San Diego State must give notice to Mountain West by June 30 if it wants to play elsewhere in 2024-25 or the exit fee doubles to an estimated $34 million
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-> San Diego State must give notice to Mountain West by June 30 if it wants to play elsewhere in 2024-25 or the exit fee doubles to an estimated $34 million <-
-> Departure — or “resignation” in the Mountain West bylaws — before the current media rights deal expires comes with a financial penalty because, presumably, its television partners could invalidate the contract and renegotiate for less money without its highest profile member. Give a one-year notice by June 30, and the exit fee is triple the most recent average annual payout per school — estimated between $5 million and $6 million this year, or roughly $17 million total.
Leave after that for 2024-25, and the exit fee doubles to $34 million.
“We can’t pay the (extra) amount,” Wicker said of missing the June 30 deadline. “Everyone is aware of that, so we’re continuing to have conversations about that.” <-