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UConn returns to the Big East
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SDHoops



Joined: 09 Nov 2007
Posts: 933



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PostPosted: 07/26/19 4:10 pm    ::: Reply Reply with quote

Ex-Ref wrote:
Gonna cost them $17 million.

https://www.usatoday.com/story/sports/ncaab/2019/07/26/uconn-will-pay-17m-to-leave-the-aac-for-big-east/39811215/

I wonder if UConn, as a founding member, regrets setting and agreeing to that $12 million exit fee!


linkster



Joined: 27 Jul 2012
Posts: 4027



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PostPosted: 07/26/19 4:25 pm    ::: Reply Reply with quote

SDHoops wrote:
Ex-Ref wrote:
Gonna cost them $17 million.

https://www.usatoday.com/story/sports/ncaab/2019/07/26/uconn-will-pay-17m-to-leave-the-aac-for-big-east/39811215/

I wonder if UConn, as a founding member, regrets setting and agreeing to that $12 million exit fee!


When the New Big East (NBE) teams left the BE they paid an exit fee to the remaining few BE teams. (UConn never left the BE. They renamed the conference to the AAC and sold the rights to the name to the NBE)

So UConn collected and shouldn't now complain about paying.


FrozenLVFan



Joined: 08 Jul 2014
Posts: 1307



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PostPosted: 08/16/19 12:11 pm    ::: Reply Reply with quote

Apparently it's going to cost >$20M, and any money that's not left from UConn's AAC revenue is going to come from student fees, all at a school with a $40M athletic deficit. Am I the only one that sees a problem with this?

https://www.usatoday.com/story/sports/ncaab/2019/08/01/lawmaker-wants-donors-to-pay-for-uconns-exit-from-aac/39876279/


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