Nebraska Officials Say Paying Buyout Money Would Be 'Inappropriate'

That reported $35-40 million buyout money from Nebraska and Colorado?

Nebraska's not paying it, according to Chancellor Harvey Perlman.

“I thought in the context, (an exit fee) would be inappropriate," Perlman said. “From what I understand the Big 12 has done, I think it’s even more inappropriate."

Texas president William Powers would disagree.

“We’ll leave that to the lawyers," Texas President William Powers said Tuesday. “I think the conference rules are clear on that."

Looks like this Big 12 mess could eventually hit the courts, which would mean delaying some sort of finality even longer.

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Comments

This actually became an interesting topic of discussion...

… on Rock M Nation about the legitimacy of legal claims for liquidated damages.

Of course, you’ll have to navigate through the NU/MU vitriol to see the insight…

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by RPT on Jun 16, 2010 2:19 PM CDT reply actions

That is interesting

Thanks for sharing that link.

Arrowhead Pride
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by Joel Thorman on Jun 17, 2010 1:07 PM CDT up reply actions

Something I heard

was that the Big12 just won’t pay them they’re normal revenue, and it’ll be up to Nebraska to take them to court to collect; rather than making Nebraska pay out.

If you can sack groceries, you can sack a QB... right?
The kool-aid is now Berry flavored.

by IISaiNtII on Jun 17, 2010 11:08 AM CDT reply actions