's a stretch to say that if they took that approach, we would see the Big XII go scorched earth and join every potential party, particularly one that doesn't enjoy sovereign immunity (unlike most of its members). Plaintiff's lawyers are not known for letting potential defendants off the hook without even being sued.
In the past two plus decades, where teams have been poached from conferences far more brazenly and with far fewers t's crossed and i's dotted, when has any conference ever sued another for tortious interference? Sorry but that's a fantasy notion at best. The SEC may not want look bad though, that I can agree. But any lawsuits will be between schools and conferences, not conferences and conferences.
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