UConn agrees on $17 million exit fee from American Athletic Conference

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STORRS, Conn. (AP) — The University of Connecticut has agreed to pay a $17 million exit fee to the American Athletic Conference, so the school can rejoin the Big East next year.

AAC bylaws stipulate any school seeking to leave the conference must give 27 months’ notice and pay a $12 million fee, but the sides negotiated the higher fee for UConn to leave sooner.

UConn Athletic Director David Benedict in a statement Friday thanked AAC Mike Aresco and his staff for their professionalism during the transition process.

Aresco praised Benedict for helping the sides reach a “swift and amicable resolution.”

The Huskies will join the Big East in all sports except football, men’s and women’s ice hockey and rowing.

UConn also announced Friday its football program will become an independent in the Football Bowl Subdivision in 2020.

“Some of the finest moments in UConn athletics history came during our time as a member of the American Athletic Conference,” Director of Athletics David Benedict said. “I am grateful to The American for providing a home to many of our teams over the last six years.”

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