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 26, 2014, 12:28 AM EST
Pinkston made a couple of huge plays down the stretch.
Nov 26, 2014, 12:10 AM EST
Another busy night of college hoops as the Maui semifinals wrap up and Arkansas gets a statement road win.
Nov 25, 2014, 11:50 PM EST
Maryland pulled off one of the biggest upsets of the young season as they outplayed No. 13 Iowa State for much of the game in front of a pro-Cyclone crowd in Kansas City.
Rondae Hollis-Jefferson’s selflessness during the Maui Invitational will help No. 3 Arizona in the long run
Nov 25, 2014, 10:18 PM EST
As Arizona has struggled to find consistent offense early in the 2014-15 season, the consistency and selfless nature of sophomore forward Rondae Hollis-Jefferson has allowed Sean Miller to experiment with what works early.
Nov 25, 2014, 7:45 PM EST
Kansas head coach Bill Self is trying to get through to his players by changing starting lineups.
Nov 25, 2014, 6:45 PM EST
The former national champion still has the touch.
Nov 25, 2014, 5:55 PM EST
The Barclays Center Classic doubleheader will air on Friday night on NBC Sports Network.
Nov 25, 2014, 5:20 PM EST
The Friars could be depleted on the perimeter against two tough opponents.
Nov 25, 2014, 4:24 PM EST
Minnesota will take a hit to its back court with this suspension.
Nov 25, 2014, 2:58 PM EST
I hope his joke doesn’t make people ignore the fact the he really felt bad about this.
Nov 25, 2014, 2:43 PM EST
We get some good gauge games on Tuesday night.
Nov 25, 2014, 1:18 PM EST
Frank Kaminsky and Jahlil Okafor are near the top, but the rest of the top five may surprise you.
Nov 25, 2014, 12:27 PM EST
Benjamin hurt his ankle against Michigan.
Nov 25, 2014, 10:30 AM EST
Jason McManamen is trying to prove Billy Hoyle and Sidney Dean wrong.
Nov 25, 2014, 9:00 AM EST
Michigan was dominated on the glass, but the freshman forward stepped up to ice the victory.
Nov 25, 2014, 7:00 AM EST
Can a team that runs a pressing system truly be one of the nations elite?
Late Night Snacks: San Diego State and BYU engage in double OT thriller; Nova, Zona earn big wins; Indiana upset at home
Nov 25, 2014, 2:00 AM EST
A busy night of tournament and non-conference action in college hoops made for some big wins for Villanova and Arizona and a home loss for Indiana.
Nov 24, 2014, 11:51 PM EST
We knew Iowa State had a lot of offensive weapons, but with the return of some key rotation players the Cyclones look really tough.
No. 6 Louisville jumps out to 29-0 lead, holds Savannah State scoreless for nearly 16 minutes in easy win
Nov 24, 2014, 9:35 PM EST
Louisville’s defense took it up a notch against Savannah State.
Nov 24, 2014, 8:30 PM EST
Tennessee is losing an assistant coach as a NCAA investigation into head coach Donnie Tyndall’s time at Southern Mississippi continues.
- JayVaughn Pinkston’s block gives No. 12 Villanova a win over No. 19 Michigan (VIDEO) 0
- Maryland upsets No. 13 Iowa State as fearless freshmen mix with gritty veterans for balanced effort 0
- Rondae Hollis-Jefferson’s selflessness during the Maui Invitational will help No. 3 Arizona in the long run 0
- Player of the Year Power Rankings: A familiar face on top, but a few surprises behind him 0
- Ricky Doyle secures 70-63 win for No. 19 Michigan over Oregon in Legends Classic 0
- Villanova’s win is evidence of why VCU may have peaked as a basketball program 13
- Mike Brey was excited about Notre Dame’s loss because the Irish have their closer back 1
- Poll: 54 percent of people think Kentucky beats the 76ers, 54 percent of people are dumb (31)
- Villanova’s win is evidence of why VCU may have peaked as a basketball program (13)
- College Basketball Talk’s latest top 25: Kentucky reigns, but how far will Kansas, Florida slide? (5)
- Rick Pitino on blow out win: ‘We played four white guys and an Egyptian’ (4)
- After getting embarrassed by No. 1 Kentucky, where does No. 5 Kansas go from here? (3)