Contracts are often cancelled with a penalty when one party determines it's

Jan 26, 2016
7:37:33pm

ptcougr Starter

no longer advantageous. Sometimes a lawsuit results, often the penalty is spelled out in the contract, more often the penalty is negotiated.

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ptcougr

Bio page: ptcougr
Joined: Aug 21, 2003
Last login: Nov 23, 2024
Total posts: 5,417 (172 FO)

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Messages

Author

Time

Boren's reasoning has convinced Bowlsby! GREAT NEWS FOLKS! Taking aim at Texas!

BamaCoug

1/26/16 4:47pm

Except we have one sports guy after another that says....

RaggaeCoug

1/26/16 4:50pm

That $32 million from the SEC is the entire conference payout for all their

FrankenCoug

1/26/16 4:52pm

This is correct, although it's probably fair to say that at least some members

al3124

1/26/16 4:54pm

I'm sure everyone but Texas does envy the SEC.

FrankenCoug

1/26/16 4:55pm

For how long? LHN is dying

byukarl

1/26/16 5:00pm

They'd still be on hook for the $$$ to Texas though.

Turnpike Lane

1/26/16 5:04pm

I believe theyre locked in for like 10 years

I'mBatman

1/26/16 5:04pm

contract signed in 2011. 20 year contract.

Lance71

1/26/16 5:05pm

Yup, ESPN may be on the hook financially, but how much - on top of the $15M -

TrueBlue67

1/26/16 5:26pm

Just because the LHN is losing money doesn't mean it's losing $25mil per year

Schultz is back

1/26/16 9:06pm

Contracts are often cancelled with a penalty when one party determines it's

ptcougr

1/26/16 7:37pm

ESPN said they will turn a profit in FY 2016.

Everyman

1/26/16 5:28pm

Direct TV deal is what made LHN finally profitable for ESPN in 2016.

Daedalus17

1/26/16 10:18pm

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