(03-06-2013 01:36 PM)stever20 Wrote:  

(03-06-2013 01:10 PM)Big 12 Wrote:  http://notredame.247sports.com/Article/N...xit-107216

However, Swarbrick revealed Monday that Notre Dame is not subject to early-exit penalties like the ones recently negotiated for Pittsburgh, Syracuse and West Virginia.

Big East rules allow schools to leave as a group without being obligated to pay exit fees, which is exactly what Georgetown, Villanova, Marquette, Seton Hall, St. John’s, DePaul and Providence are doing.

“We withdrew under the same agreement that the seven basketball schools withdrew under,” Swarbrick said. “We don’t owe any withdrawal fee — never have. It’s not in dispute; never has been. The nature of that separate agreement provides that we don’t. It’s a different dynamic with us. We’re not trying to negotiate a withdrawal fee; there isn’t one.”

Where ND would owe a fee would be if they are leaving prior to the 27 month period elapsing.

I'm not aware that the prenup included a 27 moth notification period. More likely it was by mutual agreement.