ScottyBuff
Well-Known Member
Will CU really lose $15-20 million? Let me give you some facts and you should feel better about CU's ability to join the Pac-10.
ESPN article that shows CU got $8 million from the Big 12: http://espn.go.com/blog/big12/post/_/id/2094/how-the-big-12-teams-rank-in-revenue-sharing-funds
Big 12 bylaws: http://www.big12sports.com/fls/10410/pdfs/handbook/Bylaws.pdf?DB_OEM_ID=10410
The Big 12 bylaws state that if you give the Big 12 a two year notice, you lose 50% of that money for the last two years as a member of the conference. That means CU would lose $8 million from 2010-11 and 2011-12. CU's share could go down if the Buffs do not appear on TV as often. Suppose CU's share goes down to 6 million for those two years, the Buffs lose 6 million not 8 million.
Now if the Buffs were to start Pac-10 play in 2011, the Buffs would lose 80% of that amount which would translate to $12.8 million.
Nash,
Keep reading the rest of the Big 12 bylaws about the notice required in relation to the ending of each "additional term" in the agreement.
I've done quite a bit of study on this matter:
http://www.allbuffs.com/showthread.php/44402-Big-12-Buyout-15-million
I could be wrong, but would appreciate someone else taking a critical look at the issue. The Denver Post sportswriters all made the same assumption that you did, but they re-did their research and found they were wrong as well.