Looks like UCLA will be hitting the road to Boulder one year earlier:
The CU Board of Regents voted unanimously Tuesday to approve the move, which prevents Colorado from being a lame-duck school in an awkward 11-team Big 12 next season.
It was previously unclear whether CU would come west in 2011 or 2012. Initial reports were that the Big 12 contract required a $12-14 million buyout. An mediator was able to reduce the amount the CU would pay, and this undoubtedly made the decision to leave a year early more feasible. Larry Scott announced that the Pac-10 will float a loan for the $6.9 mil to CU, which will be repaid from its future revenues from the conference, including the anticipated income from a new TV contract.
"I'm very excited about it," he [Scott] said. "It's going to mean earlier than we anticipated we're going to see the benefits of going to 12 teams, having a championship game a year earlier than we anticipated and having a new bump in revenue in 2011. It makes it all the more immediate."
As my 8 year old son knows, there are only 2 reasons anything ever happens in the universe: physics or money. This isn't gravity here. Of note, Nebraska will also leave the Big-12 in 2011, but will pay $9.3 million.
This move in 2011 raises a number of logistical questions regarding Pac-12 scheduling, the dreaded issue of conference realignment, the more important decision whether to accept my suggestion that the conference permanently be named the 12 Pac, and notably, the ability of CU to buy out Head Coach Dan Hawkins, who is definitely on the boiling seat in Boulder. CU will have to add one more nonconference game, as Cal is scheduled to travel to Boulder next fall. That will now become a conference game.
Most importantly, though, the need to reserve the spare bedrooms and couches at my house for the first UCLA roadie to Boulder has been moved up, so get your vacation plans together today. FYI, the kegerator is closest to the bedroom in the basement.