PROVIDENCE, R.I. – The American Athletic Conference and Rutgers University announced today that they have reached agreement regarding the departure of Rutgers from the Conference. This agreement settles the litigation between the two parties.
Terms of the agreement call for the American Athletic Conference members to vote, in accordance with the Conference bylaws, to terminate Rutgers’ membership effective July 1, 2014.
“I am pleased to announce this agreement and I want to thank Athletics Director Julie Hermann for her leadership and efforts in completing it,” said American Athletic Conference Commissioner Mike Aresco. “We wish Rutgers University well and appreciate the contributions the University has made to our Conference over the years. Having enjoyed an extremely successful inaugural football season and being in the midst of an equally successful basketball campaign, it is clear that we have forged a strong Conference. We look forward to welcoming East Carolina University, Tulane University and the University of Tulsa in 2014 and the United States Naval Academy in 2015.”
"It's been a privilege to be a member of the American Athletic Conference and to be associated with the great professionals at the league office that make The American a Conference of tough competition, class and integrity,” said Rutgers University Athletics Director Julie Hermann. “I deeply appreciate the leadership and insight Commissioner Aresco provided us as we worked together for an outcome that allowed Rutgers and the American Athletic Conference to enter this new era in their history effectively. The American has been a wonderful home for our student-athletes and we wish them well in their future endeavors."