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Texas State....

What if we just say F it and go all in on Texas schools...
Texas State
UTEP
Sam Houston St.
Steven F Austin- basketball only, future option for football membership (currently FCS and not a great FCS program)
Pushes PAc out of Texas entirely unless the pay more money for UTSA and Rice
 
What if we just say F it and go all in on Texas schools...
Texas State
UTEP
Sam Houston St.
Steven F Austin- basketball only, future option for football membership (currently FCS and not a great FCS program)
Pushes PAc out of Texas entirely unless the pay more money for UTSA and Rice

This x 1000
 
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The MWC has some rubles laying around at this point.

I guess my questions would be.. We know there is a lawsuit pending.

PAC owes MWC around 50 million for the 1st four. Somebody posted ( @j. spilotro ) I think that USU had a donor cover some or all of their exit fee? If this is wrong ignore it.

Anyway we know about the 50 million. They aren't arguing that. They are arguing the poaching fees on top of the exit fees.

So whatever the PAC war chest was is 50 million lighter now. They could be on the hook for another 50 million plus.

Does this limit their ability to make offers to other schools with the uncertainty of that additional money? Or are their pockets so deep it doesn't matter?
 
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The MWC has some rubles laying around at this point.
Then there is the actual annual revenue. I would guess it would not be better than what they are getting. What they are getting now is not disclosed.

Also we ( the MW) needs that money to pay UNLV what they agreed to. That money is pretty much spent already.
 
The exit fees from the MWC are approximately $18 mill per school the last I checked. $18 mill x 5 = $90 mill. That's a lot of money! In addition, the PAC could owe the MWC another $50 mill in poaching fees. That's approximately $140 mill. What a mess!

The poaching fee schedule:

Poaching fees based on Pac-12/MWC agreement​

  • First team -- $10 million
  • Second team -- $10.5 million
  • Third team -- $11 million
  • Fourth team -- $11.5 million
  • Fifth team -- $12 million
  • Sixth team -- $12.5 million.

 
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In reply to the title of this thread - Texas State will assuredly bring in a bonanza in the TV viewership arena. You can find them at......#130. 10K average eyeballs. And you mock me about Sacramento State..... :)

 
The exit fees from the MWC are approximately $18 mill per school the last I checked. $18 mill x 5 = $90 mill. That's a lot of money! In addition, the PAC could owe the MWC another $50 mill in poaching fees. That's approximately $140 mill. What a mess!

The poaching fee schedule:

Poaching fees based on Pac-12/MWC agreement​

  • First team -- $10 million
  • Second team -- $10.5 million
  • Third team -- $11 million
  • Fourth team -- $11.5 million
  • Fifth team -- $12 million
  • Sixth team -- $12.5 million.

First off, I think the Pac's lawsuit is baseless and ridiculous. Might the MW negotiate down a bit just avoid legal costs, etc? Sure, maybe. But the Pac's argument is pathetic IMHO.

Second, we have talked about the exit fees. It seems clear that the Pac has offered "to help" with those fees. How much that is we don't know.
 
Here's my understanding how the approximate $140 mill will be disbursed. UNLV and Air Force will receive a signing bonus between $25-30 mill. For sake of example we will assume $25 mill. After Air Force and UNLV are paid, $90 mill is remaining to be divided up by the 6 conference members. That means potentially, each MWC team will receive approximately $15 mill. So UNLV and Air Force total cut could be close to $40 mill! An up and coming top 25 program can do a heck of a lot with a $40 mill windfall!
 
In reply to the title of this thread - Texas State will assuredly bring in a bonanza in the TV viewership arena. You can find them at......#130. 10K average eyeballs. And you mock me about Sacramento State..... :)

I think we all see Sacramento State as the better gamble. But, it's still a gamble and most of the country are going to say WHO/WTF?!

I'd prefer them over Texas State, but a Texas school is still a Texas school. Much better optics.
 
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Here's my understanding how the approximate $140 mill will be disbursed. UNLV and Air Force will receive a signing bonus between $25-30 mill. For sake of example we will assume $25 mill. After Air Force and UNLV are paid, $90 mill is remaining to be divided up by the 6 conference members. That means potentially, each MWC team will receive approximately $15 mill. So UNLV and Air Force total cut could be close to $40 mill! An up and coming top 25 program can do a heck of a lot with a $40 mill windfall!
No one talks about the other big monies. If BSU wins out, they'll never see that CFP money. But, the MWC will. Same goes for any success San Diego State has in the NCAA's or Utah States favored Groping Students team.
 
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Sorry it didn't get down to the 20 people that watched Sac State games last year
Now now. Actual attendance last year was:

13,348/game, #12 in the FCS

Eyeballs on TV sets? No idea. Sac St, did get 178,000 eyeballs in 2022 on ESPN2 against Montana.

 
Guys, right now I am not as concerned about conference affiliation. UNLV has established they can reach the top 25 in the MWC. That won't change if UNLV continues in the MWC. I just care about UNLV! However, the $40 mill can go a long ways in assuring Coach Odom and staff are taken care of right now and UNLV can build the needed indoor practice facility that will put UNLV's football infrastructure on a P4 level and in fact better than most!
 
Guys, right now I am not as concerned about conference affiliation. UNLV has established they can reach the top 25 in the MWC. That won't change if UNLV continues in the MWC. I just care about UNLV! However, the $40 mill can go a long ways in assuring Coach Odom and staff are taken care of right now and UNLV can build the needed indoor practice facility that will put UNLV's football infrastructure on a P4 level and in fact better than most!
40 mil ain't happening. We are getting 25 if we stay in the MW going the distance of the contract. And that second 11 mil will simply supplement our annual revenue and hopefully that gets us to a point where we are close to what we get current.
If we get every last dollar between the poaching and exit fees which would be unprecedented, then the leftovers will likely stay in the MW offices to pay for incoming teams and likely stay is some sort of escrow. They have even said that only 90 mil will be distributed to the teams max.
Remember SMU's 27.5 mil exit fee last year was "negotiated" meaning that it was not full cost.
The 4 that left for the big 12 paid 18 a piece, down from the above 27.5 fee that SMU paid. Industy standard that multiple teams leaving for the same conference gets negotiated down to 50-60%.
Again I do think know why, but i do know that it is the norm. And then there are the poaching fees, which are separate yes, but i can see them being used as a part of the negotiations against the MW if they are upheld.
Bottom line don't go out spending the full 140 million because the chances that all of it gets paid is extremely low.

From SI
"AAC by-laws note that schools must give 27 months’ notice to leave without the negotiated fee. SMU and the AAC negotiated a $25 million exit fee and the school also gave up $2.5 million in revenue"
 
Here's my understanding how the approximate $140 mill will be disbursed. UNLV and Air Force will receive a signing bonus between $25-30 mill. For sake of example we will assume $25 mill. After Air Force and UNLV are paid, $90 mill is remaining to be divided up by the 6 conference members. That means potentially, each MWC team will receive approximately $15 mill. So UNLV and Air Force total cut could be close to $40 mill! An up and coming top 25 program can do a heck of a lot with a $40 mill windfall!
I think it’s a little different… everyone in conference got a bonus… I don’t know what the basis was but the percentages were UNLV and AFA got a 24.5% share, Hawaii got a 5% share, and the other 4 got an 11.5% share.

I believe it was based on the exit fees to be paid by those leaving, so $90 million. I’m not sure if any remaining money received from the PAC poaching penalties is set to be distributed in the same fashion or if that portion would be split evenly.

IF all money is collected and UNLV gets an even distribution of the poaching fees (though I’d imagine that Hawaii would get less), then that’s another $7 million or so… $12 million if that remaining money is split using the same formula.

In accounting terms it’s known a SH!T ton of money.
 
What if we just say F it and go all in on Texas schools...
Texas State
UTEP
Sam Houston St.
Steven F Austin- basketball only, future option for football membership (currently FCS and not a great FCS program)
Pushes PAc out of Texas entirely unless the pay more money for UTSA and Rice
For the record... I am not Gloria nor do O work for her but I've been pretty spot on with my alignment so whoever is Gloria on here, I'll take an associate commissioner position
 
For the record... I am not Gloria nor do O work for her but I've been pretty spot on with my alignment so whoever is Gloria on here, I'll take an associate commissioner position
I don't know you but I'll surmise that you will have to keep wearing the mask. Or a paper bag. Or both. :)
 
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40 mil ain't happening. We are getting 25 if we stay in the MW going the distance of the contract. And that second 11 mil will simply supplement our annual revenue and hopefully that gets us to a point where we are close to what we get current.
If we get every last dollar between the poaching and exit fees which would be unprecedented, then the leftovers will likely stay in the MW offices to pay for incoming teams and likely stay is some sort of escrow. They have even said that only 90 mil will be distributed to the teams max.
Remember SMU's 27.5 mil exit fee last year was "negotiated" meaning that it was not full cost.
The 4 that left for the big 12 paid 18 a piece, down from the above 27.5 fee that SMU paid. Industy standard that multiple teams leaving for the same conference gets negotiated down to 50-60%.
Again I do think know why, but i do know that it is the norm. And then there are the poaching fees, which are separate yes, but i can see them being used as a part of the negotiations against the MW if they are upheld.
Bottom line don't go out spending the full 140 million because the chances that all of it gets paid is extremely low.

From SI
"AAC by-laws note that schools must give 27 months’ notice to leave without the negotiated fee. SMU and the AAC negotiated a $25 million exit fee and the school also gave up $2.5 million in revenue"
Last I checked $11 mill and $25 mill equals $36 mill. Not far from $40 mill is it? Beats paying $18 mill to join another G5 conference with no TV contract. That’s more than a $54 million dollar swing using your numbers.
 
First off, I think the Pac's lawsuit is baseless and ridiculous. Might the MW negotiate down a bit just avoid legal costs, etc? Sure, maybe. But the Pac's argument is pathetic IMHO.

Second, we have talked about the exit fees. It seems clear that the Pac has offered "to help" with those fees. How much that is we don't know.
On the other side the MWC could look at going after liquidated damages for fraud and see what sticks! No doubt they knew ahead of time that they had no intent to honor the agreement, which is fraud.
 
Last I checked $11 mill and $25 mill equals $36 mill. Not far from $40 mill is it? Beats paying $18 mill to join another G5 conference with no TV contract. That’s more than a $54 million dollar swing using your numbers.
we get 24.5% and it was originally reported that UNLV would get 25-30 mil.
It was 14 up front, then the rest distributed over 6 years I believe.
We know it is based off what we are going to get from the PAC, no existing money,
Well in order to get to 40 mil, we would have to get over 160 mil from the PAC, that ain't happening.
In order to get 30, we would have to net over 122 mil from the PAC, even that seems unlikely.
to get to the 25 we would have to get 102 million, much more likely.
BUT. If the lawsuit works at all, then that 55 mil may be reduced. Then there is the INDUSTRY STANDARD of exit fees being reduced to 50-60%. It is very possible we don't even get that.
Then there is the capital that needs to be withheld to get additional teams to make us a conference.
But 100% we are not getting 40 mil.
 
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