Wednesday, October 27, 2010

Fresno/Nevada and the WAC are said to be close to a deal--both teams would play football in the WAC in 2011

HSA Note: "A proposed settlement detailing their exit date and financial penalties involved could be put before the WAC Board of Directors -- which is composed of member presidents and chancellors -- this morning, according to people with knowledge of the situation. But there is "no guarantee it will be decided (today) -- or in two weeks," said a person briefed on the talks. "With this many lawyers involved, anything could happen." "


Denying reports yesterday that the settlement deal was done, JD said:
"From my understanding, the WAC CEOs have a conference call (this) afternoon Hawaii time and a decision may be made at that time. Until the conference call is concluded, there is really nothing else to add." (HSA)


HSA Note: "Meanwhile, several proposals have reportedly been circulated about how much the departing schools would have to pay when they leave. Initially, the WAC had insisted on the $5 million per school that was part of the so-called solidarity pact agreed to in early August, but recent indications are the figure will be under $2 million and could involve some loss of shared WAC revenue."


Asked about the monetary terms of the settlement that are rumored, Karl Benson said:
"I can't respond to these questions (about possible terms)." (HSA)

http://www.staradvertiser.com/sports/sportsnews/20101027_WAC_said_to_be_near_breakup_agreement.html

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