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

More inNCAAF News  

NCAAF Top Stories

Thumbnail Utah Season Win Total Prediction After winning 10 games a year ago will the Utah Utes suffer a setback after going through a transition offensively?
Thumbnail Texas A&M Season Win Total Prediction As recently as a couple of years ago, Texas A&M fans would’ve laughed at the notion of a make-or-break season for Kevin Sumlin. Three straight disappointments,...
Thumbnail Washington Win Total Prediction After losing six times in each of Chris Petersen's first two seasons, are the Washington Huskies a good bet to win more than 9 games in 2016?
Thumbnail Mississippi State Season Win Total Prediction When a player like Dak Prescott comes along, college football devotees simply have to lap up every breathtaking snap. The Mississippi State faithful...
Thumbnail Arkansas Season Win Total Prediction Few teams in college football ended the 2015 season with more momentum than the Arkansas Razorbacks. Now that the word is out, though,...
More inNCAAF Articles  

NCAAF Team Pages