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UConn Athletics
Conference Realignment Board
B12 and ACC on the clock!
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[QUOTE="Blades, post: 4652411, member: 9906"] Don't know if it's been mentioned in a while so here's the BE details `( Courant - 2019 ) on.... [B]Withdrawal fee[/B] If UConn decides to leave the Big East, it will have to pay a hefty fee. The terms of the contract state that UConn will be responsible for paying the conference $30 million if it withdraws within the first six years of membership. If the school bails within a three-year period after that, $15 million is owed. After 10 years, UConn would owe $10 million. A withdrawal fee can be split up into four payments, if necessary. [B]UConn a higher risk[/B] If $30 million for a withdrawal fee seems like a lot, that’s because it is. The cost for UConn to leave the conference is steeper than other Big East schools because it plays football. The sport gives UConn an incentive to leave for another conference where the payout may be larger. “Such program could, as it has in the past, create a misalignment of interests with the other members,” the contract reads. “…a future withdrawal by the university, whether to realign its football program with the basketball and other programs it is moving into the conference or otherwise, could cause unique harm and substantial damage to the conference, the amount of which cannot be calculated with precision.” The deal also prevents UConn from participating in a Power 5 conference in football. [/QUOTE]
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UConn Athletics
Conference Realignment Board
B12 and ACC on the clock!
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