|
|
Post by grayman on Mar 26, 2024 14:48:00 GMT -8
Maybe I'm just completely missing this but I'm still stuck on the rolling six years part.
If OSU and WSU are getting the 2024 units in April 2025, what is the relevance of the six-year period?
Are OSU and WSU getting a payout based on 10-13 units in April 2025 or 50-53 units or the 7 units from 2019 or something else?
In internet searches I'm finding a lot of references to the basketball performance fund and the six-year rolling period but nothing that explains exactly how it works as far as the yearly disbursements.
|
|
|
|
Post by rgeorge on Mar 26, 2024 18:02:22 GMT -8
Maybe I'm just completely missing this but I'm still stuck on the rolling six years part. If OSU and WSU are getting the 2024 units in April 2025, what is the relevance of the six-year period? Are OSU and WSU getting a payout based on 10-13 units in April 2025 or 50-53 units or the 7 units from 2019 or something else? In internet searches I'm finding a lot of references to the basketball performance fund and the six-year rolling period but nothing that explains exactly how it works as far as the yearly disbursements. Someone will explain it better more in depth, but... Each season's "units" are paid out over 6 years... hence 1/6 per the next 6 years. Some one had posted the previous units... each year units have increased so have a different value, but for ease of math 2024 units of say $24 mil... $4 mil in '25 + 1/6 of each of '23, '22, '21, '20, '19 units Etc |
|
|
|
Post by grayman on Mar 26, 2024 18:05:54 GMT -8
Maybe I'm just completely missing this but I'm still stuck on the rolling six years part. If OSU and WSU are getting the 2024 units in April 2025, what is the relevance of the six-year period? Are OSU and WSU getting a payout based on 10-13 units in April 2025 or 50-53 units or the 7 units from 2019 or something else? In internet searches I'm finding a lot of references to the basketball performance fund and the six-year rolling period but nothing that explains exactly how it works as far as the yearly disbursements. Someone will explain it better more in depth, but... Each season's "units" are paid out over 6 years... hence 1/6 per the next 6 years. Some one had posted the previous units... each year units have increased so have a different value, but due ease of math 2024 units of say $24 mil... $4 mil in '25 + 1/6 of each of '23, '22, '21, '20, '19 units Etc $4mil in '26 OK, got it. Makes sense. Thanks |
|
|
|
Post by rgeorge on Mar 26, 2024 18:34:14 GMT -8
Someone will explain it better more in depth, but... Each season's "units" are paid out over 6 years... hence 1/6 per the next 6 years. Some one had posted the previous units... each year units have increased so have a different value, but due ease of math 2024 units of say $24 mil... $4 mil in '25 + 1/6 of each of '23, '22, '21, '20, '19 units Etc $4mil in '26 OK, got it. Makes sense. Thanks Not sure where that last line was from?? Guess I was going to go further?? |
|
|
|
Post by grayman on Mar 26, 2024 18:44:50 GMT -8
OK, got it. Makes sense. Thanks Not sure where that last line was from?? Guess I was going to go further?? It's fine...it was the 1/6 each year that was the answer I was looking for |
|
