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.
Nov 20, 2014, 9:43 PM EST
Johnathan Holmes sparked the Texas comeback.
Nov 20, 2014, 9:29 PM EST
2015 participants George Mason (2010) and Seton Hall (2011) will play in the Gildan Charleston Classic for the second time in the history of the event.
Nov 20, 2014, 8:36 PM EST
Caris LeVert led the way with 21 points and nine rebounds, and Michigan held Juwan Howard Jr. without a point over the final 5:39.
Nov 20, 2014, 6:59 PM EST
Dominic Woodson injured his left hand in practice Sunday.
Nov 20, 2014, 6:04 PM EST
More than sixty inches of snow have fallen in western New York this week, so it makes little sense to attempt to play a sporting event as scheduled.
Nov 20, 2014, 4:58 PM EST
Arizona, Michigan State and Providence all reached last season’s NCAA tournament.
Nov 20, 2014, 3:32 PM EST
Who is the most clutch player in the country?
Nov 20, 2014, 2:37 PM EST
The 2014 Maui Invitational kicks off on Monday.
Nov 20, 2014, 1:57 PM EST
I cannot respect your intelligence if you think Kentucky beats Philly. I just can’t do it.
Nov 20, 2014, 1:29 PM EST
The last two years, Wichita State, UConn and Kentucky have all made the Final Four as teams seeded outside the top six.
Nov 20, 2014, 12:45 PM EST
You have to love early morning basketball.
Nov 20, 2014, 12:30 PM EST
Sad: One of the sport’s most notorious coaches is struggling with his health.
Nov 20, 2014, 11:50 AM EST
All of today’s college hoops action.
Nov 20, 2014, 11:05 AM EST
There’s more to Shaka Smart than meets the eye.
Nov 20, 2014, 10:32 AM EST
Will we ever see Butler’s head coach on the sideline again?
Nov 20, 2014, 1:05 AM EST
It was a quiet night on the college hoops front, but one ranked team went down.
Nov 20, 2014, 12:53 AM EST
Rondae Hollis-Jefferson was the spark plug for a team that has a lot of progress to make offensively.
Nov 19, 2014, 11:37 PM EST
Jakeenan Gant has yet to play in a game for Missouri.
Nov 19, 2014, 10:42 PM EST
Now that is hops.
Nov 19, 2014, 10:37 PM EST
This is a huge win for Creighton and for the Big East as a whole.
- Poll: 54 percent of people think Kentucky beats the 76ers, 54 percent of people are dumb 20
- Burning Questions: Who will be this year’s surprise freshman standout? 0
- After getting embarrassed by No. 1 Kentucky, where does No. 5 Kansas go from here? 3
- No. 1 Kentucky’s size, depth overwhelms No. 5 Kansas, makes 40-0 seem possible? 5
- No. 4 Duke proves No. 19 Michigan State cannot win at elite level if they keep missing on elite talent 3
- Wofford’s grueling start to the season began well before their 7:00 a.m. game 0
- No. 13 Gonzaga makes definitive statement with blowout of No. 22 SMU 2
- Poll: 54 percent of people think Kentucky beats the 76ers, 54 percent of people are dumb (20)
- No. 1 Kentucky’s size, depth overwhelms No. 5 Kansas, makes 40-0 seem possible? (5)
- No. 1 Kentucky survives Buffalo despite ugly effort offensively (4)
- Pregame Shootaround: No. 14 Iowa State needs to be on upset alert tonight (3)
- Miami upsets No. 8 Florida thanks to the Angel Rodriguez takeover (3)