Money question, who gets the early exit fees?

[Champions990411]

Does the money just stay in the coffers of the not-for-profit entity of the surviving Big East or do the surviving FB schools, UConn Cincy and USF derive direct economic benefit? Doesn't this soften the economic disparity between UConn, Cincy and the Big 10 ACC schools until UConn finds a new home?

 

[connectikev]

On the odd chance that the money is to be distributed on a "first come, first served" basis, I would like to officially time and date stamp my request to be first in line to get the money.
connectikev, c/o the Boneyard - 10:17AM (Eastern Standard Time) February 20th, the year of our Lord 2013.

 

[CTMike]

Been a while since I've read the bylaws but I believe that money is all due to UConn, Cinci, and USF. Not all of it has been collected, mind you. Some may never be. We shall see.

 

[CL82]

 

[B1GEast]

It will most likely be deposited into the new conference's bank account. Schools will not get this money. That money will be spent on Aresco's hair gel and 0n marketing the Titanic conference that we will soon be leaving.