Blog Entry

Report: Big East voting on exit fees Friday

Posted on: October 14, 2011 10:33 am
Edited on: October 14, 2011 10:40 am
 
Posted by Chip Patterson

As the Big East pursues a conference model that includes 12 football-playing schools, one obstacle that seems to be holding up the process is the league's exit fees. With an unknown future, the six remaining football schools have been noncommittal towards increasing the exit fees, which would make it more difficult to leave. At the same time, potential Big East targets such as Navy and Boise State would like to see some more commitment from the conference before joining.

According to a Sporting News report the conference has scheduled a call on Friday that would include a vote on "dramatically increasing the exit fee for universities wishing to leave for other conferences."
A source close to the league told Sporting News the meeting will ask schools to approve a change in the league bylaws that would require a school to pay three times its annual share of league television revenue in order to depart.

Under the league’s current deal, that would raise the buyout to between $15-17 million. If the league were able to gain a TV contract even close to the one it recently declined from ESPN -- $1.4 billion over 9 years – that escape clause would become even more substantial.
The report also includes a detail that Louisville may decline to participate in the call. The Cardinals have been the most realistic defector of the remaining six, as they have targeted as a potential replacement for MIssouri should the Tigers leave the Big 12. Louisville's vote is not needed to issue a change in the withdrawal fees, Big East bylaws require just a 75 percent vote for approval.

Until the exit fees are raised, it will be near impossible to convince other schools to join arguably the most volatile conference in FBS play. However, the addition of the service academies would be a big step forward towards securing the league's future. Once you get the service academies you can start working towards bringing in programs that would help maintain the Big East's status as a BCS automatic qualifier.

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Comments

Since: Oct 17, 2011
Posted on: October 17, 2011 1:03 pm
 

Report: Big East voting on exit fees Friday

Here's a crazy idea, that doesn't sound so crazy once you look it over...

With all the craziness going on this year, how crazy would it be if Columbia…..yes, Columbia, pulled out of the Ivy League and went to….say…the Big East???!!!

 

      
;     &nbs
p;    Yes, I know Columbia can’t even win in the Ivy league, but the school has never tapped into the football waters before, but if it went big, I mean really big, Columbia could do so, with not as much effort as you might think.

1)      Its in the heart of NYC. – Imagine, gentlemen of the school board, 8 million people wearing Columbia hats, shirts, logos galore, and a  rise in admission requests like Rutgers got when they got bigger with their program.

2)      Games could be held at either Yankee Stadium (very close), or the Meadowlands…or both, hello 1.2 million Northern NJ folks with hats, etc….

3)      How easy would it be to recruit a kid to come to NYC??? Rutgers uses NYC to entice players from Florida all the time….the recruits might line up

4)      Columbia has the land for state of the art facilities….they have been buying up land for a couple of decades now in upper Manhattan, and a medical school that can experiment on the athletes as part of academic study….

5)      Columbia has the funds to build what is needed, plus a rich alumni who might be persuaded to invest in a huge future.

6)      #1 TV market in the country….Helllloooo!!

There are more reasons, but you get the snapshot…I really think Columbia could become huge and actually play another Rose Bowl again – it would take 5 years of beatings before the investment paid off, but once that train gets rolling….besides, they’re getting beaten now, so what’s the problem?

 

      
;     &nbs
p;    It’s time for a sleeping giant like Columbia to think outside the box, or rather create the box.




Since: Nov 2, 2006
Posted on: October 14, 2011 3:01 pm
 

Report: Big East voting on exit fees Friday

I can predict the result. It will FAIL. UConn, West Virginia, and the other schools that have interest from other conferences aren't stupid to raise the amount they may have to pay.



Since: Jan 1, 2007
Posted on: October 14, 2011 2:23 pm
 

Report: Big East voting on exit fees Friday

If the conference disbands, there is not going to be an exit fee. All members would probably agree at the same time to part ways.



Since: Sep 24, 2006
Posted on: October 14, 2011 2:15 pm
 

Report: Big East voting on exit fees Friday

Question ... once the Big East disbands as a football conference within the next 18 months ... where does that "exit fee" money go? 

  1. To the basketball playing schools?
  2. Equally split among all non-revenue sports? 
  3. Strippers in Vegas?




Since: Jul 9, 2010
Posted on: October 14, 2011 2:10 pm
 

Report: Big East voting on exit fees Friday

WVU needs to fully support the BIG EAST 100%, where else are they going ?



Since: Sep 17, 2007
Posted on: October 14, 2011 1:49 pm
 

Report: Big East voting on exit fees Friday

Catholic schools looking to make more dollars off of the football schools one more time.Instead the dead weight they need to lose in Providence,SH,and Depaul.Some things never change.



Since: Sep 20, 2011
Posted on: October 14, 2011 1:44 pm
 

Report: Big East voting on exit fees Friday

I would hope that the Big East already knows it has the votes to pass this change before the vote takes place.  Because if it doesn't pass, and the world finds out about it, the conference might as well disband right now.



Since: Oct 14, 2011
Posted on: October 14, 2011 12:30 pm
 

Report: Big East voting on exit fees Friday

WVU wasn't mentioned in the article. They are doomed from the get go. Get over it nobody wants WVU.



Since: Feb 14, 2008
Posted on: October 14, 2011 11:51 am
 

Report: Big East voting on exit fees Friday

WVU, L'ville Cinci, Conn would be crazy to vote for an increase to the exit fee.  They are all looking to leave if given an offer from another conference.



Since: Jul 9, 2010
Posted on: October 14, 2011 11:45 am
 

Report: Big East voting on exit fees Friday

You know you guys amaze me in all the BS you make in your comments.  No where in the above article was WVU mentioned, only Louisville.  It would behove ALL the current BIG EAST members to support the football side of the conference right now, or it may go up in smoke sooner than later.  As for Louisville, they be waiting quite awhile for the SEC. Who really knows.  WE do know the BIG EAST football schools need to right their ship fast, like NOW.


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