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Report: Big East and West Virginia University reach settlement

West Virginia University and the Big East Conference have reached a settlement worth $20 million dollars, according to the Charleston (WV) Daily Mail.

According to the report, West Virginia would pay the conference $11 million, while the Big 12 Conference -- where West Virginia is set to compete beginning next fall -- will handle the remainder, according to the report.

An official announcement could come as early as Friday, which is when the Big 12 football schedule -- including the Mountaineers -- is to be revealed.

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