WIN
Active Member
Too much wine.
Houston Chronicle: Texas, Oklahoma reach out to SEC about joining conference
- Thread starter CryptoMiner
- Start date
Too much wine.
WIN
Active Member
They were both classic.
Jared7
Active Member
Well, if they do that, they'll just owe more. Right now, they owe about $160 million each (4 years worth of distribution revenues of about $40 million per year). If they break the GOR, they will owe the first $40 million plus 3 years worth of SEC TV money (currently estimated at $65 million per year). So $160 million, very quickly becomes $235 million. Moreover, because they breached the 12 hour notice so blatantly, they probably owe another $40 million because it was another 6 months or so. So, that'd either be $200 million each, or $275 million each.
Jared7
Active Member
There is a universally recognized "commercial activity" exception to any claim of sovereign immunity.
Moose Stuff
Active Member
Moose Stuff
Active Member
Do you have to get vaccinated to obtain sovereign immunity?
Hoosierfrog
Tier 1
Frog-in-law1995
Active Member
In Texas, governmental immunity exists unless it is expressly and unambiguously waived by statute.
Moose Stuff
Active Member
If you’re South African diplomatic immunity exists until you get shot by Danny Glover.
Frog-in-law1995
Active Member
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Eight
Member
Daniel Weir
New Member
Thx. That rings a bell from law school many years ago.
LisaLT
Active Member
I’d file for an injunction prohibiting this move, if it were to happen and if I was in charge
Hemingway
Active Member
FSU has the worst facilities. It’s a big reason why Jimbo left, no support. Maybe they need the cash.
Jared7
Active Member
Dennis Dodd needs to read the contract. The current number is at least $160 million each (not counting the blatant violation of the 12-hour notice provision). A "buyout" just increases the penalty to the amount contracted for by the new conference (SEC) - currently projected at $65 million (but probably more and maybe upwards of $90 million each). So that's at least $320 million and probably much more. $150 million from the LHN monies doesn't cover that or even close to it.I’d file for an injunction prohibiting this move, if it were to happen and if I was in charge
froginmn
Full Member
And the article talks about TCU being attractive because it's in Fort Worth.
Did we move and I missed it?
CountryFrog
Active Member
Can't happen. Jay Bilas told me that the ACC will be the SEC's equal going forward.
Daniel Weir
New Member
Just saw Dak on teevee. Was asked about whether OUT would be successful in the SEC. Said he didn't want to upset any Longhorns, but said SEC is hard. Second to NFL. As he was walking away he was heard to say "I just hope they don't get rid of us" (Miss. State).
