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

Handicapping 2017 Win Totals on Wed, May 2017 by Blade
2017 NFL Draft Grades on Sun, Apr 2017 by Blade
Betting the 2017 NFL Draft on Tue, Apr 2017 by Blade
NFL Draft Preview on Tue, Apr 2017 by Blade
2017 Heisman Odds on Wed, Mar 2017 by Blade

NCAAF Headlines

NCAAF Top Stories

Thumbnail Alabama still favored to win CFB Title Oddsmakers still favor Alabama to win the 2017 College Football National Championship, but which other teams are in the mix?

NCAAF Team Pages