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Message: [QUOTE="IthacaMatt, post: 196442, member: 405"] They are actually paying the $5M exit fee (in 2 installments of $2.5M each), plus $8.5M presumably from the Big 12, plus the Big East retaining WVU's income from the conference, which is an uncertain amount awaiting to be determined (performance of Big East teams in the NCAA tournament, and how much that generates for the conference). The retained earnings could be as much as $9M, but that's not immediately out-of-pocket, that's just money retained by the Big East. So, to recap - WVU is only out of pocket $5M in direct payments to get out of the conference, with the Big 12 paying $8.5M. Shall we start taking up a collection ? [url]http://www.usatoday.com/sports/college/2012-02-15-big-east-west-virginia-settlement.pdf[/url] [/QUOTE]