The University of Cincinnati, along with Brigham Young (BYU), Central Florida (UCF) and Houston will all pay the American Athletic Conference $18 million, payable over the next 14 years.
That was the negotiated exit fee for all four schools to join the Big 12 early on Saturday, July 1 instead of waiting another year. Next year, Oklahoma and Texas will fork over $100 million to the conference as they bolt for the Southeastern Conference. UC, BYU, UCF and Houston will not share in those funds with the money being distributed to the eight continuing members of the conference.