tag:blogger.com,1999:blog-5384910541640855424.post1337037895126761139..comments2023-07-02T07:30:58.264-04:00Comments on The College Hardwood: Despite Six Million Reasons to Stay, VCU Leaves for the A-10Anonymoushttp://www.blogger.com/profile/13068814551973487809noreply@blogger.comBlogger9125tag:blogger.com,1999:blog-5384910541640855424.post-56419567352343911582012-05-17T16:38:41.901-04:002012-05-17T16:38:41.901-04:00Harvey, my apologies, I obviously didn't pay a...Harvey, my apologies, I obviously didn't pay attention to the author of the comment and thought it was you.<br /><br />To answer both comments, yes, Harvey I think VCU is doing what Mason probably should have done, certainly as far as upgrading the facilities. Mason though may not have had the opportunity back then to join the A-10 though. And you're exactly right, it's like a NFL Anonymoushttps://www.blogger.com/profile/13068814551973487809noreply@blogger.comtag:blogger.com,1999:blog-5384910541640855424.post-8196282372136631982012-05-17T12:24:06.030-04:002012-05-17T12:24:06.030-04:00Thanks for the original reply Gary. However, the ...Thanks for the original reply Gary. However, the Anonymous comment was certainly not mine. I always put my name to comments. Otherwise, what is the point. :)<br /><br />That said, I do agree that VCU did NOT have to make this move. As a VCU alum, I can say with certainty that our Athletic department is trying to avoid the mistakes that we here in the CAA think that George Mason made by not Harvey (Richmond, VA)noreply@blogger.comtag:blogger.com,1999:blog-5384910541640855424.post-71607391364574221282012-05-16T16:53:26.183-04:002012-05-16T16:53:26.183-04:00I'll absolutely grant that it is a risk. At th...I'll absolutely grant that it is a risk. At the same time, many (including myself)would argue that inaction carries its own risks. <br /><br />Personally, I'm glad that VCU is no longer in a conference that is buffeted by both football and basketball realignment crosswinds. I like that the A10 can focus on being a master of one sport as opposed to a jack in both.<br /><br />I am grateful Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-5384910541640855424.post-81667072669996425072012-05-16T16:19:55.106-04:002012-05-16T16:19:55.106-04:00Fair enough, Harvey. But you would agree it's...Fair enough, Harvey. But you would agree it's a risk if everything else remains constant.Anonymoushttps://www.blogger.com/profile/13068814551973487809noreply@blogger.comtag:blogger.com,1999:blog-5384910541640855424.post-27148310932994085842012-05-16T16:16:52.662-04:002012-05-16T16:16:52.662-04:00"But one can definitely say right now that th..."But one can definitely say right now that they will lose six million plus as a result of this move"<br /><br />No, one cannot say that. You can't count future NCAA payout losses without knowing future NCAA payout gains. One could definitely say right now that "VCU *might* lose UP TO six million plus over six years." That of course would be holding all other revenue Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-5384910541640855424.post-28838497723034685102012-05-16T13:47:59.698-04:002012-05-16T13:47:59.698-04:00Harvey, thanks for the comments, much appreciated....Harvey, thanks for the comments, much appreciated. I am fully aware that's it over five years. But one can definitely say right now that they will lose six million plus as a result of this move (based on your math as well). <br /><br />The only way they recoup the six million plus is if they make the NCAA Tournament (and win a few games as well) as an A-10 member. It's a calculated riskAnonymoushttps://www.blogger.com/profile/13068814551973487809noreply@blogger.comtag:blogger.com,1999:blog-5384910541640855424.post-69062055046843048792012-05-16T13:15:53.486-04:002012-05-16T13:15:53.486-04:00Nice article. However, VCU doesn't lose $6 mil...Nice article. However, VCU doesn't lose $6 million in the first year as you stated. The $5 million from NCAA Tourney success was to be paid over 6 years. Thus, let's assume that VCU pays both the A-10 entry fee and the CAA exit fee, plus an extra $150,000 in increased costs for athletics. When combined with the approximately $833,000 ($5 million divided by 6 years)in NCAA Tournament Harveynoreply@blogger.comtag:blogger.com,1999:blog-5384910541640855424.post-11679409596927037382012-05-16T06:39:29.794-04:002012-05-16T06:39:29.794-04:00Rob, first, thanks for the thoughtful comments. If...Rob, first, thanks for the thoughtful comments. If the A-10 is paying the exit fee and the entry fee, that's less of a blow. <br /><br />But still, even President Rao said there were short term losses, which he was likely referring to the five million in win shares they are losing by leaving the CAA.<br /><br />Yes, a few happy donors can make up that money, but this is a public university. Anonymoushttps://www.blogger.com/profile/13068814551973487809noreply@blogger.comtag:blogger.com,1999:blog-5384910541640855424.post-16053789411895010482012-05-15T23:41:47.566-04:002012-05-15T23:41:47.566-04:00VCU will now get a share of the A10 NCAA tournamen...VCU will now get a share of the A10 NCAA tournament pot and it is likely the A10 is paying part of the 250K + 700K transfer fees - so the move is not costing VCU 6M. VCU is selling out every game and they are adding the corner sections to the season ticket allotment, so they are not far from selling out every game on season tickets alone. Finally in the grand scheme, in theory a few happy Robhttps://www.blogger.com/profile/13029444051961043700noreply@blogger.com