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A&M’s exit fees could reach as high as $30 million to leave Big 12

Flushing Money

Earlier this afternoon, the SEC announced it has decided to table the idea of bringing Texas A&M to the conference as a 13th member. The reasons appear to be numerous, but the overall theme is that the conference wants to take its time before potentially beginning the restructuring of the college football landscape as we know it.

That does not mean, however, that a move by A&M to the SEC is out of the question. We’ve stated before on this site that A&M needs to receive a formal invite from the SEC to make this thing happen; that’s only kinda-sorta correct.

It’s true that A&M wouldn’t blow off the Big 12 for the SEC if there wasn’t the utmost certainty by both sides that the deal would be “done”, but technically, a school needs to formally withdraw from their current conference before it can accept an invitation to another conference.

Just because the SEC didn’t say yes or no today doesn’t mean this isn’t going to happen. It also doesn’t mean it will. We have to keep all options open at this point.

The meetings by A&M’s Board of Regents and Texas’ House of Representative’s Higher Education Committee — scheduled for Monday and Tuesday of this week, respectively — will still happen, so it is entirely possible that A&M could still decide to leave the conference tomorrow.

But will they? The wildfire that has been the A&M-to-the-SEC rumors over the past few days appears to have been dampened, so you be the judge of that.

But in the event that A&M does decide to leave the Big 12, if and/or when that actually happens, the exit fees could be steep.

A Big 12 official told OrangeBlood‘s Chip Brown that A&M could pay upward of $30 million in exit fees if they decide to leave the Big 12. If you remember from an earlier post covering a possible time frame for a departure, A&M would have to pay 90 percent of its conference revenue if it joined the SEC in 2012.

In any case, it’s going to be an expensive move for A&M if they leave the Big 12. That’s likely something the SEC is considering as well.

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3 Responses to “A&M’s exit fees could reach as high as $30 million to leave Big 12”
  1. burntorangehorn says: Aug 14, 2011 6:07 PM

    That’s the maximum, like sticker price on a car. No one pays sticker price, just like CU and NU didn’t pay the $30 million rumored last year. But considering the deal signed just last year, including a commitment by atm, this could be more expensive than it was for CU and NU.

  2. 50milessouthofdetroit says: Aug 14, 2011 9:09 PM

    should we guess that the vast majority of that would go straight to Austin? if so, that would be symbolic as Texas is the reason they want out

  3. kingdavid56 says: Aug 15, 2011 10:19 AM

    Run away little atm just like the little upset girl you are. You have one big 12 title ever, so you go from being the 9th or 10 best team in the Big 12, to being 11 or 12 in the SEC. That sounds like a great idea to me, don’t let the door hit you on your way out. By the way if you want to get out of the shadow of UT try being competitive more then once a decade.

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