It has been almost a year since the ACC voted to add Louisville to the conference for the 2014 season, and today, the school finally reached an agreement with its current conference, the American Athletic Conference, to do so.
According to ESPN.com’s Brett McMurphy, the agreement includes Louisville paying $11 million to the AAC.
Louisville & AAC reach agreement allowing UL to officially join ACC on July 1, 2014 sources told @ESPN
— Brett McMurphy (@McMurphyESPN) November 13, 2013
Louisville pays $11M to American Athletic Conference to join ACC on July 1, 2014 — Brett McMurphy (@McMurphyESPN) November 13, 2013
Louisville was voted in to the ACC to replace Maryland, which will join the Big Ten along with Rutgers in 2014. Rutgers, like Louisville, still has to reach its own agreement with the AAC.
If AAC allows Rutgers to leave B1G for less than $11M, Louisville would receive that difference from $11M
— Brett McMurphy (@McMurphyESPN) November 13, 2013
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