Irony
Posted: Sat Nov 12, 2011 9:40 pm
Tcu may have just saved Boise $14m
- If Boise State reaches a BCS game this season, its year-end revenue distribution from the Mountain West would be roughly $7 million. According to the Mountain West's exit fee clause, the Broncos would forfeit that amount AND the greater of $5 million OR double the year-end distribution ($14 million).
That's how you get to $21 million.
- If Boise State did not make a BCS game this season, the Broncos would forfeit their year-end distribution (around $1.9 million) AND the greater of $5 million OR double the year-end distribution ($3.8 million).
In that case, it would be $1.9 million plus $5 million for a total of $6.9 million.
- If Boise State reaches a BCS game this season, its year-end revenue distribution from the Mountain West would be roughly $7 million. According to the Mountain West's exit fee clause, the Broncos would forfeit that amount AND the greater of $5 million OR double the year-end distribution ($14 million).
That's how you get to $21 million.
- If Boise State did not make a BCS game this season, the Broncos would forfeit their year-end distribution (around $1.9 million) AND the greater of $5 million OR double the year-end distribution ($3.8 million).
In that case, it would be $1.9 million plus $5 million for a total of $6.9 million.