[Husker] Reflections on the Big Move

[Dick Karre]

Rod Wellman wrote:
> It's been pointed out that the Big12 probably won't "send a bill".  Instead, it'll simply withhold the penalty/fine from the revenue distribution at the end of athletic year (which I think is about this time next year).  So, in essence, NU and CU would be the entities that would have to bring lawsuits to get the money back, a more difficult proposition than simply refusing to send a check.  Doesn't sound like a very promising scenario to me.  My suspicion is that we lose about $10 million in the move to the Big 10, unless the B12 falls apart completely tomorrow, and this is its last year of competition ever.  
>   
I suspect you're probably right. I saw something in one of the many 
articles I read today that I didn't know. The Big 12 is incorporated in 
Delaware (as are many companies). Under Delaware, law it would require 
only a majority vote to disband the conference; the Big 12 bylaws are 
silent on the issue. If you're keeping score at home, NU plus CU plus 
the five from the BTS equals seven, or exactly enough votes to disband. 
If all this is correct (I read it on the Internet, so it has to be 
true), it could get NU out for free.

-- 
Dick Karre
dkarre at comcast.net