Posted on 07/30/2010 1:44:26 PM PDT by dead
The Big 12 Conference promised Texas A&M $20 million annually and the Aggies intend to collect, A&M president R. Bowen Loftin said Wednesday.
And what happens if the Big 12 doesn’t honor its $20 million pledge? A high-ranking A&M official said late Wednesday that every legal avenue would be explored first, with the potential of bolting for the Southeastern Conference coming after.
< snip >
Part of the arrangement in the Big 12 surviving, as ABC/ESPN and Fox Sports stepped up financially (verbally to this point), hinged on league heavyweights Texas, Oklahoma and A&M each receiving $20 million annually in coming years, thanks to upgraded TV deals for the conference.
Nebraska and Colorado announced in June they are leaving the Big 12 for the Big Ten and Pacific 10, respectively, with the Cornhuskers set to leave next year (and Colorado to be determined).
The two schools will have reported exit fees of between $30 million and $40 million combined, and in keeping the league intact, five of the schools that would have been left behind had the conference dissolved — Baylor, Missouri, Iowa State, Kansas and Kansas State — had agreed to give up their parts of the departing schools’ fees to the “big three” to make sure they reached the $20 million.
< snip >
The A&M official said Wednesday it wasn’t the school’s “concern” how the Big 12 got its money together for the revenue distribution — just that it lived up to its promise of $20 million annually, starting in 2012-13. The league’s pledge is oral, and the A&M official said the school’s lawyers are working to get the commitment in writing.
(Excerpt) Read more at chron.com ...
I didn’t go to A&M, but sure as hell wouldn’t want any kids of mine going to TU. Best ripostes I’ve heard to Aggie jokes:
Q: Why are there so many Aggie jokes?
A: Serving lattes gives you plenty of time to think up new ones.
Q: What’s the difference between an engineer from TU and an engineer from Aggieland?
A: Engineers from Aggieland don’t all work for Amtrak.
Q: Why don’t Aggies make up more Teasip jokes?
A: They all have families and jobs to worry about.
A&M won’t leave ... they’d have to rewrite their fight song.
nice.
the Aggies do have a huge following - but those of us who are not Aggies, love to watch their fans - where else do you see men lined up “butts to nuts” and proud of it?
Two Aggies are flying a plane and the engines cut off. One says, "Oh no! We're at 10,000 feet and out of fuel! No one will ever find us up here!"
An Aggie comes home and finds his wife in bed with another man. He starts crying and gets a pistol out of the top drawer and points it at his head. His wife laughs and he says, "You'd better not laugh! You're next!"
Know how to get an Aggie coed into your room? Butter her hips and push like hell.
Hey, there’s nothing wrong with Aggie jokes. There’s one in the governor’s office right now. I just figure Texans know the jokes aren’t really accurate, that there’s something about TU that ain’t quite right, seeing as how the last TU graduate to run the state did so during the Carter presidency.
Or did y’all want to claim Ann Richards?
Ann was a Baylor grad.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.