The Big East Conference Board of Directors announced that it has voted to terminate West Virginia’s membership in the conference, effective June 30.
Brett McMurphy of CBSSports.com previously reported that the Big East would get $20 million in the settlement — $10 million from West Virginia and $10 million from the Big 12, which is loaning West Virginia the money.
“West Virginia University has acknowledged and agreed that the Court in Monongalia County, West Virginia, will enter a judgment that the Big East Conference Bylaws are valid and enforceable, and will dismiss with prejudice all of West Virginia’s claims against the Conference.” said Big East Commissioner John Marinatto.
The Bylaws establish the circumstances by which a member may unilaterally withdraw from the Conference, which includes payment of an exit fee and a minimum of 27 months’ notice. The Bylaws also provide that the Conference may, by 3/4 vote, terminate the membership of any member and that is the process by which West Virginia University will depart as a member of The Big East Conference.
“This closes a chapter and opens a new one filled with exciting possibilities for WVU’s future,” West Virginia AD Oliver Luck said. “I’ve heard from Mountaineer fans across the country who have made it very clear that they are proud and honored to be heading into the Big 12.
“Our membership in the Big 12 offers WVU significant advantages,” he added. “The Big 12 is a strong and vibrant conference academically and athletically. We look forward to the potential academic and athletic partnerships and financial opportunities that membership in the Big 12 offers.”
