((ht: cbssports/mcmurphy))
West Virginia's exit from the Big East is now done.
CBSSports.com's Brett McMurphy reports that the school and the Big East have reached a settlement and the conference has agreed to allow the Mountaineers to leave July 1st of this year.
Of course...there was a financial price to be paid...roughly $20 million.
McMurphy says half will come from the school, the Big 12 will float a $10 million loan to the school for the other half.
Read the full report on cbssports.com
RIGHT HERE
Good thing West Virginia has all that money just lying around to pay for the move. Of course none of it will have an impact on the cost of going to school there for non-football students now...will it?
The move now leaves Pitt and Syracuse as the Big East's "Lame Ducks". Both schools have announced their intention to play in the ACC as late as 2014. And the Big East is trying to extort the same amount of money from both schools.
Don't expect them to pay it.
Yeah, they'll pay some money to the conference...though again, it is a form of extortion. And unfortunately, it will be funded by we are guessing a combination of an increase in student fees and tuition increases.
But they'll get to play in the ACC so that makes it all worth it.
While we understand parts of Galactic Realignment, we just think it's wrong...especially in this current economic climate where schools and states are pleading poverty on a regular basis...to dole out tens of millions of dollars just so they can play in what they "Perceive" to be a better sports conference.
Just our 2-cents.
