The SEC has scheduled a meeting Thursday to "decide whether to terminate Louisiana State University (“LSU”) as an SEC member institution pursuant to Section 3.1.5 of the SEC Constitution and Bylaw."

https://x.com/rossdellenger/status/2097346080148996362?s=46&t=wcFDduFgx8XslEYqZVJrwQ

Resolves YES if LSU gets removed from the SEC as a result of this scheduled meeting. If the meeting gets moved to a different date I will move the close date. If the meeting is canceled and no vote is expected to take place the market will resolve NO.

Other scenarios will be evaluated on a case by case basis but it can be expected that those will be resolved under the spirit of "LSU being removed from the SEC due to a vote from the conference related to the recent drama surrounding previously professional NFL athletes and college eligibility."

The close date for the market is set for early morning on the date of the currently scheduled meeting. So traders should not expect to be able to trade on the results of the vote after it happens.