[Husker] Reflections on the Big Move

[Dick Karre]

Andy Knipp wrote:
> I *thought* I read that there was no penalty if you left 2 years to go. So I am confused why CU gets hit. It *sounds* like the penalty would apply to NU (but you have to figure the B10++ would make some kind of accomidation).
>
>   

The bylaws are confusing, to say the least. The relevant provisions are 
in section 3. They speak to giving notice of withdrawal two years before 
the end of the "Current Term" of the agreement (July 1, 2006) or of the 
then effective "Additional Term". In that case, the withdrawing member 
loses half of its revenue share. I think that's what applies to CU, 
though it isn't clear because the document doesn't spell out the length 
of any "Additional Terms" or when they take effect. Schools who give 
less than the required notice lose more: 80% if the notice is less than 
18 months, but more than a year. That would be the provision applicable 
to NU - I think. If I'm right about this, NU would lose 80% of its 
revenue share for one year, while CU would lose half of its share for 
two years.

You can find the bylaws here:
http://www.big12sports.com/fls/10410/pdfs/handbook/Bylaws.pdf?DB_OEM_ID=10410
Caution: Reading this document may lead to blindness and/or insanity. I 
am a professional; do not try this at home.

-- 
Dick Karre
dkarre at comcast.net