Western Athletic Conference commissioner Karl Benson announced today that Fresno State and Nevada must pay $5 million each for breaking an agreement made earlier this month to remain conference members until June 30, 2016.
About two weeks ago Fresno State and Nevada announced that they would be joining the Mountain West Conference.
The WAC sent a "demand for payment" letter on Aug. 27. The schools have 60 days to pay the money owed.
According to the WAC, Fresno State and Nevada must compete in the WAC during the 2010-11 and 2011-12 seasons, since neither school announcing that they were leaving the WAC prior to a June 30 deadline.
"The WAC fully expects to receive the $5 million from both Fresno State and Nevada and will take legal recourse if necessary to obtain the money," Benson said in a statement.
Boise State is set to play its final year in the WAC before jumping to the Mountain West.