(08-14-2014 02:47 PM)gulfcoastgal Wrote:  From the CBSSports.com article:

Quote:The league reported more than $36 million in ‘membership dues' on its last two federal tax returns, including $20.78 million from the fiscal year ending June 30, 2013, according to documents obtained by CBSSports.com...

For comparison, C-USA listed $3.61 million in membership dues on its 2010-11 return.

If this is correct, then at least $15.22M is from 2011/12. Memphis formally announced in Feb. 2012, but conceivably could have given notice to CUSA in late 2011. I'm guessing Memphis' share of ncaa tourney credits is included in those numbers classified as exit fees. BTW, I'm no accountant so please excuse me if I use the wrong terminology.

ETA: 15.22-3.61= 11.61/UCF,UH,SMU,UM = 2.9 if divided equally...which we know it's not. So, yeah, who knows?

Other than NCAA credits and some games, UM paid nothing.

(08-14-2014 01:12 PM)randaddyminer Wrote:  

(08-14-2014 11:55 AM)ecumbh1999 Wrote:  

(08-14-2014 09:46 AM)randaddyminer Wrote:  

(08-14-2014 06:12 AM)ecumbh1999 Wrote:  

(08-13-2014 10:46 PM)randaddyminer Wrote:  The way I read it, the money or whatever asset was used to secure the debt has already been paid to the conference and therefore, it already is showing up as a revenue.

I don't think there is an escrow account anymore. I could be reading it wrong, but to me it reads that the day the defecting schools ANNOUNCED they would be leaving, they put up whatever asset they decided on to secure the debt, and on the day they OFFICIALLY left the conference, the asset was transferred to Cusa.

I don't think there will be any future exchange of any money from either side.

That is for the 500k exit fee only, not the TV revenue protection. ECU has paid the 500k and the rest has yet to be decided.

Where did the rest of the 33 million difference in revenue come from?

Well, looking at the CBS story from the other thread here's my best guess brake down. In 2010-11 return CUSA reported 3.5 million in conferense dues, even though there were no membership changes. Guess is standard most years, so. 36 take 3.5, leaves 32.5 (also, forgot, the 36 million is for two years, not one), 8 new members at 2 million each is 16. Now you have 16.5, 6 leaving paid 500k each equalling 3.5. take that out leaves 13, minus the extra 3 UH has paid now down to 10 million. A article awhile back said UCF was looking at a total bill of 5.5(includes the 500k exot fee), now thay leaves just 5 million. I would think SMU paid about the same as UCF. so there is the 36 million.

We need a timeline

I don't think those numbers include the revenue from WKU, Tulsa, ECU and Tulane that would have been paid this year. Not last year.

Did Memphis announce during the 2012 fiscal year?

ECU sent the check for the 500k the day we announced we were leaving, per CUSA Bylaws. That is straight from the Chancellor. Did not include WKU, only Charlotte, FAU, FIU, ODU, MT, NT, UTSA, and La Tech, that's 8 for 2 million each. Also, school can use bonds they hold or other securities until they get the money, so some of that may not be actual dollars, but rather bonds and securities that equal those amounts.

Only used the 500k exit fee for ECU, Tulsa, and Tulane, I know ECU and Tulane paid that last year and I think Tulsa did aswell.

(08-14-2014 06:44 PM)ecumbh1999 Wrote:  

(08-14-2014 01:12 PM)randaddyminer Wrote:  

(08-14-2014 11:55 AM)ecumbh1999 Wrote:  

(08-14-2014 09:46 AM)randaddyminer Wrote:  

(08-14-2014 06:12 AM)ecumbh1999 Wrote:  That is for the 500k exit fee only, not the TV revenue protection. ECU has paid the 500k and the rest has yet to be decided.

Where did the rest of the 33 million difference in revenue come from?

Well, looking at the CBS story from the other thread here's my best guess brake down. In 2010-11 return CUSA reported 3.5 million in conferense dues, even though there were no membership changes. Guess is standard most years, so. 36 take 3.5, leaves 32.5 (also, forgot, the 36 million is for two years, not one), 8 new members at 2 million each is 16. Now you have 16.5, 6 leaving paid 500k each equalling 3.5. take that out leaves 13, minus the extra 3 UH has paid now down to 10 million. A article awhile back said UCF was looking at a total bill of 5.5(includes the 500k exot fee), now thay leaves just 5 million. I would think SMU paid about the same as UCF. so there is the 36 million.

We need a timeline

I don't think those numbers include the revenue from WKU, Tulsa, ECU and Tulane that would have been paid this year. Not last year.

Did Memphis announce during the 2012 fiscal year?

ECU sent the check for the 500k the day we announced we were leaving, per CUSA Bylaws. That is straight from the Chancellor. Did not include WKU, only Charlotte, FAU, FIU, ODU, MT, NT, UTSA, and La Tech, that's 8 for 2 million each. Also, school can use bonds they hold or other securities until they get the money, so some of that may not be actual dollars, but rather bonds and securities that equal those amounts.

Only used the 500k exit fee for ECU, Tulsa, and Tulane, I know ECU and Tulane paid that last year and I think Tulsa did aswell.

I don't think you understand what you're trying to talk about

(08-12-2014 02:33 AM)Eaglefan9 Wrote:  I know this is an old topic, but I missed the boat. How much was C-USA compensated in exit fees and/or NCAA credits from the teams that left ? How much did we get per team if that can be provided ?

oh, neat. this conversation again.

"hi, I'm new, and I would like to carelessly resurrect the most agonizing 14 months in conference history on this forum because I'm too lazy to use the forum search feature -- or even google, for that matter".

thanks.

(08-14-2014 09:25 AM)gulfcoastgal Wrote:  

(08-14-2014 09:06 AM)ecumbh1999 Wrote:  

(08-14-2014 08:41 AM)gulfcoastgal Wrote:  

(08-13-2014 10:51 PM)goherd24herdfans Wrote:  "Some of the money also went to the league's television package," explained Hamrick. "Conference USA wanted to make sure the TV package didn't lose any money."

So, does this mean that the media contract did go down and CUSA supplemented the difference? Or, does this refer to the much talked about escrow account to hedge against future losses?

Either way the CUSA commish is scrappy. I'm looking forward to catching USM games via the Sinclair deal.

Y'all, please don't turn this into a smack thread as there could be some good info here.

I'm only posting what I've read and I've been told by our athletic department.

Thanks, the Marshall AD's grammar is confusing me, but it could answer the UTEP fan's question. If CUSA used some funds to offset losses from the media deal, then reporting it as revenue makes sense. The only head scratcher is that it was reported that the contract did not go down. So, maybe he is using past tense to describe possible future events.

They are keeping it back, because i would assume they know the media contract will decrease. Its almost a certainty. I told everyone at the beginning of us losing teams, and once we knew who was going that i bet our revenue would drop to about 500k per school, half of what it is now roughly. Its just the way it is. And 500k per school would be not that bad considering we got 14 mouths to feed amd from a media standpoint?, our product became much less appealing overall.

It will all work out. The revenue will still be better than what we had in the MAC back in the day, and what the sunbelt will ever have. And of course the fcs programs will see a huge jump in revenue all around.

We just gotta wait and see.

so I'm right!!!! Nobody knows if they are right, so I'm right

actually, I'm pretty sure I'm right, just based on accounting. ECU, and I can't remember the other schools paid for the financial year of 2014

(08-14-2014 11:01 PM)EagleX Wrote:  

(08-12-2014 02:33 AM)Eaglefan9 Wrote:  I know this is an old topic, but I missed the boat. How much was C-USA compensated in exit fees and/or NCAA credits from the teams that left ? How much did we get per team if that can be provided ?

oh, neat. this conversation again.

"hi, I'm new, and I would like to carelessly resurrect the most agonizing 14 months in conference history on this forum because I'm too lazy to use the forum search feature -- or even google, for that matter".

thanks.

I agree EagleX. This guy probably isn't a USM fan and just started a thread to invite.....wait to entice some of the AAC posters to come over and promote their perceived superiority over CUSA.

(08-14-2014 10:33 PM)randaddyminer Wrote:  

(08-14-2014 06:44 PM)ecumbh1999 Wrote:  

(08-14-2014 01:12 PM)randaddyminer Wrote:  

(08-14-2014 11:55 AM)ecumbh1999 Wrote:  

(08-14-2014 09:46 AM)randaddyminer Wrote:  Where did the rest of the 33 million difference in revenue come from?

Well, looking at the CBS story from the other thread here's my best guess brake down. In 2010-11 return CUSA reported 3.5 million in conferense dues, even though there were no membership changes. Guess is standard most years, so. 36 take 3.5, leaves 32.5 (also, forgot, the 36 million is for two years, not one), 8 new members at 2 million each is 16. Now you have 16.5, 6 leaving paid 500k each equalling 3.5. take that out leaves 13, minus the extra 3 UH has paid now down to 10 million. A article awhile back said UCF was looking at a total bill of 5.5(includes the 500k exot fee), now thay leaves just 5 million. I would think SMU paid about the same as UCF. so there is the 36 million.

We need a timeline

I don't think those numbers include the revenue from WKU, Tulsa, ECU and Tulane that would have been paid this year. Not last year.

Did Memphis announce during the 2012 fiscal year?

ECU sent the check for the 500k the day we announced we were leaving, per CUSA Bylaws. That is straight from the Chancellor. Did not include WKU, only Charlotte, FAU, FIU, ODU, MT, NT, UTSA, and La Tech, that's 8 for 2 million each. Also, school can use bonds they hold or other securities until they get the money, so some of that may not be actual dollars, but rather bonds and securities that equal those amounts.

Only used the 500k exit fee for ECU, Tulsa, and Tulane, I know ECU and Tulane paid that last year and I think Tulsa did aswell.

I don't think you understand what you're trying to talk about

Actually I do, the Chancellor said we paid the 500k exit fee during the anoucment to AAC. He was asked by local media during the press conference. Terry Holland, our AD at the time had been saving up the money. We had 6.5 million saved up.

But, if you would to read the Bylaws, here you go,

http://grfx.cstv.com/photos/schools/tuls...ndbook.pdf

Start on page 6, section 3.06

(08-14-2014 07:44 AM)uhcoog27 Wrote:  To those asking if it's "worth it" after all the exit fees and entrance fees:

Annual revenue:

AAC - $72.3 million
Mountain West - $31.5 million
CUSA - $24.5 million

Those fees are made up in a single year. Easily.

Source: Tulsa World

Where the hell is that 70 mill figure coming from? Moving to the AAC is still the right move regardless but the numbers seem way off. Heres what Im getting:

Revenue/Expenses/Pecent Subsidy
AAC: 47,959,488...47,905,613...43.5%
MWC: 36,802,078...37,332,236...48.2%
CUSA: 26,959,662...26,596,806...61.7%

http://www.usatoday.com/sports/college/s.../finances/


*excludes private schools like Rice, SMU, Tulane, Tulsa, etc but they arent usually big revenue schools so I doubt including their numbers would move the scale much.

(08-15-2014 06:42 AM)correcamino Wrote:  

(08-14-2014 07:44 AM)uhcoog27 Wrote:  To those asking if it's "worth it" after all the exit fees and entrance fees:

Annual revenue:

AAC - $72.3 million
Mountain West - $31.5 million
CUSA - $24.5 million

Those fees are made up in a single year. Easily.

Source: Tulsa World

Where the hell is that 70 mill figure coming from? Moving to the AAC is still the right move regardless but the numbers seem way off. Heres what Im getting:

Revenue/Expenses/Pecent Subsidy
AAC: 47,959,488...47,905,613...43.5%
MWC: 36,802,078...37,332,236...48.2%
CUSA: 26,959,662...26,596,806...61.7%

http://www.usatoday.com/sports/college/s.../finances/


*excludes private schools like Rice, SMU, Tulane, Tulsa, etc but they arent usually big revenue schools so I doubt including their numbers would move the scale much.

The $70M figure is correct but I believe it had some one-time payments from outgoing schools and revenue from UCF's BCS win and UConn's men's bball national title.

I don't have the figures but I recall that UL and Rutgers paid hefty fees to leave AAC.

Which is a crime for Rutgers students, since they're being absolutely gouged via student fees to finance this jump to the Big 10 that Rutgers really can't support itself.

(08-15-2014 06:42 AM)correcamino Wrote:  

(08-14-2014 07:44 AM)uhcoog27 Wrote:  To those asking if it's "worth it" after all the exit fees and entrance fees:

Annual revenue:

AAC - $72.3 million
Mountain West - $31.5 million
CUSA - $24.5 million

Those fees are made up in a single year. Easily.

Source: Tulsa World

Where the hell is that 70 mill figure coming from? Moving to the AAC is still the right move regardless but the numbers seem way off. Heres what Im getting:

Revenue/Expenses/Pecent Subsidy
AAC: 47,959,488...47,905,613...43.5%
MWC: 36,802,078...37,332,236...48.2%
CUSA: 26,959,662...26,596,806...61.7%

http://www.usatoday.com/sports/college/s.../finances/


*excludes private schools like Rice, SMU, Tulane, Tulsa, etc but they arent usually big revenue schools so I doubt including their numbers would move the scale much.

Your talking two different things, he post the conference yearly revenue, you the team average revenue.

yeah. I'm just really glad this phucking conversation has reemerged.

(08-15-2014 08:36 AM)ecumbh1999 Wrote:  Your talking two different things, he post the conference yearly revenue, you the team average revenue.

So if I'm understanding this correctly...that is money the conference made as a whole (TV money?) which will be split up evenly and adds another~6 mill to each schools revenue? Which might be $3-4 once exit fees are paid off and if an AAC team doesn't win a bball title or play in a BCS bowl game?

(08-15-2014 07:25 AM)The Knight Time Wrote:  The $70M figure is correct but I believe it had some one-time payments from outgoing schools and revenue from UCF's BCS win and UConn's men's bball national title.

I don't have the figures but I recall that UL and Rutgers paid hefty fees to leave AAC.

Which is a crime for Rutgers students, since they're being absolutely gouged via student fees to finance this jump to the Big 10 that Rutgers really can't support itself.

I think ecumbh is right. I mixed em up. No AAC has revenue in the $70 mill range. The two highest are UConn and Cincinnati ($60 mill range) and everyone else is considerably lower ($25-45 mill).

(08-15-2014 08:42 AM)EagleX Wrote:  yeah. I'm just really glad this phucking conversation has reemerged.

A shot of common sense with a big chaser of STFU would go a long way toward answering these questions. No, you're not going to get rich off of exit fees. AAC revenue figures are between those of the MWC and those of the ACC. There is a clear hierarchy of conferences. Conferences don't pass each other up, and schools don't turn down membership offers. It's truly amazing how many thousands of pages of wishful thinking have been generated around these topics. There are absolutely no mysteries here.

(08-15-2014 04:10 PM)AndreWhere Wrote:  

(08-15-2014 08:42 AM)EagleX Wrote:  yeah. I'm just really glad this phucking conversation has reemerged.

A shot of common sense with a big chaser of STFU would go a long way toward answering these questions. No, you're not going to get rich off of exit fees. AAC revenue figures are between those of the MWC and those of the ACC. There is a clear hierarchy of conferences. Conferences don't pass each other up, and schools don't turn down membership offers. It's truly amazing how many thousands of pages of wishful thinking have been generated around these topics. There are absolutely no mysteries here.

a good dose of leaving it the phuck alone would be better. the realignment wars were 14 months of long time friends ass-ramming* each other into the dirt. nothing that could be said was left unsaid. nothing imaginable was left unplayed. there wasn't a facet of the thing that wasn't hammered flat.

it's not an experience I wish to relive, even in the smallest degree, ever again.


*metaphorically speaking, of course.