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When does the Big East checks run out? Is that a windfall for USF? Or is that maybe where the money is coming from?
The Big East Exit Fee $$$ totaled about $100 million bucks. Per a 2013 agreement, UConn, Cincy and USF received 60% of that pot (so $20 million each) and the remaining American members received the other 40% which split 8 ways came out to about $5 million each.
I don't know whether that total has been completely paid out yet or not, but I would imagine that regardless of any current member leaving the American they would not be forced to forfeit that amount. Also, I do not know what the current American exit fees are, but if UConn and Cincy were to leave that $$$ would be split between the remaining schools. USF would get no special treatment there.