Blog Entry

Big East, WVU reach $20M settlement

Posted on: February 9, 2012 10:00 pm
Edited on: February 10, 2012 9:41 am
 

West Virginia and the Big East Conference have reached a verbal agreement that would compensate the Big East $20 million and allow the Mountaineers to join the Big 12 Conference this season, college football industry sources told CBSSports.com.

On Wednesday, CBSSports.com first reported the Big East Conference and West Virginia were nearing a settlement of at least $20 million that would resolve all issues between the two parties. That settlement was reached one day later.

"It probably will be officially done [on Friday]," a source told CBSSports.com.

The Charleston Daily Mail first reported Thursday night that West Virginia and the Big East had reached a $20 million “conditional agreement.” West Virginia must pay the Big East $11 million and the Big 12 Conference would be responsible for the remaining $9 million, the Daily Mail reported. Acting Big 12 commissioner Chuck Neinas said recently the Big 12 would consider assisting the Mountaineers with their exit fees, if they asked.

It’s unknown if the $20 million is in addition to, or includes, the $5 million exit fee that West Virginia initially paid when it announced in October it was withdrawing from the Big East to join the Big 12 in 2012 and would not honor the league’s 27-month notice requirement before leaving.

Besides the $11 million it must pay the Big East, West Virginia also owes Florida State $500,000 after last week canceling a Sept. 8 game in Tallahassee. FSU athletic director Randy Spetman told the Orlando Sentinelhis school might also seek liquidated damages against WVU if a comparable opponent can not be found.

Last week the Big 12 Conference indicated it had provided its television partners with its 2012 football schedule and that West Virginia was on it. The league also is expected to release the schedule to the public on Friday.

CBSSports.com previously reported that West Virginia officials had contacted future Big East members to see if one could join the Big East in 2012, instead of 2013, to lower the amount of financial hardship to the league and also likely reduce the amount of West Virginia’s settlement with the league.

The Daily Mail reported that West Virginia’s $20 million settlement would not increase if the Big East is unable to find a replacement for the Mountaineers this fall.

Boise State is the most likely candidate to join the Big East a year early. Sources told CBSSports.com that Boise State has had discussions with the Western Athletic Conference to determine if its Olympic sports teams could join the WAC in 2012 so the Broncos’ football program could join the Big East this fall.

Boise State would have to pay the Mountain West about $7 million to $9 million to join the Big East in 2012, instead of 2013. Last week, Boise State president Bob Kustra told the Idaho Statesman it was "too late" for the Broncos to join the Big East in 2012. However, sources said they were skeptical of Kustra's comments and believe Boise State will be playing in the Big East this fall.

On Wednesday’s teleconference to announce Memphis as the Big East’s newest member, Big East commissioner John Marinatto would not comment on if the league would have a new team added for 2012 or when he expected the issues between the league and West Virginia to be resolved.

With the legal issues behind them, the Mountaineers officially will join the 10-team Big 12 Conference on July 1 along with TCU. The remaining Big 12 members are: Baylor, Kansas, Kansas State, Iowa State, Oklahoma, Oklahoma State, Texas and Texas Tech.

Comments

Since: Jun 2, 2007
Posted on: February 11, 2012 2:53 pm
 

Big East, WVU reach $20M settlement

Yea and a very average Pittsburgh team went into West Virginia and ruined a undefeated season. Does one game really make the ACC a bad conference? WVU lost to Syracuse by the way and they are going to the ACC. They beat Pittsburgh by 1.  The same Porsche watched UCONN represent the BE last year.

BCS wins are thing of the past. Unless you're watching Texas and Oklahoma win them. Atleast I realize what Pitt is and you guys are living in fantasyland. Porsche HAHAHA....

My opinion-

SEC- The best no argument.

Big 10 - These 4 divisions switch every year.
ACC
Big 12
Pac 12

Mountain West  Next 2
Big East

Then who really cares?



Since: Dec 17, 2006
Posted on: February 11, 2012 2:26 pm
 

Big East, WVU reach $20M settlement

HAHAHA, top conference in football my @$$. The ACC is nowhere near the top in terms of conferences. By the way that WVU team that shared the Big East title, just beat the ACC champ 70-33. That WVU team also has more BCS wins (3) than the entire ACC.



Since: Jun 2, 2007
Posted on: February 11, 2012 2:15 pm
 

Big East, WVU reach $20M settlement

First off WVU shared a BE title in the worst conference in Football. So lets kill the porsche talk. I get it Pittsburgh was in that conference too but it's hard to have 6 coaches in 2 years but we did it. The ACC makes sence for Pittsburgh. Why because we recruit where we play, we can travel to away games, It's a top conference in Basketball and Football. It sounds like sour grapes to me. I'm sure you always wanted WVU in the Big 12!!! As for some coach said they left the Porsche maybe he should've told the rest of the conference. I'm guessing most people would consider Pitt and WVU in the same class.

WVU has always recruited PA and this year they we're shutout.



Since: Oct 23, 2011
Posted on: February 11, 2012 1:24 pm
 

Big East, WVU reach $20M settlement

Buford like i told Dewey if it is luck that we got in find, i'll take it everyday of the week. If there was a article about WVU submitting paper work to WVU here on CBS it should be easy to find for you to paste the link. But i know you wnat find it cause it never was on CBS or anywhere. As for the SEC if Missouri had not decided to leave the Big 12 WVU would had been in the SEC. And i agree with you on VT they couldn't be more happy to be were they are. But the fact remains they were still turned down not once but twice.




Since: Jul 9, 2010
Posted on: February 11, 2012 12:49 pm
 

Big East, WVU reach $20M settlement

ldl211...........You got that right, VT waited 30 years to get in the ACC, maybe 35 to 40, because the ACC is 60 years old.  But Miami, VT and BC are proud to be in an elite league as the ACC, since it encomposses Academic and Athletic Excellence.  VT saves hundreds of thousands of dollars a year in transportation cost alone for their Athletic Dept., that can be used for more Athletic Scholarships. Virginia Tech is positioned very well in the middle of the ACC from from Miami to Boston in the Eastern Time Zone. In earlier additions of CBS Sports, it was stated that WVU had made application to the ACC and SEC, but were turn down.  You need to understand that the SEC, ACC, and B1G did not feel WVU brought enough to the table to be invited to either of these 3 BCS Conferences.  That's no slight on WVU, it is just business in this day and time.  The reason WVU is in the BIGXII is the luck of the draw at this time, and filled in very well for the BIGXII in a desperate situation to have 10 football teams for 2012.  Good luck to WVU in the BIGXII next year, and for the many years after. 



Since: Dec 22, 2011
Posted on: February 11, 2012 12:08 pm
 

Big East, WVU reach $20M settlement

I find BGreek's discuss of integrity interesting.  To me it is the BE that truly lacked integrity.  They continously bowed to the desires of the basketball playing schools disregarding the needs of the football playing schools.  The BE stuck their head in the sand after the first raid of their football programs.  Football schools from the BE have continoulsy asked for expansion.  The conference continued to remain idle in a period of expansion even after the departure of VT, Miami, and BC.  To allow a BCS conference to sit for all of those years at 8 schools was completely irresonsible.  To me the BE should be the one that has to pay the football schools for their incredible lack of leadership.  If you think their lack of leadership didn't hurt these programs, ask the leaders of VT, Miami, BC, Pitt, Cuse, and WVU their opinion.  Or better yet, ask the remaining BE football schools will now be playing in what amounts to a glorified Conference USA.  Sorry, WVU did not lack integrity.  They acted out of self-preversation to what amounts to incompetency by the BE.



Since: Oct 23, 2011
Posted on: February 11, 2012 11:28 am
 

Big East, WVU reach $20M settlement

 

What a sad day for everyone who cares about the development of good citizenship and creating a generation who shares the American values of honor, integrity and commitment.  Today that the bullies that are the leadership of the Big 12 and West Virginia were able to buy the University out of their freely given word and commitment.   They are examples of entities that have no honor and no integrity; and should expect none from their players, students, coaches or fans.  And sadly the Big East leadership took the easy road not the right road in this situation. They have just increased the instability in the conference and opened the door for all other members to leave regardless of any previous commitment.  Exactly how do you have a league with only 5 foot ball teams?! I am ashamed of the Big East leadership, the board, the Commissioner-for not doing what is needed; anyone involved in this decision at the Big East needs to be shown the door. 




Since: Oct 23, 2011
Posted on: February 11, 2012 11:18 am
 

Big East, WVU reach $20M settlement

Hey Dewey-  Wasn't it one of the ACC schools AD that came out and said that the ACC left the Porsche {WVU} in the carport and took the Volkswagen {Syracuse} and the Pinto {Pittsburgh}.
And you are crazy like the rest of the ACC fans that think moving to the Big 12 is going to hurt WVU recruiting. If anything i will help it.
And of course WVU and a lot of the other schools got lucky with this expansion. But the Big 12 knew what they wanted and went out and got it. And didn't listen to a TV network to tell them who to take. If it was luck that we ended up in the Big 12, so what I'll take it, every day of the week. Cause the fact remains WVU is in the Big 12 and your in the All Cupcake Conference. And don't think for one minute that i wanted to see WVU in the ACC. The SEC yes, the ACC or the Big 10 hell no.



Since: Jun 2, 2007
Posted on: February 11, 2012 10:57 am
 

Big East, WVU reach $20M settlement

The reason WVU didn't get into the ACC and SEC was because education matters in those conferences. The Big 12 didn't choose a Porsche or Ferrari either. Both moves were out of desperation of other teams leaving and TV contracts. I'm happy for West Virginia because they are out of the Big East but really they were lucky the Big 12 needed 2 teams because nobody else wanted them.

The bad news for WVU is that they could've won the Big East every year and had a BCS bowl. The Big 12 isn't exactly going to work out that way. Texas, Oklahoma, and Oklahoma ST are on another level. Then TCU, Texas Tech, WVU, and Baylor is another level. Then bring recruiting into it and they could even drop a level. They lost Pennsylvania completely and while playing in the Big 12 might open up Texas and Oklahoma some. WVU is getting what the closer schools dont want. It's a shame to because with what happened at PSU this year I thought WVU and Pittsburgh would take over the PA recruiting.

As a Pittsburgh fan I like WVU and it sucks to see the Backyard Brawl gone but Luck ran his mouth when Pitt and Syracuse left. That will end up costing us this rivalry. Plus Pittsburgh and Notre Dame have agreed to keep playing each other. Pitt is pushing for PSU now that Joe Paterno is gone. That leaves 1 game left and while I would love it to be WVU I'm guessing that it stays open for a different flavor every year.



Since: Jun 2, 2011
Posted on: February 11, 2012 9:56 am
 

Big East, WVU reach $20M settlement

Mac, please don't lump all Mizzou fans together. There were 2 maybe 3 Mizzou fans who commented on this story. (I did a quick skim of all 14 pages of posts.). I can only speculate why they commented, which may have been because to WVU fans blamed Mizzou for the $20 million fee or the OU fan who said they were glad that Mizzou and A&M were leaving. Either way, both sides are wrong. Mizzou left early true, but would the league really wanted them to stay, no. The same can be said for WVU and the big east. Once a school announces it's leaving it's better to just end quick and easy then draw out a season long an ugly breakup. If you want proof just look at Colorado and Nebraska. That got ugly. Personally, as a sports fan I'm excited to see what WVU and TCU can do in the Big 12. Every year there is talk about teams in less competitive conferences skating by or not playing tough schedules. (Please don't take that as a slam on TCU or WVU). In reality the best way to prove yourself is to consistently push yourself with increase competition. WVU and TCU are doing that by moving to a conference with better programs. Mizzou and A&M are doing the same. There is really no difference between why these four teams are making moves. Secondly, in the long run everyone for the most part wins. The big 12 is getting two good programs. Two programs who were not happy in the big 12 are getting to good to another competitive conference. And the big east will be adding additional teams, some better than others, to try to become competitive. In terms of the OU fans slamming Missouri and saying the league is better off, get real. The Big 12 wanted to keep Missouri and A&M just look at how everything went down. You guys are just feeling hurt that they are leaving. I saw the same thing happen with CU and Nebraska. In Missouri you are losing a consistent basketball and football program. You can point to BCS or conference trophies to try and prove that statement wrong, but the truth is that trophies are not the life blood of a conference. Only one team, (maybe two if a conference is lucky) will get to go to a BCS football game each year. The conferences make more money from having multiple programs making it to smaller bowls. Hell, that's why there are so many of them. A while Mizzous football program has struggled through so e tough times, overall there have been more good than bad years, and the past years under Coach Pinkle have been really good. I also find it very ironic that the Texas and OU fans are so upset about A&M and Mizzou. How soon you forget about the unsuccessful attempt to join the PAC12 this past year. It's easy to sit there and place blame, hell I know cause two years ago I was doing it to CU and Nebraska. The truth of the matter is that any school in any conference may decide to leave at any time. It's just the way it is. They have money to burn, and conferences are not afraid to poach or accept bids from schools currently under contract. Finally, do i think Mizzou is going to win the SEC next year, no. But i'll still be pulling for them. Playing in a new conference, especially with Alabama, LSU, Arkansas and other good programs will be difficult (hell it was hard in the Big 12), but competition breeds excellence and I know MU and A&M will rise to the challenge. Just as WVU and TCU will do he same. WVU fans, not sure how you guys do things on the east coast, but dont let this in-fighting fool you. Big 12 fans are some of he best in the country and going to those road games in oklahoma, texas, kansas and Iowa will be a lot of fun. There are some good people there who will treat you well, just not to many of them posting on these forums. Good luck to the Big 12 and WVU. I am looking forward to seeing some great football and basketball games next year.


The views expressed in this blog are solely those of the author and do not reflect the views of CBS Sports or CBSSports.com