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Post by wilkyisdashiznit on Nov 10, 2023 20:43:16 GMT -8
The 10 are due everything they were supposed to receive in Pac-12 money until 8/1/2024. After that, they receive nothing. That's the morally and legally correct approach, and I'd be disappointed if we and WSU tried to pull a fast one if/when we prevail on 11/14. Pretty simple really, but of course it won't be. PS: Spending millions of dollars to get MWC teams to form a new conference for 2024-25 is wasting millions of dollars. Make do in 2024-25, which should be doable after we win on 11/14, and then get the MWC for free in 2025-26. Not so fast. If everything were black and white I could buy your stance. Fact is, there are some potential significant liabilities due to ongoing lawsuits against the conference. If we were to divide revenue up as formerly agreed through 8/1, ten schools could take their share and walk into a new contract elsewhere while stepping away from any of the liabilities. That would meant two schools are left bearing the brunt of any settlements decided after 8/1 but brought prior to 8/1. How is that "moral" or "just"? Any scenario that allows the schools who abandoned the conference to receive immunity from conference liability which took place while they were members, and at the expense of the schools who stood tall is far from a just scenario on my scale. What lawsuits are you alluding to? Is there real liability, or is it one of those shotgun style lawsuits, where they sue everyone, including a guy who was just walking nearby? Companies get saddled with others' debt all the time, but it is usually a situation, where there is no other deep pocket. |
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Post by sparty on Nov 11, 2023 6:36:56 GMT -8
Not so fast. If everything were black and white I could buy your stance. Fact is, there are some potential significant liabilities due to ongoing lawsuits against the conference. If we were to divide revenue up as formerly agreed through 8/1, ten schools could take their share and walk into a new contract elsewhere while stepping away from any of the liabilities. That would meant two schools are left bearing the brunt of any settlements decided after 8/1 but brought prior to 8/1. How is that "moral" or "just"? Any scenario that allows the schools who abandoned the conference to receive immunity from conference liability which took place while they were members, and at the expense of the schools who stood tall is far from a just scenario on my scale. What lawsuits are you alluding to? Is there real liability, or is it one of those shotgun style lawsuits, where they sue everyone, including a guy who was just walking nearby? Companies get saddled with others' debt all the time, but it is usually a situation, where there is no other deep pocket. This is why it takes years for these things to get settled. |
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Post by drunkandstoopidbeav on Nov 11, 2023 7:18:13 GMT -8
Not so fast. If everything were black and white I could buy your stance. Fact is, there are some potential significant liabilities due to ongoing lawsuits against the conference. If we were to divide revenue up as formerly agreed through 8/1, ten schools could take their share and walk into a new contract elsewhere while stepping away from any of the liabilities. That would meant two schools are left bearing the brunt of any settlements decided after 8/1 but brought prior to 8/1. How is that "moral" or "just"? Any scenario that allows the schools who abandoned the conference to receive immunity from conference liability which took place while they were members, and at the expense of the schools who stood tall is far from a just scenario on my scale. What lawsuits are you alluding to? Is there real liability, or is it one of those shotgun style lawsuits, where they sue everyone, including a guy who was just walking nearby? Companies get saddled with others' debt all the time, but it is usually a situation, where there is no other deep pocket. I think what he is referring to is the Pac 12 being sued by the guys who got fired for the Cable tv overpayments mess. They knew it happened, decided not to report it, got fired, and now are suing the Pac. Who knows if there are other suits out there. |
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Post by wilkyisdashiznit on Nov 11, 2023 7:40:10 GMT -8
What lawsuits are you alluding to? Is there real liability, or is it one of those shotgun style lawsuits, where they sue everyone, including a guy who was just walking nearby? Companies get saddled with others' debt all the time, but it is usually a situation, where there is no other deep pocket. I think what he is referring to is the Pac 12 being sued by the guys who got fired for the Cable tv overpayments mess. They knew it happened, decided not to report it, got fired, and now are suing the Pac. Who knows if there are other suits out there. But that lawsuit is laughable. I meant real lawsuits. |
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Post by jrbeavo on Nov 11, 2023 9:14:23 GMT -8
What lawsuits are you alluding to? Is there real liability, or is it one of those shotgun style lawsuits, where they sue everyone, including a guy who was just walking nearby? Companies get saddled with others' debt all the time, but it is usually a situation, where there is no other deep pocket. I think what he is referring to is the Pac 12 being sued by the guys who got fired for the Cable tv overpayments mess. They knew it happened, decided not to report it, got fired, and now are suing the Pac. Who knows if there are other suits out there. That is the type of lawsuit that is insured however. Maybe a small retention owed, but that will have already been paid |
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Post by wilkyisdashiznit on Nov 11, 2023 10:04:10 GMT -8
I think what he is referring to is the Pac 12 being sued by the guys who got fired for the Cable tv overpayments mess. They knew it happened, decided not to report it, got fired, and now are suing the Pac. Who knows if there are other suits out there. That is the type of lawsuit that is insured however. Maybe a small retention owed, but that will have already been paid It depends on the policy, but yeah, it should be covered. Even if it weren't covered, it does not strike me as a serious lawsuit. |
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Post by p8nted on Nov 11, 2023 12:41:33 GMT -8
What lawsuits are you alluding to? Is there real liability, or is it one of those shotgun style lawsuits, where they sue everyone, including a guy who was just walking nearby? Companies get saddled with others' debt all the time, but it is usually a situation, where there is no other deep pocket. I think what he is referring to is the Pac 12 being sued by the guys who got fired for the Cable tv overpayments mess. They knew it happened, decided not to report it, got fired, and now are suing the Pac. Who knows if there are other suits out there. Holiday Bowl is suing the PAC 12 and I think the Rose bowl is as well apnews.com/article/holiday-bowl-lawsuit-ucla-pac12-ab50937a07cb98b6e23a21e3dd2695b5 |
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Post by wilkyisdashiznit on Nov 11, 2023 13:26:47 GMT -8
If anyone is at fault, it is UCLA, not the Pac-12. If anything, it sounds like the Pac-12 is owed an additional $2.45 million from either the Holiday Bowl or UCLA. |
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Post by beaver55to7 on Nov 11, 2023 19:28:00 GMT -8
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Post by hottubbeaver on Nov 13, 2023 10:38:48 GMT -8
Not so fast. If everything were black and white I could buy your stance. Fact is, there are some potential significant liabilities due to ongoing lawsuits against the conference. If we were to divide revenue up as formerly agreed through 8/1, ten schools could take their share and walk into a new contract elsewhere while stepping away from any of the liabilities. That would meant two schools are left bearing the brunt of any settlements decided after 8/1 but brought prior to 8/1. How is that "moral" or "just"? Any scenario that allows the schools who abandoned the conference to receive immunity from conference liability which took place while they were members, and at the expense of the schools who stood tall is far from a just scenario on my scale. What lawsuits are you alluding to? Is there real liability, or is it one of those shotgun style lawsuits, where they sue everyone, including a guy who was just walking nearby? Companies get saddled with others' debt all the time, but it is usually a situation, where there is no other deep pocket. As have been mentioned, there's the employee suit, the NIL suit which just had some victory last week I believe and the comcast settlement/back payment that I know of. Could be others. Whether the suit has much legal merit or not, somebody still has to pay to defend against it. Why should OSU and WSU pay the brunt of that expense. There will also undoubtedly be new suits brought by the defectors pending a positive judgment in OSU & WSU's favor. Oregon and Washington's betrayal in the final hour has created a mess that nobody will walk away from a winner the way I see it now. |
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Post by wilkyisdashiznit on Nov 13, 2023 10:55:57 GMT -8
What lawsuits are you alluding to? Is there real liability, or is it one of those shotgun style lawsuits, where they sue everyone, including a guy who was just walking nearby? Companies get saddled with others' debt all the time, but it is usually a situation, where there is no other deep pocket. As have been mentioned, there's the employee suit, the NIL suit which just had some victory last week I believe and the comcast settlement/back payment that I know of. Could be others. Whether the suit has much legal merit or not, somebody still has to pay to defend against it. Why should OSU and WSU pay the brunt of that expense. There will also undoubtedly be new suits brought by the defectors pending a positive judgment in OSU & WSU's favor. Oregon and Washington's betrayal in the final hour has created a mess that nobody will walk away from a winner the way I see it now. Employee suits are usually covered by insurance. There is no Comcast suit, because it is already resolved. Usually, attorneys' fees are recoverable in contract-based suits, so you usually only pay, if the suit has legal merit. Otherwise, the losing side pays your attorneys' fees. Even in non-contract based suits, if the suit has absolutely no legal merit, you can recover money from the other side in sanctions. In the end, though, you are talking about a several hundred million dollars in possible money versus several hundred thousand of dollars of legal fees. If Oregon State and Wazzu really thought that it was not worth it to keep the Pac-12 afloat, they would already be in the Mountain West. |
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