Selasa, 28 Februari 2012

Big 12 Conference, Missouri, Texas A&M Reach Buyout Terms

COLLEGE STATION, TX - OCTOBER 29:  T.J. Moe #2...Image by Getty Images via @daylife
By David Ubben
ESPN.com

Missouri and Texas A&M's price tag for leaving the Big 12 will be $12.41 million, the conference announced on Tuesday.

In the fall of 2010, both schools announced they would be leaving the Big 12 on July 1, 2012. Big 12 bylaws state that universities that provide less than 12 months notice are subject to having 90 percent of their conference revenue withheld. That total was estimated at nearly $30 million for each school, but lawyers for both sides settled on $12.41 million. MORE....

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