Haha, did the 10 members that are leaving really think they weren't gong to be consequences to leaving Wash St and Ore St behind? The leavers should just accept their exit fee and shut up.

(12-12-2023 11:24 AM)ArmoredUpKnight Wrote:  

Good for them!

Screw the departing 10. They should get nothing.

I mean they're also witholding it from themselves, the conference isn't distributing money to any of their members right now. It's also just a 'traditional' payout, not something spoken on in the bylaws.

Thing is they are guaranteed to get it eventually. The others are not

(12-12-2023 11:43 AM)Blue_Trombone Wrote:  I mean they're also witholding it from themselves, the conference isn't distributing money to any of their members right now. It's also just a 'traditional' payout, not something spoken on in the bylaws.

50 years of precedent is in the departing teams favor.

(12-12-2023 11:43 AM)Blue_Trombone Wrote:  I mean they're also witholding it from themselves, the conference isn't distributing money to any of their members right now. It's also just a 'traditional' payout, not something spoken on in the bylaws.

Right. And given the severity of the lawsuits, its not that unreasonable. It should really come out of any reserves first. That is why they are there. I've seen discussion by conferences about withholding on distributions for lawsuits. Then its a fair question how much comes out of current and how much out of future NCAA distributions. Most of this should be easy.

Current media to all 12
Comcast liability to all 12
Holiday Bowl, executive, player lawsuits to all 12

Future NCAA distributions to the 2
Pac 12 name to the 2
Residual assets like furniture & fixtures to the 2
Residual liabilities like leases to the 2

Other current revenue probably to all 12
Pac 12 network assets probably to the 2

The question are reserves and any lawsuit liabilities in excess of or less than reserves. And if they are in excess how much comes out of current and how much out of future revenues as those future revenues are already earned, just not distributed. If the conference held together and lost the lawsuit and declared bankruptcy, those future NCAA distributions would be obtainable by the plaintiffs. Those are simply long term assets.

College sports have a ton of terribly created legal documents and back room handshake deals that wsu and OSU will probably end up with 9 figures of extra money out of this whole pac 12 debacle.

Especially hilarious since cal will probably never see that from the ACC in total.

Find them a P5 home and this all goes away LOL

Good for them.

(12-12-2023 12:00 PM)ArmoredUpKnight Wrote:  

(12-12-2023 11:43 AM)Blue_Trombone Wrote:  I mean they're also witholding it from themselves, the conference isn't distributing money to any of their members right now. It's also just a 'traditional' payout, not something spoken on in the bylaws.

50 years of precedent is in the departing teams favor.

Isn't it just sad how so many old traditions seem to be dying these days? Eh, c'est la vie

(12-12-2023 12:44 PM)solohawks Wrote:  Find them a P5 home and this all goes away LOL

Are you suggesting the MWC should be declared the fifth power conference?

Nope I'm suggesting the opposite. Their current fate is kicked out of P5. Why should they play ball with anyone

This is the "I quit but I still want my annual salary" argument.

(12-12-2023 02:05 PM)solohawks Wrote:  Nope I'm suggesting the opposite. Their current fate is kicked out of P5. Why should they play ball with anyone

They're kicked out of P5 when it's time for playoff access, TV money and, in a couple of years, CFP money. But they're still (as the PAC-12) P5 when it's lawsuit time.

(12-12-2023 02:13 PM)johnbragg Wrote:  

(12-12-2023 02:05 PM)solohawks Wrote:  Nope I'm suggesting the opposite. Their current fate is kicked out of P5. Why should they play ball with anyone

They're kicked out of P5 when it's time for playoff access, TV money and, in a couple of years, CFP money. But they're still (as the PAC-12) P5 when it's lawsuit time.

For now....they may deem it more worthwhile to shut down the PAC once the 2 years is up to avoid such lawsuits.

I think this is going to force the 10 to dissolve the Pac-12 (LLC) in California in order to get their money. Look for them to do that after the last 2023-24 payment from the NCAA in late Spring.

(12-12-2023 02:05 PM)solohawks Wrote:  Nope I'm suggesting the opposite. Their current fate is kicked out of P5. Why should they play ball with anyone

Because they might want their vote later?

I think Washington St. is done for the power conferences, but Oregon St. is a big enough school they could get back up.

(12-12-2023 02:13 PM)DFW HOYA Wrote:  This is the "I quit but I still want my annual salary" argument.

If I put in my 2 week notice, I expect to be paid for the 2 weeks I worked.

(12-12-2023 03:51 PM)ArmoredUpKnight Wrote:  

(12-12-2023 02:13 PM)DFW HOYA Wrote:  This is the "I quit but I still want my annual salary" argument.

If I put in my 2 week notice, I expect to be paid for the 2 weeks I worked.

Would you expect to get your christmas bonus?