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.
Aug 28, 2014, 10:25 PM EDT
Four Pac-12 schools remain in the running for the services of the former Arizona commit.
Aug 28, 2014, 9:03 PM EDT
Drew Edwards’ relationship with Providence head coach Ed Cooley was one reason why he chose PC.
Aug 28, 2014, 8:13 PM EDT
Esa Ahmad’s list includes Ohio State and two other Big Ten programs.
Aug 28, 2014, 6:55 PM EDT
Diamond Stone has cut his list to five schools, but just one has also offered friend Malik Newman.
Aug 28, 2014, 6:10 PM EDT
6-foot-10 forward/center Kavell Bigby-Williams would have given the Bobcats some additional size in the paint.
Aug 28, 2014, 4:49 PM EDT
Trayvon Reed, who was dismissed from the Maryland program following his arrest on multiple charges earlier this summer, will enroll at Auburn in December.
Aug 28, 2014, 3:43 PM EDT
There are already five players on the team Galemmo coached that have committed to high major programs.
Aug 28, 2014, 2:30 PM EDT
He deserved it after the season his Eagle team had.
Aug 28, 2014, 1:01 PM EDT
There’s now a reason why Charleston couldn’t hire their most famous alum.
Aug 28, 2014, 12:02 PM EDT
He’s only been at DePaul for four years.
Aug 28, 2014, 10:55 AM EDT
His reaction is priceless
Aug 28, 2014, 10:35 AM EDT
The Wildcats pulled a player off of a loaded AAU team’s bench.
Aug 28, 2014, 9:58 AM EDT
One of the most entertaining games in recent memory
Aug 27, 2014, 11:04 PM EDT
One of the three remaining schools for Henry Ellenson added his older brother to the program in the spring.
Aug 27, 2014, 10:36 PM EDT
Markus Howard decides to remain in the “Valley of the Sun” for college.
Aug 27, 2014, 9:15 PM EDT
NBC Sports Network will broadcast 33 Atlantic 10 games.
Aug 27, 2014, 7:40 PM EDT
While there are still some non-conference schedules to complete, the ACC conference schedule is loaded with quality matchups.
Aug 27, 2014, 6:11 PM EDT
Zylan Cheatham joins fellow freshman Malik Pope on the sidelines, with the latter still working to rehab a leg he broke twice while in high school.
Aug 27, 2014, 5:15 PM EDT
With their two finalists having removed their names from consideration, the College of Charleston is back to square one in its search for a new head coach.
Aug 27, 2014, 5:09 PM EDT
Non-Power 5 programs will be allowed to do just that.
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