CU Exit Fee?

[MVCfans]

The $240k per unit counts in each of the next 6 years. So, right now the Valley will have at least 4 units for 2013. That's roughly $1M in units to the MVC in each of the next six years (in addition to the sums of the previous 5 years) and so on.

Here is a good explanation: http://www.bloguin.com/runthefloor/2012 ... ament.html

[isumvc1]

so if 2012 units were worth $258,000+ then 2013 units should be well over $260,000 right?

and I thought I read that the MVC schools that earn the units get one extra share? So even though there are 10 schools in the MVC, the units are divided 11 ways? So if only one school from the MVC makes the tourney, then they receive 2 shares and the other 9 schools receive 1 share?

Is that right?

[cu8493]

It is about 10% of what CU will get each year from television deal starting next year, so financially CU is way ahead by making the move. And of course, since BE also has ten teams and will almost certainly get more than one team in the NCAA each year going forward, it will not be long before CU's tourney share will be double what it is now getting in the MVC.

CU has been an above-averag team most years for more than 15 years - long before Doug showed up on campus. We will be just fine after Doug moves on.

[Snaggletooth]

It is about 10% of what CU will get each year from television deal starting next year, so financially CU is way ahead by making the move.

That may be true if CU just plans on not raising their athletic budgets. If CU plans to double their budgets to try and compete - then more power to them.

[PantherSigEp]

Creighton will have to significantly raise it's athletic budgets for all sports since their closest rivals go from being in Des Moines, Wichita and Springfield (MO) to St. Louis (after another 1-2 years), Milwaukee, Chicago. Butler will now be one of the closer rivals and they are about the same distance as E'ville and Indiana St, who would've been the furthest away.

We're talking about charter flights for most away games and 6-10 hr bus rides (minimum) for the sports that can't afford flights. That's going to add up very quick.

If it's all about the money and nothing else then Creighton will be fine. For those who enjoy watching the blue jays being successful and win and like traveling to support their team, you may be in for a rude awakening

[jaybydna]

Creighton will have to significantly raise it's athletic budgets for all sports since their closest rivals go from being in Des Moines, Wichita and Springfield (MO) to St. Louis (after another 1-2 years), Milwaukee, Chicago. Butler will now be one of the closer rivals and they are about the same distance as E'ville and Indiana St, who would've been the furthest away.

We're talking about charter flights for most away games and 6-10 hr bus rides (minimum) for the sports that can't afford flights. That's going to add up very quick.

If it's all about the money and nothing else then Creighton will be fine. For those who enjoy watching the blue jays being successful and win and like traveling to support their team, you may be in for a rude awakening

Owh reported that travel costs combined for all sports would increase $175k per year.

[isumvc1]

Creighton will have to significantly raise it's athletic budgets for all sports since their closest rivals go from being in Des Moines, Wichita and Springfield (MO) to St. Louis (after another 1-2 years), Milwaukee, Chicago. Butler will now be one of the closer rivals and they are about the same distance as E'ville and Indiana St, who would've been the furthest away.

We're talking about charter flights for most away games and 6-10 hr bus rides (minimum) for the sports that can't afford flights. That's going to add up very quick.

If it's all about the money and nothing else then Creighton will be fine. For those who enjoy watching the blue jays being successful and win and like traveling to support their team, you may be in for a rude awakening

Owh reported that travel costs combined for all sports would increase $175k per year.

will Creighton's non revenue sports teams be able to bus to any of their games/events in the new BE (with 10 teams) or will all sports have to fly to every event? Just curious.

[bleach]

If each unit is $250k then,
Each unit is split into 10 equal shares = $25k/share
Team earning the unit gets 2 shares
CU will have their shares split between the remaining 9 teams
At present, each of the 9 schools will recieve 4 $25k shares plus the $25k x 2 split 9 ways (.22 shares each) that belonged to CU. WSU gets an additional 4 shares by earning the units.

Or
WSU gets 8.22 shares = 205.5k
all others get 4.22 shares = 105.5k
I do not know if this is spread over 6 years or each yr.

[DoubleJayAlum]

For those who enjoy watching the blue jays being successful and win and like traveling to support their team, you may be in for a rude awakening

For weekday games, Creighton only has ONE opponent in the mVC that fans can go watch the game and get back home at a decent hour for work the next day. Yes, we'll miss that Drake game, but it isn't like we can really travel to the other games without a hotel stay anyway.

[isumvc1]

Jays fans, congrats on the women's team winning today, how much is each game played worth in the women's tourney? Does anyone know?