Exit Fee

[jsaluki080]

I'm like 98% sure I already know the answer, but does the MVC have an exit fee? I've heard that we don't and I don't recall it ever being brought up when Creighton, WSU, and now LUC left, so yeah, pretty sure we don't.

So my real question, should the MVC have an exit fee? Would that help keep schools in the conference if a team finds some success? Even if it doesn't help keep schools who want to jump to another conference, it could help with league finances and helping bring other schools in .... right?? Or would it just piss off the school and be the catalyst for making schools want to jump ship? Is it too late to even try to enact exit fees?

Any thoughts? Surely, I can't be the only person who has been thinking about this wayyyy tooo much.

[Action10]

I'm like 98% sure I already know the answer, but does the MVC have an exit fee? I've heard that we don't and I don't recall it ever being brought up when Creighton, WSU, and now LUC left, so yeah, pretty sure we don't.

So my real question, should the MVC have an exit fee? Would that help keep schools in the conference if a team finds some success? Even if it doesn't help keep schools who want to jump to another conference, it could help with league finances and helping bring other schools in .... right?? Or would it just piss off the school and be the catalyst for making schools want to jump ship? Is it too late to even try to enact exit fees?

Any thoughts? Surely, I can't be the only person who has been thinking about this wayyyy tooo much.

I don't know for a fact, but have heard that the only penalty for leaving the MVC is forfeiting all remaining postseason shares and any money remaining on the media deal.
For a little context, most leagues do have an exit fee. The Big Ten is the league that doesn't have any exit penalty of any kind in place. I assume that is because nodody in their right mind would leave the Big Ten for any reason.

[BCPanther]

I'm like 98% sure I already know the answer, but does the MVC have an exit fee? I've heard that we don't and I don't recall it ever being brought up when Creighton, WSU, and now LUC left, so yeah, pretty sure we don't.

So my real question, should the MVC have an exit fee? Would that help keep schools in the conference if a team finds some success? Even if it doesn't help keep schools who want to jump to another conference, it could help with league finances and helping bring other schools in .... right?? Or would it just piss off the school and be the catalyst for making schools want to jump ship? Is it too late to even try to enact exit fees?

Any thoughts? Surely, I can't be the only person who has been thinking about this wayyyy tooo much.

We don't other than keeping all NCAA Tournament distributions and we don't need one.

We're not a revolving door like a lot of low major leagues and there isn't a departure we've had, or will have, in the current landscape that has done irreparable damage to the league.

[Salukimadness86]

I'm like 98% sure I already know the answer, but does the MVC have an exit fee? I've heard that we don't and I don't recall it ever being brought up when Creighton, WSU, and now LUC left, so yeah, pretty sure we don't.

So my real question, should the MVC have an exit fee? Would that help keep schools in the conference if a team finds some success? Even if it doesn't help keep schools who want to jump to another conference, it could help with league finances and helping bring other schools in .... right?? Or would it just piss off the school and be the catalyst for making schools want to jump ship? Is it too late to even try to enact exit fees?

Any thoughts? Surely, I can't be the only person who has been thinking about this wayyyy tooo much.

Something needs to be set in place with stricter consequences. Within an 8-9 year period the MVC has lost three top 40 programs. Maybe something needs to be added to the requirements that a school needs to stay for a period of ten years before moving on to greener pastures? It's a tough call since conference realignment is a trend now.

[IllinoisState]

I'm like 98% sure I already know the answer, but does the MVC have an exit fee? I've heard that we don't and I don't recall it ever being brought up when Creighton, WSU, and now LUC left, so yeah, pretty sure we don't.

So my real question, should the MVC have an exit fee? Would that help keep schools in the conference if a team finds some success? Even if it doesn't help keep schools who want to jump to another conference, it could help with league finances and helping bring other schools in .... right?? Or would it just piss off the school and be the catalyst for making schools want to jump ship? Is it too late to even try to enact exit fees?

Any thoughts? Surely, I can't be the only person who has been thinking about this wayyyy tooo much.

Something needs to be set in place with stricter consequences. Within an 8-9 year period the MVC has lost three top 40 programs. Maybe something needs to be added to the requirements that a school needs to stay for a period of ten years before moving on to greener pastures? It's a tough call since conference realignment is a trend now.

I agree. $1.5 to $2 million exit fee.

[VUGrad1314]

I think the ship has sailed on the need for an exit fee. I think we finally have a group of schools that have found their forever homes. The only flight risks I see are Missouri State Illinois State and possibly UNI (FBS) and Belmont and that's only if the A-10 decides it wants to expand to Nashville. All of these are very unlikely considering the hit to the basketball profile any of these schools moving up to FBS would take plus the extra scholarships travel and fees. I don't see the MVC losing anyone for a very long time.

[Hooper]

The issue of exit fees and whether or not they are enforceable is currently being litigated by the OVC and a couple of schools. If they don't settle soon I'm guessing it'll be disposed of by summary judgment and if that order is appealed it will certainly set an interesting precedent one way or the other.

https://apnews.com/article/sports-kentu ... 5ecb4385c5

[RacerJoeD]

Not sure how it can be summarily dismissed as in each case, these were passed without objection by the same institutions who want to not pay.

[BearsCountry]

A non-football league doesn't need a exit fee.

[Hooper]

Summary judgment just means there's no genuine issue of material fact and the moving party is entitled to judgment (win) as a matter of law. Basically, there won't be a trial. The Judge will look at the OVC Constitution and by-laws and decide if the exit fee is closer to a liquidated damages clause (that's ok) or an unreasonable penalty (that's generally not enforceable). Maryland and the ACC litigated their exit fee for a while years ago but settled. Not sure any Court has ever decided the issue.