Now, they’ve settled with the member that never fully was: TCU. The news was first reported by Bloomberg News. The case was dismissed with prejudice, meaning it can’t bring a new lawsuit regarding the same subject.
“TCU has fully discharged its obligations to the Big East and the lawsuit is amicably settled without admission of liability of any party,” read a statement from the conference. However, there’s no mention if the Big East received the entire buyout it had requested.
The league previously filed suit against the Horned Frogs claiming the school never paid the $5 million exit fee in full like it had agreed. TCU was all set to join the league last year until it received an invite from the Big 12, which it accepted.