A. 69, you are lost. Read my posts. There is no solution. Our private donors simply aren't there. We are stuck in neutral or reverse.
B. TU Video Guy - Ask the folks at the closed Wampler Turkey plant in Franconia whether I was in Philly or not. Trust me, they know I was there.
C. Now that Ted is here, we have to argue logically and without insult. This cripples me, but I'll do my best.
1. For all intents and purposes, Temple leaving actually HELPS Umass according to the contract. When (not if) Temple leaves, the contract converts to a term agreement and the exit fee goes from $2.5 Million to basically $250,000 if they play one season of football after Temple leaves. Even without the exit of the other school, Temple or UMASS can claim other conditions and get out scot-free with no exit fee.
2. The contract (I'm paraphrasing) states that UMASS is joining an NCAA DIvision 1-A football conference that competes in the Football Bowl Subdivision. That is the set market in my opinion (no AQ or non-AQ status specified), so lets look at other exit fees from the same group of schools from the set market:
Texas A&M = $28 Million to be negotiated to $10-$15 Million
Nebraska = $9.2 Million
Colorado = $6.863 Million
Those are all Big 12. No checks will be written, but they will lose that revenue from the sharing pool and it will go to other schools, so essentially they are paying to get out.
Syracuse = $5 Million
Pitt = $5 Million
TCU = $5 Million
Syracuse and Pitt will pay the $5 Million and stay 4 years to get to the ACC after bolting from the Big East. TCU will pay $5 Million without having played a single game in the conference to get to the Big 12.
Fresno State = $900,000
Nevada = $900,000
Boise State = $750,000
All negotiated payouts for schools to leave the WAC for the Mtn West.
Missouri's exit fee from the Big 12 is going to have negotiations starting at $40 million according to the KC Star.
3. The contract was signed in March of 2011. Well after conference realignment talks heated up, and well after Nebraska, Colorado, and the host of WAC/C-USA/Mtn West teams had made moves.
Here's a summary of my points:
A. The conference knew well in advance what the market for exit fees should be in FBS football, yet they still crafted a contract where the MAXIMUM NEGOTIATED EXIT FEE will be around $500,000 in a best case scenario (that is my own hypothesized number based on the UMASS contract and current realignment events ).
That is WELL below the exit fees negotiated at other Non AQ conferences, and a farce compared to the set market mentioned above. I personally think Temple and UMASS could get out with no exit fees, but that's a solely personal opinion.
B. Jack Welch is a $5+ Million donor at Umass. They have other $5+ Million Donors, PLUS a slew of $1+ Million and $500,000+Donors. The market and alumni base is huge and appears to be wealthy and supportive. Hell, John Calipari gives between $25k and $100k per year. Temple is in a similar, favorable financial condition with a more bottom heavy giving pyramid in comparison to UMASS's top heavy pyramid.
If you have leverage (and the MAC did, as UMASS wanted in) with schools that have a lot of money in big markets - why not use the leverage to enhance conference stability via huge exit fees, especially as conference realignment unfolds exactly at the time of contract inception and negotiation?
I'm lumping Temple in with UMASS in these points, as it sounds like some sort of amendment/negotiation was done to Temple's deal when UMASS joined to make them virtual equals in the eyes of the MAC.
C. Again for the deaf, dumb, and blind posters - we're screwed. My original post was to say what a dumpster fire the MAC is and that I won't sit and heap praise on the conference, it's direction, or it's administration any longer. I didn't make any overtures that we could leave and head for greener pastures. The reality is quite the opposite and probably more skewed towards the First Street Forever idea of impending FCS status. Until the University finds a way to keep all our donor money in house, and not headed up 33 to Columbus - we're going to be bent over like Bruce Willis in Pulp Fiction.
Last Edited: 10/10/2011 8:57:31 PM by Bobcat Love