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Boise St is staying in the MWC

Posted: 12/31/2012 2:49 PM

Boise St is staying in the MWC 


Per McMurphy on twitter

@McMurphyESPN: Boise State remaining in MWC & will not join Big East in 2013, sources told @espn
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Posted: 12/31/2012 2:51 PM

Re: Boise St is staying in the MWC 


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Posted: 12/31/2012 2:57 PM

Re: Boise St is staying in the MWC 


UC can pay for the Nippert expansion by collecting the exit fees from all the departures . $120 million this year, Pitt, Syracuse, Rutgers, Louisville, C7, Boise. Plus $20 million from WVU and $5 million from TCU brings total to $145 million. $48.33 million each for UC, UConn, and USF.
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Posted: 12/31/2012 3:08 PM

Re: Boise St is staying in the MWC 



ronbcat wrote: UC can pay for the Nippert expansion by collecting the exit fees from all the departures . $120 million this year, Pitt, Syracuse, Rutgers, Louisville, C7, Boise. Plus $20 million from WVU and $5 million from TCU brings total to $145 million. $48.33 million each for UC, UConn, and USF.

I'm not sure how the basketball schools factor in now that they are leaving. Do they basically forfeit all that cash now that they have declared?
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Posted: 12/31/2012 3:11 PM

Re: Boise St is staying in the MWC 


I was looking forward to that home game.  Looks like UC needs another last minute replacement banghead
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Posted: 12/31/2012 3:13 PM

Re: Boise St is staying in the MWC 


The Catholic Schools have to pay $10 million each to leave, 7 x $10 million = $70 million from the Catholic schools.

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--- jonsmith wrote:


ronbcat wrote: UC can pay for the Nippert expansion by collecting the exit fees from all the departures . $120 million this year, Pitt, Syracuse, Rutgers, Louisville, C7, Boise. Plus $20 million from WVU and $5 million from TCU brings total to $145 million. $48.33 million each for UC, UConn, and USF.

I'm not sure how the basketball schools factor in now that they are leaving. Do they basically forfeit all that cash now that they have declared?

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Posted: 12/31/2012 3:32 PM

RE: Boise St is staying in the MWC 


Hard to fault Boise. MWC is letting them shop their home conference games seperate from the Conference TV deal.
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Posted: 12/31/2012 3:36 PM

Re: Boise St is staying in the MWC 




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--- jerjharris wrote:

I was looking forward to that home game.  Looks like UC needs another last minute replacement banghead

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Texas Tech?
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Posted: 12/31/2012 4:16 PM

Re: Boise St is staying in the MWC 



ronbcat wrote: The Catholic Schools have to pay $10 million each to leave, 7 x $10 million = $70 million from the Catholic schools.



No, they don't. They can leave free per their contract with the BE.
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Posted: 12/31/2012 4:21 PM

Re: Boise St is staying in the MWC 


Looks like SDSU, Houston and SMU may be looking to get out too.
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Posted: 12/31/2012 4:43 PM

RE: Boise St is staying in the MWC Post Rating (1 vote)


Seriously, who can blame them? Geographically it makes no sense and would beat those kids down travelling. I wouldn't mind a fishing trip to Boise.
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Posted: 12/31/2012 4:54 PM

Re: Boise St is staying in the MWC 


Saw this Coming.....ESPN wanted to "Kill the Big East"...and they have....cool
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Posted: 12/31/2012 5:06 PM

Re: Boise St is staying in the MWC 



Why would they want to kill the BE? It's not like they have to compete with a BTN like entity. I would uses that most ESPN trash are from BE schools anyways.
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--- brell wrote:

Saw this Coming.....ESPN wanted to "Kill the Big East"...and they have....cool

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Posted: 12/31/2012 5:35 PM

Re: Boise St is staying in the MWC 


Better than Northwestern State, but if they don't join next year, our schedule is screwed again.

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--- Teakwood wrote:



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--- jerjharris wrote:

I was looking forward to that home game.  Looks like UC needs another last minute replacement banghead

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Texas Tech?

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Posted: 12/31/2012 8:00 PM

Re: Boise St is staying in the MWC 



They have to stay in the Big East until June 30, 2015 to leave without paying the $10 million each.


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--- Azbeartime wrote:


ronbcat wrote: The Catholic Schools have to pay $10 million each to leave, 7 x $10 million = $70 million from the Catholic schools.



No, they don't. They can leave free per their contract with the BE.


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Posted: 12/31/2012 10:57 PM

Re: Boise St is staying in the MWC 




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--- ronbcat wrote:


They have to stay in the Big East until June 30, 2015 to leave without paying the $10 million each.


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--- Azbeartime wrote:


ronbcat wrote: The Catholic Schools have to pay $10 million each to leave, 7 x $10 million = $70 million from the Catholic schools.



No, they don't. They can leave free per their contract with the BE.


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That's correct. Same as if the football schools left the hoops school togeather. If you leave as a group you owe nothing.

I hope you guys get in a good Confrence. I always loved playing Cincy.
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Posted: 1/1/2013 10:57 AM

Re: Boise St is staying in the MWC 



ronbcat wrote: UC can pay for the Nippert expansion by collecting the exit fees from all the departures . $120 million this year, Pitt, Syracuse, Rutgers, Louisville, C7, Boise. Plus $20 million from WVU and $5 million from TCU brings total to $145 million. $48.33 million each for UC, UConn, and USF.


There is a Big East bylaw that states the Basketball schools can leave the conference as a group and pay no exit fees,  AND they get to keep their NCAA credits.

So far the exit fees are:
Pitt      $7.5
Cuse    $7.5
TCU     $5
WVU    $15
Rutgers $10
Lville    $10

Total $55 million

Notre Dame doesnt owe an exit fee if they stay the 27 months, but I expect them to work something out.

The question that hasnt been answered is if the Bball teams have any claim to the exit fees at all. Some say yes. If so, your looking at a low of $5.5 million and a high of about $20 million (assuming ND pays about $5 to leave early)

Splitting of the NCAA credits will become an issue. What I would do is "sell" the Big East name and Madison Square garden to the Bball schools (MSG has an "out" clause with membership change and I doubt they want to stay with us after losing most of the premier teams)
I hope we let the BBall schools leave in 2013, give them the name and the tourney...in exchange they can take their NCAA credits and Notre Dames, but we keep all other credits. Also, we take 50% of the exit fees (which is about $10 million a piece for the final 3 BE teams)

This arrangement allows us "last 3" to spend money to grow our facilities and hopefully help us attract other conferences...but also with the NCAA credits makes our conference attractive to incoming members...since it will pay out about $3.5 million a year.

Last edited 1/1/2013 10:59 AM by mtmedlin

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Posted: 1/1/2013 11:28 AM

Re: Boise St is staying in the MWC 



That bylaw states they can leave without paying exit fees if they give 2 1/2 years notice. To leave before June 30, 2015 each will have to pay $10 million. Do they want to wait to start their new league until the 2015-2016 basketball season? If you are UC, UCONN, USF why would you want to negotiate the $10 million fee to leave before June 30, 2015 downward?



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--- mtmedlin wrote:


ronbcat wrote: UC can pay for the Nippert expansion by collecting the exit fees from all the departures . $120 million this year, Pitt, Syracuse, Rutgers, Louisville, C7, Boise. Plus $20 million from WVU and $5 million from TCU brings total to $145 million. $48.33 million each for UC, UConn, and USF.


There is a Big East bylaw that states the Basketball schools can leave the conference as a group and pay no exit fees,  AND they get to keep their NCAA credits.

So far the exit fees are:
Pitt      $7.5
Cuse    $7.5
TCU     $5
WVU    $15
Rutgers $10
Lville    $10

Total $55 million

Notre Dame doesnt owe an exit fee if they stay the 27 months, but I expect them to work something out.

The question that hasnt been answered is if the Bball teams have any claim to the exit fees at all. Some say yes. If so, your looking at a low of $5.5 million and a high of about $20 million (assuming ND pays about $5 to leave early)

Splitting of the NCAA credits will become an issue. What I would do is "sell" the Big East name and Madison Square garden to the Bball schools (MSG has an "out" clause with membership change and I doubt they want to stay with us after losing most of the premier teams)
I hope we let the BBall schools leave in 2013, give them the name and the tourney...in exchange they can take their NCAA credits and Notre Dames, but we keep all other credits. Also, we take 50% of the exit fees (which is about $10 million a piece for the final 3 BE teams)

This arrangement allows us "last 3" to spend money to grow our facilities and hopefully help us attract other conferences...but also with the NCAA credits makes our conference attractive to incoming members...since it will pay out about $3.5 million a year.

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Posted: 1/1/2013 11:42 AM

Re: Boise St is staying in the MWC 



ronbcat wrote:
That bylaw states they can leave without paying exit fees if they give 2 1/2 years notice. To leave before June 30, 2015 each will have to pay $10 million. Do they want to wait to start their new league until the 2015-2016 basketball season? If you are UC, UCONN, USF why would you want to negotiate the $10 million fee to leave before June 30, 2015 downward?




Because of multiple factors. There is no TV contract for next year and probably wont be if we dont work something out...theres also the legal costs.
WVU was dead wrong in the way they left but their ability to sue was costly enough that we settled...now try to take on 7 schools. They will sue, and they will cost us a TON of money. Do you really want to waste all the exit fees on a law suite?

The best move is to let them leave, take the Name and the tourney and in turn we take as much of the Exit fees and NCAA credits as possible. Simple fact is, Cinci and USF need to work together and do what is best for us and not worry about the others. We both need as much money right now as possible... more money later isnt worth the risk.

If we can get say...$45 million of the exit fee and each of the remaining three takes $15 million, then that helps situate each of us for a move up into a better conference. At some point the ACC will lose teams...I dont see the B10 or SEC not moving to 16, so thats 4 slots open....we need money NOW in order to build, attract better recruits, win and move to our new conference.

Also, we need to keep all the NCAA credits so that we have a decent income. Our new TV contract is going to suck but witht the credits that are in place, we can still be looking at $3.5 million a year alone...add in a sucky contract and we can still make a total income of $8 million or so....not alot but keeps us alive.

Money and credits are our goal...let them go now so we dont have to share later. If they dont leave until later we run the risk of having to split those exit fees with new members in June 2013....I dont want any of the new guys getting any of the cash we deserve.

there is no upside to making the C7 stay. No major network is going to give us a 1 or 2 year contract and if they do, it wont be worth much. Its better to cut bait and start over. Put together what will be our conference and move forward.


This is a race...2015 is a critical year. The SEC is close to announcing their TV network but it wont be up for a year or more....so 2014 at earliest. In 2015 the B10 starts negotiations on their 1st tier tv contract. That will be the year they must expand in order to maximize their contract and network value....and thats the year that USF and Cinci must be prepared to move.

Cinci needs cash for the new stadium and USF is doing fundraising for a $15-$18 million Indoor practice facility....both of those make us more attractive to athletes and conferences... as I said, we need cash now and making them stay does nothing for us (and when I say us, I mean Cinci and USF...not the new Big East or whatever our name will be...its time for us to be selfish and get what we can immediately in order to prepare for the future)

Last edited 1/1/2013 11:46 AM by mtmedlin

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Posted: 1/1/2013 1:08 PM

Re: Boise St is staying in the MWC 



West Virginia tried the lawsuit route, instead of waiting 27 months and paying $10 million they left early and paid $20 million. If the C7 wants to leave early they pay $10 million each and get nothing, The remaining schools keep the Big East name, Madison Square Garden, and all else, no reason for UC, UConn, or USF to give an inch.





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--- mtmedlin wrote:


ronbcat wrote:
That bylaw states they can leave without paying exit fees if they give 2 1/2 years notice. To leave before June 30, 2015 each will have to pay $10 million. Do they want to wait to start their new league until the 2015-2016 basketball season? If you are UC, UCONN, USF why would you want to negotiate the $10 million fee to leave before June 30, 2015 downward?




Because of multiple factors. There is no TV contract for next year and probably wont be if we dont work something out...theres also the legal costs.
WVU was dead wrong in the way they left but their ability to sue was costly enough that we settled...now try to take on 7 schools. They will sue, and they will cost us a TON of money. Do you really want to waste all the exit fees on a law suite?

The best move is to let them leave, take the Name and the tourney and in turn we take as much of the Exit fees and NCAA credits as possible. Simple fact is, Cinci and USF need to work together and do what is best for us and not worry about the others. We both need as much money right now as possible... more money later isnt worth the risk.

If we can get say...$45 million of the exit fee and each of the remaining three takes $15 million, then that helps situate each of us for a move up into a better conference. At some point the ACC will lose teams...I dont see the B10 or SEC not moving to 16, so thats 4 slots open....we need money NOW in order to build, attract better recruits, win and move to our new conference.

Also, we need to keep all the NCAA credits so that we have a decent income. Our new TV contract is going to suck but witht the credits that are in place, we can still be looking at $3.5 million a year alone...add in a sucky contract and we can still make a total income of $8 million or so....not alot but keeps us alive.

Money and credits are our goal...let them go now so we dont have to share later. If they dont leave until later we run the risk of having to split those exit fees with new members in June 2013....I dont want any of the new guys getting any of the cash we deserve.

there is no upside to making the C7 stay. No major network is going to give us a 1 or 2 year contract and if they do, it wont be worth much. Its better to cut bait and start over. Put together what will be our conference and move forward.


This is a race...2015 is a critical year. The SEC is close to announcing their TV network but it wont be up for a year or more....so 2014 at earliest. In 2015 the B10 starts negotiations on their 1st tier tv contract. That will be the year they must expand in order to maximize their contract and network value....and thats the year that USF and Cinci must be prepared to move.

Cinci needs cash for the new stadium and USF is doing fundraising for a $15-$18 million Indoor practice facility....both of those make us more attractive to athletes and conferences... as I said, we need cash now and making them stay does nothing for us (and when I say us, I mean Cinci and USF...not the new Big East or whatever our name will be...its time for us to be selfish and get what we can immediately in order to prepare for the future)



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