ABOUT THAT MONEY...
- By dcut03
- Rebel Football
- 104 Replies
Again if you look at all of the conference realignment, SMU is an outlier.There was no reduction at all for SMU. It was a 100% negotiated deal, as per the AAC bylaws. They didn't meet the 27 month notice, which would require a $10 million buyout. They settled for paying $24 million
They also agreed to join a conference with zero media revenue.
SO hard to use them as an example.
Every other exit fee was agreed upon and "in their by laws" yet, no one outside of SMU paid the full amount. Though I thought I saw somewhere they did technically knock off about 5 million.
I don't know the specifics or the law with these things, I just know that the norm is that these things get negotiated down, and it is usually 50-60%,
'What reagan said about having them pay up front in a lump sum vs over time as it is laid out in the contract makes sense to me too.