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Syracuse Athletics
Syracuse Men's Basketball Board
Cost of Getting out of BE prior to 27 months
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[QUOTE="SouthCampusHero, post: 34336, member: 957"] Well, I guess the original contract stipulates that we have to wait 27 months and pay $5M. Fine. If we want to leave earlier, they hold all the chips and can come up with whatever figure/formula they want. The only problem I have with them raising the exit fee to leave early is that it was decided upon by members of the conference at a meeting both SU and Pitt were not invited to. If stipulations are being made to the original contract, then Pitt and SU should have a vote because they we are still members, technically. Then again, I read that there was language in the original contract that mentioned that 'sitting duck' members are stripped of their voting power. Either way, if the vote required a simple majority, our votes would not have mattered anyway. [/QUOTE]
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Cost of Getting out of BE prior to 27 months
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