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So long, Big East
WVU, conference settle lawsuits; path cleared to Big 12MORGANTOWN, W.Va. -- West Virginia University and the Big East have settled their differences. The two sides finally announced Tuesday morning that they have agreed to part ways, ending four months of legal wrangling for what is believed to be a $20 million settlement.
Neither side would talk about specifics of the agreement - even though West Virginia law says any settlement agreement involving a public agency must be released to the public.
WVU is expected to initially be responsible for between $10 million and $11 million of the amount, with the Big 12 Conference footing the rest of the bill in the form of roughly half as a gift and the other half as a loan. All it took, as expected, was a large amount of cash.
http://www.wvgazette.com/Sports/201202140037