OVC Increases Entry and Exit Fees

Joining the OVC now will cost a lump sum of $150,000 for a Division II university or $100,000 for a Division I school, a jump from only having to pay the admission expenses.

Leaving with two years’ notice will cost $500,000 plus forfeiting year-end and basketball revenue distributions for two years. Previously, schools forfeited their share of the league’s distributions. The fee for bolting with less than two years’ notice had been $200,000, and now will cost $750,000 plus forfeiting distributed money.

 

 

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