WVU, Big East reach "conditional" settlement

OK, folks, it seems like there’s finally a light at this tunnel. Oh wait, Marinatto was literally blocking it. Glad his fat ass finally moved out of the way.

Mike Casazza and Jared Hunt of the Charleston Daily Mail both say that a “conditional settlement” has been reached between WVU and the Big East. More after the jump.

From the Charleston Daily Mail.

Morgantown, W.Va. — West Virginia University and the Big East Conference have reached a conditional agreement to settle their legal battles against one another, a source told the Charleston Daily Mail late Thursday evening.

A formal announcement could be made as early as Friday. That is also when the Big 12 is set to release their 2012 conference football schedule, media outlets reported Thursday.

The Big East will make around $20 million off the resolution, with WVU paying $11 million, as reported by the Daily Mail Wednesday.

The source said the Big 12 will handle the remaining amount and the Mountaineers will enjoy full membership in that conference beginning July 1.

The source said WVU’s early exit from the Big East is no longer conditional upon Boise State joining the Big East as a replacement in 2012.

That had been an obstacle standing in the way of a conclusion, but the Big East will now take the money WVU was offering to find a replacement and use it however it chooses.

Boise State’s president said last week it was too late for his school to join.

The Broncos may still join in time for 2012, or it may indeed be too late. Either way, the source said that decision is no longer attached to the Mountaineers.

Well, this certainly calls for a celebration. Casazza & Hunt got this story first. Not that weasely-faced sock-sniffer Brett McMurphy of CBSSports.com. For tonight, enjoy this video. Tomorrow, further reflections will come.

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