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UCONN, Cinny,&USF to split nearly $100 million

Posted on 3/5/13 at 12:31 pm
Posted by TigerintheNO
New Orleans
Member since Jan 2004
45060 posts
Posted on 3/5/13 at 12:31 pm
quote:

The person spoke to The Associated Press on condition of anonymity because the separation agreement has not yet been finalized. That is likely to happen by the end of the week. The football schools will receive approximately $100 million under the agreement, most of which will go to holdover members Connecticut, South Florida and Cincinnati.

The basketball schools will receive $10 million, the Big East name and the right to play their conference tournament at Madison Square Garden


I was wondering who was going to get all of these exit fees, now we know.

quote:

The Big East football schools recently agreed to a seven-year deal worth about $130 million with ESPN, though the first year of the deal is expected to be adjusted down with the departure of the seven basketball schools.


For the Tulane and SMU fans on the board is this deal really that much better than what they had with CUSA?
Posted by StraightCashHomey21
Aberdeen,NC
Member since Jul 2009
126745 posts
Posted on 3/5/13 at 12:35 pm to
hmmmmm talk about the BE buying them out

now where off to next

need a linky here
This post was edited on 3/5/13 at 12:37 pm
Posted by Enfuego
Uptown
Member since Mar 2009
9968 posts
Posted on 3/5/13 at 12:58 pm to
link
Posted by TigerintheNO
New Orleans
Member since Jan 2004
45060 posts
Posted on 3/5/13 at 1:05 pm to
Sorry

Seems like a lot of Tulane fans are pissed.

quote:

there are a lot of suspicions about USF/Conn/Cincy working with the C7 to hasten their exit, so that assets can be divided between the 3 before the rest get on board in July and next July. This includes selling the BE name, so they can pocket the cash and not have to share.
This post was edited on 3/5/13 at 1:46 pm
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