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#1 2018-01-03 12:40:59 - CUSA exit fees

AndreWhere (1252)
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From: Decatur, GA
Registered: 2017-08-24
Posts: 8,746

CUSA exit fees

Did we ever figure out what happened to them? I've heard all sorts of things. Were the fees...

1. Paid as expected and spent by the remaining schools?

2. Put into a trust for the future good of the conference?

3. Declined  by the schools owed them?

4. Not an issue, because the CUSA media contract didn't drop in value during the relevant timeframe?

5. Something else?


Bring back Reed V. "Pie" TurkPalmer Eustachy.

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#2 2018-01-03 13:05:14 - CUSA exit fees

Nugget's Ghostbuster (1627)
Member
From: U.S. Department of Interior
Registered: 2017-08-25
Posts: 5,767

Re: CUSA exit fees

When C-USA commissioner Judy MacLeod had an informal chat with media members during the recent Conference USA Football Kickoff event in Irving, Texas, she reportedly commented that the exit fee would be two year's worth of revenue.
C-USA is projected to have $53,757,000 in revenue for 2017.

That includes $20.5 million in revenue-sharing from C-USA, including NCAA basketball tournament revenue. Then, there's $16.1 million from the College Football Playoff; $14,257,000 in bowl and college football playoff revenue; and $2.9 million from C-USA to help member schools fund the full cost-of-attendance stipends.

Based on 14 schools, that calculates to $3,838,785 revenue per school.

But as C-USA officials pointed out that includes about $1 million in revenue per school distributed by the NCAA. The schools still would get that regardless, since the NCAA merely passes the $1 million per school through the conferences for distribution.

So, let's deduct the $1 million for a revenue figure of $2,838,785.

Now, double that amount and it comes to $5,677,570.

Don’t know what happened to the cash from the first wave of exit fees but this is where we stand today if anyone bolts.

Last edited by Nugget's Ghostbuster (2018-01-03 13:07:34)


"There was a great deal of character on that field today. They are for real, no doubt about it. This was no fluke." - Coach Paul "Bear" Bryant

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#3 2018-01-03 13:23:36 - CUSA exit fees

AndreWhere (1252)
Member
From: Decatur, GA
Registered: 2017-08-24
Posts: 8,746

Re: CUSA exit fees

I don't think anyone else is leaving. The AAC / Big East has scraped the bottom of the barrel twice, and only the dregs remain.


Bring back Reed V. "Pie" TurkPalmer Eustachy.

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#4 2018-01-03 13:47:49 - CUSA exit fees

Nugget's Ghostbuster (1627)
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From: U.S. Department of Interior
Registered: 2017-08-25
Posts: 5,767

Re: CUSA exit fees

Rice is appealing to the MWC and is probably talking to them on a regular basis


"There was a great deal of character on that field today. They are for real, no doubt about it. This was no fluke." - Coach Paul "Bear" Bryant

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#5 2018-01-03 13:50:00 - CUSA exit fees

AndreWhere (1252)
Member
From: Decatur, GA
Registered: 2017-08-24
Posts: 8,746

Re: CUSA exit fees

Nugget's Ghostbuster wrote:

Rice is appealing to the MWC and is probably talking to them on a regular basis

Yeah, I can see Rice and maybe even UTEP going to the MWC.

Must be nice having a light at the end of the tunnel.


Bring back Reed V. "Pie" TurkPalmer Eustachy.

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#6 2018-01-03 15:43:16 - CUSA exit fees

99beers (303)
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From: Uranus
Registered: 2017-08-25
Posts: 1,365

Re: CUSA exit fees

Go back as far as ul and cinci.   No one paid.


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#7 2018-01-03 16:52:18 - CUSA exit fees

Nugget's Ghostbuster (1627)
Member
From: U.S. Department of Interior
Registered: 2017-08-25
Posts: 5,767

Re: CUSA exit fees

99beers wrote:

No one paid.

aw5xYi.gif


"There was a great deal of character on that field today. They are for real, no doubt about it. This was no fluke." - Coach Paul "Bear" Bryant

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#8 2018-01-03 19:30:48 - CUSA exit fees

AndreWhere (1252)
Member
From: Decatur, GA
Registered: 2017-08-24
Posts: 8,746

Re: CUSA exit fees

99beers wrote:

Go back as far as ul and cinci.   No one paid.

I believe this to be true. The policy was probably something like "teams leaving CUSA only have to pay exit fees to the extent that conference media revenue goes down within N years as a result of their exit," with "N" equal to a number that's less than the duration of the CUSA media contract.

That's a policy that amounts to a "$0 exit fee" policy.

What can we say about a conference with no exit fee? Well, it's not a legitimate league in the sense that the SEC, ACC, etc. are legitimate leagues. It's a marriage of convenience at best.

Hanging up banners or otherwise building an identity around a marriage of convenience is stupid. I didn't analyze the CUSA contract terms in depth in 1995, but my gut told me this.

At its core, CUSA has always been fundamentally phony.

It seems like the current iteration of CUSA does (?) have a real exit fee. That would tend to imply that the teams currently in CUSA are our actual peers.

They are not worthy of us, and offer nothing to our fans, and that's why USM should never join a conference.


Bring back Reed V. "Pie" TurkPalmer Eustachy.

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#9 2018-01-03 20:00:48 - CUSA exit fees

stinkfist (764)
Member
Registered: 2017-08-29
Posts: 3,533

Re: CUSA exit fees

99beers wrote:

Go back as far as ul and cinci.   No one paid.

4f5b4ca2-e81e-4ed7-bca3-a42fe069b27f_1.e7e2cc40b1eb5e46ff6beef9d23d61ea.jpeg?odnHeight=450&odnWidth=450&odnBg=FFFFFF


95368035975122i7o8%5B1%5D.jpg493758851198d75b9e7118c23f42f2ad02c1efee979.gif

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#10 2018-01-03 20:17:22 - CUSA exit fees

USMstang (303)
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From: 7 miles North of Cat Island
Registered: 2017-08-25
Posts: 1,048

Re: CUSA exit fees

The conference will go belly-up soon enough and if anyone deserves not to pay one damn penny, it would be USM.  I have zero faith that Flamingo Boy would agree, I'm sure he would pledge extra money we don't have because he doesn't have a GD clue amount shit!


Still sleeping with a Dixie Darling!

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#11 2018-01-03 20:20:22 - CUSA exit fees

beagle (173)
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From: Cloverleaf Mall parking lot
Registered: 2017-08-25
Posts: 1,260

Re: CUSA exit fees

USMstang wrote:

The conference will go belly-up soon enough and if anyone deserves not to pay one damn penny, it would be USM.  I have zero faith that Flamingo Boy would agree, I'm sure he would pledge extra money we don't have because he doesn't have a GD clue amount shit!

I thought charter members would not have to pay. That would be USM and UAB.


"We played 12 SEC games when I was here, and 14 of those were on the road!"

- PW Underwood (RIP)

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