Mar 8, 2013, 12:35 PM EST
The split that’s been rumored to be on the horizon is now official, as the Big East Conference released a statement on Friday announcing that the two groups reached an agreement.
As a result of the move the schools originally dubbed the “Catholic 7″ will become the Big East on July 1, 2013.
No financial terms were discussed in the statement, but it’s likely that the three all-sports members (Cincinnati, Connecticut and South Florida) stand to receive a sizable amount of money due to exit fees paid by both former members of the Big East (schools such as West Virginia, Pittsburgh and Syracuse) and the Catholic schools.
“I am pleased that this agreement has been reached,” said Big East commissioner Mike Aresco in the statement. “With the long-term well-being of our outstanding institutions and their student-athletes of paramount importance, each group worked through a number of complex issues in an orderly, comprehensive and amicable manner marked by mutual respect.
“We part ways as friends and colleagues and look forward to the success of both conferences.”
“We are grateful to Commissioner Michael Aresco for spearheading an agreement that truly represents the best path forward for each of our great institutions and the thousands of student-athletes who compete for our schools annually,” the presidents of the basketball schools stated in the same release.
“It is a great credit to Mike, our colleagues, and all involved that we were able to work through a host of highly complex and time-sensitive issues in such a short period of time. We are pleased that we reached this amicable and mutually-beneficial separation by approaching each issue with a spirit of cooperation and shared respect.”
With today’s announcement two important moves need to be made by the “new” Big East: reaching an agreement for its media rights, and adding new members to complete the conference lineup. The schools which have been most prominent in reports have been Butler and Xavier, with Creighton, Dayton and Saint Louis also being mentioned as possibilities.
Both conferences will have automatic bids to the NCAA tournament, which shrinks the at-large pot from 37 bids to 36 (given the way in which some bubble teams have played down the stretch, this may be a good thing).
As for the football-playing schools who will develop a new conference they’re still looking into a name for the league, as Aresco denied reports that the “America 12 Conference” was the favorite in a separate statement.
“We have not chosen a new conference name at this time and there are no favorites. We are going through a thoughtful evaluation of potential names for our conference, and will select a name in a timely manner through a comprehensive and deliberate process that involves our presidents and athletic directors as well as constituents from inside and outside the conference. We are excited about the prospect of re-branding and look forward to working with our institutions and our fans as we engage in this process.”
Now that the important business has been settled, both entities get to move forward in hopes of making their respective leagues as strong as possible. The splitting of the Big East is unfortunate, but it’s also business.
Mar 8, 2014, 7:49 PM EST
No. 3 Arizona hasn’t been the best perimeter shooting team, but they’ve been able to make up for that on most days. That wasn’t the case against Oregon, and the struggles of Rondae Hollis-Jefferson and Gabe York didn’t help either.
Mar 8, 2014, 7:16 PM EST
Get caught up on all of Saturday’s bubble action
Mar 8, 2014, 7:09 PM EST
Texas A&M celebrated Senior Day on Saturday and it included honoring former high school signee Tobi Oyedeji, who was tragically killed in a car accident in 2010 and never played for the school.
Mar 8, 2014, 6:45 PM EST
Oregon wins its seventh straight, and the Ducks likely punched their ticket to the NCAA tournament with the win over No. 3 Arizona.
Mar 8, 2014, 6:15 PM EST
No. 19 UConn has struggled to crack 70 points during a recent six-game stretch and it could lead to an early exit for the Huskies in the postseason.
Mar 8, 2014, 6:01 PM EST
The top seed in next week’s American Athletic Conference was determined by an old school method Saturday afternoon.
Mar 8, 2014, 6:00 PM EST
Cleanthony Early scored 20 points to lead No. 2 Wichita State to a 67-42 rout of Missouri State in the semifinals of the Missouri Valley tournament. The Shockers improve to 33-0 on the season with the victory, one game away from heading into Selection Sunday with an unblemished record. They will play the winner of…
Mar 8, 2014, 5:06 PM EST
As Louisville sophomore forward Montrezl Harrell puts up huge numbers against great competition in the last few weeks are the Cardinals a threat to make a run at back-to-back national titles?
Mar 8, 2014, 4:14 PM EST
At this point, there should be no questioning whether or not Oklahoma State is back to being the team that they were back in December. If it wasn’t for a missed free throw from Phil Forte, an 88.9% free throw shooter, and a buzzer-beating three from Naz Long at the end of regulation, the Cowboys…
Mar 8, 2014, 3:34 PM EST
No. 8 Kansas fell on the road to West Virginia on Saturday, but the Jayhawks will take the loss knowing that the superstar version of Andrew Wiggins might have finally come to life.
Mar 8, 2014, 3:21 PM EST
Just how concerned should we be by Kentucky’s struggles over the last two weeks?
Mar 8, 2014, 2:53 PM EST
Oklahoma State star Marcus Smart has developed a reputation for flopping this season. Don’t, for a second, think that opposing student sections haven’t noticed.
Mar 8, 2014, 2:41 PM EST
No. 1 Florida spent Saturday showcasing just what makes them so dangerous heading into the NCAA tournament.
Mar 8, 2014, 2:36 PM EST
No. 20 Memphis is known for the play of its senior guards, but does their improving frontcourt give them a chance at a postseason run?
Mar 8, 2014, 12:00 PM EST
As the regular season nears an end, Bob Baptist of the Columbus Dispatch has a fantastic feature on Ohio State senior point guard Aaron Craft that you should definitely check out.
Mar 8, 2014, 10:40 AM EST
Conference tournament action heats up on Saturday as the Ohio Valley Conference’s title game takes place and 12 different leagues have tournament action. We preview the day’s action here.
Mar 8, 2014, 9:00 AM EST
Although conference tournaments are underway, there are still plenty of tremendous regular-season matchups on Saturday including No. 14 North Carolina at No. 4 Duke and a pair of top-25 matchups in the American.
Mar 8, 2014, 8:00 AM EST
Jason Garrett and Tony Romo get some shots up at Cameron, and the quarterback can shoot.
Mar 8, 2014, 1:00 AM EST
A recap of Friday night’s action, including Harvard wrapping up the Ivy League crown
Mar 7, 2014, 10:22 PM EST
Siyani Chambers and company played much better in the rematch, beating Yale to earn a third consecutive NCAA tournament berth.
- Bubble Banter: Oregon, Tennessee headline Saturday’s early winners 0
- Oregon’s big win over No. 3 Arizona caps impressive regular season turnaround 0
- No. 8 Kansas loses, but The Andrew Wiggins Show is what’s important 1
- No. 1 Florida’s undefeated SEC season not just a by-product of their league 5
- Harvard wraps up third consecutive NCAA tournament berth (VIDEO) 0
- Weekend Preview: The regular season comes to a close 1
- For the first time in months, No. 22 Michigan State and Keith Appling look healthy 6
- No. 7 Syracuse falls to Georgia Tech in a shocking home loss (9)
- College Basketball Talk’s latest Top 25 (6)
- Assigned Reading: Dean Smith’s health continues to deteriorate (6)
- For the first time in months, No. 22 Michigan State and Keith Appling look healthy (6)
- Bracketology: Eight teams in play for No. 1 seeds (6)