Posted on 06/16/2010 5:19:44 PM PDT by Bad~Rodeo
LAWRENCE, Kan—Kansas athletic director Lew Perkins said Wednesday that the five Big 12 schools in danger of being left without a conference came up with a plan that included offering money to keep Texas, Texas A&M and Oklahoma in the league.
Kansas, Kansas State, Iowa State, Baylor and Missouri drafted a “business plan” to persuade the bigger schools to reject any interest from the Pac-10 or Southeastern Conference, Perkins said. The idea was to make sure the three Big 12 South schools would not lose any money by sticking with the Big 12.
“Five schools got together and we tried to develop a business plan like everything else,” said Perkins, who did not disclose financial details of the offer. He said paying to remain aligned with Texas, Oklahoma and Texas A&M is no different from a school giving a pay raise to a coach who wins a national championship and gets other job offers.
Perkins and Kansas State athletics director John Currie both said they don’t expect the three big schools to need the money because league revenues are expected to grow in coming years.
Big 12 commissioner Dan Beebe indicated on Tuesday that the five schools had offered to give Texas, Texas A&M and Oklahoma their share of whatever exit penalty money Colorado and Nebraska wind up paying for leaving the league over the next two years.
But Perkins said the five offered to take the money out of their share of conference revenues from other sources such as television and NCAA basketball, not the penalty money. Calls to the Big 12 offices in Dallas were not immediately returned Wednesday.
Nebraska, which will join the Big Ten in July 2011, said it does not believe it owes any penalty money.
(Excerpt) Read more at sports.yahoo.com ...
The Tea-Sippers whine and cry until they get their way, what is new?
In other words, save us from going to a mid major conference and we’ll give you more money.
Those five shouldn’t be so sold that they will receive much if any liquidated damages at all from Nebraska or Colorado. If this supposed Beebe TV deal is as great as it supposedly is they will have a hard time selling that they damaged them by leaving. Plus courts tend to look at things such as ultimatums negatively.
On the surface, I can't see the damages either
Texas gets their way because they bring in the most cash.
This is nothing more than an example of how capitalism works.
Got to admit it. Texas performed this money grab flawlessly, right down to claiming the 9 million in payouts from Colorado and Nebraska to leave the conference for themselves.
The new Big 12 will be boring as they only two teams that will be competitive will be OU and UT.
Everyone else may as well be SE Kansas School for Crippled Women.
The Big 12 is losing the revenue from having a conference championship game, unless the NCAA votes to remove the by-law. So, there are definite damages.
Future anticipated earnings should not factor into whether an action led to damages. Otherwise, everyone could shoplift at Wal-Mart and argue that Wal-Mart won’t miss the money because of anticipated future profits.
As for the Little 5 bribing the others to stay, it was a smart move on their part although I’d insist that any school that wants to launch their own network put 20% of their earnings in a conference pool. After all, the Harlem Globetrotters need the Washington Generals to show up if they expect a game.
UT wont get it, Perlman is quite confident, there were bylaws that were violated by UT.
Team uterus rules the henhouse!!!!
“Everyone else may as well be SE Kansas School for Crippled Women.”
Poppycock...
There’s also men’s basketball, if nothing else — Texas, OSU (my own alma mater), KU, KState, Mizzou, and Baylor would beg to differ with your idea.
Very correct. This will turn out exactly like when Miami and FSU went to the ACC and were the overwhelmingly dominant teams. The other teams in the league were supposed to be dragged UP to their level, but instead all of the ACC dropped to...where they are now. They suck.
What it comes down to is having a conference full of teams that can compete. No one wants to watch a blowout every week, which is what the poor Seminole fans used to do every week, until there own team started to stink it up. Now the entire conference is mired in mediocrity. I predict the same for the Big 12.
They haven't been very dominant lately.
Exactly my point. No one in the ACC is. Wasn't there a period last year where no team in the ACC was ranked in the top 25? I could be wrong, but it seems like the poll makers had Clemson in the top 5 and they barely made a Bowl game. Not sure and don't care enough to look it up.
Dumbest mistake Miami and FSU made, when they were independents, they played at lot of good teams.
Now they’re stuck with Wake Forest and Duke.
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