PonyFans.comBoard IndexAround the HilltopFootballRecruitingBasketballOther Sports

Breaking News!

This is the forum for talk about SMU Football

Moderators: PonyPride, SmooPower

Breaking News!

Postby GRGB » Mon Oct 10, 2011 9:39 am

TCU to accept $20 million dollar yearly pay out, I mean, B12 invite, rather than return to MWC
http://espn.go.com/dallas/story/_/id/70 ... ite-monday

NOTE:
A Big 12 source told ESPN.com last week that the conference got more "expert information about fit/value/enhancement to our league," late Wednesday. The Big 12 knew of TCU's keen interest.


"There wasn't any reason to wait if we knew it would be the right choice," said the source, who added that "additional expansion is still possible."
User avatar
GRGB
All-American
 
Posts: 841
Joined: Thu Aug 25, 2011 8:48 pm

Re: Breaking News!

Postby huskerpony » Mon Oct 10, 2011 9:43 am

They don't get $20 mil for quite a while. Their share gets phased in over a number of years....probably right up to the point that the whole conference implodes.

Plus, they have to pay $5 mil to the Big East, and I assume there is some sort of exit fee for MWC too.
huskerpony
Hall of Famer
 
Posts: 2962
Joined: Mon Dec 03, 2007 12:07 pm

Re: Breaking News!

Postby GRGB » Mon Oct 10, 2011 9:46 am

huskerpony wrote:They don't get $20 mil for quite a while. Their share gets phased in over a number of years....probably right up to the point that the whole conference implodes.

Plus, they have to pay $5 mil to the Big East, and I assume there is some sort of exit fee for MWC too.

how so? the b12 contract starts next year. It's equal sharing.

mwc exit fee was already paid if at all.

funny that nebraska left for b10 for less money
User avatar
GRGB
All-American
 
Posts: 841
Joined: Thu Aug 25, 2011 8:48 pm

Re: Breaking News!

Postby NickSMU17 » Mon Oct 10, 2011 9:50 am

Big Ten got to up deal to close to 30 mil a team when nebraska joined....plus shared academic revenues...its not even close...
NickSMU17
PonyFans.com Super Legend
 
Posts: 5668
Joined: Wed Jan 21, 2004 4:01 am
Location: Hinsdale, IL

Re: Breaking News!

Postby lwjr » Mon Oct 10, 2011 9:54 am

NickSMU17 wrote:Big Ten got to up deal to close to 30 mil a team when nebraska joined....plus shared academic revenues...its not even close...


"plus shared academic revenues" what does that included? Research grants?
GO MUSTANGS!
lwjr
PonyFans.com Super Legend
 
Posts: 8160
Joined: Wed Jul 11, 2007 9:37 pm
Location: Midland, Texas

Re: Breaking News!

Postby smupony94 » Mon Oct 10, 2011 9:56 am

lwjr wrote:
NickSMU17 wrote:Big Ten got to up deal to close to 30 mil a team when nebraska joined....plus shared academic revenues...its not even close...


"plus shared academic revenues" what does that included? Research grants?

massive amounts of federal dollars
User avatar
smupony94
PonyFans.com Super Legend
 
Posts: 25665
Joined: Mon Mar 01, 2004 11:34 am
Location: Bee Cave, Texas

Re: Breaking News!

Postby NavyCrimson » Mon Oct 10, 2011 9:56 am

And they want me to pay how much to send my boy to college these days??!!!

College i becoming the big rip-off of the century!!!
BRING BACK THE GLORY DAYS OF SMU FOOTBALL!!!

For some strange reason, one of the few universities that REFUSE to use their school colors: Harvard Crimson & Yale Blue.
User avatar
NavyCrimson
PonyFans.com Legend
 
Posts: 3164
Joined: Wed Sep 13, 2000 3:01 am
Location: Simi Valley-CA (Hm of the Ronald Reagan Presidential Library)

Re: Breaking News!

Postby huskerpony » Mon Oct 10, 2011 10:38 am

I could be wrong, but I thought I read something last week that even with the equal revenue sharing TCU would only get a 1/3 share or something of the sort for the first 2 or 3 years. (Sort of like a buy-in.)

Same thing happened with Nebraska entering the Big Ten. For the first 2 years, B1G guaranteed Nebraska the same revenue they would get from Big 12, then remaining B1G schools got their full cut, then if anything is left over revenue was shared amongst all schools. However, they did renegotiate their contract, plus added the B1G championship game, so it probably all evened out in the end.

As far as "academic revenue" the Big Ten schools are all part of some academic alliance (can't recall the name for it) that shares research dollars. It was something crazy like an extra $50 mil a year that Nebraska would get on the academic side for making the move.
huskerpony
Hall of Famer
 
Posts: 2962
Joined: Mon Dec 03, 2007 12:07 pm

Re: Breaking News!

Postby lwjr » Mon Oct 10, 2011 10:54 am

huskerpony wrote:I could be wrong, but I thought I read something last week that even with the equal revenue sharing TCU would only get a 1/3 share or something of the sort for the first 2 or 3 years. (Sort of like a buy-in.)

Same thing happened with Nebraska entering the Big Ten. For the first 2 years, B1G guaranteed Nebraska the same revenue they would get from Big 12, then remaining B1G schools got their full cut, then if anything is left over revenue was shared amongst all schools. However, they did renegotiate their contract, plus added the B1G championship game, so it probably all evened out in the end.

As far as "academic revenue" the Big Ten schools are all part of some academic alliance (can't recall the name for it) that shares research dollars. It was something crazy like an extra $50 mil a year that Nebraska would get on the academic side for making the move.


Thanks for the explanation. So that means Nebraska can use the money to actually teach their athletles to read and write on a 8th grade level?
GO MUSTANGS!
lwjr
PonyFans.com Super Legend
 
Posts: 8160
Joined: Wed Jul 11, 2007 9:37 pm
Location: Midland, Texas

Re: Breaking News!

Postby huskerpony » Mon Oct 10, 2011 10:56 am

lwjr wrote:Thanks for the explanation. So that means Nebraska can use the money to actually teach their athletles to read and write on a 8th grade level?


The N on the helmet stands for Knowledge!
huskerpony
Hall of Famer
 
Posts: 2962
Joined: Mon Dec 03, 2007 12:07 pm

Re: Breaking News!

Postby ericdickerson4life » Mon Oct 10, 2011 11:02 am

And nowledge is POWER!
User avatar
ericdickerson4life
Heisman
 
Posts: 1738
Joined: Mon May 18, 2009 9:48 am

Re: Breaking News!

Postby lwjr » Mon Oct 10, 2011 11:12 am

huskerpony wrote:
lwjr wrote:Thanks for the explanation. So that means Nebraska can use the money to actually teach their athletles to read and write on a 8th grade level?


The N on the helmet stands for Knowledge!


That makes since.
GO MUSTANGS!
lwjr
PonyFans.com Super Legend
 
Posts: 8160
Joined: Wed Jul 11, 2007 9:37 pm
Location: Midland, Texas

Re: Breaking News!

Postby RednBlue11 » Mon Oct 10, 2011 11:14 am

not news
"There ain't nothing you can't solve with one more beer"
User avatar
RednBlue11
PonyFans.com Legend
 
Posts: 4858
Joined: Thu Nov 29, 2007 11:52 pm
Location: Under the "X" in Texas

Re: Breaking News!

Postby PoconoPony » Mon Oct 10, 2011 11:18 am

lwjr wrote:
huskerpony wrote:I could be wrong, but I thought I read something last week that even with the equal revenue sharing TCU would only get a 1/3 share or something of the sort for the first 2 or 3 years. (Sort of like a buy-in.)

Same thing happened with Nebraska entering the Big Ten. For the first 2 years, B1G guaranteed Nebraska the same revenue they would get from Big 12, then remaining B1G schools got their full cut, then if anything is left over revenue was shared amongst all schools. However, they did renegotiate their contract, plus added the B1G championship game, so it probably all evened out in the end.

As far as "academic revenue" the Big Ten schools are all part of some academic alliance (can't recall the name for it) that shares research dollars. It was something crazy like an extra $50 mil a year that Nebraska would get on the academic side for making the move.


Thanks for the explanation. So that means Nebraska can use the money to actually teach their athletles to read and write on a 8th grade level?


Reading and writing is a future goal in their Master Plan.
PoconoPony
PonyFans.com Legend
 
Posts: 4436
Joined: Mon Aug 25, 2008 8:01 pm
Location: Nesquehoning, Pennsylvania


Return to Football

Who is online

Users browsing this forum: Google [Bot], Google Adsense [Bot] and 8 guests