VUGrad1314 wrote:MissouriValleyUnite wrote:VUGrad, your presence is missed and welcome back here, but Wichita St isn’t happening. WSU gets ~$2M in AAC media rights and their mega-rich boosters *want* their investments visible in DFW, Houston, San Antonio, Memphis, New Orleans, Miami, Tampa, Charlotte, & Philadelphia, not the Valley locales.
WSU also has a $5M exit fee.
I doubt it's a $5million exit fee since they don't play football and is the $2million figure you cited for their media rights under the current contract or the new one they just negotiated? Because I'm willing to bet it's far less now than it was and back then the number I heard was something between $2-3million. Based on the numbers I think the AAC pulled in I think that number would be down to about $1-1.5million. Still a lot but probably not much more when travel is factored in as well as what Belmont and Murray State would do for any future MVC media deal. The market argument is solid and worthy of consideration but most of the schools they added lack support in their home markets. It didn't work for CUSA I don't see it working for the AAC. Not in basketball anyway.
The regular AAC exit fee is $10 million. WSU's is 1/2 at $5 million despite a 30% share in media rights.
https://www.kansas.com/sports/college/w ... 36813.html
A 30% share of media rights was $2.1 million. My understanding is the AAC kept its media rights deal, but the 6 new members were swapped in at 50% shares of the 3 XII schools.