http://espn.go.com/college-sports/story/_/id/6970677/big-12-schools-face-economic-impact-shuffling
The highlight:
Yeah, if I had already spent 40 mil of money I was promised, I'd reserve my right to sue too.
The highlight:
There is a reason schools like Iowa State, Kansas State and Missouri are holding their ground in the A&M/SEC affair -- or at the very least approaching it with trepidation. The television deal that the Big 12 signed with Fox Sports Media Group for an estimated $90 million over a 13-year period beginning in 2012 allowed schools to begin major on-campus projects. The Big 12 still had three years remaining on a deal with ESPN/ABC, too.
Iowa State went ahead with projects after the Fox contract was completed and took out $40 million in bonds based on the deal. Iowa State has invested $5 million in a new video board, $20 million in a football building and an estimated $15 million in a sports complex for track, soccer and softball. The video board project began in July for this football season and the other two projects are under construction.
Yeah, if I had already spent 40 mil of money I was promised, I'd reserve my right to sue too.