Big East bonanza: Cincinnati, UConn, USF to cash in

Stacy Revere

The Big East is collecting a lot of exit fees, which is good news for three holdovers.

The three football schools left behind in the Big East's implosion -- Cincinnati, Connecticut and South Florida -- could have big paydays coming from the league, according to former Boston Globe sportswriter Mark Blaudschun. The league will eventually collect about $70 million in exit fees from its departing institutions, and it will receive around $30 million from the NCAA for its teams' participation in the NCAA men's basketball tournament.

The conference won't distribute all of the roughly $100 million it will have on hand to those three schools, because some of the money will go to the departing Catholic 7 as well as the schools that are joining the league. Blaudschun estimates that Cincinnati, UConn and South Florida will receive between $18 million and $25 million apiece. Negotiations are ongoing, so the figures are not concrete at this point.

But one thing is for sure -- Cincinnati can afford to make nicer Christmas cards this holiday season.

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