A&M and Missouri get the settlement to leave the Big XII

[ScottVib]

Missouri's and Texas A&M's price tags for leaving the Big 12 will be $12.41 million each, the conference announced on Tuesday.
In the fall of 2010, both schools announced they would be leaving the Big 12 on July 1, 2012. Big 12 bylaws state that universities that provide less than 12 months' notice are subject to having 90 percent of their conference revenue withheld. That total was estimated at nearly $30 million for each school, but lawyers for both sides settled on $12.41 million.

$20 million for WVU out of the Big East early... 12.4 million to leave the Big XII. Will be interesting to see the MAC exit fee for Temple.

 

[TRest]

It's a seller's market.

 

[huskypantz]

I guess the bottom line here is conference bylaws aren't worth the paper they're printed on.

 

[ScottVib]

I guess the bottom line here is conference bylaws aren't worth the paper they're printed on.

Or to quote DiBiase:
"Everybody's got a price"