Old Dominion is leaving the Colonial Athletic Association and joining Conference USA.
The move will be effective July 1, 2013, school President John R. Broderick said in a release Thursday. The Monarchs, who restarted their football program only three seasons ago, will play at the Bowl Subdivision level after one more year in the Championship Subdivision.
The school has scheduled a 2:30 p.m. press conference.
The Monarchs become the second school to leave the CAA this week. VCU announced Tuesday that it is heading to the Atlantic 10 in July, 2012, and the league faces the likelihood of having UNC Wilmington and Towson banned from postseason play in men's basketball next season for shortcomings in meeting the NCAA's Academic Progress Rate. Those penalties will be announced late next month.
Leaving the CAA will be costly for Old Dominion, which will have to pay a $250,000 exit fee and add football scholarships, but Monarchs boosters have already pledged $3 million in private support to help meet those expenses, Broderick said.
The move also will be made without an increase in student fees, he said, which was among the factors he viewed as critical while the school studied the impact the change would make.
"While the university was not actively seeking a change, recent events necessitated an earlier consideration of our future, and in particular, for our football program," Broderick said in the release. "C-USA's invitation provided the right opportunity at the right time to reclassify our football program and broaden the national footprint of our athletic program."
That footprint, indeed, gets larger, as will ODU's travel budget.
Conference USA members include East Carolina, Tulane, Louisiana Tech, Florida International, Marshall, and UNC-Charlotte in the east, and Rice, Tulsa, North Texas, Southern Mississippi, Alabama at Birmingham, Texas at El Paso, and Texas at San Antonio further west.
CAA bylaws do not currently allow a team to participate in league tournaments after it has announced its intention to leave, but Commissioner Tom Yeager said following VCU's announcement on Tuesday that the matter could be reconsidered by league schools.
It was not immediately clear whether the CAA will allow the Monarchs to contend next season, and Yeager did not immediately return a phone message left Thursday morning.
Details of ODU's move are not yet finalized, Broderick said, including finding homes for athletic programs that Old Dominion competes in that are not offered by their new league.
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