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Thu July 3, 2014
Boise State Ends Lawsuit With The American Athletic Conference For $2.3 M
Boise State University says it has agreed to pay $2.3 million to the American Athletic Conference as a negotiated exit fee, ending long-running litigation.
In 2011, Boise State had planned to become a football-only member of the Big East conference, as it was called then. But after the conference broke apart Boise State chose to keep most of its sports teams in the Mountain West Conference.
Boise State's negotiated exit fee to the American Athletic Conference means both parties have agreed to drop their lawsuits.
The university paid the conference $1.6 million this week, and will continue to pay $140,000 per year over the next five years.
Boise State says much of its fees to the American Athletic Conference will be paid for by the revenue it gets from the Mountain West Conference and its TV deal.
Find reporter Emilie Ritter Saunders on Twitter @EmilieRSaunders
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