nelsonmuntz
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- Aug 27, 2011
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Someone from the Big East office would email the main contact at ESPN the following:
A) A term sheet that had the following key points:
1) Per team payouts to Big East teams would be benchmarked off the higher of $18MM/year or the ACC's per team take. Hoops schools would get 50% of the football schools.
2) ESPN would agree to NEVER finance another conference's raid of the Big East under any construct or series of transactions, without the prior consent of the Big East. I.e. someone resigning from the Big East and joining another league counts as ESPN's participation in a raid.
3) Clause 2 would be retroactive to the beginning of the year. In other words, TCU, Syracuse and Pitt are all coming back.
B) A .pdf of the Blauschon article with Defillippo's money quote highlighted.
C) the text of the email would say "Don't ask questions, just sign the term sheet and return it."
Stop screwing around and asking nicely. Defillippo handed us a gigantic present. Time to unwrap it.
A) A term sheet that had the following key points:
1) Per team payouts to Big East teams would be benchmarked off the higher of $18MM/year or the ACC's per team take. Hoops schools would get 50% of the football schools.
2) ESPN would agree to NEVER finance another conference's raid of the Big East under any construct or series of transactions, without the prior consent of the Big East. I.e. someone resigning from the Big East and joining another league counts as ESPN's participation in a raid.
3) Clause 2 would be retroactive to the beginning of the year. In other words, TCU, Syracuse and Pitt are all coming back.
B) A .pdf of the Blauschon article with Defillippo's money quote highlighted.
C) the text of the email would say "Don't ask questions, just sign the term sheet and return it."
Stop screwing around and asking nicely. Defillippo handed us a gigantic present. Time to unwrap it.