If 8 of 10 vote to dissolve the conference, there is no buyouts, their is no conference to pay, its just over. So if 8 schools find landing spots there will be no payouts, Because none of them will want to pay.
Where Will ISU End Up if the Big 12 Implodes?
- Thread starter Gunnerclone
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When you see some of the half-empty stadiums at a few of the Big Ten schools, ISU looks good in comparison. And we will be more of a partner than Nebraska has been.
Whichever 2 are left without lifeboats in a scenario where 8 schools are happy and say "Bye" are still going to bring out big law firms and will likely get a tidy settlement sum to try to keep their coaches around in their early seasons in the AAC.
Its worth a lot less than what we are making now, and a fraction of what the other 4 power conferences are/will get.
They can bring lawsuits but their overall standing legally is weak because that is how it is written in the contract they agreed upon, needless to say their payoff will be substantially less than if only 7 teams vote to dissolve the conference and all that leave have to pay the buyout.
I'd like to read the contract to know whether under its terms the parties can incur a significant liability and then also exercise dissolution rights before that liability comes due. This sounds to me like a breach of the covenant of good faith and fair dealing, and discovery could shine some light on that (which I imagine UT, OU, and the SEC would pay a hefty sum to avoid).
There are also non-contractual claims that may be appropriate, like tortious interference (this should sound familiar to people who were around back in 2010).
The fact is that this goes to court unless all 10 teams are peachy keen with their landing spots, which feels like a pipe dream at this point.
I believe TX and OU are counting on this. They announce their move and the other schools will scamble to find their new conferences sooner rather than later. This will likely occur well before the current Big 12 contact expires four years from now. I was listening to a Dallas sports radio discuss the breakup of the old SW Conference the other day. It was awkward with a lot of hard feelings. I can't imagine this will drag on for another four years.
There was something about a 12 hour clause I read about the other day that OU and TX had 12 hours to notify the conference, but clearly that never happened, since this has been going on for months, but Im sure there is more technical details to all of this that we will never really know.
There I am sure a lot of fine print in all the contracts, whether that is good for one side or the other who knows.
But on the surface that is what it takes. Hopefully everyone finds a home and fast, and we wont have to worry about it. I just would like to force TX and OU to pay considering they are the ones that started it, but I am sure they know that by doing this everyone else will leave and they will not have any liability left.
I've been thinking about a post a couple of days ago, where somebody said if Iowa/Iowa State tables were turned and Iowa was looking to come into our conference. We wouldn't be receptive to that, we wouldn't want to bail them out, make them stronger. I'm not so sure.
Sure the fans don't like each other, the rivalry history and all that. But would we want to see the other large State institution lose its' Power status? I know many on here will simply say yes. I say no. There is a tremendous benefit to the State to continue the status quo, continue the existing prosperity for both universities.
Do I say this because we are on the outside looking in? Maybe. If I was in Iowa's shoes, yes my first inclination would be to say, too bad so sad and go on my happy way. When thought through however, I think I would want Iowa to succeed as a strong university. I think Iowa will ultimately feel the same about us and not want to see ISU fail. Especially when it is not just about us, but college football in general.
If the proposal comes to invite ISU to the BIG, that it would be beneficial to the conference, and college football and athletics in general, I don't think they will fight it TOO hard. The key is how the rest of the conference feels. Is it something that is needed to not only benefit us in the BIG, to keep up with the SEC, but to also keep college football viable and strong.
Sure the fans don't like each other, the rivalry history and all that. But would we want to see the other large State institution lose its' Power status? I know many on here will simply say yes. I say no. There is a tremendous benefit to the State to continue the status quo, continue the existing prosperity for both universities.
Do I say this because we are on the outside looking in? Maybe. If I was in Iowa's shoes, yes my first inclination would be to say, too bad so sad and go on my happy way. When thought through however, I think I would want Iowa to succeed as a strong university. I think Iowa will ultimately feel the same about us and not want to see ISU fail. Especially when it is not just about us, but college football in general.
If the proposal comes to invite ISU to the BIG, that it would be beneficial to the conference, and college football and athletics in general, I don't think they will fight it TOO hard. The key is how the rest of the conference feels. Is it something that is needed to not only benefit us in the BIG, to keep up with the SEC, but to also keep college football viable and strong.
It’s b10 unless OU and UT stay put. We will know soon.
So is the tortious interference on behalf of the teams that are leaving, or the media companies (espn and/or Fox)?
I think fans would probably tell them to go **** themselves.
But on the other hand, actual decision makers, and executives, should welcome the school to their conference. Both universities exist to benefit Iowans. It is undeniable that the best outcome for the state is both schools in a major conference.
It also helps here that both UI and ISU are under a single Board of Regents. UT and TAMU are not. UI's president answers to the same board that has to look out for ISU's best interests, too.
I will say this. If the B1G invites KU (with or without ISU) - the whole "Football is the only factor" turns to 100% ********.
It could be both but I would be more surprised if FOX sued anybody. Tortious interference would be a claim by any party to the contract that an outside party basically meddled and tried to break up that contract. Here, it would be the existing Big 12 schools suing the SEC. In theory they could sue ESPN as well for the same reason, although it is complicated a bit by ESPN also being a party to the Big 12 media contract itself.
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I am new to the board, Cytown. I don't know personalities of the various posters, so I am just going to ask if this thought is an educated opinion or do you know something more concrete that allows you to share this view?
Appreciate your insight!
This is yelling into a void, but are you aware of the business strategies of Disney, Netflix, Apple, etc......? Or maybe they don't understand where their industry is headed as well as you.
Ignore Deadeyededric and you will be fine.
