It is a huge risk, but we use that money to pay coaches and for NIL for bball and fball. Keep the winning going and get into a conference with just us and Georgia.
This was pretty much what I have been getting at also. The MWC is currently in a media deal, and UNLV will continue to make around $5-6 million per year for the next 2 years, as they typically do. Then, in 2 years, when those other schools leave, UNLV would get their cut from the $85 from the schools that are leaving.
On top of that is this poaching penalty stuff that the PAC is suing the MWC over. The fee is $10 million per school, plus $500,000 extra for each one after the first.
So 10, then 10.5, then 11, etc. If that's correct, with the 5 schools leaving would now be a fee of $55 million. That 55 million is supposed to be paid within 30 days of making an announcement. So per contract, the MWC should have that money in the next month.
I don't know how the MWC spends that money, or what the stipulations are for dispersing it though. Does it go directly into the hands of the remaining schools? I doubt it. But either way, the MWC 'should' be in line to receive $140,000,000 within the next 2 years. That's a lot of money.
In my ideal world, we would stay in the conference for at least 2 years, while it's still the same schools. In that time, be working towards getting into either the PAC, the AAC, or the Big12. In the meantime, the MWC will be trying to get a new media deal negotiated, which I would assume would much smaller than the current one. If that's the case, the cost to leave the conference should go down significantly also.
But a lot of my thoughts on this are just speculation because we don't know the terms of any of this stuff.
1. What offer is the PAC making to UNLV?
2. How much is the MWC offering UNLV to stay?
3. If we stay, what are the terms for distributing the $140 million over the next 2 years?