BYU Tells Big 12 Of Expansion Interest UConn Employs Aspire To Improve Ticket Sales NCAA Sends Out Questionnaire On Discrimination ACC To Revisit Title Game Locale In Fall Houston Gaining Support For Move To Big 12 Big 12 Expansion Unlikely Before '17-18 Season Big 12 Changes Stance, Will Explore Expansion Schools Line Up For Possible Big 12 Expansion Mack Rhoades Believes Baylor Can Recover Baker Could Look To Stay On At Missouri
SBD/February 13, 2014/Colleges
Rutgers To Pay AAC $11.5M Settlement For Exit Out Of Athletic Budget
Published February 13, 2014
SEPARATION ANXIETY: A school spokesperson said that Rutgers under the deal "will not pay the entire $11.5 million exit fee in a single check," as it already has paid $5M to the AAC -- $2.5M when it announced it was leaving last year and an additional $2.5M the conference withheld from the school last June. The spokesperson added that the remaining $6.5M "will be paid over four years, with Rutgers sending the first payment Sept. 1," and that the school also will receive a $1.5M payment from the AAC this spring for its December appearance in the New Era Pinstripe Bowl (NJ.com, 2/12). ESPN.com's Brian Bennett wrote under the header, "B1G Expects Easy Move For Terps, Rutgers." Big Ten Senior Associate Commissioner Mark Rudner said, "I think we’re in a pretty good place. We've sort of approached Rutgers and Maryland as we approached Nebraska three years ago: we acclimate them, help them, welcome them and integrate them. And then, we really go forward and don’t look back" (ESPN.com, 2/12).