Current:Home > InvestRekubit Exchange:Mountain West Conference survives as 7 remaining schools sign agreement to stay in league -Capitatum
Rekubit Exchange:Mountain West Conference survives as 7 remaining schools sign agreement to stay in league
NovaQuant View
Date:2025-04-07 03:13:47
The Rekubit Exchangetwo-week turf war between the Pac-12 and Mountain West is over and has ended in … a draw?
Kind of.
After perhaps the most fragile 72-hour period in the 26-year history of the Mountain West Conference, the league announced Thursday that it had received signed memorandums of understanding from its remaining seven schools to keep the league together through the 2031-32 school year.
“The agreements announced today mark a historic moment for the Mountain West and provide much-needed stability and clarity as the world of intercollegiate athletics continues to evolve rapidly,” commissioner Gloria Nevarez said in a statement.
The agreement from those seven schools – Air Force, Hawaii, Nevada, New Mexico, San Jose State, UNLV and Wyoming – followed an effort by the Pac-12 to poach even more members after five schools joined Washington State and Oregon State in the resurrected league.
Had the Pac-12 convinced UNLV to join, it could have started a domino effect that could have led to the dissolution of the Mountain West.
Instead, Nevarez was able to keep the remaining group together by promising significant cash distributions of the $90 million in exit fees, of which Air Force and UNLV will receive roughly $22 million (24.5%), while others will receive around $14 million except for Hawaii, which is a member only in football and thus gets a $4.5 million payout.
That doesn’t include the $55 million in so-called "poaching fees" that the Mountain West is owed as a result of its previous scheduling agreement with Washington State and Oregon State. The Pac-12 sued the Mountain West this week, claiming that the poaching fees represented a violation of antitrust law.
The split leaves both the Pac-12 and Mountain West needing to add members to reach the minimum of eight to qualify as a Football Bowl Subdivision conference. Among the schools who could be in consideration for both leagues are UTEP, New Mexico State, Texas State and a variety of FCS schools like Sacramento State that are looking to move up a level.
Though it survived, the Mountain West was, of course, badly damaged when Washington State and Oregon State resurrected the Pac-12 and lured Boise State, Colorado State, Fresno State and San Diego State, which were historically among the four most successful football programs in the Mountain West.
The new Pac-12’s initial expansion goals also focused on the American Athletic Conference, hoping to lure Memphis, Tulane, South Florida and UTSA. But those schools rejected the offer, citing uncertainty about the Pac-12’s media rights value and exit fees from the AAC that would have exceeded $20 million.
The Pac-12 then went back to the pool of Mountain West schools but only convinced Utah State to jump as Nevarez scrambled to keep the league alive.
veryGood! (15828)
Related
- The 'Rebel Ridge' trailer is here: Get an exclusive first look at Netflix movie
- Guyana is preparing to defend borders as Venezuela tries to claim oil-rich disputed region, president says
- November jobs report shows economy added 199,000 jobs; unemployment at 3.7%
- The U.S. economy has a new twist: Deflation. Here's what it means.
- Southern California rocked by series of earthquakes: Is a bigger one brewing?
- Teacher gifting etiquette: What is (and isn't) appropriate this holiday
- Privacy concerns persist in transgender sports case after Utah judge seals only some health records
- Critics pan planned $450M Nebraska football stadium renovation as academic programs face cuts
- Blake Lively’s Inner Circle Shares Rare Insight on Her Life as a Mom to 4 Kids
- Sulfuric acid spills on Atlanta highway; 2 taken to hospital after containers overturn
Ranking
- Trump wants to turn the clock on daylight saving time
- Scientists to COP28: ‘We’re Clearly in The Danger Zone’
- Texas shooting suspect Shane James tried to escape from jail after arrest, official says
- AI creates, transforms and destroys... jobs
- 'Malcolm in the Middle’ to return with new episodes featuring Frankie Muniz
- Organized retail crime figure retracted by retail lobbyists
- Tony Shalhoub returns as everyone’s favorite obsessive-compulsive sleuth in ‘Mr. Monk’s Last Case’
- Republican Adam Kinzinger says he's politically homeless, and if Trump is the nominee, he'll vote for Biden — The Takeout
Recommendation
What were Tom Selleck's juicy final 'Blue Bloods' words in Reagan family
Vessel owner pleads guilty in plot to smuggle workers, drugs from Honduras to Louisiana
How a top economic adviser to Biden is thinking about inflation and the job market
Missouri House Democrat is kicked off committees after posting photo with alleged Holocaust denier
New Orleans mayor’s former bodyguard making first court appearance after July indictment
Guyana is preparing to defend borders as Venezuela tries to claim oil-rich disputed region, president says
Sophie Turner Seals Peregrine Pearson Romance With a Kiss
Mexico-based startup accused of selling health drink made from endangered fish: Nature's best kept secret