Catholic 7 Meeting?

[Boozemon Barro]

If the football schools teams abandon the NCAA for a college football system that is not associated with the NCAA in any way, wouldn't the NCAA penalize the institutions that did so for other sports?

i.e. Lets say the Big 4 conferences split away for football. Could those schools keep their non-football sports in the NCAA?

My real thought is that if major-conference football breaks away, wouldn't major-conference basketball be *forced* to break away too?

Yes especially when those Big 4 conference agree to start paying their football and basketball players.

[muguru]

From the Georgetown board....

"From a reliable source (hopefully more reliable than the Nerlens source ): The catholic schools are seriously considering splitting. While maintaining the Big East brand as their own. In addition, they would like to add St Louis, Xavier, Dayton, Butler and VCU. But the kicker I found interesting was that they believe they can also add Cinci, Uconn, Temple, and Memphis, rendering the current Big East football members to a football only conference which many believe would be better anyway. Ultimately the New Big East would have 16 members in all sports (minus football of course). They would keep MSG for conference tourney. Would have markets in NY, Chicago, DC, Philly, among others. And would be a competitive top 5 basketball conference that also allows for other sports to keep a more regional schedule. In addition, ESPN has hinted that they would be willing to pay somewhere in the range of 20-25 million for this arrangement, which would be similar to any deal that they would get by remaining in the current set up. Found it all interesting. Thought Id share...."

http://hoyatalk2.proboards.com/index...d=26309&page=4

[Babybluejeans]

Benny, could you please explain a little more precisely how the 6-vote asset division would work?  Let's say the C-7 teams do vote to dissolve.  Then that means those same 7, after dissolving, can vote to "sell" the Big East brand, MSG rights, etc. to themselves, thus creating a new Big East? 

I'm interested in what specifically would have to happen (and what are potential roadblocks) to retain the Big East brand, since I believe that is a crucial consideration in this whole thing.

[chr31ter]

Officially a no-brainer:

http://ajerseyguy.com/?p=4202

But if they do decide to leave as a group, they will not have to pay an exit fee. A rule that was put in place almost a decade ago when the Big East lost Virginia Tech, Miami and then Boston  College to the ACC, stipulates that should the football or basketball segments of the league want to break away as a group no exit fees will be imposed. Schools leaving the Big  East on an individual basis have had to pay between $5 and $17 million.

With the seven Catholic schools talking about leaving the Big East as a group, the no exit fee clause would apply.

In addition, the Catholic schools would most likely be able to retain the Big East name as a conference, they would also be likely to retain the automatic NCAA tournament bid given to the Big East since they would be a group of schools who have established a long history of competition against each other.

And this ""new"" group would most likely still be able to collect the financially valuable units the NCAA gives to  conference schools who perform well in the NCAA tournament.

[ChicosBailBonds]

I'm not ripping Larry, he is doing his job here, great, glad he's earning his salary.  Why should I do backflips over something we've been talking about doing for 6 months?

How do we know Larry hasn't been doing this for the last 9 months?

[chapman]

From the Georgetown board....

"From a reliable source (hopefully more reliable than the Nerlens source ): The catholic schools are seriously considering splitting. While maintaining the Big East brand as their own. In addition, they would like to add St Louis, Xavier, Dayton, Butler and VCU. But the kicker I found interesting was that they believe they can also add Cinci, Uconn, Temple, and Memphis, rendering the current Big East football members to a football only conference which many believe would be better anyway. Ultimately the New Big East would have 16 members in all sports (minus football of course). They would keep MSG for conference tourney. Would have markets in NY, Chicago, DC, Philly, among others. And would be a competitive top 5 basketball conference that also allows for other sports to keep a more regional schedule. In addition, ESPN has hinted that they would be willing to pay somewhere in the range of 20-25 million for this arrangement, which would be similar to any deal that they would get by remaining in the current set up. Found it all interesting. Thought Id share...."

http://hoyatalk2.proboards.com/index...d=26309&page=4

I'd wet myself if this unfolds.  Also another point, that it's for the C7 to decide as well as far as those leftover football schools.  Strong basketball programs, they aren't all going to get into the ACC or Big 12 even if everyone goes to 16 (esp. Temple and Memphis), if their football program is going to drown in the MAC or CUSA they don't want to cast their basketball fate into that situation as well.  Do you take a couple strong basketball programs that doen't fit the profile of the other members?

[foreverwarriors]

Do you take a couple strong basketball programs that doen't fit the profile of the other members?

Yes...which is exactly why I think bootstrapping yourself to only Catholic schools is the dumbest thing ever.

[jficke13]

I'm 100% on board with bball only conference. It's high time for hoops schools to say enough is enough with minor league football ruining the sport. With the C-7 + Xavier, Dayton, Creighton, SLU, and Butler, there's a lot of great basketball in that league, with some room to expand too.

[jficke13]

Yes...which is exactly why I think bootstrapping yourself to only Catholic schools is the dumbest thing ever.

However, I do *not* think taking a school for all sports but football is a good idea. That's just a recipe for instability.

[MileHigh]

I think Cincy and UCONN get left out.  Yes they have bball programs and the new Big East could accommodate, but they are publicly campaigning to leave.  Let them leave.  If they become homeless, not our fault right?

[Benny B]

Benny, could you please explain a little more precisely how the 6-vote asset division would work?  Let's say the C-7 teams do vote to dissolve.  Then that means those same 7, after dissolving, can vote to "sell" the Big East brand, MSG rights, etc. to themselves, thus creating a new Big East?  

I'm interested in what specifically would have to happen (and what are potential roadblocks) to retain the Big East brand, since I believe that is a crucial consideration in this whole thing.

From the Big East by-laws:

ARTICLE XII - DISSOLUTION
12.01 Dissolution. The Conference may be dissolved upon a vote of at least two-thirds of all Directors. In the event of dissolution of the Conference, the Board, by a vote of a majority of all Directors present and eligible to vote, shall determine the basis for liquidation of Conference assets, if any, and the allocation, following the satisfaction of all Conference obligations, of net assets, as provided for in the Articles.
(Also see http://www.muscoop.com/index.php?topic=34636.msg424594#msg424594 for my interpretation of the by-laws.)

Basically, the CEO's of the ten voting members (C7 + USF, UCONN, Cincy) get together in Breakout Room 2A at the Holiday Inn Express.  There is one "Director" for each school, and one vote for each Director.  All ten Directors comprise the Board.  

First, the Board votes to dissolve.  C7 votes unanimously to dissolve, which needs a 2/3 majority.  Once the dissolution vote is taken, the Board then must vote as to how to liquidate the assets.  C7 votes unanimously to sell all assets of the Big East Conference to BEC LLC for ten dollars* and split the proceeds amongst the members (which only requires a majority of votes present, or 6 in this case).  Each Director is then given their dollar, and the meeting adjourns.  UCONN, Cincy and USF walk out in disgust, and once they're gone, the banner on the wall that says "Big East Conference" is flipped over to read "BEC LLC."  The meeting of BEC LLC is called back to order (having been in recess since 15 minutes before the dissolution vote), ratifies the purchase of the Big East assets and opens the movable wall separating Room 2A from 2B, where the CEO's from Butler, Xavier, Creighton, St Louis, etc. just happen to be comfortably seated sipping their complementary coffee.  BEC LLC then votes to change its name to Big East Conference, the banner is flipped back over, and a vote is taken to invite the new members.  NCAA is notified that UCONN, Cincy and USF are no longer members of the Big East.  MSG is given a change-of-address notice for all matters pertaining to its contract with the Big East.  And the new members walk down to Breakout Room 4 where representatives from ESPN, NBC, CBS, Fox Sports, Google, Apple, etc. are patiently awaiting the auction for TV rights to begin.

Once everything has concluded, Billy from the front desk calls to tell everyone they need to get out or else he has to charge them for another day's room rental.

*Pick a number.

[chapman]

How do we know Larry hasn't been doing this for the last 9 months?

Nah, he's clearly spending a few days a week in St. Louis taking notes on how to be like them, taking in ND football games and alumni dinners, and spending the rest of his time at Lids buying more super cool hats.

/teal

[frozena pizza]

I'm 100% on board with bball only conference. It's high time for hoops schools to say enough is enough with minor league football ruining the sport. With the C-7 + Xavier, Dayton, Creighton, SLU, and Butler, there's a lot of great basketball in that league, with some room to expand too.

Agreed.  For a long time I said we should hang in there as long as we can.  But if we can be proactive and put together this league and get a TV deal I'd say do it as soon as possible.  It's a great basketball conference that suits us perfectly.  I don't really care where they play the conference tournament, but I love the Barclay's Center idea.  No, it doesn't have the history of MSG, but it's a hell of a lot nicer.

[Benny B]

How do we know Larry hasn't been doing this for the last 9 months?

Or... how do we know that Larry wasn't the one that got the C7 off their collective rears the day after he was hired?

[foreverwarriors]

However, I do *not* think taking a school for all sports but football is a good idea. That's just a recipe for instability.

My saying that was more so that schools like VCU and Butler would be seen as acceptable.

[chapman]

I think Cincy and UCONN get left out.  Yes they have bball programs and the new Big East could accommodate, but they are publicly campaigning to leave.  Let them leave.  If they become homeless, not our fault right?

Yep, don't think Memphis and Temple will have many other options and would rather be with these schools and dump football elsewhere.  As far as Cincy and UConn, put the ball in their court: if they want to sign up we'll take them, but signing up involves agreeing to pay an exit fee that the happy basketball schools are going to keep nice and high.  If you've got a stable "core" of 7-12 it's not like one or two defections cause mass chaos in the conference or the 7-12 team core to go and invite Tulane and SMU as replacements.

[Oldgym]

From the Big East by-laws:

ARTICLE XII - DISSOLUTION
12.01 Dissolution. The Conference may be dissolved upon a vote of at least two-thirds of all Directors. In the event of dissolution of the Conference, the Board, by a vote of a majority of all Directors present and eligible to vote, shall determine the basis for liquidation of Conference assets, if any, and the allocation, following the satisfaction of all Conference obligations, of net assets, as provided for in the Articles.
(Also see http://www.muscoop.com/index.php?topic=34636.msg424594#msg424594 for my interpretation of the by-laws.)

Basically, the CEO's of the ten voting members (C7 + USF, UCONN, Cincy) get together in Breakout Room 2A at the Holiday Inn Express.  There is one "Director" for each school, and one vote for each Director.  All ten Directors comprise the Board.  

First, the Board votes to dissolve.  C7 votes unanimously to dissolve, which needs a 2/3 majority.  Once the dissolution vote is taken, the Board then must vote as to how to liquidate the assets.  C7 votes unanimously to sell all assets of the Big East Conference to BEC LLC for ten dollars* and split the proceeds amongst the members (which only requires a majority of votes present, or 6 in this case).  Each Director is then given their dollar, and the meeting adjourns.  UCONN, Cincy and USF walk out in disgust, and once they're gone, the banner on the wall that says "Big East Conference" is flipped over to read "BEC LLC."  The meeting of BEC LLC is called back to order (having been in recess since 15 minutes before the dissolution vote), ratifies the purchase of the Big East assets and opens the movable wall separating Room 2A from 2B, where the CEO's from Butler, Xavier, Creighton, St Louis, etc. just happen to be comfortably seated sipping their complementary coffee.  BEC LLC then votes to change its name to Big East Conference, the banner is flipped back over, and a vote is taken to invite the new members.  NCAA is notified that UCONN, Cincy and USF are no longer members of the Big East.  MSG is given a change-of-address notice for all matters pertaining to its contract with the Big East.  And the new members walk down to Breakout Room 4 where representatives from ESPN, NBC, CBS, Fox Sports, Google, Apple, etc. are patiently awaiting the auction for TV rights to begin.

Once everything has concluded, Billy from the front desk calls to tell everyone they need to get out or else he has to charge them for another day's room rental.

*Pick a number.

Awesome. Gotta be one the best posts ever on Scoop.

[BaltimoreMC]

From the Big East by-laws:

ARTICLE XII - DISSOLUTION
12.01 Dissolution. The Conference may be dissolved upon a vote of at least two-thirds of all Directors. In the event of dissolution of the Conference, the Board, by a vote of a majority of all Directors present and eligible to vote, shall determine the basis for liquidation of Conference assets, if any, and the allocation, following the satisfaction of all Conference obligations, of net assets, as provided for in the Articles.
(Also see http://www.muscoop.com/index.php?topic=34636.msg424594#msg424594 for my interpretation of the by-laws.)

Basically, the CEO's of the ten voting members (C7 + USF, UCONN, Cincy) get together in Breakout Room 2A at the Holiday Inn Express.  There is one "Director" for each school, and one vote for each Director.  All ten Directors comprise the Board.  

First, the Board votes to dissolve.  C7 votes unanimously to dissolve, which needs a 2/3 majority.  Once the dissolution vote is taken, the Board then must vote as to how to liquidate the assets.  C7 votes unanimously to sell all assets of the Big East Conference to BEC LLC for ten dollars* and split the proceeds amongst the members (which only requires a majority of votes present, or 6 in this case).  Each Director is then given their dollar, and the meeting adjourns.  UCONN, Cincy and USF walk out in disgust, and once they're gone, the banner on the wall that says "Big East Conference" is flipped over to read "BEC LLC."  The meeting of BEC LLC is called back to order (having been in recess since 15 minutes before the dissolution vote), ratifies the purchase of the Big East assets and opens the movable wall separating Room 2A from 2B, where the CEO's from Butler, Xavier, Creighton, St Louis, etc. just happen to be comfortably seated sipping their complementary coffee.  BEC LLC then votes to change its name to Big East Conference, the banner is flipped back over, and a vote is taken to invite the new members.  NCAA is notified that UCONN, Cincy and USF are no longer members of the Big East.  MSG is given a change-of-address notice for all matters pertaining to its contract with the Big East.  And the new members walk down to Breakout Room 4 where representatives from ESPN, NBC, CBS, Fox Sports, Google, Apple, etc. are patiently awaiting the auction for TV rights to begin.

Once everything has concluded, Billy from the front desk calls to tell everyone they need to get out or else he has to charge them for another day's room rental.

*Pick a number.

YES YES YES YES.  Exactly how it should/will go down. 

[GGGG]

I am assuming that selling assets for $10 would invite a lawsuit right?

[JD]

I'm not sure if it was Brew, or somebody else, but did someone have the numbers in regard to how much revenue Marquette brought from basketball to the Big East?  I thought i remember reading that Marquette was the most profitable within the last 10 years or something in providing revenue to the conference from the NCAA tournament?

I'm sick of reading how Marquette was an anchor from the CUSA and isn't "pulling their own weight"

Thanks.

[Pakuni]

Nah, he's clearly spending a few days a week in St. Louis taking notes on how to be like them, taking in ND football games and alumni dinners, and spending the rest of his time at Lids buying more super cool hats.

/teal

That's how LW spends his free time. More often that not, he's plotting and executing schemes to mess with Buzz's happy.

[Pakuni]

I am assuming that selling assets for $10 would invite a lawsuit right?

I think that no matter how this goes down, there will be lawsuits.

[real chili 83]

I question this whole automatic bid and MSG go away if we become basketball only.  The catholic 7 or whatever have the power to kick out the football schools for the next 6 months.  That means these 7 can retain the auto bid, MSG, AND the name and simply invite new schools in to build the league out to 10 or 12 teams.

Based on the rumbles, I'm willing to bet, the 7 are currently talking to schools like Creighton, Butler, Xavier, etc and assessing their interest and beginning negotiations to bring them in.  If they are doing this right, they will have the new schools in place behind the scenes, will call a BEast meeting, call the vote to jettison the football schools and rescind the existing offers then the next day announce they are extending offers to these list of 5 schools to join the BEast in all sports(with football not a sport at any of them save Villanova).  Those 5 schools with "think" about it for several days for appearance sake and then sign on the dotted line and we're done.

Agreed.  This is what will happen, and the tournament stays at MSG.

[JD]

Question for scoopers,  We all know MU will not have a football team for obvious reasons, but if the C-7 schools do indeed become a basketball only conference would these schools need another "secondary" sport to help with revenue?  Perhaps having a good baseball program, or soccer program would help.  Soccer is gaining popularity throughout America for about 10 years now, and baseball is America's past time. 

Having an institution lean so heavily on a sport other than football could be a recipe for conference instability for decades and decades. Just curious on thoughts of fellow scoopers. 

(yes i know the Marquette Men's soccer team did great this year) I'm talking about sustained success for another sport other than basketball, or does it really not matter?

[mu03eng]

How do we know Larry hasn't been doing this for the last 9 months?

What is he was, doesn't change that he should be.  Again, happy he is doing his job, but he is supposed to.