I've looked at that GOR multiple times. I can't see anything in there where it talks about "smaller yearly chunks". You are right that they did initially announce it that way but the GOR doesn't say it.
This is what the GOR says "the conference will distribute the Exit fees and Withdrawal fees actually collected by the Conference "Collected Fees" as soon as practical in compliance with the Conference ByLaws, beginning no later than July 1, 2026"
I'm beginning to believe that all money collected will be distributed at one time prior to July 1, 2026. There is no provision in the GOR like we were lead to believe that spells out annual payments distributed over 6 years. It all changed in the written and signed GOR.
I'm okay with getting money upfront but what does concern me that we will have any to get past the 2nd Tranche.
1st Tranche needs $61 million Distributed 24.5% (UNLV AF) 11.5% (NM, WYO, SJSU, reno) 5% (Hawaii)
Next they are holding $18 million to recruit new teams
2nd Tranche needs $21 million Distributed 24.5% (UNLV AF) 11.5% (NM, WYO, SJSU, reno) 5% (Hawaii)
That is $100 million. Hard to tell if we are going to get that much but if we do then there are the legal fees that need to be paid. Let's just say it's $1 million.
After that whatever is leftover goes to the 7 members in this distribution Tranche 3:
15.83% (UNLV, AF, NM, WYO, SJSU, reno)
5% Hawaii.