(11-01-2021 08:38 AM)ThreeifbyLightning Wrote:  I see a big difference in this case vs previous instances. C-USA had options for previous defections and previous defections also didn't render the league inoperable without significant number of additions.

In this case, the damage being done to C-USA (and could easily be proven in court) by AAC and ESPN would likely put schools leaving in a legal pickle if they refused to pay exit fees. In other words, I believe C-USA would have recourse to sue multiple parties for damages if full exit fees are not paid. Just a thought.

Definitely, It really is foolish to believe that the fee will be “negotiated” when you have zero leverage and to apply other exits to this situation.

(11-01-2021 08:34 AM)Dawgxas Wrote:  

(11-01-2021 08:22 AM)MUHERD76 Wrote:  I haven't read the entire thread because I noticed there is a lot of misinformation being throw out there. Let me set the record straight for those of you that may not know. Exit fees are not like somebody opening a check book and signing a $3 million dollar check. That's not how it works. Exit fee money is typically negotiated and then the money involved comes out of conference distribution dollars.

All that being said, in CUSA exit fee money can be collected and distributed to members of 5 or more existing schools if they plan to keep the conference alive and move on. The issue for CUSA is when/if that membership drops below 5. At that point the conference members have an option to vote in dissolving the conference as it pertains to FBS sponsorship.

Point being....its more than likely that all exiting schools will not have to adhere to the exit fee rule that is in place when its all said and done. Especially now that it appears that WKU and MTSU are out the door as well.

It is not negotiated down though, The exit schools lose the revenue sharing and pay the full exit fee.

Show the bylaws that state 5 or more schools please

It's not the bylaws you need to consult..

NCAA says you need 6 members to determine a league champ in basketball for the tourney.

So you lose your autobid to the tourney, you lose your media coverage, then what?

(11-01-2021 08:42 AM)gdunn Wrote:  

(11-01-2021 08:28 AM)Dawgxas Wrote:  

(11-01-2021 08:03 AM)gdunn Wrote:  Here's how I understood it this weekend...

Every team that has left hasn't paid the exit fee in full.

The money is never paid all at once either. It can be spread a little at a time.

The way I heard it theorized this weekend was that if CUSA was to dissolve the exit fees were not owed, so in essence CUSA doesn't need to wait on everyone to leave and start grabbing money, the ones leaving just need to wait out CUSA's demise.

Again theory.

But what I also heard was the exit fee was around $3 million. USM was in position (which frankly shocked me) to be able to pay it but usually there were negotiations that occurred with these things, hence why some of the schools haven't paid the full amount and why it can be spread over time.

All those assumptions are based on previous conference exits and approved by remaining schools plus the exits fees were much larger.

The exit fee will be pay all at once because the conference is unstable and remaining schools will want the money now.

Dawg, here's the other bad news once CUSA falls under 6 members (which will probably happen this week when ODU and Marshall make it official), CUSA will need to show the media rights holder they're committed to staying together with the 5 remaining and the new programs. IF the new programs do not excite the holder, CUSA loses media rights and will probably go away.

You better hope Judy is on the horn with some programs that excite those folks.

? Do you understand the media rights are basically worthless 200k a year.

CUSA is a voting FBS member receiving Revenue sharing under the CFP agreement. 16-20 million

That alone is worth 100x more than the 200k media rights

We plan on going on a F4 run this year and calling it even.

(11-01-2021 08:46 AM)Dawgxas Wrote:  

(11-01-2021 08:42 AM)gdunn Wrote:  

(11-01-2021 08:28 AM)Dawgxas Wrote:  

(11-01-2021 08:03 AM)gdunn Wrote:  Here's how I understood it this weekend...

Every team that has left hasn't paid the exit fee in full.

The money is never paid all at once either. It can be spread a little at a time.

The way I heard it theorized this weekend was that if CUSA was to dissolve the exit fees were not owed, so in essence CUSA doesn't need to wait on everyone to leave and start grabbing money, the ones leaving just need to wait out CUSA's demise.

Again theory.

But what I also heard was the exit fee was around $3 million. USM was in position (which frankly shocked me) to be able to pay it but usually there were negotiations that occurred with these things, hence why some of the schools haven't paid the full amount and why it can be spread over time.

All those assumptions are based on previous conference exits and approved by remaining schools plus the exits fees were much larger.

The exit fee will be pay all at once because the conference is unstable and remaining schools will want the money now.

Dawg, here's the other bad news once CUSA falls under 6 members (which will probably happen this week when ODU and Marshall make it official), CUSA will need to show the media rights holder they're committed to staying together with the 5 remaining and the new programs. IF the new programs do not excite the holder, CUSA loses media rights and will probably go away.

You better hope Judy is on the horn with some programs that excite those folks.

? Do you understand the media rights are basically worthless 200k a year.

CUSA is a voting FBS member receiving Revenue sharing under the CFP agreement. 16-20 million

That alone is worth 100x more than the 200k media rights

CUSA is not the Big XII and with 5 members, you don't wield that much power.

I'm not worried about the exit fees. After seeing Judy handle everything else, she'll probably pay all nine of us to leave.

(11-01-2021 08:25 AM)monarx Wrote:  

(11-01-2021 08:22 AM)MUHERD76 Wrote:  I haven't read the entire thread because I noticed there is a lot of misinformation being throw out there. Let me set the record straight for those of you that may not know. Exit fees are not like somebody opening a check book and signing a $3 million dollar check. That's not how it works. Exit fee money is typically negotiated and then the money involved comes out of conference distribution dollars.

All that being said, in CUSA exit fee money can be collected and distributed to members of 5 or more existing schools if they plan to keep the conference alive and move on. The issue for CUSA is when/if that membership drops below 5. At that point the conference members have an option to vote in dissolving the conference as it pertains to FBS sponsorship.

Point being....its more than likely that all exiting schools will not have to adhere to the exit fee rule that is in place when its all said and done.

So does this mean if WKU and MT go to the MAC, none of us have to pay? That would drop the conference to 3 members, and new additions wouldnt count.

Once the original membership schools (those that have been a member for 2+ years) drops below 5, the option to vote and dissolve the conference kicks into effect. Therefore no exit fee money required.

Any "new members" does not have an effect on the "5 and less" rule. This is precisely why you have not seen CUSA add any new schools (Like New Mexico State) added to CUSA while everyone else (Sunbelt/MAC) is adding. There is no reason to add any schools to CUSA if the total membership drops below 5 because its likely membership will vote to dissolve.

(11-01-2021 08:46 AM)gdunn Wrote:  

(11-01-2021 08:34 AM)Dawgxas Wrote:  

(11-01-2021 08:22 AM)MUHERD76 Wrote:  I haven't read the entire thread because I noticed there is a lot of misinformation being throw out there. Let me set the record straight for those of you that may not know. Exit fees are not like somebody opening a check book and signing a $3 million dollar check. That's not how it works. Exit fee money is typically negotiated and then the money involved comes out of conference distribution dollars.

All that being said, in CUSA exit fee money can be collected and distributed to members of 5 or more existing schools if they plan to keep the conference alive and move on. The issue for CUSA is when/if that membership drops below 5. At that point the conference members have an option to vote in dissolving the conference as it pertains to FBS sponsorship.

Point being....its more than likely that all exiting schools will not have to adhere to the exit fee rule that is in place when its all said and done. Especially now that it appears that WKU and MTSU are out the door as well.

It is not negotiated down though, The exit schools lose the revenue sharing and pay the full exit fee.

Show the bylaws that state 5 or more schools please

It's not the bylaws you need to consult..

NCAA says you need 6 members to determine a league champ in basketball for the tourney.

So you lose your autobid to the tourney, you lose your media coverage, then what?

I guess I don’t understand what you are saying?

CUSA has to expand to meet the min FBS and NCAA conference standards.
That’s what 20 of these threads have been about.

He said “5 existing schools” where is that in the Bylaws?

(11-01-2021 08:28 AM)Dawgxas Wrote:  

(11-01-2021 08:03 AM)gdunn Wrote:  Here's how I understood it this weekend...

Every team that has left hasn't paid the exit fee in full.

The money is never paid all at once either. It can be spread a little at a time.

The way I heard it theorized this weekend was that if CUSA was to dissolve the exit fees were not owed, so in essence CUSA doesn't need to wait on everyone to leave and start grabbing money, the ones leaving just need to wait out CUSA's demise.

Again theory.

But what I also heard was the exit fee was around $3 million. USM was in position (which frankly shocked me) to be able to pay it but usually there were negotiations that occurred with these things, hence why some of the schools haven't paid the full amount and why it can be spread over time.

All those assumptions are based on previous conference exits and approved by remaining schools plus the exits fees were much larger.

The exit fee will be pay all at once because the conference is unstable and remaining schools will want the money now.

Trust me. That's not how it works.

(11-01-2021 08:48 AM)MUHERD76 Wrote:  

(11-01-2021 08:25 AM)monarx Wrote:  

(11-01-2021 08:22 AM)MUHERD76 Wrote:  I haven't read the entire thread because I noticed there is a lot of misinformation being throw out there. Let me set the record straight for those of you that may not know. Exit fees are not like somebody opening a check book and signing a $3 million dollar check. That's not how it works. Exit fee money is typically negotiated and then the money involved comes out of conference distribution dollars.

All that being said, in CUSA exit fee money can be collected and distributed to members of 5 or more existing schools if they plan to keep the conference alive and move on. The issue for CUSA is when/if that membership drops below 5. At that point the conference members have an option to vote in dissolving the conference as it pertains to FBS sponsorship.

Point being....its more than likely that all exiting schools will not have to adhere to the exit fee rule that is in place when its all said and done.

So does this mean if WKU and MT go to the MAC, none of us have to pay? That would drop the conference to 3 members, and new additions wouldnt count.

Once the original membership schools (those that have been a member for 2+ years) drops below 5, the option to vote and dissolve the conference kicks into effect. Therefore no exit fee money required.

Any "new members" does not have an effect on the "5 and less" rule. This is precisely why you have not seen CUSA add any new schools (Like New Mexico State) added to CUSA while everyone else (Sunbelt/MAC) is adding. There is no reason to add any schools to CUSA if the total membership drops below 5 because its likely membership will vote to dissolve.

Yeah the option. Of course.

But what makes you think that will happen especially if UTEP, Tech, FIU are left. That will not happen.

The CFP revenue sharing plus the exits fees these 3 are not going to vote to dissolve CUSA

(11-01-2021 08:52 AM)MUHERD76 Wrote:  

(11-01-2021 08:28 AM)Dawgxas Wrote:  

(11-01-2021 08:03 AM)gdunn Wrote:  Here's how I understood it this weekend...

Every team that has left hasn't paid the exit fee in full.

The money is never paid all at once either. It can be spread a little at a time.

The way I heard it theorized this weekend was that if CUSA was to dissolve the exit fees were not owed, so in essence CUSA doesn't need to wait on everyone to leave and start grabbing money, the ones leaving just need to wait out CUSA's demise.

Again theory.

But what I also heard was the exit fee was around $3 million. USM was in position (which frankly shocked me) to be able to pay it but usually there were negotiations that occurred with these things, hence why some of the schools haven't paid the full amount and why it can be spread over time.

All those assumptions are based on previous conference exits and approved by remaining schools plus the exits fees were much larger.

The exit fee will be pay all at once because the conference is unstable and remaining schools will want the money now.

Trust me. That's not how it works.

Trust me, if you are applying any other conference exits to this one you are mistaken.

(11-01-2021 08:50 AM)Dawgxas Wrote:  

(11-01-2021 08:46 AM)gdunn Wrote:  

(11-01-2021 08:34 AM)Dawgxas Wrote:  

(11-01-2021 08:22 AM)MUHERD76 Wrote:  I haven't read the entire thread because I noticed there is a lot of misinformation being throw out there. Let me set the record straight for those of you that may not know. Exit fees are not like somebody opening a check book and signing a $3 million dollar check. That's not how it works. Exit fee money is typically negotiated and then the money involved comes out of conference distribution dollars.

All that being said, in CUSA exit fee money can be collected and distributed to members of 5 or more existing schools if they plan to keep the conference alive and move on. The issue for CUSA is when/if that membership drops below 5. At that point the conference members have an option to vote in dissolving the conference as it pertains to FBS sponsorship.

Point being....its more than likely that all exiting schools will not have to adhere to the exit fee rule that is in place when its all said and done. Especially now that it appears that WKU and MTSU are out the door as well.

It is not negotiated down though, The exit schools lose the revenue sharing and pay the full exit fee.

Show the bylaws that state 5 or more schools please

It's not the bylaws you need to consult..

NCAA says you need 6 members to determine a league champ in basketball for the tourney.

So you lose your autobid to the tourney, you lose your media coverage, then what?

I guess I don’t understand what you are saying?

CUSA has to expand to meet the min FBS and NCAA conference standards.
That’s what 20 of these threads have been about.

He said “5 existing schools” where is that in the Bylaws?

The NCAA requires 6 members. Currently CUSA is at 5.

Who has CUSA invited and been accepted?

And again, if the invitees do not excite your media partners you could have 40 members and not be seen unless you play someone who does.

Unfortunately It is hard to understand people rationale here.

There is no negotiation besides how to pay the full amount. Exiting schools have zero leverage or vote in this situation.

Do you think FIU, UTEP and Tech will say sure knock off a 1 million. Surely you are not that naive

(11-01-2021 08:54 AM)Dawgxas Wrote:  

(11-01-2021 08:52 AM)MUHERD76 Wrote:  

(11-01-2021 08:28 AM)Dawgxas Wrote:  

(11-01-2021 08:03 AM)gdunn Wrote:  Here's how I understood it this weekend...

Every team that has left hasn't paid the exit fee in full.

The money is never paid all at once either. It can be spread a little at a time.

The way I heard it theorized this weekend was that if CUSA was to dissolve the exit fees were not owed, so in essence CUSA doesn't need to wait on everyone to leave and start grabbing money, the ones leaving just need to wait out CUSA's demise.

Again theory.

But what I also heard was the exit fee was around $3 million. USM was in position (which frankly shocked me) to be able to pay it but usually there were negotiations that occurred with these things, hence why some of the schools haven't paid the full amount and why it can be spread over time.

All those assumptions are based on previous conference exits and approved by remaining schools plus the exits fees were much larger.

The exit fee will be pay all at once because the conference is unstable and remaining schools will want the money now.

Trust me. That's not how it works.

Trust me, if you are applying any other conference exits to this one you are mistaken.

Yep. You're right. Judy and the remaining 5 are gonna squeeze every dime out of the 9 leaving, rendering them helpless.

(11-01-2021 08:58 AM)Dawgxas Wrote:  Unfortunately It is hard to understand people rationale here.

There is no negotiation besides how to pay the full amount. Exiting schools have zero leverage or vote in this situation.

Do you think FIU, UTEP and Tech will say sure knock off a 1 million. Surely you are not that naive

Surely you don't believe that the checkbooks will open and $36 mil just appear, because if you do you're naive.

CUSA officials may say we want it all, and lawyers for the 9 will say see you in arbitration or court, which will make CUSA balk and want to negotiate.

On the flip side, if CUSA dissolves there's no money owed. And currently looks like you'll be down to 3 and that's not enough to keep it going.

(11-01-2021 09:02 AM)gdunn Wrote:  Surely you don't believe that the checkbooks will open and $36 mil just appear, because if you do you're naive.

CUSA officials may say we want it all, and lawyers for the 9 will say see you in arbitration or court, which will make CUSA balk and want to negotiate.

On the flip side, if CUSA dissolves there's no money owed. And currently looks like you'll be down to 3 and that's not enough to keep it going.

There's no strong indication WKU and/or MT are gone. The MAC is "exploring" their options, which they would be dumb not to at least have a talk about expansion, but this doesn't mean it is a forgone conclusion.

(11-01-2021 09:08 AM)tyler90wm Wrote:  

(11-01-2021 09:02 AM)gdunn Wrote:  Surely you don't believe that the checkbooks will open and $36 mil just appear, because if you do you're naive.

CUSA officials may say we want it all, and lawyers for the 9 will say see you in arbitration or court, which will make CUSA balk and want to negotiate.

On the flip side, if CUSA dissolves there's no money owed. And currently looks like you'll be down to 3 and that's not enough to keep it going.

There's no strong indication WKU and/or MT are gone. The MAC is "exploring" their options, which they would be dumb not to at least have a talk about expansion, but this doesn't mean it is a forgone conclusion.

Good point.

If it gets down to three schools, do only those three vote whether to dissolve or not? Or do all current members vote on that issue. It would obviously be 11-3 to dissolve at that point, or the negotiation comes in and the 11 say we wont vote to dissolve (so they keep the CFP/NCAA bids and money), but the exit fees are $1 dollar.

(11-01-2021 09:31 AM)monarx Wrote:  If it gets down to three schools, do only those three vote whether to dissolve or not? Or do all current members vote on that issue. It would obviously be 11-3 to dissolve at that point, or the negotiation comes in and the 11 say we wont vote to dissolve (so they keep the CFP/NCAA bids and money), but the exit fees are $1 dollar.

I honestly do not know how that works.

Legally, until July 1, 2023, CUSA has 14 members. If they decide to hold a vote before that date, I would think all 14 would be able to cast a vote.

After reading all sides, the only thing I can see is that there are a lot questions to be answered and we won’t really know how it all works out until it is all worked out. The biggest variable still left of course is if WKU and MTU leave the conf also.

During Marshall's SBC press conference, Both President and Interim AD confirmed the total buyout from CUSA is 3 million. They don't have to actually write a check just forego the next two years distributions of 1.5 million.