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SBC3 buyout numbers per McMurphy
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Eagle in the gym Offline
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Post: #21
RE: SBC3 buyout numbers per McMurphy
So if no attorney of conference headquarter employee gets a single penny, the left-behind C-USA schools only get up to $225k per school? That's vile. I'm happy for USM, but man, that's a lot of bad press for such chump change. That really couldn't have been negotiated?
05-03-2022 06:00 PM
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freshtop Offline
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Post: #22
SBC3 buyout numbers per McMurphy
(05-03-2022 06:00 PM)Eagle in the gym Wrote:  So if no attorney of conference headquarter employee gets a single penny, the left-behind C-USA schools only get up to $225k per school? That's vile. I'm happy for USM, but man, that's a lot of bad press for such chump change. That really couldn't have been negotiated?

1.75 mil x 3 teams leaving early = 5.25 mil

5.25 mil / 5 teams left - 1,312,500 per team

That is just from the settlement from leaving early. There will still be the one year of forfeit revenues from the SBC3 and the two years from the AAC6. Not sure what the actual split will be, but we just approved a soccer and softball locker room facility with costs of 3 million that is expected to be almost completely funded by the exit fees. I would guess each of the remaining CUSA5 will get around 3 mil each. There conference is probably reserving a small cut as well.

The total math there doesn't add up for all forfeit revenues from all sources. 3 mil per CUSA5 might just be this year's cut with another coming next year from the AAC6's forfeitures for that year.
(This post was last modified: 05-03-2022 06:33 PM by freshtop.)
05-03-2022 06:10 PM
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HerdFanGuest Offline
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Post: #23
RE: SBC3 buyout numbers per McMurphy
(05-03-2022 05:31 PM)freshtop Wrote:  $250k is a pretty meager sum, but if leaving early only permitted C-USA to collect 1 year of revenues instead of two then 1.5 mil per team would have been lost as well right? This seemed to be more about compensating for the 2nd year of lost distributions than anything. Glad it is all over and done with now. I agree that the posturing over it was pretty wild from certain posters.

Since it was announced, I've been reading it as compensation for a 2nd years distribution. When you would mention that, most nay sayers just ignored that

There was only a couple that were blowing it out of proportion so much it was ridiculous, and I think most of those guys are gone now (or at least quiet)

I agree though. Glad its over. Hope yall can find a way out sometime soon. We've been stuck before, I know it sucks
05-03-2022 06:58 PM
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Post: #24
RE: SBC3 buyout numbers per McMurphy
(05-03-2022 06:10 PM)freshtop Wrote:  
(05-03-2022 06:00 PM)Eagle in the gym Wrote:  So if no attorney of conference headquarter employee gets a single penny, the left-behind C-USA schools only get up to $225k per school? That's vile. I'm happy for USM, but man, that's a lot of bad press for such chump change. That really couldn't have been negotiated?

1.75 mil x 3 teams leaving early = 5.25 mil

5.25 mil / 5 teams left - 1,312,500 per team

That is just from the settlement from leaving early. There will still be the one year of forfeit revenues from the SBC3 and the two years from the AAC6. Not sure what the actual split will be, but we just approved a soccer and softball locker room facility with costs of 3 million that is expected to be almost completely funded by the exit fees. I would guess each of the remaining CUSA5 will get around 3 mil each. There conference is probably reserving a small cut as well.

The total math there doesn't add up for all forfeit revenues from all sources. 3 mil per CUSA5 might just be this year's cut with another coming next year from the AAC6's forfeitures for that year.

The “year forfeit” revenue is just conference and school gobbledygook to make it sound like it costs a lot.

Departing schools just don’t get paid while waiting to leave.

A conference is a business partnership with equity members and departing members forfeit their equity and any claim to revenue.

Conference revenue is NCAA distributions based on 6 years of performance so that generally doesn’t change much unless losing a serious producer (ie. Memphis leaving CUSA). There is revenue from the CFP which is $10 million unless you have less than 10 members and another payment based on performance rated vs the G5 leagues, unlikely to move much for CUSA. Then there are sponsorships, not likely to change much. Then TV money and I doubt that changes much either, heck might improve with so many more competitors for streaming content.

There really isn’t a payment to leave just that withheld revenue that’s distributed among remaining members as if the departees don’t exist and it makes no little to no difference if the departing teams are there or not. Once new members come in the distribution changes again.

CUSA comes out ahead getting cash for an early departure.
05-03-2022 07:36 PM
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Post: #25
RE: SBC3 buyout numbers per McMurphy
Yeah, where is Mr. Attorney Tanq? Well, he TANKED. Now, he doesn't have the stones to come back and say how incorrect he was. We will see. WON'T WE TANQ?????
(This post was last modified: 05-03-2022 07:59 PM by THUNDERStruck73.)
05-03-2022 07:59 PM
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Yosef181 Offline
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Post: #26
RE: SBC3 buyout numbers per McMurphy
(05-03-2022 06:10 PM)freshtop Wrote:  
(05-03-2022 06:00 PM)Eagle in the gym Wrote:  So if no attorney of conference headquarter employee gets a single penny, the left-behind C-USA schools only get up to $225k per school? That's vile. I'm happy for USM, but man, that's a lot of bad press for such chump change. That really couldn't have been negotiated?

1.75 mil x 3 teams leaving early = 5.25 mil

5.25 mil / 5 teams left - 1,312,500 per team

That is just from the settlement from leaving early. There will still be the one year of forfeit revenues from the SBC3 and the two years from the AAC6. Not sure what the actual split will be, but we just approved a soccer and softball locker room facility with costs of 3 million that is expected to be almost completely funded by the exit fees. I would guess each of the remaining CUSA5 will get around 3 mil each. There conference is probably reserving a small cut as well.

The total math there doesn't add up for all forfeit revenues from all sources. 3 mil per CUSA5 might just be this year's cut with another coming next year from the AAC6's forfeitures for that year.

Why do people think the remaining schools of a conference receive money from departing schools? Unless I'm missing something, the conference itself keeps the money.
(This post was last modified: 05-03-2022 08:19 PM by Yosef181.)
05-03-2022 08:11 PM
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gdunn Offline
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Post: #27
RE: SBC3 buyout numbers per McMurphy
I mean I remember folks saying Judy got us good. So we paid all our obligations and an extra $250k. But we got took.
05-03-2022 08:17 PM
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Post: #28
RE: SBC3 buyout numbers per McMurphy
(05-03-2022 07:59 PM)THUNDERStruck73 Wrote:  Yeah, where is Mr. Attorney Tanq? Well, he TANKED. Now, he doesn't have the stones to come back and say how incorrect he was. We will see. WON'T WE TANQ?????

He took his L and went home a month ago.
05-03-2022 09:07 PM
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MUther Offline
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Post: #29
RE: SBC3 buyout numbers per McMurphy
(05-03-2022 05:31 PM)freshtop Wrote:  
(05-03-2022 05:10 PM)THUNDERStruck73 Wrote:  
(05-03-2022 04:24 PM)KRT8871 Wrote:  Sure was a lot of drama over such a negligible amount of money.

The delusional CUSA newbies and fans thought it would be a windfall for them. We tried to tell them it wasn't going to be that way. They wouldn't listen. Now, they have dinosaur egg on their face.

$250k is a pretty meager sum, but if leaving early only permitted C-USA to collect 1 year of revenues instead of two then 1.5 mil per team would have been lost as well right? This seemed to be more about compensating for the 2nd year of lost distributions than anything. Glad it is all over and done with now. I agree that the posturing over it was pretty wild from certain posters.

It was never in doubt we were paying 2 years revenue. Bzzzt. Try again. I was happy when I thought we paid 500k over. Now it's half that. Now we know "it wasn't $2 Million" means $1.75 million. The main difference is that we aren't earning money for CUSA that we won't collect so we'll actually have to pay that, where if we'd stayed it would have just been forfeited. But, like I said, we'd have paid 10M to get out. We got a steal. And I don't echo the sappy fans that wish anyone else there was coming with. After the way most of the fans acted towards us, they can burn in the hell they created. I only wish some of the new AAC jokes that are leaving lost their ticket and had to stay, too. That would make life perfect. But their folly will be seen soon enough. They didn't learn from CUSA mistakes and repeated history. About two or three more schools are going to leave the AAC and they will be a major pile of dung in <5 years.
(This post was last modified: 05-03-2022 09:21 PM by MUther.)
05-03-2022 09:10 PM
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Post: #30
RE: SBC3 buyout numbers per McMurphy
(05-03-2022 08:11 PM)Yosef181 Wrote:  
(05-03-2022 06:10 PM)freshtop Wrote:  
(05-03-2022 06:00 PM)Eagle in the gym Wrote:  So if no attorney of conference headquarter employee gets a single penny, the left-behind C-USA schools only get up to $225k per school? That's vile. I'm happy for USM, but man, that's a lot of bad press for such chump change. That really couldn't have been negotiated?

1.75 mil x 3 teams leaving early = 5.25 mil

5.25 mil / 5 teams left - 1,312,500 per team

That is just from the settlement from leaving early. There will still be the one year of forfeit revenues from the SBC3 and the two years from the AAC6. Not sure what the actual split will be, but we just approved a soccer and softball locker room facility with costs of 3 million that is expected to be almost completely funded by the exit fees. I would guess each of the remaining CUSA5 will get around 3 mil each. There conference is probably reserving a small cut as well.

The total math there doesn't add up for all forfeit revenues from all sources. 3 mil per CUSA5 might just be this year's cut with another coming next year from the AAC6's forfeitures for that year.

Why do people think the remaining schools of a conference receive money from departing schools? Unless I'm missing something, the conference itself keeps the money.

Our AD has specifically said we are using exit funds for a facility for softball and soccer.

Quote:Stewart said WKU will put out a bid for construction in the coming weeks, but the facility is anticipated to cost roughly $3 million. The funds for constructing the facility will come primarily from exit fees from those leaving Conference USA, as well as the Hilltopper Athletic Foundation if needed. Construction is expected to begin this summer.

“We won’t have to take a loan out, there won’t be any state money used – it’ll all be paid for from those two areas, but primarily from the exit fees,” Stewart said.

https://www.bgdailynews.com/sports/wku/w...7db7e.html
05-03-2022 09:18 PM
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monarx Offline
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Post: #31
RE: SBC3 buyout numbers per McMurphy
We also don’t get a distribution from the Sun Belt this year. The waived entry fees make that a wash, but it’s still basically an expenditure. Worth it for sure, but when it’s all said and done it will be in the $4 million range with $3 mill to leave and missing out on a $1 million+ distribution from the SB
05-03-2022 09:34 PM
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Yosef181 Offline
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Post: #32
RE: SBC3 buyout numbers per McMurphy
(05-03-2022 09:18 PM)freshtop Wrote:  
(05-03-2022 08:11 PM)Yosef181 Wrote:  
(05-03-2022 06:10 PM)freshtop Wrote:  
(05-03-2022 06:00 PM)Eagle in the gym Wrote:  So if no attorney of conference headquarter employee gets a single penny, the left-behind C-USA schools only get up to $225k per school? That's vile. I'm happy for USM, but man, that's a lot of bad press for such chump change. That really couldn't have been negotiated?

1.75 mil x 3 teams leaving early = 5.25 mil

5.25 mil / 5 teams left - 1,312,500 per team

That is just from the settlement from leaving early. There will still be the one year of forfeit revenues from the SBC3 and the two years from the AAC6. Not sure what the actual split will be, but we just approved a soccer and softball locker room facility with costs of 3 million that is expected to be almost completely funded by the exit fees. I would guess each of the remaining CUSA5 will get around 3 mil each. There conference is probably reserving a small cut as well.

The total math there doesn't add up for all forfeit revenues from all sources. 3 mil per CUSA5 might just be this year's cut with another coming next year from the AAC6's forfeitures for that year.

Why do people think the remaining schools of a conference receive money from departing schools? Unless I'm missing something, the conference itself keeps the money.

Our AD has specifically said we are using exit funds for a facility for softball and soccer.

Quote:Stewart said WKU will put out a bid for construction in the coming weeks, but the facility is anticipated to cost roughly $3 million. The funds for constructing the facility will come primarily from exit fees from those leaving Conference USA, as well as the Hilltopper Athletic Foundation if needed. Construction is expected to begin this summer.

“We won’t have to take a loan out, there won’t be any state money used – it’ll all be paid for from those two areas, but primarily from the exit fees,” Stewart said.

https://www.bgdailynews.com/sports/wku/w...7db7e.html

Have fun with it then. According to McMurphy's realignment article back in October, WKU was Option B for SBC expansion, then MTSU kept WKU from joining the MAC. At least the Hilltoppers receive something from this, even if it is temporary.
(This post was last modified: 05-03-2022 09:52 PM by Yosef181.)
05-03-2022 09:45 PM
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chiefsfan Offline
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Post: #33
RE: SBC3 buyout numbers per McMurphy
Essentially the SBC3 paid out what they would have anyway forefited. In the end, CUSA gets its money, but the payout was negligible enough that no one thinks twice paying it.
05-03-2022 10:48 PM
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Post: #34
RE: SBC3 buyout numbers per McMurphy
(05-03-2022 10:48 PM)chiefsfan Wrote:  Essentially the SBC3 paid out what they would have anyway forefited. In the end, CUSA gets its money, but the payout was negligible enough that no one thinks twice paying it.

Win for the three.
As it stood
No conference revenue for 2021-22
No conference revenue for 2022-23
No (or reduced) revenue for 2023-24 as entry fee

Now
No conference revenue for 2021-22
Pay $250,000
No conference revenue for 2022-23
Receive member share in 2023-23

It ends up being around $1.5 million more in the SBC 3 coffers.
05-03-2022 11:38 PM
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herdfan129 Offline
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Post: #35
RE: SBC3 buyout numbers per McMurphy
(05-03-2022 05:36 PM)THUNDERStruck73 Wrote:  
(05-03-2022 05:31 PM)freshtop Wrote:  
(05-03-2022 05:10 PM)THUNDERStruck73 Wrote:  
(05-03-2022 04:24 PM)KRT8871 Wrote:  Sure was a lot of drama over such a negligible amount of money.

The delusional CUSA newbies and fans thought it would be a windfall for them. We tried to tell them it wasn't going to be that way. They wouldn't listen. Now, they have dinosaur egg on their face.

$250k is a pretty meager sum, but if leaving early only permitted C-USA to collect 1 year of revenues instead of two then 1.5 mil per team would have been lost as well right? This seemed to be more about compensating for the 2nd year of lost distributions than anything. Glad it is all over and done with now. I agree that the posturing over it was pretty wild from certain posters.

I'm with you. I just hate to see you all not come along. I mean that.



I hope we can continue to play WKU every year in Olympic sports and regularly in football.
05-03-2022 11:39 PM
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FrankyP Offline
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Post: #36
RE: SBC3 buyout numbers per McMurphy
(05-03-2022 07:59 PM)THUNDERStruck73 Wrote:  Yeah, where is Mr. Attorney Tanq? Well, he TANKED. Now, he doesn't have the stones to come back and say how incorrect he was. We will see. WON'T WE TANQ?????

Thank gawd you only said his name twice. It takes 3 times to summon devils.
05-04-2022 05:30 AM
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FrankyP Offline
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Post: #37
RE: SBC3 buyout numbers per McMurphy
(05-03-2022 03:36 PM)gdunn Wrote:  
(05-03-2022 03:31 PM)HarborPointe Wrote:  
(05-03-2022 02:31 PM)gdunn Wrote:  I think it was in line with what we thought..

I believe we gave up a years rev, which was the $1.5 million.. Then the second year would've been that much, and an added penalty of $250k... So $3.25 million give or take total.. If my math is wrong please correct me.

$250k to bounce a year early is an absolute steal. As you say, we owed the rest regardless.

Man, that was a whole lot of la dee da out of the CUSA 5 to end up with only an extra $150k apiece.

Would the 5 schools actually see that though?

That’s the question: the posters all seem to believe the schools will be getting this money directly from the departing teams. I have my money on the fact that it will go to the conf, and lord knows if any of the individual schools ever see a dime of it.
(This post was last modified: 05-04-2022 06:17 AM by FrankyP.)
05-04-2022 05:32 AM
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GreenBison Offline
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Post: #38
RE: SBC3 buyout numbers per McMurphy
(05-03-2022 04:22 PM)TallTexan Wrote:  
(05-03-2022 03:48 PM)TroyFootball05 Wrote:  
(05-03-2022 03:35 PM)JMURocks Wrote:  
(05-03-2022 02:15 PM)TroyFootball05 Wrote:  
(05-03-2022 02:05 PM)GreenDaddy Wrote:  Gotcha, that makes sense to me. I think CUSA made the right move turning down EKU and Tarelton State. Stay at 9 and reevaluate after a few years to see how things look.

Wasn't Tarleton just recently DII?

Yes, still in transition. They become FCS post-season eligible in 2024. It's a 5 year process. Looks to me like 3 of their 6 wins last year were against D2 teams. Competitively, they are a very weak FCS team in a weak conference. They have been spending some money, and will have a nicer stadium than SHSU.

Not clear if they could jump to FBS with an invite and 2 year transition or not per NCAA regs.

Yeah I agree. I don't see why some of them were thinking Tarleton would be a good addition. Maybe they just meant they could keep the ship afloat if things had gone south, but man that would not be quality football. Maybe their basketball is good?

Tarleton has potential. Around 14k students, they were good at the D2 level and A&M has finally decided to spend on some of their system schools like Tarleton. Also an hour from Fort Worth IIRC.

However, they're gonna have to show something on the FCS level first. They've not been winning right out of the gate. Could they be a great expansion option in 5-10 years? Ya.

Are they today? Not in my opinion.

I never even heard of Tarleton until all this started LOL And I thought Jacksonville State was Div II in Florida
05-04-2022 06:57 AM
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GreenBison Offline
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Post: #39
RE: SBC3 buyout numbers per McMurphy
(05-03-2022 11:39 PM)herdfan129 Wrote:  
(05-03-2022 05:36 PM)THUNDERStruck73 Wrote:  
(05-03-2022 05:31 PM)freshtop Wrote:  
(05-03-2022 05:10 PM)THUNDERStruck73 Wrote:  
(05-03-2022 04:24 PM)KRT8871 Wrote:  Sure was a lot of drama over such a negligible amount of money.

The delusional CUSA newbies and fans thought it would be a windfall for them. We tried to tell them it wasn't going to be that way. They wouldn't listen. Now, they have dinosaur egg on their face.

$250k is a pretty meager sum, but if leaving early only permitted C-USA to collect 1 year of revenues instead of two then 1.5 mil per team would have been lost as well right? This seemed to be more about compensating for the 2nd year of lost distributions than anything. Glad it is all over and done with now. I agree that the posturing over it was pretty wild from certain posters.

I'm with you. I just hate to see you all not come along. I mean that.



I hope we can continue to play WKU every year in Olympic sports and regularly in football.

No thank you. We need to keep our series with ECU and VPI going.
05-04-2022 07:05 AM
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slycat Offline
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Post: #40
RE: SBC3 buyout numbers per McMurphy
AAC3 leaving is pretty funny too. AAC thought they get millions more from each. It just shows, time and time again, that the schools leaving early never will have to pay what the conference or remaining members think they will. They only ones that seems, for now, to have really gotten caught in a legal hold are Texas and OU.
05-04-2022 07:30 AM
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