The university has been in talks with Big Ten officials for more than a week discussing the potential of moving from the Atlantic Coast Conference to the Big Ten, a source with knowledge of the situation confirmed yesterday.
An announcement could come as soon as today if Big Ten presidents vote for the university to become the conference’s 13th member and the university chooses to join.
There is speculation Rutgers would also join, which would give the conference 14 members. The Board of Regents is scheduled to meet today and vote on the potential switch.
The move would come just two months after the ACC Council of Presidents unanimously voted to bring Notre Dame in as the 15th conference school in all sports except football; Pittsburgh and Syracuse are slated to join in the 2013-14 academic year. The council also increased the ACC’s exit fee to a record $50 million — the steepest price of any conference. University President Wallace Loh and Florida State President Eric Barron voted against the hike in September.
“Do you want a society where whenever you join any group, you cannot get out of that group?” Loh told The Diamondback that month. “We’re part of the ACC, we’re proud to be part of the ACC … but there is something such as principle.”
Once Pittsburgh and Syracuse joined, ESPN and the ACC announced a $3.6 billion contract that would extend to 2026-27, equating to about $17 million per year for each school.
And bringing in Notre Dame earlier this year means at least $1 million more in TV revenue for every ACC school, Loh said in September.
The Big Ten will distribute a record $284 million to its members at the end of this fiscal year, commissioner Jim Delany said in June.
That equates to about $24 million for each school aside from Nebraska, which joined last year.
In the past, there have been rumors that Clemson and Florida State would explore joining other conferences. Clemson’s Board of Trustees said in May it would consider another offer if the opportunity presented itself, according to the Associated Press, and Florida State Board of Trustees Chairman Andy Haggard said the board was in favor of exploring what the Big 12 had to offer if it wanted the school to join, several news outlets reported.