PROVIDENCE, R.I. – The American Athletic Conference and the University of Louisville have announced that they have reached an agreement regarding Louisville’s departure from The American and subsequent move to the Atlantic Coast Conference.
 
Under the terms of the agreement, the American Athletic Conference members voted, in accordance with conference bylaws, to terminate Louisville’s membership in The American, effective July 1, 2014.
 
“I am pleased to announce this agreement and pleased that Tom Jurich and I worked together in a spirit of friendship to complete it,” said American Athletic Conference Commissioner Mike Aresco. “I have great respect and admiration for Tom and for the manner in which Louisville conducted itself in our negotiations. We wish Louisville the best and appreciate what they have meant to our conference.”
 
“I’m glad to have been able to work face-to-face with Mike Aresco to reach a fair settlement for us to depart the league a year early,” said Vice-President and Director of Athletics Tom Jurich. “All of us at the University of Louisville appreciate what the former Big East and American Athletic Conference have done for us and I see greatness ahead for the league under Mike’s leadership.”