Skip to content

The Catholic 7 have made the decision to leave the Big East

Dec 13, 2012, 7:48 PM EDT

Mike Aresco

In case you weren’t ready to believe it yet, there are multiple reports out that state that the Catholic 7 have officially made the decision to make their exit from the Big East.

The question now is, simply, how?

From ESPN:

The presidents of the seven schools conducted a teleconference with Big East commissioner Mike Aresco on Thursday morning. The presidents are expected to issue a statement on their schools’ future in the next 24 to 48 hours.

According to the report from USA Today, the basketball schools have two options. The first is that they can leave as a group, and while that would prevent them from having to pay any exit fees, it would forfeit their share of the exit fees from the schools that have already left the conference, the NCAA tournament win-shares and their right to the Big East “brand”.

The other option?

Well, that’s where things could get crazy:

The Catholic schools could vote to dissolve the league. With seven votes out of 10 being cast (Connecticut, South Florida and Cincinnati are the others), the Catholic schools would have the two-thirds majority to pass that measure.

Once that is done, the outstanding bills of the league would be paid and the assets would then be divided among the 10 members. But everything else disappears including the current agreements in place with football and basketball, naming rights for each conference and the issue of spots in the new football system of playoffs and bowl games and the NCAA tournament spot that is guaranteed to the Big East tournament champion.

(UPDATE: Well, maybe not:

I can’t keep up.)

If you’re a lawyer, you might want to try and get yourself connected with whatever firm the Big East and the Catholic 7 schools hire.

Because regardless of how this plays out, the legal fees generated while the schools fight over who gets what money will be enormous.

I should have gone to law school.

Latest Posts
  1. Report: UTEP head coach Tim Floyd emerges as a candidate for Missouri job

    Apr 22, 2014, 11:08 PM EDT

    AP AP

    The UTEP coach is now a candidate to replace Frank Haith at Missouri.

  2. Former Marquette commit Marial Shayok picks Virginia

    Apr 22, 2014, 10:10 PM EDT

    AP AP

    Virginia got its fourth commit on Tuesday night.

  3. UConn’s journey to the 2014 National Title (VIDEO)

    Apr 22, 2014, 9:09 PM EDT

    UConn AP

    A look back on UConn’s second title in four years.

  4. Southern and head coach Roman Banks agree to new deal

    Apr 22, 2014, 8:05 PM EDT

    Getty Images Getty Images

    The Southern coach is receiving a contract extension.

  5. Oregon point guard Johnathan Loyd practices with football team

    Apr 22, 2014, 7:15 PM EDT

    AP AP

    Loyd is converting from point guard to wide receiver.

  6. John Egbunu becomes fifth player to transfer from South Florida

    Apr 22, 2014, 6:30 PM EDT

    Getty Images Getty Images

    The Bulls announced the fifth departure this spring.

  7. Andrew Wiggins is the most searched athlete in Kansas … and Kentucky

    Apr 22, 2014, 5:00 PM EDT

    AP AP

    Andrew Wiggins is the most searched athlete in two states, according to a recent study.

  8. Auburn will not appeal Bruce Pearl’s show-cause penalty

    Apr 22, 2014, 2:43 PM EDT

    AP Photo AP

    Auburn will accept the punishment that has been given to Pearl by the NCAA.

  9. Kentucky freshman Julius Randle has formally declared for the NBA Draft

    Apr 22, 2014, 1:57 PM EDT

    AP Photo AP

    Kentucky is still waiting for a decision from four players.

  10. Report: Illinois forward Darius Paul arrested

    Apr 22, 2014, 1:18 PM EDT

    ILLINOIS_WALLMARX_LOGO-220x300

    Darius is the younger brother of former Illini guard Brandon Paul.

  11. ACC’s league schedule highlights the flaws of massive power conferences

    Apr 22, 2014, 11:52 AM EDT

    spt-110919-acc-logo

    The ACC schedule is what happens when leagues get too big.

  12. Mixtape for Ivan Rabb, the No. 2 recruit in the country (VIDEO)

    Apr 22, 2014, 10:55 AM EDT

    Ivan Rabb is the best big man in a loaded class of bigs, according to Rivals.

  13. Report: Clemson’s K.J McDaniels to enter the 2014 NBA Draft

    Apr 22, 2014, 9:53 AM EDT

    K.J. McDaniels AP

    K.J. McDaniels might win an NBA dunk contest one day.

  14. Willie Cauley-Stein has surgery, gets a new on-campus vehicle?

    Apr 22, 2014, 9:40 AM EDT

    Cauley-Stein will be out for a couple of months.

  15. Report: Indiana assistant coach Kenny Johnson moves on to Louisville

    Apr 21, 2014, 11:54 PM EDT

    Indianapolis Star Indianapolis Star

    Indiana assistant coach and recruiting coordinator Kenny Johnson is moving on to Louisville.

  16. Report: Tennessee hires Southern Miss coach Donnie Tyndall

    Apr 21, 2014, 10:33 PM EDT

    Donnie Tyndall AP

    Tennessee found its man on Monday night as the Vols hired Southern Miss coach Donnie Tyndall.

  17. Reports: LSU freshman Jordan Mickey still undecided on 2014 NBA Draft

    Apr 21, 2014, 9:46 PM EDT

    jordan mickey AP

    LSU freshman forward Jordan Mickey is still deciding whether or not to enter the 2014 NBA Draft.

  18. Rice transfer Sean Obi commits to Duke

    Apr 21, 2014, 8:53 PM EDT

    Mike Krzyzewski AP

    Duke landed an impact transfer on Monday with Rice big man Sean Obi.

Featured video

Derrick Gordon says 'Why not me?'