quote:
* “No timeline” set but MU expects things to move “expeditiously.”

* “This is a very complex transaction to consider.” “We have to exercise our fiduciary duty.” By giving Deaton the the right to cut a new contract, MU is all but announcing they’re leaving the Big 12.

* Missouri anticipates any move it makes taking place before next season.

1:54 — That’s it for now. Mizzou is heading toward the SEC and the chancellor now has the ability to act on his own without having to run back and forth for board approval. The next stop — from what was suggested today — will be an announcement that Missouri has reached an agreement with the SEC or it has decided to stay. There will be no “What do we need to do to leave the Big 12?” step as there was in Texas A&M’s case.

We continue to believe that Missouri’s move to the SEC will be completed by mid- to late-next week.

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Posted by relapse98

Member since Dec 2010

2736 posts

Posted on 10/21/11 at 4:25 pm to daboman of Aggieland

Missouri might just talk themselves to being invited into the SEC with an exit fee tacked on to help persuade them to drop the B1G dreams.

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Posted by twk

Wichita Falls, Texas

Member since Jul 2011

2895 posts

Posted on 10/21/11 at 5:54 pm to relapse98

The SEC won't impose an exit fee, as such. But, there probably will be a de facto exit fee once the SEC starts its own cable network. I'm sure that it will be structured such that if a school walks away from the conference, they lose their equity stake in the network with no compensation. That, combined with the fact that they would have to "buy" into the Big Ten Network, ought to be sufficient incentive for them to stay once them come.

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