It’s also exciting for existing Big 12 fan bases to see what new scheduling opportunities this presents. This is an exciting time for the new programs officially joining the Big 12. The Athletic mentioned the timeframe of when all this could happen, as due to the Big 12 bylaws, members need to give 18 months notice before leaving the conference and must pay a 80 million fee. Wildcat Authority, which covers the University of Arizona, wrote that sources indicated that the meeting would be about Arizona, Arizona State, Utah, and. Unless another major unexpected announcement comes in the next few months, the Big 12 will have 14 members in its league. The Big 12 is meeting on Tuesday about adding four new members from the Pac-12, according to a report from Wildcat Authority, part of the network. This means Texas and Oklahoma must pay approximately $80 million if they want to join the SEC any earlier. The grant of rights deal currently in place does not expire until 2025.
Are The Four Schools Officially Joining The Big 12 Joining A Super Conference? They are adding UAB, FAU, Charlotte, North Texas, Rice, and UT-San Antonio from Conference USA. The schools had been paying a $10 million exit fee in four annual payments through 2024, and they agreed to pay an additional $8 million - spread over 12 payments from 2025 to 2036 - to leave in 2023.” The American also did not waste any time in getting new members added to offset its own losses. Per ESPN, “According to the term sheet, Cincinnati, Houston and UCF will each pay $18 million to exit the American. This marks the second time in the Conference’s 26-year history that new members were added.
AAC Commissioner Mike Aresco made the announcement early Friday about the three programs leaving. The Big 12 Conference today announces that Brigham Young University, the University of Central Florida, the University of Cincinnati, and the University of Houston will become members no later than the 2024-25 athletic year.
0 kommentar(er)
