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Oliver Luck hired by B12.
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<blockquote data-quote="Buckaineer" data-source="post: 131765978" data-attributes="member: 1428007"><p>The existing BIG 12 schools do not have an offer to exit the conference themselves, nor is it in their interest to sacrifice hundreds of millions of dollars so UT/OU can make more for themselves.</p><p></p><p>OU/UT owe 2 final years of full payouts for departing as well as (currently) 4 years of media rights payouts --total of between $400-$500 million. I can't imagine anyone in the conference thinking "oh let's just let them leave and not pay that".</p><p></p><p>Also, UT/OU specifically had language added to the conference bylaws regarding a 99 year commitment of which they didn't make 10 years. There will likely be penalties for breaking that Delaware Corporation agreement as well.</p><p></p><p>Not sure why you think UT/OU will just walk from their financial commitment, can't see it happening unless the existing membership is very substantially compensated and guaranteed no matter what a place in the Power 5 structure beyond 2025.</p></blockquote><p></p>
[QUOTE="Buckaineer, post: 131765978, member: 1428007"] The existing BIG 12 schools do not have an offer to exit the conference themselves, nor is it in their interest to sacrifice hundreds of millions of dollars so UT/OU can make more for themselves. OU/UT owe 2 final years of full payouts for departing as well as (currently) 4 years of media rights payouts --total of between $400-$500 million. I can't imagine anyone in the conference thinking "oh let's just let them leave and not pay that". Also, UT/OU specifically had language added to the conference bylaws regarding a 99 year commitment of which they didn't make 10 years. There will likely be penalties for breaking that Delaware Corporation agreement as well. Not sure why you think UT/OU will just walk from their financial commitment, can't see it happening unless the existing membership is very substantially compensated and guaranteed no matter what a place in the Power 5 structure beyond 2025. [/QUOTE]
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Oliver Luck hired by B12.
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