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I've heard Aresco is asking for 37 million, the 10 million exit fee plus a 27 million early exit penalty fee. That makes zero sense to me because the 23/24 Big 12 revenue woud be significantly lower. In another article Aresco stated the penalty fee is higher than when UConn left because UConn didn't affect the AAC tv deal. When UC, UCF, and UH leave, the AAC deal will be significantly lower than the too low point it is now. Sjould we stay until July 2024, the AAC only gets 10 million per school and their tv revenue drops. They cannot expect UC, UCF, and UH to essentially subsidize the AAC tv revenue losses for the next 6-8 years in exchange for leaving one year early. The UConn 7 million penalty (total 17 million witht the non-negotiable 10 Million) has to be the starting point for UC, UCF, and UH because we are giving more notice and they have already selected replacements.
Aresco is getting greedy and desperate.
Red and Black are more of an Attitude than merely a color combination.
Max Olson of The Athletic ($) -- When the Big 12 becomes a 14-team league next year, what should the divisions look like? Do they even need divisions? Update on those discussions and the key issues (like where to put OU/Texas): https://theathletic.com/3222097/2022...y-issues-loom/
Max Olson of The Athletic ($) -- When the Big 12 becomes a 14-team league next year, what should the divisions look like? Do they even need divisions? Update on those discussions and the key issues (like where to put OU/Texas): https://theathletic.com/3222097/2022...y-issues-loom/
I read an article a couple of days ago, basically saying that they may not go with divisions but rather have 9 conference games.
Aresco bailing on the American and follow the 3 teams leaving? I am not sure if I would be OK with that. Also, there may be a conflict of interest when dealing with exit fees.
Aresco bailing on the American and follow the 3 teams leaving? I am not sure if I would be OK with that. Also, there may be a conflict of interest when dealing with exit fees.
That might be exactly why it would be smart for the Big XII board of governors to grab him. He has inside knowledge of what the AAC would be willing to take at minimum for the three teams to jump leagues early. That would do us a financial favor and maybe the Big XII as well depending on if they had plans to pay part of our exit fee.
That’s completely unscrupulous but when has that stopped anyone in big business before? I doubt Aresco has a non compete clause.
That might be exactly why it would be smart for the Big XII board of governors to grab him. He has inside knowledge of what the AAC would be willing to take at minimum for the three teams to jump leagues early. That would do us a financial favor and maybe the Big XII as well depending on if they had plans to pay part of our exit fee.
That’s completely unscrupulous but when has that stopped anyone in big business before? I doubt Aresco has a non compete clause.
I also just realized that the office move here would be literally across the highway and down two blocks in Irving.
The Athletic out with a list of potential candidates, mostly AD’s from current Big 12 or SEC, a few outsiders like Oliver Luck, and perhaps somebody who has never worked in college athletics. No mention of Aresco.
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