So do you think Utep is being overly cautious and judicious or just the right amount since the landscape keeps changing?
I don't know what's happening. I've worked some business deals and I have thoughts on what should be happening.
UTEP should have had a prospectus ready to send out with minor modifications.
They should have had their own internal financials well understood.
In the early stages you start talking in big picture generalities to see if there's mutual interest and what the potential sticking points are. UTEP reaches out to PAC and MWC. They tell them our side of the numbers and ask to see what numbers the conference is kicking around. You do your own due diligence to see if their numbers match what you think. The conference does the same. Then you start working on the sticking points.
Conference will probalby ask us to commit to a minimum budget. We will ask them to commit to a minimum payout. Etc. etc.
This all takes time. At no point do you tell your middle managers or workers what's going on. I seriously doubt a random position coach on the football team knows the true state of things. You don't announce things until it's nearly a done deal. Anything that's public is probably a red herring.
I don't know who your contacts are, you may well have more inside knowledge than this guy.
I do have 100% faith that if there is a way to screw things up and leave us worse off than we are now, UTEP's leadership will find a way.
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