How Much Old BE/Exit Fee Money is keeping Uconn Afloat

[UConnRock]

This is UConn's lifeline for a few years as we await another round of realignment. There is no way that any team could survive and compete w/ the AAC's tv contract. I know the Catholics paid out a good chunk of change, but UConn also gets it's own exit fee money as well as NCAA credits from all that left. Does anybody have an estimate of UConn's total take as it may have to last for a few years?

 

[nelsonmuntz]

http://articles.courant.com/2013-03...ools-pittsburgh-and-syracuse-football-schools

Later reports estimated the number to be around $25MM total for USF, Cincinnati and UConn, payable over 4 years. It is not clear how much of it has already been paid out.

 

[AZHuskiePop]

http://articles.courant.com/2013-03...ools-pittsburgh-and-syracuse-football-schools

Later reports estimated the number to be around $25MM total for USF, Cincinnati and UConn, payable over 4 years. It is not clear how much of it has already been paid out.

Nelson those numbers sound low .
Could you please give a source?

 

[nelsonmuntz]

Nelson those numbers sound low .
Could you please give a source?

The source is in the quote box. Uconn, cincinnati and usf each ger $25 mm.

 

[WestHartHusk]

That sounds right. The total number was about $100m, but we gave some to the incoming members before we gave them a boatload of NCAA credits and our women's bball for free. Not sure what USF has contributed yet.

 

[Vuce]

This was year 1. So we will get 25 million paid out over 4 years - so $6.25 million paid out to us in 2013-14, 2014-15, 2015-16 and 2016-17 seasons.

 

[AZHuskiePop]

The source is in the quote box. Uconn, cincinnati and usf each ger $25 mm.

Sorry I misread your post. I thought you were saying they were dividing the 25.5mm
Between the 3 schools. That was a shocker.

 

[CL82]

This was year 1. So we will get 25 million paid out over 4 years - so $6.25 million paid out to us in 2013-14, 2014-15, 2015-16 and 2016-17 seasons.

...and don't forget that there is a time lag on our NCAA credits from this year as well.

 

[itgoeslike]

The final agreement which happened in May last year reportedly was closer to $20M each, with a payout over 4-5 years according to the UCF AD. The first link is a take on the Orlando Sentinel article (second link).

http://www.csnphilly.com/ncaa/aac-reaches-agreement-divide-big-east-exit-fees

http://articles.orlandosentinel.com...bury-american-athletic-conference-mike-aresco