Settlement Reached Between Rutgers and the Big East in Exit Fee Dispute

Rutgers University and the former Big East collegiate athletic conference have been fighting in Rhode Island federal court over the amount that the school would pay as an ‘exit fee’ – a penalty levied on Rutgers for leaving the for Big East conference early and joining the Big Ten later this year.  Now, both sides have agreed on a settlement deal where Rutgers will hand over $11.5 million instead of the original $15 million exit fee.  The school has paid a portion of the fee …

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