With the details that the "Catholic Seven" basketball schools is paying the Big East $110 million, how much has the conference earned as members have left? Fifteen schools have left the Big East since 2011.
First, the Catholic Seven is paying $100 million to the current football schools with most going to the three long-standing, remaining members Cincinnati, Connecticut and South Florida. The other $10 million goes to the remaining basketball schools.
The Big East settled with West Virginia for $20 million so that W.Va could leave early for the Big 12 last year.
Syracuse and Pittsburgh agreed to pay the Big East $7.5 million to join the ACC this year - $15 million total.
TCU left for the Big 12 last year without ever playing in the Big East. The Big East dropped their lawsuit. TCU paid nothing for leaving. No reason was given.
Boise State settled with the Big East for $10 million to rejoin the Mountain West.
After Boise State left, San Diego State paid nothing for returning to the Mountain West. Their contract with the Big East allowed them to leave if there were no other Big East teams west of the Rocky Mountains.
Louisville will be allowed to leave for the ACC in 2014 with a $5 million fee.
Notre Dame is currently sticking to the terms of their Big East agreement, although the Big East says it is willing to negotiate.
Rutgers is suing the Big East, hoping to negotiate their release to the Big 10. They allege the Big East has failed to collect $39.5 million from schools leaving prematurely.
That totals $110 million + $20 m + $15 m + $10 m + $5 m = $160 million with Notre Dame's and Rutgers's fees still to be determined.
Who is left in Big East football? This year it will be ten teams - Cincy, Conn, USF, Temple, Louisville, Rutgers, UCF, Memphis, SMU, and Houston. In 2014, East Carolina and Tulane will replace Louisville and Rutgers. Navy joins in 2015.
Rumors are that when Maryland departs the ACC for the Big 10 Connecticut will get strong consideration. Could Connecticut collect the revenue from all those departures and then use it to pay their exit fee with money left over?