Date: 24/08/25 - 10:35 AM   48060 Topics and 694399 Posts

Author Topic: The check is in the mail!!!!  (Read 3767 times)

June 15, 2010, 10:06:50 AM
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vanro03

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Huskers and Buyout...

this morning on KLIN Harvey P. said there technically aren't any "exit penalties", but there are provisions for paying liquidated damages to remaining schools who might suffer as a result of the exit. Since the Big 12 apparently now is much better off financially AFTER Nebraska left, there really are no liquidated damages for the remaining schools. Therefore his view is Nebraska should not have to pay for any liquidated damages since they don't exist.

Asked whether a final settlement would wind up in court, Perlman just said he hopes not but we'll have to see how it works out.

June 15, 2010, 11:01:55 AM
Reply #1

1/64th

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Huskers and Buyout...

this morning on KLIN Harvey P. said there technically aren't any "exit penalties", but there are provisions for paying liquidated damages to remaining schools who might suffer as a result of the exit. Since the Big 12 apparently now is much better off financially AFTER Nebraska left, there really are no liquidated damages for the remaining schools. Therefore his view is Nebraska should not have to pay for any liquidated damages since they don't exist.

Asked whether a final settlement would wind up in court, Perlman just said he hopes not but we'll have to see how it works out.

So basically he is admitting that you and your university are worthless.  Thanks for clarifying.   :thumbsup:

June 15, 2010, 11:55:51 AM
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vanro03

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Nope. Since Bebee stated that the Big 12 has more money from their new TV contract there is no hardship. I think Beebe may have sold his soul on this one. No idea where the money is coming from.

"However, he called the projected average annual TV splits of $20 million for Texas, Oklahoma and Texas A&M, with the other schools getting $14 million-$17 million each, "too high, just not realistic."

"Now, who knows? Maybe they can break the mold and come up with a model nobody's seen."

His firm projects an average annual total of $135 million a year for the 10 schools.

Link: http://www.usatoday.com/sports/college/2010-06-14-texas-staying-big-12_N.htm

June 15, 2010, 01:04:49 PM
Reply #3

cyclist

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 :buh-bye:  < ---- cornflakes making sure the door doesn't hit them on the way out.


BTW, Nebraska will lose what little respect they still have if they skate away from paying the exit fee. 

Enjoy the Big Ten, 'Huskers...


I love the smell of peat in the evening.  That smell, you know that earthy smell...  Smells like...whisky !



Funditus Classless

June 15, 2010, 02:56:25 PM
Reply #4

vanro03

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:buh-bye:  < ---- cornflakes making sure the door doesn't hit them on the way out.


BTW, Nebraska will lose what little respect they still have if they skate away from paying the exit fee. 

Enjoy the Big Ten, 'Huskers...




If the fee is paid to the Big 12, Texas, OU and TAM get the all of that money. None of the other 7 get a dime. Sweet deal.  :clap:

June 15, 2010, 04:36:48 PM
Reply #5

cyclist

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:buh-bye:  < ---- cornflakes making sure the door doesn't hit them on the way out.


BTW, Nebraska will lose what little respect they still have if they skate away from paying the exit fee. 

Enjoy the Big Ten, 'Huskers...




If the fee is paid to the Big 12, Texas, OU and TAM get the all of that money. None of the other 7 get a dime. Sweet deal.  :clap:

Fell off the wagon again ?

 :cobhead:
I love the smell of peat in the evening.  That smell, you know that earthy smell...  Smells like...whisky !



Funditus Classless

June 15, 2010, 05:05:00 PM
Reply #6

vanro03

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:buh-bye:  < ---- cornflakes making sure the door doesn't hit them on the way out.


BTW, Nebraska will lose what little respect they still have if they skate away from paying the exit fee. 

Enjoy the Big Ten, 'Huskers...




If the fee is paid to the Big 12, Texas, OU and TAM get the all of that money. None of the other 7 get a dime. Sweet deal.  :clap:

Fell off the wagon again ?

 :cobhead:
Was it the Jack Daniels wagon? I stay on that one... :lick: :D

June 15, 2010, 05:49:09 PM
Reply #7

cyclist

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Was it the Jack Daniels wagon? I stay on that one... :lick: :D

Yes !

In fact, I've been able to procure, at almost no cost, this picture of you:



:blush:           :blush:           :blush:           :blush:
I love the smell of peat in the evening.  That smell, you know that earthy smell...  Smells like...whisky !



Funditus Classless

June 17, 2010, 01:15:03 PM
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vanro03

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June 17, 2010, 01:36:05 PM
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to.kat

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FYI, you don't pay us, the Big 12 will just withhold your portion of this year's TV money, so if there is a lawsuit it is going to be Nubb sueing the Big 12 to get money, not the Big 12 sueing you.  So your subject is wrong, the check to you is NOT in the mail.  Have fun sueing the Big 12 to get it.  :nahnah:

June 17, 2010, 02:15:20 PM
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vanro03

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Wouldn't it be fun if Nebraska put a lien on the Big 12? :yikes:

June 17, 2010, 02:25:44 PM
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CATS2WIN

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With NU's record against The University of Texas, that should make for a pretty poor season for you guys. 


June 17, 2010, 02:28:12 PM
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vanro03

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With NU's record against The University of Texas, that should make for a pretty poor season for you guys. 
Damn, you are correct.. Could be a bad year for the Corn!!! :frown:

June 18, 2010, 07:52:36 PM
Reply #13

85catbacker

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Nope. Since Bebee stated that the Big 12 has more money from their new TV contract there is no hardship. I think Beebe may have sold his soul on this one. No idea where the money is coming from.

"However, he called the projected average annual TV splits of $20 million for Texas, Oklahoma and Texas A&M, with the other schools getting $14 million-$17 million each, "too high, just not realistic."

"Now, who knows? Maybe they can break the mold and come up with a model nobody's seen."

His firm projects an average annual total of $135 million a year for the 10 schools.

Link: http://www.usatoday.com/sports/college/2010-06-14-texas-staying-big-12_N.htm

So to follow the line of thinking that because of a new contract there would be no liquidation damages, wouldn't a projection of what the contract would have been with NU & CU result in a harm to the remaining schools?