Buy Out/Buy In

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Buy Out/Buy In

Postby lurkingdog » April 4th, 2013, 6:34 pm

Mike Hutton of the (Gary, Indiana) Post-Tribune says there's a $1million buy in requirement for the MVC. He also said the Horizon has a $1million buy out. Don't know if either claim is true. I suppose UIC would have the dough...don't know about Valparaiso or Loyola.

A possible additional complication for Valpo...sacrifice of NCAA tournament money if they switch conferences. I don't know how that money is split in the Horizon. If Valpo doesn't have to share the credits they earned equally with everyone in the Horizon, money for playing/advancing in the tourney might be a consideration.
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Buy Out/Buy In

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Re: Buy Out/Buy In

Postby IllinoisState » April 4th, 2013, 7:10 pm

That's a lot of money. I thought that the Missouri Valley's was in the $300,000's, and I've never heard of a buy in. If true, that doesn't sound like a good move for a conference with only nine members.
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Re: Buy Out/Buy In

Postby rlh04d » April 4th, 2013, 9:20 pm

IllinoisState wrote:That's a lot of money. I thought that the Missouri Valley's was in the $300,000's, and I've never heard of a buy in. If true, that doesn't sound like a good move for a conference with only nine members.

That's what I was thinking.
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Re: Buy Out/Buy In

Postby LanceShock » April 5th, 2013, 6:45 am

You can always decide to waive the buy in.
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