In case you weren’t ready to believe it yet, there are multiple reports out that state that the Catholic 7 have officially made the decision to make their exit from the Big East.
The question now is, simply, how?
The presidents of the seven schools conducted a teleconference with Big East commissioner Mike Aresco on Thursday morning. The presidents are expected to issue a statement on their schools’ future in the next 24 to 48 hours.
According to the report from USA Today, the basketball schools have two options. The first is that they can leave as a group, and while that would prevent them from having to pay any exit fees, it would forfeit their share of the exit fees from the schools that have already left the conference, the NCAA tournament win-shares and their right to the Big East “brand”.
The other option?
Well, that’s where things could get crazy:
The Catholic schools could vote to dissolve the league. With seven votes out of 10 being cast (Connecticut, South Florida and Cincinnati are the others), the Catholic schools would have the two-thirds majority to pass that measure.
Once that is done, the outstanding bills of the league would be paid and the assets would then be divided among the 10 members. But everything else disappears including the current agreements in place with football and basketball, naming rights for each conference and the issue of spots in the new football system of playoffs and bowl games and the NCAA tournament spot that is guaranteed to the Big East tournament champion.
(UPDATE: Well, maybe not:
I can’t keep up.)
If you’re a lawyer, you might want to try and get yourself connected with whatever firm the Big East and the Catholic 7 schools hire.
Because regardless of how this plays out, the legal fees generated while the schools fight over who gets what money will be enormous.
I should have gone to law school.
CHAPEL HILL, N.C. — He’s back.
For the first time this season — and for the first time in more than a year that he hasn’t been hampered with some kind of foot or ankle injury — Marcus Paige donned a North Carolina jersey, and it didn’t take him long to find the form that made him the NBCSports.com Preseason National Player of the Year.
On the first Tar Heel possession, Paige came off of a ball-screen, drove the lane and found Kennedy Meeks at the rim for a layup. Not 30 seconds later, he came off of a down screen and buried a three. Paige would finish with 20 points and five assists as No. 9 North Carolina put together a fairly resounding win over No. 2 Maryland in the Dean Dome on Tuesday night, winning 89-81.
Paige finished 7-for-12 from the floor and 4-for-5 from beyond the arc, hitting a number of threes in the second half that helped hold off a Maryland push sparked by their own all-american point guard, Melo Trimble.
Trimble was erratic early on, committing three turnovers in the first six minutes and eight on the night, but it was his play at the end of the first half and early second half that kept North Carolina from blowing their doors. At one point, Maryland was down 32-19 and in danger of getting run out of Tobacco Road.
In total, Trimble finished with 23 points and 12 assists, hitting four big threes during that stretch. He either scored or assisted on 11 of Maryland’s first 12 second half field goals.
As good as Paige was, the bigger story may actually be Joel Berry II. He took two dumb threes in the first half — which played a role in Maryland being able to make this a game — and he missed a few free throws late, but overall he was terrific. He finished with 14 points and five assists, making 3-of-5 threes and turning the ball over just twice. He’s clearly beat Nate Britt out at the point guard spot, and his ability to take pressure off of Paige as a secondary ball-handler and playmaker is huge.
(More to come from Chapel Hill…)
North Carolina is hosting No. 2 Maryland in a heated contest in the ACC/Big Ten Challenge. Terps sophomore guard Melo Trimble is playing very well and part of his performance was dropping North Carolina’s Nate Britt with a crossover in the second half.
(H/T: The Cauldron)