Reports indicate that West Virginia University (“WVU”) and the Big East Conference (“Big East”) have resolved and settled competing lawsuits filed in West Virginia and Rhode Island. According to published reports, WVU will contribute $11 million to the settlement, which will allow them to leave the Big East on July 1, 2012 and join the Big 12 Conference. The Big 12 Conference will pay the remaining portion of the settlement.
For any questions, feel free to contact Christian Dennie at cdennie@bgsfirm.com.