Wazzu’s law school sucks
Comments
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LawCoug1, true?
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Wilner says:
Our reading of the bylaws indicates the eight outgoing schools could be entitled to their standard revenue shares for the 2023-24 sports season, which would greatly diminish the available funds for the continuing members.
Here’s the applicable section on rules governing withdrawal:
“No member shall deliver a notice of withdrawal to the Conference in the period beginning on July 24, 2011, and ending on August 1, 2024; provided, that if any member does deliver a notice of withdrawal prior to August 1, 2024, in violation of this chapter, the Conference shall be entitled to an injunction and other equitable relief to prevent such breach,
“and if a court of competent jurisdiction shall deny the Conference such injunctive relief, the Conference shall be entitled to retain all the media and sponsorship rights in the multi-player video distribution (MPVD) and telecommunications/wireless categories of the member purporting to withdraw through August 1, 2024, even if the member is then a member of another conference or an independent school for some or all intercollegiate sports competitions.
“Additionally, if a member delivers notice of withdrawal in violation of this chapter, the member’s representative to the CEO Group shall automatically cease to be a member of the CEO Group and shall cease to have the right to vote on any matter before the CEO Group.”
Could the revenue be withheld? Final judgment undoubtedly will be rendered by the lawyers, who must determine “the real damages” inflicted upon the four remaining schools, according to a source.
But this much is known: The Pac-12 finished the 2022 fiscal year with $42.7 million in net assets, which includes the emergency reserve funds controlled by the presidents — the presidents of the four remaining schools.
What about the liabilities?
Our assumption is the payments due Comcast will be deducted from the campus distributions to all 12 schools in the spring, removing them from the books beyond June 30, 2024.
But the technological infrastructure underpinning the Pac-12 Networks must be accounted for; the same goes for the lease on the new property in San Ramon.
The Pac-12’s chief financial officer, Morane Kerek, who was hired in June, has a busy few weeks ahead.
And one more point:
If desired, the four schools could attempt to play the hardest of hardball and declare the eight outgoing members ineligible for Pac-12 titles in 2023-24 — and thus any automatic bids to NCAA championships.
There is precedent for such action. In 2012, the Colonial Athletic Association declared its three departing members, VCU, George State and Old Dominion, ineligible for championships.
We’re skeptical Stanford, Cal, WSU and OSU would take that step.
But like everything else, it’s on the spectrum of possibilities during this tumultuous stretch. -
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BleachedAnusDawg said:
Wilner says:
Our reading of the bylaws indicates the eight outgoing schools could be entitled to their standard revenue shares for the 2023-24 sports season, which would greatly diminish the available funds for the continuing members.
Here’s the applicable section on rules governing withdrawal:
“No member shall deliver a notice of withdrawal to the Conference in the period beginning on July 24, 2011, and ending on August 1, 2024; provided, that if any member does deliver a notice of withdrawal prior to August 1, 2024, in violation of this chapter, the Conference shall be entitled to an injunction and other equitable relief to prevent such breach,
“and if a court of competent jurisdiction shall deny the Conference such injunctive relief, the Conference shall be entitled to retain all the media and sponsorship rights in the multi-player video distribution (MPVD) and telecommunications/wireless categories of the member purporting to withdraw through August 1, 2024, even if the member is then a member of another conference or an independent school for some or all intercollegiate sports competitions.
“Additionally, if a member delivers notice of withdrawal in violation of this chapter, the member’s representative to the CEO Group shall automatically cease to be a member of the CEO Group and shall cease to have the right to vote on any matter before the CEO Group.”
Could the revenue be withheld? Final judgment undoubtedly will be rendered by the lawyers, who must determine “the real damages” inflicted upon the four remaining schools, according to a source.
But this much is known: The Pac-12 finished the 2022 fiscal year with $42.7 million in net assets, which includes the emergency reserve funds controlled by the presidents — the presidents of the four remaining schools.
What about the liabilities?
Our assumption is the payments due Comcast will be deducted from the campus distributions to all 12 schools in the spring, removing them from the books beyond June 30, 2024.
But the technological infrastructure underpinning the Pac-12 Networks must be accounted for; the same goes for the lease on the new property in San Ramon.
The Pac-12’s chief financial officer, Morane Kerek, who was hired in June, has a busy few weeks ahead.
And one more point:
If desired, the four schools could attempt to play the hardest of hardball and declare the eight outgoing members ineligible for Pac-12 titles in 2023-24 — and thus any automatic bids to NCAA championships.
There is precedent for such action. In 2012, the Colonial Athletic Association declared its three departing members, VCU, George State and Old Dominion, ineligible for championships.
We’re skeptical Stanford, Cal, WSU and OSU would take that step.
But like everything else, it’s on the spectrum of possibilities during this tumultuous stretch. -
America would love watching an 8-5 beaver team with 2 wins over the coug play in the rose bowl. What could possibly go wrong?GrundleStiltzkin said:BleachedAnusDawg said:Wilner says:
Our reading of the bylaws indicates the eight outgoing schools could be entitled to their standard revenue shares for the 2023-24 sports season, which would greatly diminish the available funds for the continuing members.
Here’s the applicable section on rules governing withdrawal:
“No member shall deliver a notice of withdrawal to the Conference in the period beginning on July 24, 2011, and ending on August 1, 2024; provided, that if any member does deliver a notice of withdrawal prior to August 1, 2024, in violation of this chapter, the Conference shall be entitled to an injunction and other equitable relief to prevent such breach,
“and if a court of competent jurisdiction shall deny the Conference such injunctive relief, the Conference shall be entitled to retain all the media and sponsorship rights in the multi-player video distribution (MPVD) and telecommunications/wireless categories of the member purporting to withdraw through August 1, 2024, even if the member is then a member of another conference or an independent school for some or all intercollegiate sports competitions.
“Additionally, if a member delivers notice of withdrawal in violation of this chapter, the member’s representative to the CEO Group shall automatically cease to be a member of the CEO Group and shall cease to have the right to vote on any matter before the CEO Group.”
Could the revenue be withheld? Final judgment undoubtedly will be rendered by the lawyers, who must determine “the real damages” inflicted upon the four remaining schools, according to a source.
But this much is known: The Pac-12 finished the 2022 fiscal year with $42.7 million in net assets, which includes the emergency reserve funds controlled by the presidents — the presidents of the four remaining schools.
What about the liabilities?
Our assumption is the payments due Comcast will be deducted from the campus distributions to all 12 schools in the spring, removing them from the books beyond June 30, 2024.
But the technological infrastructure underpinning the Pac-12 Networks must be accounted for; the same goes for the lease on the new property in San Ramon.
The Pac-12’s chief financial officer, Morane Kerek, who was hired in June, has a busy few weeks ahead.
And one more point:
If desired, the four schools could attempt to play the hardest of hardball and declare the eight outgoing members ineligible for Pac-12 titles in 2023-24 — and thus any automatic bids to NCAA championships.
There is precedent for such action. In 2012, the Colonial Athletic Association declared its three departing members, VCU, George State and Old Dominion, ineligible for championships.
We’re skeptical Stanford, Cal, WSU and OSU would take that step.
But like everything else, it’s on the spectrum of possibilities during this tumultuous stretch. -
“No member shall deliver a notice of withdrawal to the Conference in the period beginning on July 24, 2011, and ending on August 1, 2024; provided, that if any member does deliver a notice of withdrawal prior to August 1, 2024, in violation of this chapter, the Conference shall be entitled to an injunction and other equitable relief to prevent such breach,
Who is leaving before 8/1/2024? I think it is clear that all schools who are leaving are leaving after that date, hence no leprechaun treasure for Cuog.
Also, since nobody is leaving until after that date, how’s it possible for the schools left out to change the rules? Their 4 votes don’t supersede the other 8, until after 8/1/2024. -
Go ahead and be petty. No one will give a shit when Troy Taylor cucks a 7-5 beavlet team.
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Yet, another cunty cuog...huskyhooligan said: -
So fucking delusionalhuskyhooligan said:
"It was not a garbage deal."
Fucking cougs know nothing about football. They deserve being relegated to G5 status and have all their games streamed on Apple
