I guess I am hung up.
They keep talking in the $500k range for the ESPN rights in the Sun Belt; and all that leverage. 5 (FIVE) schools are the beneficiaries of the Exit Fees. $36m. Divided by 5. What am I missing?
At that largesse, you can throw cash at some of the newby targets. Both Sunbelt and CUSA are what we think they are: Training ground for the next realignment; platform for start-ups in top markets (UTSA, Charlotte, Georgia State); a fun Saturday throwaround.
Of course, UCONN got a whole pile of exit fees back in the day - none of it seemed to come to me.