A day after the Big 12 said they had reached an agreement with Texas A&M and Missouri on the terms of their departure for the SEC, we now have the number to go with those those terms.
And, as expected, it’s nowhere near the $30 million both schools could have paid.
Missouri and Texas A&M announced on their respective athletic websites that the total cost of leaving the Big 12 will be just under $25 million — or, $12.41 million each. But because of items such as direct payments from the NCAA, bowl payouts, etc., A&M will only end up paying the Big 12 $9.31 million out-of-pocket, according to reports by the San Antonio Express News and Dallas Morning News.
As a reference, SEC schools made just under $20 million in payout from the SEC in 2010-11.
Plus, there’s a provision. A&M “will receive a portion of the benefit received by the Big 12 Conference from the signing of its television contract with Fox Sports, scheduled to commence July 1, 2012.”
Missouri, on the other hand, has waived claim to any of the aforementioned TV benefits. Additionally, the school will pay the Big 12 approximately $500,000 for its share of officiating expenses for 2011-12 athletic year.
Here’s the statement from A&M:
“On behalf of Texas A&M University and Aggies worldwide, I would like to thank the Big 12 and its member institutions for the many memories over the past 16 years. We value our ongoing academic and athletic relationships with Big 12 members, and it is our hope to continue many of our longstanding athletic rivalries in the future. We appreciate the Big 12 working with us on a quick and amicable settlement.”
And from Missouri:
“We are pleased to have these issues resolved and we wish the Big 12 and its continuing member institutions the best in the future.”
It’s a bad time for the Big 12. The conference isn’t signing blue chip prospects at the rate of its peers, isn’t producing draft picks at the rate of its peers and isn’t reaching and winning big games at the rate of its peers.
But the Big 12 is still getting paid at the rate of its peers.
The league’s contracts with ESPN and FOX combined with its 10-team set up have allowed the Big 12 to keep pace with the SEC and Big Ten and remain ahead of the ACC and Pac-12 in financial distribution. The Dallas Morning News‘s Big 12 writer Chuck Carlton tweeted on Friday the league’s per-school distribution will again grow 10 percent to more than $33 million in 2017-18.
The SEC distributed just north of $40 million in 2016-17, while the Big Ten was at $33 million by 2014-15.
However, since the Big 12 does not have its own television network, its conference distributions do not include third-tier rights, which its schools keep and sell on their own — like the Longhorn Network. So schools like Texas, Oklahoma and Kansas are likely getting paid equal or above their SEC and Big Ten peers.
Now if only they could start recruiting and winning like them, too.
Former Texas defensive tackle Jordan Elliott will now be a Missouri Tiger, he announced on Friday.
Elliott chose Missouri to follow Brick Haley, his defensive line coach in Austin that landed at Mizzou after Charlie Strong‘s firing.
“They’re a program that’s on the come up, SEC ball is the highest level,” Elliott said in an interview with Power Mizzou. “Coach Haley is one of the best D-Line coaches out there. Missouri’s a powerhouse for defensive linemen. They’re coming and going first round every year. That’s real appealing to me.
“I talked to coach Haley and got it rolling.”
Elliott was a Signing Day addition to Strong’s 2016 class who was committed to Michigan before his late flip. He said that his one season in Austin amounted to a year-long version of buyer’s remorse.
“There’s a lot of speculation going around, but at the end of the day I just wasn’t happy there,” he said. “It’s nothing against the coaches at Texas, they’re great coaches. It’s a great program and I really learned a lot of things, but I just never really enjoyed Texas since I first got there.”
Elliott posted eight tackles and 1.5 TFLs in six appearances as a true freshman last season before suffering a torn MCL against Iowa State in October.
He would have been in line for starter’s snaps had he remained on Tom Herman‘s squad this fall. Instead, Elliott will sit out the 2017 campaign and have three years remaining to compete as a Tiger beginning in ’18.
Tired of the continuous stream of negative college football news? Here ya go.
During a September 2015 game against Georgia, Southern wide receiver Devon Gales sustained a severe spinal injury that left him paralyzed and hospitalized for five months. This week, Gales used Twitter to offer up a very encouraging and inspiring update — the former wide receiver, with the assist of a couple of physical therapists, taking a dozen steps.
On the way indeed.
In February, Georgia announced that it was launching “Drive to Build a Dawg House” for Gales and his family.
One of the top playmakers in Nebraska’s passing game has avoided what was originally a serious legal charge.
According to KETV-TV in Omaha, Stanley Morgan was arrested following a traffic stop May 6 in Port Orange, Fla., for possession of 21.4 grams of marijuana; according to the penal code in the state of Florida, possession of more than 20 grams of weed is considered a felony. However, the television station wrote, “prosecutors charged the case as ‘possession of cannabis not more than 20 grams,’ making it a misdemeanor.”
Why the the charge against Morgan went from a potential felony to a misdemeanor — or reduced as the Associated Press reported — wasn’t detailed. A misdemeanor possession of paraphernalia charge was dropped as well.
Cornhuskers defensive back Antonio Reed was also in the vehicle that was driven by his teammate and was charged with misdemeanor pot possession as well.
“Head Coach Mike Riley and the Athletics Department are aware of a recent incident in Florida involving Stanley Morgan Jr.,” a statement from the university began. “We will have no additional comment until we have all information regarding this matter.”
Morgan’s 33 receptions for 453 yards were second on the team last season. With Jordan Westerkamp‘s departure, the junior is the Cornhuskers’ leading returning receiver.
Also a junior, Reed played in 22 games last season. He was credited with 22 tackles.