Big East could vote to dissolve

Quote from: desco80 on December 13, 2012, 02:22:29 PM

Dick Weiss ‏@NYDNDickWeiss

high ranking sources at st john's confirm school prez the rev. donald harrington has signed off on move for 7 cath schls to break from be

I guess this means it is not going to happen then...

Love that we're breaking away.  Go Harrington Go!

Quote from: Moose on December 13, 2012, 03:35:24 PM

Quote from: Choz4Life on December 13, 2012, 03:34:42 PM

All South Florida and Temple and Memphis and UConn gotta do is realize their folly of fielding a fball team, drop the program and then we welcome them into our bball bossom with open arms.

There will be some teams that drop football after all this dust settles.  I am curious to see who they are.

Interesting observation.  Conn (the State) has spent many millions of state tax dollars to build FB stadium.  They will fight to get into a BCS conference.  But even further what will become of BCS in future--will the big boys (top 4 conferences) want all the money?  How will Temple ever compete with them?  Temple may have to admit that its FB is going "nowhere" and revert to the level that Nova plays at.  Temple is a good BB program; they have to wake up to reality.

LOL @ UCONN. Fugg them .

I hope we succeed. Then, I hope the ACC is decimated. Lord knows as a Cane fan (football, obviously) I want us elsewhere.

This is a big sticking point with the 7 schools dissolving the current Big East.  NCAA Tourney units.  They are worth a lot of dough along with the exit fees.  Would the 7 Catholic schools be forfeiting their rights to them?  From Thamel's column:


Units
The way the NCAA pays teams for reaching the NCAA tournament is extremely complicated. Teams aren't given a single, fat check for reaching and advancing in the NCAAs. Instead they are given units for making the NCAA tournament and more for advancing. The value of each unit is approximately $245,000, which is paid to the league over six years.

Units are a huge financial piece in the value of a basketball league. In the Big East's 2011-12 fiscal year, it received $27.3 million in NCAA tournament units (113 earned over previous six years at $242,000). In 2012-13, the league will receive even more -- $28.7 million thanks to 117 units over six years.

"The interesting point is that people focus on the TV dollars," said a Big East official. "Currently our unit dollars as a revenue stream exceed our TV revenue for basketball schools. We generate more dollars from NCAA participation."

A key financial issue here is that the units of schools like Syracuse, Pittsburgh, Louisville, West Virginia and Notre Dame are still going to go into the Big East coffers after those schools left for other conferences. (Rutgers never reached an NCAA tournament in its entire Big East tenure.) Those units are a significant amount of money annually. One of the biggest legal issues to be fought out will be what happens to the league's units? And can the breakaway schools take their units with them?

IF the Big East exists in a disparate form with UConn, Cincinnati, USF, UCF, Memphis, Houston, SMU, Tulane and others, will it get to keep all the unit money?

There's also a pile of money in exit fees, as there's an estimated $70 million due to the league. Could the unit revenue and exit fee money be enough to keep the Big East together?

Quote from: fordham96 on December 13, 2012, 05:19:03 PM

This is a big sticking point with the 7 schools dissolving the current Big East.  NCAA Tourney units.  They are worth a lot of dough along with the exit fees.  Would the 7 Catholic schools be forfeiting their rights to them?  From Thamel's column:


Units
The way the NCAA pays teams for reaching the NCAA tournament is extremely complicated. Teams aren't given a single, fat check for reaching and advancing in the NCAAs. Instead they are given units for making the NCAA tournament and more for advancing. The value of each unit is approximately $245,000, which is paid to the league over six years.

Units are a huge financial piece in the value of a basketball league. In the Big East's 2011-12 fiscal year, it received $27.3 million in NCAA tournament units (113 earned over previous six years at $242,000). In 2012-13, the league will receive even more -- $28.7 million thanks to 117 units over six years.

"The interesting point is that people focus on the TV dollars," said a Big East official. "Currently our unit dollars as a revenue stream exceed our TV revenue for basketball schools. We generate more dollars from NCAA participation."

A key financial issue here is that the units of schools like Syracuse, Pittsburgh, Louisville, West Virginia and Notre Dame are still going to go into the Big East coffers after those schools left for other conferences. (Rutgers never reached an NCAA tournament in its entire Big East tenure.) Those units are a significant amount of money annually. One of the biggest legal issues to be fought out will be what happens to the league's units? And can the breakaway schools take their units with them?

IF the Big East exists in a disparate form with UConn, Cincinnati, USF, UCF, Memphis, Houston, SMU, Tulane and others, will it get to keep all the unit money?

There's also a pile of money in exit fees, as there's an estimated $70 million due to the league. Could the unit revenue and exit fee money be enough to keep the Big East together?

“@SIPeteThamel: Couple of relevent Big East bylaw facts. The seven departing school will be able to bring their NCAA units with them. (And the AQ).”

The Holiday Festival would become relevant again, and could be a two day tournament again, if we agree to continue to play 'Cuse.  (Something our fans bitch about, but which Monasch and Lavin have said they want to do.  Boeheim too).
Day 1:   St. John's v MAAC team,  Syracuse v. A-10
Day 2:  Consolation and Championship  (which most years ends up being St Johns v Syracuse)

Rotate the two invited teams among the MAAC/A-10/North East/Colonial/America East         (think Iona, Siena, Hofstra, Fordham etc)
No team wants to schedule two tough games right before conference play, that's why in-season tournaments have faded.   
Huggins and WVU will agree to play Michigan this weekend, and use the trip to help recruit the area; but if he had to play another BCS team the following day .. I doubt he'd do it.   

MSG would do this because they would have near sell outs for two days, and they could truthfully bill it as a battle for bragging rights in NY.
Syracuse would do it in a heart beat because their alumni are clamoring for more games in NYC.
SJU gets to keep a traditional rival, earns headlines if we win with little downside if we lose... and just as importantly; we get a built in quality non-conference game every year ('Cuse), without having to ever travel.  Unlike trying to schedule with a Duke or UCLA who require a home/away arrangement, and risk the odd year when those teams have trouble scheduling us because their own conferences have 28 league games now.   


I know not everybody likes playing Syracuse; but if SJU were to make them a permanent invitee to the Holiday Festival it would make that tournament relevant again and maintain a true rivalry in an era when there aren't many left. 
Couldn't do this before, because most conferences frown on their teams playing each other outside of the regular season, but with 'Cuse gone to the ACC it presents an opportunity.

Sorry if this is long winded, and I know I've said it before.  But, it's a pet peeve of mine.   In the future we may not have games with UCONN, Rutgers, ND, etc   it'd be nice to maintain a marquee non-conference rival.

I share the sentiments re. UCONN.  Having said that, I'd like to see a game every year with them.

As for keeping the name "Big East" for ourselves with a new conference with legendary basketball schools, I'd love it, but I don't see it happening.  Maybe we need a new name for our newish brand.  Maybe we'll be "Elite East" or something.

Quote from: Moose on December 13, 2012, 09:45:08 AM

Quote from: Choz4Life on December 13, 2012, 09:43:42 AM

Wit full respct Moose, you goin after some low, low, low programs in major markets. BU? Northeastern?
Sorry yo, but they dont belong in the conversation.

Just suggestions as you try to penetrate a Top 10 market in Boston.  And they have very big enrollment.  Some of the good schools we like have very small enrollment numbers and might present an attendance issue.  Again Xavier, Butler and St Louis are my first 3 invites.  That gets you to 10.  I still want to get to 12 and want to hit big markets for bigger TV deal.

Providence Journal article says they are looking at a 10 team league and Butler Xavier Dayton are the top choices.

http://m.providencejournal.com/projo/db_285439/contentdetail.htm?contentguid=lgvnrkKI

Quote from: Lapchick65 on December 13, 2012, 09:36:48 AM

I share the sentiments re. UCONN.  Having said that, I'd like to see a game every year with them.

As for keeping the name "Big East" for ourselves with a new conference with legendary basketball schools, I'd love it, but I don't see it happening.  Maybe we need a new name for our newish brand.  Maybe we'll be "Elite East" or something.

I wonder if we'll be able to keep MSG for tournament

Quote from: section3 on December 13, 2012, 08:54:32 PM

Quote from: Lapchick65 on December 13, 2012, 09:36:48 AM

I share the sentiments re. UCONN.  Having said that, I'd like to see a game every year with them.

As for keeping the name "Big East" for ourselves with a new conference with legendary basketball schools, I'd love it, but I don't see it happening.  Maybe we need a new name for our newish brand.  Maybe we'll be "Elite East" or something.

I wonder if we'll be able to keep MSG for tournament

I wouldnt worry about that.  MSG signed deal with BE for the teams in the conference.  Arguably the most valuable teams to them picked up in left.  That is grounds for BE to terminate the deal with the remaining BE since SMU, Houston and UCF don't get Garden execs all wet.  What were called tournament will be there.