SEC quietly adds exit fee

It appears that last January the SEC added an exit fee of $30-45M for any school that departs. This story says it is because of the payouts that the conference made to schools for the 20-21 school year.

Link: SEC Exit Fee

Posted: 01/04/2022 at 10:05PM

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SEC quietly adds exit fee -- mrcaniac 01/04/2022 10:05PM

Surprised they though they needed it? -- EDGEMAN 01/05/2022 10:04AM

IIRC, the SEC borrowed money to lend the schools -- mrcaniac 01/05/2022 1:42PM

I could see theoretical arguments for a school to leave the SEC -- OU_Sooner 01/05/2022 5:26PM

Maybe to protect against a “super league”? -- Truthahn 01/05/2022 09:36AM

SEC quietly adds exit fee

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