UConn exit fees from the AAC announced. The Press Release.
The University of Connecticut and the American Athletic Conference have reached an agreement regarding UConn’s departure from The American and UConn will join the Big East Conference in all sports, with the exception of football, men’s and women’s ice hockey and rowing, on July 1, 2020.
Terms of the agreement include an exit fee of $17 million, which must be paid in full by the end of fiscal year 2026.
UConn has decided that FBS Independent status is the best course of action for the football program and will proceed with plans to construct a football schedule for the 2020 season and beyond.
“Some of the finest moments in UConn athletics history came during our time as a member of the American Athletic Conference and I am grateful to The American for providing a home to many of our teams over the last six years,” director of athletics David Benedict said. “I would like to thank Mike Aresco and his staff for their professionalism during this process and we look forward to writing a memorable final chapter in 2019-20.”
“I want to thank David Benedict for his leadership and cooperation in reaching a swift and amicable resolution regarding UConn’s departure, and also UConn president Susan Herbst for her support of the conference,” Aresco said. “We appreciate UConn’s accomplishments in The American, we wish them the best, and we thank them for their contributions over the past six years.”
Pat McKenna Associate Director of Athletics for Athletic Communications