The Mountain West Convention mentioned that it got here to a decision with San Diego State this week, and that the varsity will stay a member “in good standing” by means of the 2023-24 season.
In line with Ross Dellenger of Yahoo! Sports activities, San Diego State can pay the MWC’s authorized charges from the entanglement that was created when the varsity served written discover that it supposed to depart the convention in the summertime of 2024.
It was believed that the varsity had designs of becoming a member of the Pac-12, which is about to lose USC and UCLA to the Huge Ten. San Diego State requested for a one-month extension of its June 2023 discover with a purpose to work out an exit payment from the convention, a request that the conference denied.
In late June, ESPN’s Pete Thamel defined that San Diego State requested the extension as a result of it was involved about how much it would have to pay in an exit payment:
Together with the one-month extension requested in Tuesday’s letter, the varsity additionally requested the league to think about discussing the exit payment. SDSU famous the revenue the Aztecs have generated for the Mountain West by means of the NCAA basketball match — estimated this March to be at the least $10M — none of which it see if it leaves the league.
The payment, in accordance with The Athletic’s Chris Vannini, can be three years’ value of convention payouts for exiting with one-year discover ($17M) and double for lower than a 12 months’s discover ($34M).
Clearly that is too wealthy for SDSU’s blood, even after the bump in revenues from the lads’s basketball workforce’s beautiful run to the nationwide championship in April.
San Diego State had conversations with the Pac-12, however the Energy 5 convention has been within the midst of negotiating a media rights package worthy of maintaining its different members on board. These media talks have dragged on so lengthy that SDSU discovered itself within the unenviable place of getting to crawl again to the MWC.
It is protected to imagine that each the MWC and SDSU are giving themselves time to work out higher offers. For SDSU, the Pac-12 (and even the Huge 12) may nonetheless be within the playing cards however not till the mud settles as soon as USC and UCLA depart.
For the Mountain West, dropping San Diego State is way from best but it surely must raid different conferences to exchange its high athletic program.