Syracuse has already paid a portion of its Big East exit fee

[Orangeyes]

http://www.syracuse.com/orangebasketball/index.ssf/2012/12/syracuse_has_already_paid_a_po.html

 

[orange79]

Interesting. The upshot is that SU has paid $1.5M of the $7.5M exit fee, with the rest due "over a multi-year period". Of course, if the league doesn't exist...

 

[longtimefan]

http://www.syracuse.com/orangebasketball/index.ssf/2012/12/syracuse_has_already_paid_a_po.html

And, this is why who (if anyone) will be the "league" going forward is a big deal. Not only the exit fees (and admission fees, if any), but also all of those NCAA tourney "units". This year, there are 113 due to the league, at $242K each. You do the math.