UNLV NIL
- Rebel Football
- 34 Replies
It's been reported that there is one mediator and two different rooms separating the negotiations. The mediator is actually going back and forth between rooms when needed. Apparently they are keeping the two items (law suit issues) apart. That's all fine and dandy I just want our money.A couple of things, technically the PAC "owes" 55 million, the exiting schools "owe" the rest. We don't know how much the PAC is helping for the traitorous 5.
Lumping poaching fees and exit fees into 1 negotiation isn't great for the MW. I don't think it the PAC would just offer half for all of them. They are going to argue that the MW is trying to double dip. So the first mediation will likely be the the if the poaching fees are valid/fair at all. That will likely be handled first. After that is cleared up, I think the exit fees will get negotiated like they always do, likely using recent precedent at what a "fair" amount truly is. It is also very possible that whatever is settle with poaching fees could still influence the decision on where the exit fees are settled at. If the "double dipping" argument gets any traction. This again is where a combined mediation could hurt the MW.
If they were decided to the mediated separately, I think the MW would essentially get more out of it, though more expensive with legal fees.
There is no way that UNLV would pay 20-30 in legal and exit fees. I think that the exit fees would start at 7-11 million, and could be less with the poaching fees possibly influencing where the exit fees end up. Again this is purely off recent precedent. AAC's exiting 4 for being the closest comp.
Given the PAC's desperation, I think they easily offer to pay UNLV's fees outright, it may end up being very little more than what they offered previously. Especially if they get a big reduction in poaching fees.
Yes UNLV, would have legal fees for their own negotiation, though that could be very easy because these mediations will give the most valid precedent. The har part is getting out of the GOR. Which is why I thought signing it when we did was a mistake. That probably would be the biggest hurdle at this point, and may just end the whole idea. But at least it seems like the PAC has not given up on UNLV. So who knows.
Just pointing out that both the poaching and exit fees mediations are going on simultaneously.