Dec 14, 2012, 8:03 PM EDT
As news broke this past week that the Big East’s seven Catholic schools would break off and form their own conference, the one thing that has been the driving form behind realignment showed up again.
What was to become of the exit fees paid by schools that had previously defected from the Big East and would these Catholic Seven be obligated to pay exits fees of their own?
A report from the USA Today Friday is providing some clarity.
According to Mark Blaudschun, Big East commissioner Mike Aresco is working on a plan that would distribute the $20 million in exit fees to the ten active voting members of the conference—Marquette, Villanova, St. John’s, Georgetown, Providence, Seton Hall, Connecticut, South Florida, Connecticut, and DePaul.
The total amount of exit fees would later double, according to the report, but would be delivered in installments and could vary in amount due to legal disputes, including the departure of Rutgers from the conference.
“It’s one thing to say you are leaving,” a person familiar with the talks told the USA Today, “but the devil is in the details. They (the Catholic schools) did this, but I’m not sure if they have any idea of all the work that is involved in making it work. Right now, the Big East doesn’t have a television contract for basketball for next season.”
To read the entire report, click here.
Jul 5, 2015, 10:03 PM EDT
Thibodeaux’s decision came eight days after he began basic training.
Jul 5, 2015, 8:05 PM EDT
All of the violations were deemed to be Level III or Level IV violations, which isn’t a big deal at all.
Jul 5, 2015, 5:00 PM EDT
Plenty of college basketball players were in the FIBA U19 World Championships besides the Americans.
Jul 5, 2015, 3:37 PM EDT
The USA U19 team captured back-to-back FIBA World Championships for the first time since 1983.
Jul 5, 2015, 2:20 PM EDT
Mississippi State landed a commitment on Sunday from a transfer.
Jul 5, 2015, 10:30 AM EDT
Kansas (USA) is 2-0 so far at the World University Games.
Jul 5, 2015, 9:20 AM EDT
Markelle Fultz is one the best guard prospects in the country.
Jul 4, 2015, 7:45 PM EDT
Mathiang’s playing on an Australian team that includes the likes of Peter Hooley and Hugh Greenwood.
Jul 4, 2015, 5:00 PM EDT
The 6-foot-9 Henry averaged 6.0 points and 3.6 rebounds per game last season.
Jul 4, 2015, 3:59 PM EDT
Jalen Brunson led the way with 30 points for the United States, which plays Croatia Sunday.
Jul 4, 2015, 3:00 PM EDT
Miles Bridges is one of the better scorers in the 2016 class.
Jul 4, 2015, 2:15 PM EDT
The US is taking on the hosts in the semifinals, with the winner getting Croatia on Sunday.
Jul 4, 2015, 1:00 PM EDT
Four players from 2015 NCAA tournament programs are trying out for the Canadian national team.
Jul 4, 2015, 11:00 AM EDT
Kansas won its debut overseas this summer as Wayne Selden had a big outing.
Jul 4, 2015, 9:05 AM EDT
UConn landed a quality guard in the Class of 2016.
Jul 4, 2015, 8:00 AM EDT
Given Oregon’s many perimeter options, minutes were likely to be at a premium for Rorie in 2015-16.
Jul 3, 2015, 11:00 PM EDT
The top four players remain the same.
Jul 3, 2015, 9:19 PM EDT
The redshirt junior has not played since January 2014.
Jul 3, 2015, 7:30 PM EDT
The rising sophomore was originally being blocked from transferring to 55 schools.
Jul 3, 2015, 6:08 PM EDT
Ohio State begins its 2017 class with a local product.
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