Eddie Jordan, Robert Barchi

American Athletic Conference, Rutgers announce settlement

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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).

BUBBLE BANTER: Today’s key bubble games

(AP Photo/Alex Brandon)
(AP Photo/Alex Brandon)
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HERE IS THE FULL SCHEDULE OF BUBBLE GAMES TODAY. THIS POST WILL BE UPDATED THROUGHOUT THE AFTERNOON AND NIGHT.

Florida State at Wake Forest, 12:00 p.m.
George Washington at VCU, 12:00 p.m.
Cincinnati at Memphis, 12:00 p.m.
Temple at UCF, 12:00 p.m.
Saint Joseph’s at Fordhan, 2:00 p.m.
New Mexico at San Diego State, 4:00 p.m.
Pacific at BYU, 4:00 p.m.
No. 25 South Carolina at No. 8 Texas A&M 4:00 p.m.
Clemson at Virginia Tech, 4:00 p.m.
Cal at Stanford, 4:00 p.m.
Valparaiso at UIC, 4:00 p.m.
Butler at St. John’s, 4:30 p.m.
No. 23 Arizona at Washington, 4:30 p.m.
Auburn at Georgia, 5:30 p.m.
Mississippi State at LSU, 6:00 p.m.
Vanderbilt at Ole Miss, 8:00 p.m.
Colorado at Oregon State, 8:30 p.m.
Georgetown at Seton Hall, 9:00 p.m.
Saint Mary’s at San Diego, 9:00 p.m.
Gonzaga at Pepperdine, 12:00 a.m.

Sherrod sets consecutive field goals record as Yale beats Columbia 86-72

Yale forward Brandon Sherrod (35) comes down with an offensive rebound between SMU's Markus Kennedy (5), Nic Moore (11) and Shake Milton (1) diuring the first half of an NCAA college basketball game, Sunday, Nov. 22, 2015, in Dallas. (AP Photo/Tony Gutierrez)
(AP Photo/Tony Gutierrez)
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NEW HAVEN, Conn. (AP) Brandon Sherrod scored 25 points — and set the Division I single-season record for consecutive field goals made — to help Yale beat Columbia 86-72 Friday and take over sole possession of first place in the Ivy League standings.

Justin Sears added 27 points for the Bulldogs (14-5, 5-0), who have won nine in a row, their longest win streak since closing the 1961-62 regular season with nine-straight wins.

Sherrod made his first five field-goal attempts, extending his streak of consecutive field goals made to 30 and breaking the Division I single-season record of 26 straight previously held by Eastern Michigan’s James Thompson and Bowling Green’s Torian Oglesby.

He hadn’t missed a field goal since January 16th.

Two foul shots by Sherrod sparked a 12-0 run by Yale that made it 72-58 with 3:40 left.

The Bulldogs made 14 of 16 free throws in the final three minutes to seal it.

Maodo Lo had 21 points and a career-high seven steals for Columbia (15-7, 4-1), which had its six-game win streak snapped.