Mar 8, 2013, 12:35 PM EDT
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.
Apr 24, 2015, 10:39 PM EDT
He will be attending law school.
Apr 24, 2015, 8:51 PM EDT
Kaleb Tarczewski decided to return to Arizona earlier in the day.
Apr 24, 2015, 8:15 PM EDT
The fifth banner is now hanging in Cameron Indoor Stadium.
Apr 24, 2015, 6:56 PM EDT
DePaul lost a junior guard and a three-star forward (for the second time) on Friday evening.
Apr 24, 2015, 6:00 PM EDT
He’ll be able to play immediately.
Apr 24, 2015, 4:21 PM EDT
The second team All-MAC guard will have two years of eligibility left.
Apr 24, 2015, 2:35 PM EDT
Walker’s career didn’t pan out the way anyone expected, but he’s headed to the pro game after two seasons.
Apr 24, 2015, 2:15 PM EDT
Who’s going pro? Who’s returning to school? Who are we still waiting to hear from?
Apr 24, 2015, 1:52 PM EDT
A roster that will be both young and talented returns its leader as Dunn will be back for another season.
Apr 24, 2015, 1:14 PM EDT
It was reported earlier this week that Newman would be headed to Starkville, and he made it official Friday afternoon.
Apr 24, 2015, 12:55 PM EDT
The return of “Zeus” means that Arizona will have one returning starter from last year’s 34-4 team.
Apr 24, 2015, 12:16 PM EDT
The return of Buddy Hield pushes previously unranked Oklahoma into our way too early rankings.
Apr 24, 2015, 11:34 AM EDT
The reigning Big 12 Player of the Year has some unfinished business to attend to next season.
Apr 24, 2015, 11:15 AM EDT
Poythress played in eight games before suffering a torn ACL in practice.
Apr 24, 2015, 9:35 AM EDT
Sterling Smith averaged 13.9 points and 4.9 rebounds per game at Coppin State last season.
Apr 23, 2015, 9:22 PM EDT
Long averaged a double-double for the third consecutive season in 2014-15. He’ll hang around to make a run at a fourth.
Apr 23, 2015, 8:01 PM EDT
Johnson led the Wildcats in scoring last season while also averaging 6.5 rebounds per contest.
Apr 23, 2015, 6:50 PM EDT
Minnesota had a need for added depth on the wing, and the addition of Ahmad Gilbert helps in that regard.
Apr 23, 2015, 5:01 PM EDT
A second team All-Summit League selection last season, Billbury will be eligible immediately for VCU.
Apr 23, 2015, 4:05 PM EDT
Wallace led the Golden Bears in points, rebounds and assists last season.
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