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[QUOTE="HtownOrange, post: 4908618, member: 622"]
Sorry, the link does not work on my phone

As to your numbers, I don't know whether they are real or not.  However, if OU and UT negotiated the exit fee agreement that is what they must pay.  My guess is you don't work in the contracts world or the legal world.  Suffice it to that the B12 would withhold payments in lieu of actual payments to OU and UT with each sending  a new check back.

Think back to when SU and Pitt left the Big East, neither wrote a check, the Big East withheld monies owed to them.  That is how the ga work.  UT and OU will not get a share of the B12 payout next summer.  That money will be withheld and count towards their agreed upon separation payment.  Again, without a credible source, I am reluctant to believe interwebs regurgitation from people who don't know numbers.  Taking quotes from valid sources out of context is useless.

We do know that UT and OU agreed to pay more than double the value of the TV rights to leave one year by early.  UT, OU, and the B12 stated this and the numbers agreed.  That is the level of source one should rely on.

Will money actually change hands?  Probably not, but a paper trail will show how each party met their obligations and received their benefits.
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