Yes and the dollar amount doesn’t
Matter. We will make way more Money no matter the exit fees. 10 mil to 80 mil. We will eventually make up for it. Just leave the earliest possible.
AAC wants additional $35M exit fee for UH, UCF, Cincy to leave before 2023 Football Season
- Thread starter GoldenFunk
- Start date
Matter. We will make way more Money no matter the exit fees. 10 mil to 80 mil. We will eventually make up for it. Just leave the earliest possible.
I disagree. There is no Big 12 TV money yet for us, and as has already been stated, Big 12 could easily collapse into an improved AAC if a few more teams bolt. I don’t think it is wise to pay $35 million extra for one season in the Big 12. Wait a year. (If those are the options.)
The chance to go to CFP 1 year earlier makes up for that 1 year penalty. You have to bet on yourself to win.
AAC, Departing Schools "Making Progress" for 2023 Departure
The American Athletic Conference is set to lose three teams in the near future as Cincinnati, Houston, and UCF are ready to bolt to the Big 12 and join “Power Five” status. With the plans in place and membership accepted, the only thing standing between the three schools and their official...
www.heartlandcollegesports.com
Tulane has a better chance than USF imo.
Next non-P5 team in imo is Memphis.
Next non-P5 team in imo is Memphis.
I can't lie, I wish you guys well in the Big 12 and is grateful for the exit fee money USF will get. We can definitely use it for our stadium. I hope you guys can work out leaving early so that we can get even more money......1❤ my amigos and amigettes 😎
Wont be funny when its built with the money you guys provided 🤷♂️ Im just trying 2 say thank you and that I hope you guys settle on am early release.
This is like a tree falls in the woods scenario. If you build a stadium and no one goes to games, does it really exist...I'm joking of course, thanks for the love..
If the bulls got 100% of the exit money from all three schools combined I don’t think it would be enough for their stadium wishlist.
Here’s hoping all parties can see a benefit from an early settlement.
Here’s hoping all parties can see a benefit from an early settlement.
Is this gonna be the new thing (or lame snub) USF fans are gonna hang their hats on? Like Mexico's gonna build our border wall type of thing?
Do whatever helps you get outta bed in the morning, dude.
Bruh, I simply shined light on a "mutual benefit". It is still not enough to pay for the whole stadium, but it helps. Unlike Trump claiming to make Mexico pay for the wall which never happened, your exit fee is actually going 2 make USF's pockets get fatter my friend. Nothing 2 hang my hat on just a FACTI presented.
The money might possible cover 1/2 year of debt service. As interest rates rise, construction costs rise. $1.2 million a month on $250 million? Gonna be interesting
Not sure but they are currently upgrading the track, building an IPF and planning to build a stadium. 🤷♂️ Im not a typical USF fan. The only part of our rivalry I care about is when we face each other on the field. Im not the type of person to wish bad things or failure on any person or institution.
I don’t wish Ill will either. I don’t even care about USF. They weren’t a team when I went to UCF for football. I sometimes root for them if it benefits us.
An on campus stadium would be great for the school if they’re going to make athletics a priority. It definitely changed ours for the better.
It’s probably already earmarked to cover all those baseless coaching extensions your AD gave out like candy a few months ago. I mean, can you imagine handing out an extension to a coach who is 3-18 where 2 of those wins basically don’t even count? And didn’t he have like 2 more years left on contract? Haha usf gonn usf though, imma right?
UCF, UH and Cinci will announce they are leaving the AAC by June 30, 2022 to start in the Big 13 on July 1, 2023 so that there is at least 1 year notice by the start of their calendar year (starts on July 1).
IIRC we notified we were leaving immediately after accepting for BIG12. It was 24months notice. So the debated time frame is from July 1 - October 2023. This 4-6months is where the AAC is saying we owe 35M you know more than we made as a confrence member from 2012-13 to date. Lets see what the counter is. Should be like 3M and thats a very generous offer to the AAC.
Our situ is a little bit different than UCONN but I will use it as a model. They had 2 yrs to forgo payouts to help soften the blow up front.
Regarding UCF, Houston, and Cincy....Delays in negotiations due to various reasons (UT/OU dates to depart to the SEC) will impact our costs to leave. If we're lucky, we get resolution this summer, plan on departing 1JUL23, and the AAC will withold yr of earnings (~$7M). IMO, we get out of the American ASAP. Assuming a negiotiated $19M exit fee (something equitable to UCONNs settlement adding in 2/3yrs of inflation - thanks Biden), we'll be in the hole $12M. Again, stretch this out similiar to what UCONN did, lets say $2M/yr for 6 yrs isn't too bad assuming our payout from the Big12 gets significantly better at the 4-5yr mark. $19M/14 football playing teams, assuming no admin fees (Aresco makes almost $2M/yr - he and his cronies may decide to take a piece) and a (1/10) like distribution (new members will not get an equal footing), USF will only be walking away w/an added ~$2M from UCF. Assuming USF gets 3x, factoring in inflation and continued rise of raw construction costs...That is a drop in a bucket funding your Taj Mahal type stadium, not to mention it will be stretched over 7 yrs.
I mean, my comments applied 2 all schools that are leaving the AAC. It sucks all of you guys are leaving, but good luck and thanks 4 the exit fee money. What is there 2 go back and 4th about?
Big 12's Future Amid Issues with Geography, OU-Texas
In a little over a year the Big 12 will turn the page to the future; a future where the conference includes four new schools: BYU, Cincinnati, Houston, and UCF. Between now and then, administrators will meet several times to discuss issues concerning the new merger, as well as the departure of...
www.heartlandcollegesports.com
You will only get 2 to 3 mil from exit fees. Yes it helps but it isn't paying for a stadium.
Well even at 6 mil, it will get paid out over a few years. That still isn't much of a down payment of a 100+ mil stadium. Does it help sure.
$6 million won’t even pay for the fencing around the stadium to keep the Bools “fans” inside The Feedlot.
You Guys are wrong. Because of the Special Status USF holds in the world of Academia, the AAC (which is lucky to have them as a member) and in the heads of their 1,043 fans, it was predetermined that 100% of all buyout money from departing teams will go straight to USF to fund the next feasibility study for the OCS that might get built in the next 35 years.
LOL@Duh*BOOLS.
LOL@Duh*BOOLS.
Interesting how Aresco thinks he has the upper hand "I'm so dang swell in even talking to them, I don't have to, that's how great I am." He actually is in a lousy spot where the best he can do is OK and he's got a royal chance to F this up. The Big XII shows you how it should be done. You try like hell to keep the leaving teams in as long as possible, and try/hope to get the in-coming teams in early so you at least have a chance that the new teams can beat/embarrass the leaving teams showing your conference is just as strong as it once was (even if no one actually believes it). Aresco was stupidly proud of not letting the new teams in till the old/best ones leave. The moron didn't even allow the chance of Charlotte taking down a few of the old teams. Now all he can do is F up the $$ too, if he plays hard ball and doesn't get an extra cent over the leaving bill. Go ahead idiot, refuse to settle, have the old teams dominate the conference and leave it with no extra $$$$. Exactly how a moron runs a conference.
