SBD/Closing Bell

Big East Remnant Could Draw Big Pay Day Once Catholic 7 Leave

Sources said that UConn, Cincinnati and South Florida "should be collecting a check" of $18-25M each "once the settlement is reached" between the Big East and the exiting Catholic 7. This is based on a conference fund of $100M made up of nearly $70M the Big East "has and will collect in exit fee money," plus about $30M from the NCAA for men's basketball tournament participation. Sources said that the Big East football faction has presented the Catholic 7 with a lump sum offer of $10-15M, which would come out of the $100M (, 3/3).
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