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Big East increases exit fee to $10 million

West Virginia quarterback Geno Smith drops back to

Photo credit: AP Photo/Jeff Gentner

Commissioner John Marinatto confirmed that the Big East agreed on Monday night to increase the exit fee for schools leaving the conference from $5 million to $10 million as part of its realignment plan.

The increased exit fee is based on the conference’s execution of its football expansion plan, which includes a model for 12 schools.

Marinatto said the conference’s 14 members voted unanimously...

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