CU Exit Fee?

Discuss the MVC hoops season here.

Re: CU Exit Fee?

Postby isumvc1 » March 23rd, 2013, 5:03 pm

bleach wrote: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.


I assume after this years' tourney the MVC loses the 4 units from the 2007 tourney. But so far we'll have 4 units from the 2013 tourney. So hopefully WSU and CU can keep winning.

If both CU and WSU lose this weekend then the MVC will have 13 NCAA units from the past 6 years.

the next 2 years we only lose 1 unit per year, in 2008 and 2009 the MVC only gained 1 NCAA unit from the tourney
isumvc1
MVC Hall Of Famer
MVC Hall Of Famer
 
Posts: 2838
Joined: August 7th, 2010, 7:18 pm
Location: just west of the middle of nowhere

Re: CU Exit Fee?

Sponsor

Sponsor
 

Re: CU Exit Fee?

Postby Someone_Else » March 23rd, 2013, 5:29 pm

For perspective, I believe the A10 splits their units 75/25 with 75% going to the team that earns them and the remaining 25% split with the league. I would guess that the new Big East would be similar. Regardless, CU is going to be getting more than enough TV money to make up for the loss of their credits from the MVC.
Someone_Else
MVC Recruit
MVC Recruit
 
Posts: 17
Joined: January 9th, 2013, 12:06 pm

Re: CU Exit Fee?

Postby cu36 » March 24th, 2013, 2:07 am

I guess it can be assumed that CU doesn't have enough money to hire an accountant... This is a huge problem because, as everyone can see, CU has no money at all. CU will flounder in this new league and everyone will be saying "I told you so".

I'm not saying that CU is going to break into the Big E and dominate, but to say that money is going to hold them back is silly. Do you really think that hasn't been addressed by people a little more 'in the know' than you are?

I do say that knowing that cold and many other fans know more about CU financial records than CU does. So I apologize in advance for being wrong.
cu36
MVC Bench Warmer
MVC Bench Warmer
 
Posts: 38
Joined: January 10th, 2011, 2:00 am

Re: CU Exit Fee?

Postby MVCfans » March 24th, 2013, 6:44 am

isumvc1 wrote:
bleach wrote: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.


I assume after this years' tourney the MVC loses the 4 units from the 2007 tourney. But so far we'll have 4 units from the 2013 tourney. So hopefully WSU and CU can keep winning.

If both CU and WSU lose this weekend then the MVC will have 13 NCAA units from the past 6 years.

the next 2 years we only lose 1 unit per year, in 2008 and 2009 the MVC only gained 1 NCAA unit from the tourney

The timing couldn't have been better as you pointed out, since the windfall from having 4 teams in the NCAAs in 2006 will disappear. This year could provide even more financially - at least 5 right now units, with the possibility of more if CU upsets Duke or Wichita State continues winning.
User avatar
MVCfans
MVCfans.com
MVCfans.com
 
Posts: 3705
Joined: August 3rd, 2010, 9:09 pm

Re: CU Exit Fee?

Postby isumvc1 » March 24th, 2013, 10:07 am

MVCfans wrote:
isumvc1 wrote:
bleach wrote: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.


I assume after this years' tourney the MVC loses the 4 units from the 2007 tourney. But so far we'll have 4 units from the 2013 tourney. So hopefully WSU and CU can keep winning.

If both CU and WSU lose this weekend then the MVC will have 13 NCAA units from the past 6 years.

the next 2 years we only lose 1 unit per year, in 2008 and 2009 the MVC only gained 1 NCAA unit from the tourney

The timing couldn't have been better as you pointed out, since the windfall from having 4 teams in the NCAAs in 2006 will disappear. This year could provide even more financially - at least 5 right now units, with the possibility of more if CU upsets Duke or Wichita State continues winning.


I think the 8 units from 2006 have already disappeared. We get 2013 units, plus the last 5 years, so '12, '11, '10, '09, '08.

In '08 and '09 we only earned 1 unit, so we won't lose much the next 2 years. Hopefully the MVC steps it up again in 2014 with multiple bids and wins in the NCAA
isumvc1
MVC Hall Of Famer
MVC Hall Of Famer
 
Posts: 2838
Joined: August 7th, 2010, 7:18 pm
Location: just west of the middle of nowhere

Re: CU Exit Fee?

Postby MVCfans » March 24th, 2013, 10:34 am

isumvc1 wrote:
MVCfans wrote:The timing couldn't have been better as you pointed out, since the windfall from having 4 teams in the NCAAs in 2006 will disappear. This year could provide even more financially - at least 5 right now units, with the possibility of more if CU upsets Duke or Wichita State continues winning.


I think the 8 units from 2006 have already disappeared. We get 2013 units, plus the last 5 years, so '12, '11, '10, '09, '08.

In '08 and '09 we only earned 1 unit, so we won't lose much the next 2 years. Hopefully the MVC steps it up again in 2014 with multiple bids and wins in the NCAA

You are correct. It will be interesting to see what happens when the MVC adds a school or more than 1 school. I assume they will immediately get a full share of the MVC units, but who knows? Part of me wonders if the Presidents wouldn't mind sitting at 9 teams for 2013-14.
User avatar
MVCfans
MVCfans.com
MVCfans.com
 
Posts: 3705
Joined: August 3rd, 2010, 9:09 pm

Re: CU Exit Fee?

Postby Someone_Else » March 24th, 2013, 1:21 pm

With the nBE stopping at 10 it makes it hard for the A10 and MVC to make a move. I think the big questions are "Can Gonzaga place their non basketball teams in another league?"
"Is Fox's money firm? Meaning does the nBE dilute each school's share by going to 12 or will Fox increase to keep money equal?"
"Can St. Louis keep up the success?"
Does the nBE want to remain east coast(adding Richmond) or move more midwest (adding STL and Dayton) or do they stay put?"

Moving to the nBE is a no brainer for Creighton with more money and more prestige playing traditional powers and appearing consistently on a better network. If the nBe decides to add some combo of STL and richmond or dayton would the A10 stay east coast and add a couple teams like GMU and Sienna or would they decide to move midwest and pod adding some MVC teams if the nBE is content at 10?

I would think that the MVC and A10 stays put at least for this next year to see what happens next.
Someone_Else
MVC Recruit
MVC Recruit
 
Posts: 17
Joined: January 9th, 2013, 12:06 pm

Re: CU Exit Fee?

Postby isumvc1 » March 24th, 2013, 1:36 pm

Someone_Else wrote:With the nBE stopping at 10 it makes it hard for the A10 and MVC to make a move. I think the big questions are "Can Gonzaga place their non basketball teams in another league?"
"Is Fox's money firm? Meaning does the nBE dilute each school's share by going to 12 or will Fox increase to keep money equal?"
"Can St. Louis keep up the success?"
Does the nBE want to remain east coast(adding Richmond) or move more midwest (adding STL and Dayton) or do they stay put?"

Moving to the nBE is a no brainer for Creighton with more money and more prestige playing traditional powers and appearing consistently on a better network. If the nBe decides to add some combo of STL and richmond or dayton would the A10 stay east coast and add a couple teams like GMU and Sienna or would they decide to move midwest and pod adding some MVC teams if the nBE is content at 10?

I would think that the MVC and A10 stays put at least for this next year to see what happens next.


it does seem like the MVC's and A-10's hands are tied until the nBE decides what they want to do eventually. I would bet you're right. I am starting to think the MVC will stay at 9 this next year, then see what happens in the spring of 2014. Maybe we will get EXTREMELY lucky and both Dayton and SLU will be left out of the nBE. I still doubt they'd ever want to be in the MVC though.

The MVC could still add one for now though, and then go to 12 ONLY if schools like Dayton and SLU would want to join.
isumvc1
MVC Hall Of Famer
MVC Hall Of Famer
 
Posts: 2838
Joined: August 7th, 2010, 7:18 pm
Location: just west of the middle of nowhere

Re: CU Exit Fee?

Postby isumvc1 » March 24th, 2013, 3:35 pm

taken from the Panther message board, looks like each NCAA unit this year is $245,514

http://www.forbes.com/sites/chrissmith/ ... 5-million/
isumvc1
MVC Hall Of Famer
MVC Hall Of Famer
 
Posts: 2838
Joined: August 7th, 2010, 7:18 pm
Location: just west of the middle of nowhere

Previous

Return to Missouri Valley Conference Basketball

Who is online

Users browsing this forum: No registered users and 54 guests