Rutgers will pay $11.5 million to the American Athletic Conference as part of an agreement that will allow the school to enter the Big Ten this summer.
The school and the conference announced the deal Wednesday.
Rutgers has also agreed to drop a lawsuit challenging the conference's $10 million exit fee. The conference was asking for that plus more from the school because Rutgers was breaking league bylaws by exiting before a required 27-month notification period.
Rutgers officially withdrew from what was then called the Big East on Nov. 21, 2012, when it accepted an invitation to join the Big Ten.
Louisville is also leaving the American Athletic Conference after this school year. Louisville negotiated an $11 million early exit fee with the American to join the Atlantic Coast Conference.

Recent NCAAF Discussions

Advertisement

NCAAF Headlines

NCAAF Top Stories

Thumbnail 2018 National Championship Odds Despite losing to Clemson on Monday night, Alabama has opened as the favorites to win the 2018 College Football National Championship.
Thumbnail Title Game Spread Holding Steady After some initial movement, tonight’s college football playoff national championship point spread is holding steady hours before kickoff.
Thumbnail Clemson vs. Alabama Prediction Will Alabama cover tonight against Clemson in the College Football Playoff National Championship or will the Tigers pull off the upset?
Thumbnail Watson/Hurts Championship Props Which impact player will step up tonight in the College Football Playoff National Championship Game? Here’s some notable player prop odds for Clemson and...
Thumbnail CFB Championship Injury Report Will No. 1 Alabamaand No. 2 Clemsoncome into tonight’s College Football Playoff National Championshiphealthy? Here is the latest on the injury report.

NCAAF Team Pages