Report: C7 to split in July, take Big East name with it

[Pakuni]

http://ajerseyguy.com/?p=5365

The Big East Presidents and Athletic Directors will meet in Atlanta on Friday to discuss the timing and the details of the break up with the Catholic 7 group of schools who announced their departure from the conference in December.

Although no formal announcement is expected, the group, which includes all the schools still committed to the Big East, is expected to approve a plan which would sell the name "Big East' to the Catholic 7, as well as allow the group–which includes Seton Hall. St. John's, Georgetown, DePaul, Marquette. Providence and Villanova–to leave in July.

In exchange for leaving two years earlier than the scheduled departure date of July 2015, the Catholic 7, who will not attend the Atlanta meeting, would agree to take considerably less money from a reserve pool of conference money earned by the Big East from exit fees and NCAA basketball tournament shares which is reported to be in excess of 60 million dollars.

The financial details of this arrangement still must be worked out, but both sides appear ready to announce that the Catholic 7 group will leave in July and take the Big East name with them.

Once that is done, both conferences can move ahead with their future plans.

[jficke13]

This would be a big win on a LOT of fronts.

[TomW1365]

This is awesome, awesome news!  Since I feel as though we got the best possible deal and a way to solidify the short-medium term stability of the conference, I might as well ask the genie in the bottle for one more thing.  My one last wish would be to have Notre Dame back out of their ACC agreement and rejoin us. 

[keefe]

This is awesome, awesome news!  Since I feel as though we got the best possible deal and a way to solidify the short-medium term stability of the conference, I might as well ask the genie in the bottle for one more thing.  My one last wish would be to have Notre Dame back out of their ACC agreement and rejoin us. 

That chick dancing in the bikini will spend the weekend with you before UND backs out of the ACC and joins the C7.

[lab_warrior]

That chick dancing in the bikini will spend the weekend with you before UND backs out of the ACC and joins the C7.

+1 

HAHAHAHA.  Yup. 

Nooooooooooooooooooooooo way ND is backing away
from that vault filled with football money.

[mugoose]

football money? they aren't joining for football.

Acc will be the next conference to fall apart. quote me on that

[LloydMooresLegs]

AWESOME NEWS!

[Tugg Speedman]

+1  

HAHAHAHA.  Yup.  

Nooooooooooooooooooooooo way ND is backing away
from that vault filled with football money.

First the vault filled with football money is called B1G, not the ACC.

Second, ND is not a full football member of the ACC as the pay cut would be too great for ND (same if they joined the B1G).  Instead they keep all their Football money (estimated at $40 million/year) and agreed to play 5 games with ACC members with ND getting consideration for ACC bowl bids.  This deal was cut in September.  Now that they made the NC game and have either the #2 or #1 recruiting class, that changes the equation.

If UNC jumps and then other good teams like Miami/Clemson/Virginia jump, then ND is a team looking to play for a NC every year and saddled with playing 5 crappy games a year for consideration to a second rate ACC bowl they do not want.  All of sudden this does not look like that good a deal.

ND stays and is happy with its current ACC deal if the conference remains intact.  But if the ACC imploded, then things might change.  Implode is defined as UNC bolting to the B1G.  If that happens, a reasonable outcome is for ND to stay fully independent in football like now and a good option for all their other sports would be the C7 ... a perfect fit for ND.

[Groin_pull]

football money? they aren't joining for football.

Acc will be the next conference to fall apart. quote me on that

I think you're right. UNC and either Virginia or Georgia Tech (or both???) are on their way to the Big 10. FSU and/or Clemson could also being leaving for the Big XII SEC.

[ecompt]

football money? they aren't joining for football.

Acc will be the next conference to fall apart. quote me on that

If North Carolina and Virginia bolt for the Big Ten, Duke will be out of the ACC in a heartbeat.

[bilsu]

I rather have them take their time and make solid decisions, than rush to exit the conference. The first year they may only have 7 teams in the conference, as you would have to expect other teams to give notices to their old conferences befoe they join the C7.

[muguru]

This is awesome, awesome news!  Since I feel as though we got the best possible deal and a way to solidify the short-medium term stability of the conference, I might as well ask the genie in the bottle for one more thing.  My one last wish would be to have Notre Dame back out of their ACC agreement and rejoin us. 

They considered it...

http://zagsblog.com/articles/catholic-7-looking-to-buy-big-east-name-on-their-way-out/#more-89983

[CAGASS24]

This end result of having the name is awesome.  I hated how every single article phrased it that we were splitting to form our own league.  This end result of having the name and the seven core teams solidifies the impression that we kicked out the football cancer and all its lower tiered baggage.  The teams are the big east.... And it's going to be strong as ever in 12 months!!!!

[NavinRJohnson]

I rather have them take their time and make solid decisions, than rush to exit the conference. The first year they may only have 7 teams in the conference, as you would have to expect other teams to give notices to their old conferences befoe they join the C7.

If this report is true, I have to assume they already kow they will have 10 teams ready to roll next year.

[Abode4life]

If North Carolina and Virginia bolt for the Big Ten, Duke will be out of the ACC in a heartbeat.

Where would Duke go?  
SEC?  No way.  
BIG?  Doesn't fit the profile.  
Big 12?  Same reason as BIG.  
Big East?  no way.

[chapman]

Très bien.  A little less "reserve" funding for the new conference, but doesn't sound like we get screwed out of that pool either.  Well worth the name and especially the date...I'm sure the extra $1M for A-10 fees to leave immediately rather than a year later won't be an issue for anyone, and word from a fan here was Creighton can leave when it wants.

[Bocephys]

If this report is true, I have to assume they already kow they will have 10 teams ready to roll next year.

Yep, it's just a matter of who #10 is after Butler and Xavier you'd assume.

[MUVA]

I wonder if the C7 will retain the rights to play at MSG?

[Warriors10]

You people need to get over this ACC is gonna die and the C7 will get Duke. 

Schools will leave the ACC, yes, but look the B12 is surviving.

[keefe]

First the vault filled with football money is called B1G, not the ACC.

Second, ND is not a full football member of the ACC as the pay cut would be too great for ND (same if they joined the B1G).  Instead they keep all their Football money (estimated at $40 million/year) and agreed to play 5 games with ACC members with ND getting consideration for ACC bowl bids.  This deal was cut in September.  Now that they made the NC game and have either the #2 or #1 recruiting class, that changes the equation.

If UNC jumps and then other good teams like Miami/Clemson/Virginia jump, then ND is a team looking to play for a NC every year and saddled with playing 5 crappy games a year for consideration to a second rate ACC bowl they do not want.  All of sudden this does not look like that good a deal.

ND stays and is happy with its current ACC deal if the conference remains intact.  But if the ACC imploded, then things might change.  Implode is defined as UNC bolting to the B1G.  If that happens, a reasonable outcome is for ND to stay fully independent in football like now and a good option for all their other sports would be the C7 ... a perfect fit for ND.

Your point is certainly bwell taken but this is not about football money because UND gets that regardless of conference affiliation for other sports. This is about brand and the good fathers at UND much prefer the warm, rich burled walnut of UNC, UVA, and Duke than the Corinthian Leather of this upstart conference.

Which is why I so fervently wish for the cream of the ACC to leave for better addresses, thereby leaving the sons of Fr Hesburgh with little more than a toned down Big East. At which point I say

http://www.youtube.com/watch?v=o3gC0qsC6oA

[Pakuni]

You people need to get over this ACC is gonna die and the C7 will get Duke. 

Schools will leave the ACC, yes, but look the B12 is surviving.

Agreed.
If UNC and/or Virginia leaves (and there still remain multiple stumbling blocks to that happening), the ACC grabs UConn and Cincy, and life goes on.

[jsglow]

Seems as if we have two mysteries left.  MSG?  #10 for '13-14?

Funny how the discussion can end on everything quickly when the Fox boys make it pretty clear they'd like programming next winter, checkbook in hand.

[MountainCreekHouse]

That's tight, but I was still digging "God's Conference."

[Groin_pull]

You people need to get over this ACC is gonna die and the C7 will get Duke. 

Schools will leave the ACC, yes, but look the B12 is surviving.

Who's saying Duke to the C7? They have football. There's no place for them to go...they'll stay in the ACC until it dissolves.

[Benny B]

You people need to get over this ACC is gonna die and the C7 will get Duke.

The ACC is not going to die, but it will blow up.

And Duke isn't going to the C7 because there's no such thing as the C7.  It's called the Big East.