Eddie Jordan, Robert Barchi

American Athletic Conference, Rutgers announce settlement

Leave a comment

When Rutgers made the decision in 2012 to accept an invitation to join the Big Ten, two questions that needed answering were when the school would make the move and how much it would cost them. Some programs involved in conference realignment have simply waited after making their decision, choosing to negotiate their exit fee, but a few others have gone with the lawsuit method.

Rutgers did just that in December 2012, suing the Big East over its exit fee and the 27-month waiting period required of members in the Big East’s bylaws.

On Wednesday the American Athletic Conference announced that it has come to an agreement with Rutgers in regards to the terms of the separation, with the school having to pay an $11.5 million exit fee. With the conference having already received $5 million, Rutgers will pay the remaining $6.5 million over a four-year period with the first payment to be made on September 1, 2014.

The American originally sought to receive a $15 million exit fee from Rutgers, so the school does save $3.5 million with this agreement. And given how much Rutgers expects to make in the Big Ten, they’ll make up for that loss (and then some) down the line.

“This settlement will allow us to continue along the path to self-sufficiency for our athletic programs,’’ [Rutgers president Robert] Barchi said. “One-time restructuring costs like this settlement and the costs associated with canceling a previous marketing contract are more than offset by anticipated revenues from the Big Ten and from our new marketing partner IMG College. The increased ongoing revenue resulting from these one-time investments will provide the financial support necessary for the athletic department to move toward financial stability.’’

Rutgers was going to be a member of the Big Ten on July 1, 2014. The only question was just how much it would cost the school, and Wednesday’s announcement provided the answer. For the Big Ten there’s just one question left: how much will Maryland have to pay the ACC?

The ACC wants the $52.2 million exit fee that its members agreed to in 2012, with Maryland and Florida State being the lone schools to object to the increase. Obviously Maryland doesn’t want to pay that much, leading to dueling lawsuits in Maryland (filed by the school) and North Carolina (filed by the ACC).

VIDEO: Utah Valley’s Mark Pope dances, lip syncs with daughters

Leave a comment

New Utah Valley head coach Mark Pope made quite an impression on fans at the team’s Midnight Madness celebration last night. That’s because Pope did a dance and lip sync routine with his four daughters that turned out to be pretty impressive.

The former BYU assistant looks to be the leader in the clubhouse for best coach dance so far this preseason. We’ll see if any other coaches pull out elaborate routines at madness celebrations the next few weeks.

UConn commit tears ACL for second time

Leave a comment

UConn commit Juwan Durham, a four-star big man in the Class of 2016, has torn the ACL in his right knee for the second time in seven months. The Florida native committed to the Huskies and head coach Kevin Ollie back in September. The 6-foot-9 forward is regarded as the No. 31 overall prospect in the national Class of 2016, so he can really be a force when he’s healthy.

In a report from Tampabay.com’s Bob Putnam, UConn was notified of the injury immediately and there is no change in plans with the commitment. The Huskies also own commitments from four-star point guard Alterique Gilbert and three-star power forward Mamadou Diarra in the Class of 2016. Having Diarra, an active, rim-protecting presence, helps with Durham’s recovery, since he can provide some more front court depth.

If Durham rehabs back to full speed, UConn has a very talented power forward who was just hitting his stride in the Florida state playoffs last February. UConn has a nice class so far with this group, especially if Durham can recover, With a year to recover until next season, Durham can hopefully play during his freshman season in 2016.