Jump to content

Gidnik

Full Members
  • Posts

    1511
  • Joined

  • Last visited

Posts posted by Gidnik

  1. 2 minutes ago, Texas Wahoo said:

    Is anyone else having second thoughts about this whole SEC thing.  I mean, I was in until now.  What are we going to do without the trip to Stillwater every other year?

    im not no.  all the crying and whining from the little 8 just reinforce that Texas an ou have been subsidizing this conference for at least the last 14 years.  its time to move on.  im sorry for them but thats not our problem. 

  2. 10 minutes ago, UncleSonny said:

    So what are we going to do tomorrow with no news expected, work or something? I guess I am a little curious to find out if I'm still employed. 

    I am absolutely positive there will be be news tomorrow 

  3. 6 minutes ago, hiphopfroggy said:

    The Texas recruits started leaving in droves when aTm joined the SEC. UT joining the SEC may help bump UT up a couple of spots in the recruiting hierarchy but overall does anyone think that this is going to keep more Texas recruits in state? I don't anyone thinks that. 

    I think that. 

    • Hook 'Em 1
  4. 2 minutes ago, Huckleberry said:

    Okay, I see the disconnect. Paying the buyout now versus on 6/30/2023. If a team withdraws from the Big 12 they owe the buyout, but the withdrawal date is the first June 30th that's at least 18 months after they declaration of withdrawal. So the remaining teams have two main options:

    1. Try to stick it out as a conference. Take the $160M on 6/30/2023. Hold on to Texas and OU's GOR until 7/1/2025. Then get absolutely dick from their rights after that and try to make that money work for the rest of their program's lives.
    2. Take the $160M ASAP. Relinquish Texas and OU's GOR. Build a new good conference or find other homes. Negotiate decent TV rights.

    I mean theoretically they could go with #1, and some of them might be dumb enough to do it. But I doubt that happens.

    exactly

  5. 1 minute ago, Burt Macklin said:

    I’d love to hear your basis for why we would pay a buyout/penalty AND still owe all over revenue through 2025.

    Oh and while you’re at it, feel free to explain why ESPN would shell out $240 million per year through 2025 to the little 8 when they don’t currently have tier 1 tights for either conference right now. 
     

     

    i didnt say that they would shell out 240. i said that espn would not lower their payout.  that means the espn price would not be lowered. 

  6. 5 minutes ago, SquishMitten said:

    Maybe I'm missing your point here, but "buyouts" are generally to compensate the opposing side for breaching a contract. Unless the contract is fully guaranteed, the buyout is a number smaller than the total. You don't pay both. 

    Buyout Amount. Any Withdrawing Member shall pay to the Conference a commitment buyout fee (the “Buyout Amount”) in an amount equal to the sum of the amount of distributions that otherwise would be paid to the Member during the final two years of its membership in the Conference. 

    SECTION 3 WITHDRAWAL AND SANCTIONS 3.1 Withdrawal. Notwithstanding the commitment of each Member set forth in Section 1.2.3 above, a Member may only withdraw from the Conference, cease to be a member in the Conference, or otherwise fail to fully participate in the activities of the Conference in contravention of its commitment to remain a Member in the Conference for such ninety-nine (99) year period (“Withdraws” or “Withdrawal”) by fully complying with the provisions of these Bylaws and by paying the Buyout Amount (as defined below). Each Member acknowledges and agrees that the Withdrawal of a Member and the payment of the Buyout Amount and implementation of the provisions of these Bylaws does not abrogate the obligations of such Withdrawing Member (as defined below) pursuant to that certain Amended and Restated Grant of Rights Agreement dated effective as of July 1, 2012, or any replacement or extension thereof or other agreement pursuant to which such Member grants the right to telecast some or all of its sporting events to the Conference (a “Grant of Rights Agreement”). The Grant of Rights Agreement which will remain in full force and effect as to such Withdrawing Member and the Withdrawing Member shall continue to be fully bound under the Grant of Rights Agreement after Withdrawal for the remainder of the term of any Grant of Rights Agreement as if it remained a Member of the Conference, but the Withdrawing Member shall not be entitled to payment of any amounts or any other benefits arising under the Grant of Rights Agreement after Withdrawal.

  7. 17 minutes ago, Burt Macklin said:

    Lol wut. There are so many things about this post that defy logic and reason. Why would they pay their buyouts AND ESPN pay the Big 12 full revenue. It’s one of the other. And it would make way more sense for ESPN to just fund the buyouts of $156 million than pay an extra $300 million per year for the next four years. 
     

     

    you clearly dont know why i said what i said.  Even if texas pays 80 million, they will still owe any tv revenue from any conference they are in until 2025.  that is why espn will tell the big 12 to release us and ou from that section of the contract and they will maintain the current pay out to big 12 teams.  If they wanted to they could reduce the payout to 10 million per year for the entire conference because us and ou leave.  keep your indignance to yourself.

    in other words, stop acting like a shower shoe you fucking asvab waiver. 

  8. i think Texas and ou both pay their buyouts and then ESPN comes in and tells the remaining big 12 to let Texas and ou go to the SEC immediately and they will not lower the amount of money the big 12 tv rights. at least thats my take on it. i cant see either party wanting this to drag out until 2025,

     

     

  9. 25 minutes ago, Surly Bevo said:

    Oh Looch here is how it went.

    Text from a buddy of mine who has a semi decent connected dad


    From whatever group text dad is on

    Was talking to Quan. He talked to Luicci for 45 min last night. Apparently SEC brass told atm to get their shit together or they’ll force them out.







    You all smeared shit all over yourself and the conference told you if any of it got on their shoes hell would be paid.

    im not sure how much i believe this but its someone around 0% i want to believe tho

  10. 2 minutes ago, Valmy77 said:

    Both the old Big 12 and new Big 12 leadership seemed incredibly out of touch with how precarious our position was. Not just with their words but with their actions. There always seemed like little or not leadership from the Commissioners.

    Actually I guess there is one exception, whomever that Commissioner was who tried to get the schools to agree to a Big 12 Network, that was pretty smart. Just didn't work out for him.

    Actually I could say the exact same thing about the old SWC Commissioners.

    They took us for granted 

×
×
  • Create New...