MUScoop

MUScoop => Hangin' at the Al => Topic started by: Pakuni on February 01, 2013, 02:42:54 PM

Title: Some financial details of C7/BE split
Post by: Pakuni on February 01, 2013, 02:42:54 PM
Apparently they've got about $68 million to divvy up. Some other interesting details in here.

http://www.cbssports.com/collegefootball/blog/jeremy-fowler/21628062/big-east-catholic-7-documents-note-688-million-in-realignment-funds
Title: Re: Some financial details of C7/BE split
Post by: 🏀 on February 01, 2013, 02:47:48 PM
QuoteObtained through a public records request of email correspondence of USF President Judy Genshaft, a Big East chair, starting Dec. 10, the MCA spells out several questions about the timing of the separation (scheduled July 30, 2015), the Big East namesake, the licensing agreement at Madison Square Garden and other "relative property" to sort out.


Anyone still think a public school will be easily admitted after seeing this? Sorry VCU.
Title: Re: Some financial details of C7/BE split
Post by: MU Fan in Connecticut on February 01, 2013, 03:34:11 PM
Quote from: PTM on February 01, 2013, 02:47:48 PM

Anyone still think a public school will be easily admitted after seeing this? Sorry VCU.

Interesting scenarios on MSG.  It's obviously desired.

Why not two conferences:
C-7 remains "The Big East" Conference
The remainder become "The Big East Football" Conference

No arguing over the name and it's differentiated (although strangely).
Title: Re: Some financial details of C7/BE split
Post by: honkytonk on February 01, 2013, 03:54:49 PM
And now the ACC is re-thinking where they want to host future tournaments...

http://espn.go.com/mens-college-basketball/story/_/id/8906054/acc-eyes-men-hoops-tournament-new-york-source-says

Knew this was going to happen.

Duke+UNC+Pitt+ND+SU > combined C7 presence in NY metro
Title: Re: Some financial details of C7/BE split
Post by: GGGG on February 01, 2013, 03:56:56 PM
Interesting that neither MSG or Barclays applied to host the ACC tournament...but the ACC might want to let that little detail go.
Title: Re: Some financial details of C7/BE split
Post by: honkytonk on February 01, 2013, 03:59:20 PM
Quote from: The Sultan of South Wayne on February 01, 2013, 03:56:56 PM
Interesting that neither MSG or Barclays applied to host the ACC tournament...but the ACC might want to let that little detail go.

September was the ACC's deadline to submit a proposal. Since then, a lot has changed...
Title: Re: Some financial details of C7/BE split
Post by: 🏀 on February 01, 2013, 04:00:37 PM
Quote from: honkytonk on February 01, 2013, 03:54:49 PM
And now the ACC is re-thinking where they want to host future tournaments...

http://espn.go.com/mens-college

-basketball/story/_/id/8906054/acc-eyes-men-hoops-tournament-new-york-source-says

Knew this was going to happen.

Duke+UNC+Pitt+ND+SU > combined C7 presence in NY metro

Sounds like the ACC wants a revolving tournament. Probably why MSG and the Barclays passed.
Title: Re: Some financial details of C7/BE split
Post by: honkytonk on February 01, 2013, 04:03:43 PM
Quote from: PTM on February 01, 2013, 04:00:37 PM
Sounds like the ACC wants a revolving tournament. Probably why MSG and the Barclays passed.

Im sure that's part of it.

But prior to September, Barclays was prob very happy with the A10 deal and MSG was reasonably happy with the Big East. Now, the membership of both conferences is completely different.
Title: Re: Some financial details of C7/BE split
Post by: AirPunches on February 01, 2013, 04:09:49 PM
I'm betting the ACC will look different by the time they would ever play in the Garden. Worst case, ACC takes the garden and the B7 takes the Barclays. Not a terrible trade off.
Title: Re: Some financial details of C7/BE split
Post by: NotAnAlum on February 01, 2013, 04:19:26 PM
Quote from: Pakuni on February 01, 2013, 02:42:54 PM
http://www.cbssports.com/collegefootball/blog/jeremy-fowler/21628062/big-east-catholic-7-documents-note-688-million-in-realignment-funds

Read down to the comments section where there is a post by someone with the handle Dorky.  I'm not sure his understanding is correct.  the C-7 left when they did because they held majority voting status with the depature of Louisville and Rutgers.  So while they may not have had the power to dissolve the conference its my understanding that they have more power than just to leave.  I think that until June 2013 they have the power to change the way funds are distributed and all kinds of other stuff.  They are not simply "departing".  They can change the landscape signficantly prior to leaving.  That is the gun that they have to the BE's head.  That is why the BE must negoitate with them and why this isn't just a big payday for UConn, Cinc and SF as he seems to think.
Title: Re: Some financial details of C7/BE split
Post by: Windyplayer on February 01, 2013, 04:20:56 PM
Quote from: honkytonk on February 01, 2013, 03:54:49 PM
And now the ACC is re-thinking where they want to host future tournaments...

http://espn.go.com/mens-college-basketball/story/_/id/8906054/acc-eyes-men-hoops-tournament-new-york-source-says

Knew this was going to happen.

Duke+UNC+Pitt+ND+SU > combined C7 presence in NY metro
I LOVE watching the BEast tourney at the Garden, there's obviously something special about that place, but there are a lot of great cities/stadiums to host a tournament. A few of the top of my head: Boston (TD Bank Garden), Chicago (United Center), Philadelphia (Wells Fargo), or NYC-Brooklyn (Barclays). No offense to those who dwell in smaller cities, but I just don't want to sign a long contract with a stadium in Indianapolis, Omaha, or Cleveland, or any of those cities that lack a strong urban identity [EDIT: Flair wasn't the right word].

As a disclaimer, I have no idea what sort of contracts the aforementioned arenas have with other conferences or teams or event organizers over the time period when the C7 would have their conference tourney. Just saying that there are likely some really good alternatives out there.    
Title: Re: Some financial details of C7/BE split
Post by: GGGG on February 01, 2013, 04:22:40 PM
Quote from: MARQ_13 on February 01, 2013, 04:09:49 PM
I'm betting the ACC will look different by the time they would ever play in the Garden. Worst case, ACC takes the garden and the B7 takes the Barclays. Not a terrible trade off.

The A10 has Barclays for awhile.
Title: Re: Some financial details of C7/BE split
Post by: Litehouse on February 01, 2013, 04:25:09 PM
If you had to choose one or the other, we get to keep the Big East name or MSG, what would it be?  I'd probably pick MSG.
Title: Re: Some financial details of C7/BE split
Post by: Windyplayer on February 01, 2013, 04:31:21 PM
Quote from: Litehouse on February 01, 2013, 04:25:09 PM
If you had to choose one or the other, we get to keep the Big East name or MSG, what would it be?  I'd probably pick MSG.
No question. MSG. Maybe not so cut and dry for fan bases of Providence, Seton Hall, Providence, Georgetown, and Villanova.
Title: Re: Some financial details of C7/BE split
Post by: AirPunches on February 01, 2013, 04:57:17 PM
Quote from: The Sultan of South Wayne on February 01, 2013, 04:22:40 PM
The A10 has Barclays for awhile.

Would the A10 still keep it when the B7 takes 4/5 of their top programs?
Title: Re: Some financial details of C7/BE split
Post by: honkytonk on February 01, 2013, 05:02:39 PM
Quote from: MARQ_13 on February 01, 2013, 04:57:17 PM
Would the A10 still keep it when the B7 takes 4/5 of their top programs?

When ND announced it was leaving the BE, an MSG spokesperson said that there were provisions in the contract that would allow them to get out of it if they didnt like the composition of the conference. I dont think Barclays has been asked yet since they havent faced drastic defections at this point.
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