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<blockquote data-quote="RamblinRed" data-source="post: 998054" data-attributes="member: 1776"><p>TX and OK paid $50M each to leave 1 year early.</p><p></p><p>The full amount likely would have been a little more, but basically the B12 was willing to take the $100M knowing it already had new teams coming in. Part of the agreement with the new schools that joined the B12 was that the reamining schools would get that $100M and the new schools would not get any of it.</p><p></p><p>The big differences between TX/OK and FSU are twofold.</p><p>First - 1 year vs 12 years.</p><p>Second - OK and TX are richer athletic programs than FSU and paying $50M is a smaller percentage of their athletics budget than it would be at FSU.</p></blockquote><p></p>
[QUOTE="RamblinRed, post: 998054, member: 1776"] TX and OK paid $50M each to leave 1 year early. The full amount likely would have been a little more, but basically the B12 was willing to take the $100M knowing it already had new teams coming in. Part of the agreement with the new schools that joined the B12 was that the reamining schools would get that $100M and the new schools would not get any of it. The big differences between TX/OK and FSU are twofold. First - 1 year vs 12 years. Second - OK and TX are richer athletic programs than FSU and paying $50M is a smaller percentage of their athletics budget than it would be at FSU. [/QUOTE]
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