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 30, 2014, 7:12 PM EDT
Mayo’s decision means that Marquette has to replace its top four scorers from last season.
Jul 30, 2014, 6:51 PM EDT
Just over a month after landing a junior college guard, the Rebels have their second commit in the Class of 2015.
Jul 30, 2014, 5:00 PM EDT
UCLA is holding out hope that John Wooden Court can be salvaged, but if not they’ll have time to replace it.
Jul 30, 2014, 3:12 PM EDT
Larrier is the best recruit that Shaka Smart has landed at VCU.
Jul 30, 2014, 12:51 PM EDT
After averaging 16.0 points per game as a freshman, the South Plains College guard is looking to become a better lead guard guard as a sophomore.
Jul 30, 2014, 11:39 AM EDT
It’s Dayton’s third commitment from the Class of 2015
Jul 30, 2014, 11:02 AM EDT
Oregon is now left with just nine scholarship players, only two of whom saw significant minutes last season.
Jul 30, 2014, 10:00 AM EDT
Coggins will be heading back closer to his Southern California home
Jul 30, 2014, 9:25 AM EDT
Rising sophomore forward Duncan Robinson played his freshman year at Williams College in Williamstown, Massachusetts, but could be on the move for next season.
Jul 29, 2014, 10:14 PM EDT
UCLA reopened Pauley Pavilion in 2012 after $136 million worth of renovations.
Jul 29, 2014, 8:34 PM EDT
The UCLA campus became flooded on Tuesday afternoon.
Jul 29, 2014, 8:30 PM EDT
Mike Krzyzewski is entering his 40th season as a head coach.
Jul 29, 2014, 6:45 PM EDT
Doug Wojcik has been investigated twice by the College of Charleston.
Jul 29, 2014, 6:15 PM EDT
Cal told The Sporting News that he couldn’t leave behind the guys that decided to return to school. Do you buy it?
Jul 29, 2014, 5:22 PM EDT
A former UK coach gave his listeners some new details about Willie Cauley-Stein’s injury.
Jul 29, 2014, 4:27 PM EDT
Malik Monk is a dream come true for the mixtape makers.
Jul 29, 2014, 3:46 PM EDT
And now they’re considering selling it at football games.
Jul 29, 2014, 1:50 PM EDT
The Bruins will be tested by the time Pac-12 play rolls around.
Jul 29, 2014, 11:55 AM EDT
Chad Frazier was arrested back in April.
Jul 29, 2014, 11:34 AM EDT
Another surprise cut was made at the point guard spot
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