Big East could vote to dissolve

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Re: Big East could vote to dissolve
« Reply #220 on: December 13, 2012, 04:36:06 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!



Moose

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Re: Big East could vote to dissolve
« Reply #221 on: December 13, 2012, 04:36:11 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.

I admit it sounds nuts now.  But  remember how many football teams actually MAKE money.  Its not many.  Some schools will have to take a good hard long look in the mirror.
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thetruth8734

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Re: Big East could vote to dissolve
« Reply #222 on: December 13, 2012, 04:55:59 PM »
I love the fact that the UConn president called and begged for us to stay. Would have loved to been a fly on the wall for that conversation.

PIB

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Re: Big East could vote to dissolve
« Reply #223 on: December 13, 2012, 05:03:56 PM »
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.


Re: Big East could vote to dissolve
« Reply #224 on: December 13, 2012, 05:15:47 PM »
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.
Don't move.  Coach L loves Florida and is getting ready to retire at the end of his contract.  Even though the ACC doesn't want the U any more. 

Re: Big East could vote to dissolve
« Reply #225 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?


paultzman

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Re: Big East could vote to dissolve
« Reply #226 on: December 13, 2012, 06:41:40 PM »
“@SIPeteThamel: Talk of Big East “dissolving” and votes needed is moot. Bylaws say 2 FB schools need to vote for dissolution. The 7 will just leave.”

Re: Big East could vote to dissolve
« Reply #227 on: December 13, 2012, 07:43:15 PM »
http://espn.go.com/college-sports/story/_/id/8745235/seven-schools-agree-leave-big-east-debating-process-source-says

Notre Dame was supposed to stay in the Big East for a 27-month period, which could mean as long as the 2015 season. But the Irish have been negotiating an early exit.

Brey also said the discussion among the Catholic schools was to make it a national Catholic conference with Xavier, Saint Louis, Dayton, Creighton, Gonzaga and possibly Saint Mary's, as well.

paultzman

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Re: Big East could vote to dissolve
« Reply #228 on: December 13, 2012, 07:47:46 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).”

“@SIPeteThamel: The one topic not addresed in the Big East bylaws is the actual Big East name. So that's foggy right now.”
« Last Edit: December 13, 2012, 07:50:36 PM by paultzman »

desco80

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Re: Big East could vote to dissolve
« Reply #229 on: December 13, 2012, 07:51:43 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).”

What about the units still owed to the league because of appearances made by Louisville and Syracuse?      What about the units UCONN earned for the league? 
How those are divided is going to be very interesting.


mkras99

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« Last Edit: December 13, 2012, 08:01:38 PM by mkras99 »

Tiznow

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Re: Big East could vote to dissolve
« Reply #231 on: December 13, 2012, 08:16:15 PM »
Great day for St John's, for college hoops and for underdogs.

Never thought this would happen.

Re: Big East could vote to dissolve
« Reply #232 on: December 13, 2012, 08:43:40 PM »
Great day for SJU, yes.  From this point, incidentally, I'll be rooting for any one of the other Catholic basketball schools to win, albeit against us of course.  But their success is our success.

Re: Big East could vote to dissolve
« Reply #233 on: December 13, 2012, 08:52:46 PM »
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 hate Syracuse but they are going to get their share of games in NYC with or without us. Not a bad idea

Re: Big East could vote to dissolve
« Reply #234 on: December 13, 2012, 08:54:32 PM »
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

Re: Big East could vote to dissolve
« Reply #235 on: December 13, 2012, 08:57:18 PM »
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

VCU would be a good addition. Shaka Smart would be great coaching addition.

Moose

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Re: Big East could vote to dissolve
« Reply #236 on: December 13, 2012, 09:01:32 PM »
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.
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sju89tr

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Re: Big East could vote to dissolve
« Reply #237 on: December 13, 2012, 09:20:34 PM »
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.



It appears that MSG holds the out clause and would then sign up with the new Catholic Big East. Only concern would be if ACC swooped in and signed up with MSG during the time we negotiate. Anyone have info on current ACC contract for post season tournament. ?
« Last Edit: December 13, 2012, 09:21:18 PM by sju89tr »

paultzman

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Re: Big East could vote to dissolve
« Reply #238 on: December 13, 2012, 09:27:42 PM »
“@McMurphyESPN: BE commish Mike Aresco told football AD's he expects 7 hoops schools to leave. Hoops schools have Sat conference call sources told @espn”

MCNPA

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Re: Big East could vote to dissolve
« Reply #239 on: December 13, 2012, 09:28:30 PM »
IMO, we already have 3 OOC games we should keep on the schedule in Syracuse, UConn and Notre Dame.  Hate them all you want, but they aree all dying to play us yearly in MSG.  The extra "bad blood" fuels rivalries and draws lots of fans to the Garden.  It is all in the name of good business whether we like them or not.  Sell tickets, grow the fan base, recruiit at a high level and the rest falls into place.