Sorry if this was posted already, some links I can't see from my work computer.
The Mountain West and Pac-12, along with Boise State, Colorado State and Utah State, have agreed to enter mediation in hopes of settling ongoing lawsuits related to school exit fees and a poaching penalty included in a football scheduling agreement.
www.espn.com
This could be somewhat telling. The MW initiated this, meaning that they do not want to wait out for the courts. The longer they wait out, the longer it takes for us to get paid. They also may be afraid that all of the fees get thrown out.
Which means you can pretty much count on the poaching fees getting settled down to a reduced number. This number is almost directly related to the "lump sum" we were promised. So basically take 24.5% of the settlement and that is our lump sum.
After that, then it is just a mere 1.8 mil max above the base media deal for 6 years. Those numbers were based off of exit fees. We can still get the 1.8 even if the exit fees are negotiated down. However that the unknown number is the cost of the new acquisitions and legal fees. Those cut into our share as well. Because of that I think the 1.8 mil is unlikely. 1.5? Maybe.
Really this mediation on the poaching fees are pretty big. If those fees get cut in half, that won't hurt that much. But that will still hurt, 5-7 mill lump sum does not hit the same way that 10-14 did. Anything less than that, I think it would be hard to argue trying to get out and joining the PAC is the way to go.
If that is the case, how difficult would it be to get out of this recently signed GOR.
What a mess!