(05-04-2022 06:57 AM)GreenBison Wrote:  

(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:  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

I remember Tarleton being in the Lone Star Conference with Harding in the 90s. That's about it.

(05-04-2022 11:03 PM)Porcine Wrote:  

(05-04-2022 06:57 AM)GreenBison Wrote:  

(05-03-2022 04:22 PM)TallTexan Wrote:  

(05-03-2022 03:48 PM)TroyFootball05 Wrote:  

(05-03-2022 03:35 PM)JMURocks Wrote:  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

I remember Tarleton being in the Lone Star Conference with Harding in the 90s. That's about it.

Yeah just one of those names you remember hearing but can’t say much beyond that

(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.

Yeah, it was going to be "forfeit two years earnings" and is now 1 year plus $1.75m, but we still don't get paid next year, is my understanding. Obviously C-USA won't be paying us and I think we've been told by those "in the know" here that we won't get paid by the Sun Belt in 2022-23. That means for the 3 schools, it's an additional loss of $1.75m. For C-USA, we don't know if they gain or lose on it, since we don't know if their TV partners will/have renegotiated what they'll pay for the reduced inventory of games.

(05-05-2022 07:56 AM)Luckyshot 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.

Yeah, it was going to be "forfeit two years earnings" and is now 1 year plus $1.75m, but we still don't get paid next year, is my understanding. Obviously C-USA won't be paying us and I think we've been told by those "in the know" here that we won't get paid by the Sun Belt in 2022-23. That means for the 3 schools, it's an additional loss of $1.75m. For C-USA, we don't know if they gain or lose on it, since we don't know if their TV partners will/have renegotiated what they'll pay for the reduced inventory of games.

That was money we weren't going to be getting regardless.

IF we'd stayed in CUSA:

No distribution this year (21-22) or next year (22-23).


Since we popped smoke:

No distribution this year (21-22).
Paid next year's distribution ($1.5 million)
Penalty for leaving early ($250k)
No distribution from SBC until 23-24.
Cost savings from swapping is upwards of over half a million.

Rumor is we had the money on hand to pay out and we wouldn't do this if it wasn't fiscally smart.

Now.. there was a chirp I heard that maybe ESPN was going to throw some coin if we could pull it off, but that was mostly fodder in my opinion.

CUSA filed to keep deal with USM from public record. I would assume similar fillings were made with ODU and Marshall as well.

(05-05-2022 10:15 AM)benny_t Wrote:  CUSA filed to keep deal with USM from public record. I would assume similar fillings were made with ODU and Marshall as well.

JuDy ToOk ThE sBc3 To ThE cLeAnErS

(05-05-2022 10:15 AM)benny_t Wrote:  CUSA filed to keep deal with USM from public record. I would assume similar fillings were made with ODU and Marshall as well.

For anyone who didn’t click the link:

Quote:Conference USA argues the settlement “contains confidential financial and commercial information” and that “disclosing that information would greatly and irreparably harm C-USA’s interests.”

(05-05-2022 10:26 AM)HarborPointe Wrote:  

(05-05-2022 10:15 AM)benny_t Wrote:  CUSA filed to keep deal with USM from public record. I would assume similar fillings were made with ODU and Marshall as well.

For anyone who didn’t click the link:

Quote:Conference USA argues the settlement “contains confidential financial and commercial information” and that “disclosing that information would greatly and irreparably harm C-USA’s interests.”

LOL. This is a gift just keeps on giving and giving.

(05-05-2022 08:03 AM)gdunn Wrote:  

(05-05-2022 07:56 AM)Luckyshot 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.

Yeah, it was going to be "forfeit two years earnings" and is now 1 year plus $1.75m, but we still don't get paid next year, is my understanding. Obviously C-USA won't be paying us and I think we've been told by those "in the know" here that we won't get paid by the Sun Belt in 2022-23. That means for the 3 schools, it's an additional loss of $1.75m. For C-USA, we don't know if they gain or lose on it, since we don't know if their TV partners will/have renegotiated what they'll pay for the reduced inventory of games.

That was money we weren't going to be getting regardless.

IF we'd stayed in CUSA:

No distribution this year (21-22) or next year (22-23).


Since we popped smoke:

No distribution this year (21-22).
Paid next year's distribution ($1.5 million)
Penalty for leaving early ($250k)
No distribution from SBC until 23-24.
Cost savings from swapping is upwards of over half a million.

Rumor is we had the money on hand to pay out and we wouldn't do this if it wasn't fiscally smart.

Now.. there was a chirp I heard that maybe ESPN was going to throw some coin if we could pull it off, but that was mostly fodder in my opinion.

Yes, but not getting the payout next year is 0.00. Paying out is -1.50m (plus the 250k you acknowledge).

Also no SBC entrance fee, correct? If so, that would offset some costs as well.

(05-05-2022 12:36 PM)ODUi Wrote:  Also no SBC entrance fee, correct? If so, that would offset some costs as well.

I don't think we were being charged one either way. Completely worth it, but I think some are lessoning the true cost. We'll see if the real number ever get released.

(05-05-2022 12:36 PM)ODUi Wrote:  Also no SBC entrance fee, correct? If so, that would offset some costs as well.

Correct. But also no payout in 2022/23.

(05-05-2022 12:37 PM)Luckyshot Wrote:  

(05-05-2022 12:36 PM)ODUi Wrote:  Also no SBC entrance fee, correct? If so, that would offset some costs as well.

I don't think we were being charged one either way. Completely worth it, but I think some are lessoning the true cost. We'll see if the real number ever get released.

You weren't, but there is an assumption of reduced revenue share first year regardless, that sort of works like an entrance fee.

(05-05-2022 12:43 PM)monarx Wrote:  

(05-05-2022 12:36 PM)ODUi Wrote:  Also no SBC entrance fee, correct? If so, that would offset some costs as well.

Correct. But also no payout in 2022/23.

So basically just losing the CUSA payout but playing more regional opponents in the Sun Belt so they save lost money on travel. I'm sure it's not enough to offset it but it's definitely worth it for the schools in the long run.

(05-05-2022 07:56 AM)Luckyshot 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.

Yeah, it was going to be "forfeit two years earnings" and is now 1 year plus $1.75m, but we still don't get paid next year, is my understanding. Obviously C-USA won't be paying us and I think we've been told by those "in the know" here that we won't get paid by the Sun Belt in 2022-23. That means for the 3 schools, it's an additional loss of $1.75m. For C-USA, we don't know if they gain or lose on it, since we don't know if their TV partners will/have renegotiated what they'll pay for the reduced inventory of games.

The approximate amount we owe CUSA is $1.5 million per year to be withheld if we stayed out our notice. For 21-22, the share we earn as a member through 6/30/22 is simply not paid to us. We are out $1.5 million so far that we would have received had we not left C-USA.

For 22-23, we won't be members of CUSA, so we won't be earning any revenue for CUSA, so it is not possible for earnings to be withheld. Instead, we are paying $1.75 million instead of having revenue we earned withheld. So to complete the settlement, we are out a total of $3.25 million. You are counting amounts that would be withheld if we were still members of CUSA. It isn't possible to withhold funds that do not exist because there will be no revenue earned by USM for CUSA in 22-23.

Whether it's withheld or whether we stroke a check, the amount we will be "paying" is $3.25 million, which is about $250k more than if we'd stayed out our notice.

(05-05-2022 12:33 PM)Luckyshot Wrote:  

(05-05-2022 08:03 AM)gdunn Wrote:  

(05-05-2022 07:56 AM)Luckyshot Wrote:  

(05-03-2022 05:31 PM)freshtop Wrote:  

(05-03-2022 05:10 PM)THUNDERStruck73 Wrote:  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.

Yeah, it was going to be "forfeit two years earnings" and is now 1 year plus $1.75m, but we still don't get paid next year, is my understanding. Obviously C-USA won't be paying us and I think we've been told by those "in the know" here that we won't get paid by the Sun Belt in 2022-23. That means for the 3 schools, it's an additional loss of $1.75m. For C-USA, we don't know if they gain or lose on it, since we don't know if their TV partners will/have renegotiated what they'll pay for the reduced inventory of games.

That was money we weren't going to be getting regardless.

IF we'd stayed in CUSA:

No distribution this year (21-22) or next year (22-23).


Since we popped smoke:

No distribution this year (21-22).
Paid next year's distribution ($1.5 million)
Penalty for leaving early ($250k)
No distribution from SBC until 23-24.
Cost savings from swapping is upwards of over half a million.

Rumor is we had the money on hand to pay out and we wouldn't do this if it wasn't fiscally smart.

Now.. there was a chirp I heard that maybe ESPN was going to throw some coin if we could pull it off, but that was mostly fodder in my opinion.

Yes, but not getting the payout next year is 0.00. Paying out is -1.50m (plus the 250k you acknowledge).

Stated above.

Under both CUSA and the Popped smoke.

We don't get distributions from either CUSA or SBC. But we have money to cover these costs... Had we not left we'd spent more than $250k in travel costs alone.

Pretty good deal when the alternative is staying in a dying conference.

That Rice lawyer poster was a piece of work in the multiple discussions on this.

I was personally attacked by him and others on that CUSA board. Never personally attacked anyone on BBS in a decade, not my style. But those last few months were the most toxic I have ever, ever seen. It went way beyond smack. Those guys broke their own board bylaws. Treat others with respect.

All that went out the window once we announced our departure.

I honestly think that Rice poster was affiliated with CUSA or it's legal battles in some way.

(05-03-2022 01:48 PM)GreenDaddy Wrote:  He says the buyout for the SBC3 was $1.75 million and one years worth of revenue. Does this equate to more or less than we expected?

https://www.actionnetwork.com/ncaaf/cinc...ig-12-2023

I think that was within what the SBC3 were expecting to pay.