Maryland got out for $32M instead of $52M. So it still cost a lot.

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Jul 25, 2021
10:50:24pm

Turnpike Lane Monday Morning Quarterback

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Turnpike Lane

Previous username: lawboy
Bio page: Turnpike Lane
Joined: Dec 14, 2004
Last login: Oct 15, 2023
Total posts: 124,282 (29,256 FO)

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Messages

Author

Time

Apparently B12 Bylaws require an 18 month notice before a school can withdraw. So from a practical perspective, 2023-24

Turnpike Lane Monday Morning Quarterback

7/25/21 10:34pm

As far as I can see Texas doesn’t really care about the Big XII bylaws

A Drew Aitch

7/25/21 10:39pm

I think their lawyers know they’d lose. Others already have tried to sue and get out and lost.

Turnpike Lane

7/25/21 10:40pm

RE: As far as I can see Texas doesn’t really care about the Big XII bylaws

Samurai Jack

7/25/21 11:15pm

If the SEC takes them, they pay the GOR amount without issue.

hebercreeper

7/25/21 10:42pm

Does OU? It’s $70M each. Gotta get that lower.

Turnpike Lane

7/25/21 10:44pm

Yeah, I think its around $76M (2 years of media revenue). One article I read

hebercreeper

7/25/21 10:47pm

Every team that's been contractually obligated to a conference has gotten out

HairyCougar

7/25/21 10:48pm

Maryland got out for $32M instead of $52M. So it still cost a lot.

Turnpike Lane

7/25/21 10:50pm

The lesson here: OU won't pay anywhere near $76m to get out

HairyCougar

7/25/21 10:53pm

Texas will join at the earliest date allowed by the SEC. They’ll let the lawyers

rivercitycoug

7/25/21 10:50pm

Great....so instead of 4th place in the Big 12....

WJCougar

7/25/21 10:56pm

It’s easy owing money to a nonexistent conference

Pagan69

7/25/21 10:55pm

That's a good point. If the conference implodes, even better for them.

hebercreeper

7/25/21 11:00pm

The purpose of the 18 month notice is so they can take their share for payment

Bobmarleyjr

7/25/21 11:52pm

Everything´s negotiable.

Sooner Cougar

7/26/21 1:29am

As long as both sides agree to negotiate.

Everyman

7/26/21 6:11am

Sorry, but only takes one side to force a negotiation.

Sooner Cougar

7/26/21 7:39am

Wrong category!

cambo

7/26/21 8:10am

BYU also needs to give 18 months notice under its cancellation provision if we

Doogal McCougar

7/26/21 8:17am

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