The Big 12 expansion groundswell

[Flystripper]

i really don't get the hate around here. I follow a strict policy of only hitting once hit first. Scorcho, chill out. Hsaru: we cheer for the same team and quit being a douche.

I, for one, am very thankful that you are here. I like your moxie! I hope you are right about the timing bacause I don't want you enforce your self-inflicted ban for a week until you break down and post again.

[falafel]

Indemnification doesn't always indicate desperation. It may indicate that they believe the potential claims against A&M/SEC are meritless, and thus they are willing to foot the cost of fighting them. It may also indicate that they feel Baylor and the other B12 schools are bluffing, and won't really sue because they won't suffer any damages by A&M leaving.

Or it could mean that they believe the claims have merit, and therefore they'll never get in the SEC unless they indemnify (since B12 schools would be idiots to waive their rights for nothing).

[statman]

That seems like a logical, rather than a desperation, move. The potential lawsuit is unlikely to succeed and if aTm wants in, why not indemnify the SEC?

The problem for A&M is how to indemnify themselves.

If the dominoes fall horribly, there is still the potential that the Big 12 could fold. If that happens, there could quite possibly be schools that don't get deals anywhere close to what they have had in the Big 12 and therefore have large directly estimable losses, whose proximate cause, they will argue, was the departure of A&M. There would be a fairly clear cause-and-effect impact of A&M's departure, and the losses that member schools might take are easily predicted beforehand. A&M moving forward with breaking a contract that it knows could potentially harm other Big 12 schools, puts the Aggies on the business end of a significant (at least potentially) lawsuit.

[SteelBlue]

K-State is down with Viking (but they don't like us very much)

http://goemaw.com/forum/index.php?topic=14505.0

[Katy Lied]

That seems like a logical, rather than a desperation, move. The potential lawsuit is unlikely to succeed and if aTm wants in, why not indemnify the SEC?

$$$$$$$$$

[Uncle Ted]

K-State is down with Viking.

http://goemaw.com/forum/index.php?topic=14505.0

Hmm...

We at goEMAW would like to take this opportunity to welcome our new conference brothers, the BYU Cougars. Some of you may be curious about their beliefs. Well, you will be happy to know that we share many similarities and only a few differences. For one, they love America, a very patriotic group. Also, they love family and friends. You will never meet a more devoted group of people. Honesty is another one of their traits. A BYU grad will not steer you wrong when it comes to business or personal interactions. Finally, they hate black people.

[YOhio]

K-State is down with Viking (but they don't like us very much)

http://goemaw.com/forum/index.php?topic=14505.0

lol! That thread is messed up.

[filsdepac]

K-State is down with Viking (but they don't like us very much)

http://goemaw.com/forum/index.php?topic=14505.0

lol

A BYU grad will not steer you wrong when it comes to business or personal interactions. Finally, they hate black people.

I'm not sure which one is more untrue.

[Cougarmandias]

The problem for A&M is how to indemnify themselves.

If the dominoes fall horribly, there is still the potential that the Big 12 could fold. If that happens, there could quite possibly be schools that don't get deals anywhere close to what they have had in the Big 12 and therefore have large directly estimable losses, whose proximate cause, they will argue, was the departure of A&M. There would be a fairly clear cause-and-effect impact of A&M's departure, and the losses that member schools might take are easily predicted beforehand. A&M moving forward with breaking a contract that it knows could potentially harm other Big 12 schools, puts the Aggies on the business end of a significant (at least potentially) lawsuit.

Actually it would be much easier to sue the SEC than A&M. 1, since the Big 12 contract allows for exits, there is arguably no breach of contract if A&M pays the exit fees. 2, the exit fees are legally probably liquidated damages, which means that Baylor can't get recovery for actual damages unless they prove that the exit fees were ridiculously low, which may be hard to do.

[byu71]

K-State is down with Viking (but they don't like us very much)

http://goemaw.com/forum/index.php?topic=14505.0

Pretty funny thread. Somewhat sad there are probably some folks that really think we believe what they think we believe. We also don't condemn others who don't share our values on the WOW or premarital sex, do we?

[Viking]

Y'all know my feelings about the Mo'mon church but I have to say it's sort of exciting to see BYU bring more understanding/exposure to TX ... I am a bit of a street fighter by nature because of the innumerable fist fights I got in after being called names/insulted for my (then) faith. That, and the fact I'm half Norwegian/half Scottish and 100% pain in the ass.

[Jacob]

The problem for A&M is how to indemnify themselves.

If the dominoes fall horribly, there is still the potential that the Big 12 could fold. If that happens, there could quite possibly be schools that don't get deals anywhere close to what they have had in the Big 12 and therefore have large directly estimable losses, whose proximate cause, they will argue, was the departure of A&M. There would be a fairly clear cause-and-effect impact of A&M's departure, and the losses that member schools might take are easily predicted beforehand. A&M moving forward with breaking a contract that it knows could potentially harm other Big 12 schools, puts the Aggies on the business end of a significant (at least potentially) lawsuit.

We are talking about indemnification for the SEC, or so I thought. Either way, none of us knows how much merit the claims might have, but most conferences allow teams to leave, so, provided a team leaves under the rules of the conference, there would be no amount owed.

[Eddie]

lol



I'm not sure which one is more untrue.

Someone needs to get to Kansas QUICK and get a MLM downline started before they figure out this isn't necessarily true.

Pretty funny thread. Somewhat sad there are probably some folks that really think we believe what they think we believe. We also don't condemn others who don't share our values on the WOW or premarital sex, do we?

I have to admit that I am a bit judgmental. I tend to look down upon folks who drink to the point of neglecting their job or family. I also tend to look down on folks who jump into the sack with anything that moves.

But I wouldn't use the blanket statement of saying that I condemn folks who don't keep the WOW or who participate in premarital sex.

[byu71]

Someone needs to get to Kansas QUICK and get a MLM downline started before they figure out this isn't necessarily true.



I have to admit that I am a bit judgmental. I tend to look down upon folks who drink to the point of neglecting their job or family. I also tend to look down on folks who jump into the sack with anything that moves.

But I wouldn't use the blanket statement of saying that I condemn folks who don't keep the WOW or who participate in premarital sex.

Well sure, I agree with you. You can't tolerate extremes. I look down on Warren Jeffs form of polygamy, but I don't condemn the founders of my religion.

[Pheidippides]

The problem for A&M is how to indemnify themselves.

I don't think that word means what you think it means.

Correction of legal terms aside, here are some issues with any potential indemnification proposals.

1. The entire discussion of indemnification is an example of how ridiculous aTm is. Consider that Baylor's claim alone is worth many millions if successful. Add in eight more schools and you all of a sudden have a huge legal claim. I realize that aTm would already face a claim of this size, but we're now talking about a second bite of the apple. This doesn't count legal fees, which could easy run in the millions. Are they really so hellbent on leaving that they'll undertake that much exposure? The answer appears to be yes...

2. ...but if I'm the SEC, indemnification by aTm is a poor substitute for waiver of claims at best. aTm is $18 million in the whole. Where are they going to find the money to pay any indemnification claims?

3. Oh, right, they are a state school, so the state (presumably) would have to back it up. So, let's recap: aTm is going to take on a shitload of liability. They are taking on this liability because they ain't got a pot to piss in nor a window to throw it out of, and hence don't feel they can compete with UT. But because they are so damn poor the state may have to foot the bill. My UT landowner friends will love that.

I say we have the state give aTm a couple million, a mandate to stay in the Big 12, and a warm glass of shut the hell up and call it even.