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http://www.dailymail.com/Sports/WVUSports/201110280041?page=2&build=cache
WVU Board of Governors chairman Drew Payne confirmed Friday the university will be out of the conference by next July.
"We've resigned as of June, 30, 2012, and we're accepted (in the Big 12) as of July 1, 2012," Payne said Friday afternoon.
...
"With everyone who's left and who wants to leave, it's not a viable football conference anymore," Payne said. "It's not what we were a part of as early as this year."
He said WVU and TCU were both just reacting to the situation with their decisions to join the Big 12.
Should the Big East avoid further implosion, it's likely attorneys for both the conference and university will negotiate some type of departure agreement.
...
Payne said the university would be sending an initial $2.5 million portion of that payment to the conference by the end of the day Friday. He said the second half of the fee would most likely be paid sometime before June 30.
WVU Board of Governors chairman Drew Payne confirmed Friday the university will be out of the conference by next July.
"We've resigned as of June, 30, 2012, and we're accepted (in the Big 12) as of July 1, 2012," Payne said Friday afternoon.
...
"With everyone who's left and who wants to leave, it's not a viable football conference anymore," Payne said. "It's not what we were a part of as early as this year."
He said WVU and TCU were both just reacting to the situation with their decisions to join the Big 12.
Should the Big East avoid further implosion, it's likely attorneys for both the conference and university will negotiate some type of departure agreement.
...
Payne said the university would be sending an initial $2.5 million portion of that payment to the conference by the end of the day Friday. He said the second half of the fee would most likely be paid sometime before June 30.