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[QUOTE="Whitey23, post: 184727, member: 216"]
[SIZE=5][B][FONT=arial][COLOR=#333333][SIZE=18px][URL='http://brett-mcmurphy.blogs.cbssports.com/mcc/blogs/entry/29532522/34778171'][SIZE=3]Big East, WVU reach $20M settlement[/SIZE][/URL][/SIZE][/COLOR][/FONT][/B][/SIZE]
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 Sentinel his school might also seek liquidated damages against WVU if a comparable opponent can not be found.
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