The Catholic 7 schools are expected to start their own league next season and will keep the Big East Conference name, sources told ESPN. The Big East's presidents and athletic directors meet Friday beginning at 11 a.m. in Atlanta.

A basketball split, which has been rumored for years, would send shockwaves throughout the rest of the potential Big East members, especially football-only members such as Boise State and San Diego State, which are scheduled to leave the Mountain West for an expected, but now uncertain, bigger media rights payday in the Big East. The new league also expects to play 18 league games in its inaugural season. Another source said no decision was made on what future action to take.

The Big East's seven departing Catholic schools are expected to start their own league next season and will keep the Big East Conference name, sources told ESPN's Brett McMurphy, Andy Katz and Dana O'Neil. I think they waited way too long. Mountain West to start 18-game slate in Dec. K-State to open season with Little Apple Classic, Wichita St. looking into coach Marshall's conduct. Xavier and Butler have not formally withdrawn from the Atlantic 10. Based on those figures, the basketball schools would earn only $1.06 million (based on the $60 million estimate) or $1.41 million (based on the $80 million estimate). "You have some of the great, great traditions in college basketball.

"I think without question, the Catholic 7 deserves the Big East name. The seven Big East Catholic, non-FBS schools met with Big East commissioner Mike Aresco on Sunday to express their concerns for the direction of the conference, multiple Big East … The problem for the Catholic seven would be that if they were to venture off without taking the assets and brand name, they would forfeit all the NCAA tournament revenue from the conference and would be left without any start-up to form a new conference.

At Sunday's meeting, which was earlier reported by Ajerseyguy.com, the seven basketball-only schools wanted to secure the best possible television deal. Sources said the New York meeting was the first among the seven schools (Marquette, DePaul, St. John's, Georgetown, Providence, Seton Hall and Villanova) and ultimately could lead to them splitting from the Big East's football members. They currently annually receive $1.5 million from the league's media rights deal.

As it stands, Connecticut, Cincinnati and South Florida remain the only holdovers not committed to either the new "Big East" or another conference. They should have been fed up a long time ago. Sources said Notre Dame has planned on remaining in the Big East for the 2013-14 academic year as long as the Catholic 7 schools did so. "I still think it will take a lot for them to split away," a league source said. Big East bylaws require 27 months notice before leaving, but multiple schools have negotiated an earlier exit. Sources: McGowens decommits from Florida St. How is the University of Hawai'i going to play basketball in 2020-21? Last week, CBSSports.com reported the Big East's media rights deal is expected to bring between $60 million and $80 million, which would actually provide the basketball schools less revenue than the current deal. Last week, ESPN retained the Big East's media-rights deal by matching an offer from NBC Sports Network.

Sources: Catholic 7 to add 2, retain 'Big East', The power of the 'Tre Jones Effect' in men's college hoops, Kepnang, No.

Louisville is expected to join the ACC in 2014 and Rutgers to join the Big Ten in 2014. The average undergraduate tuition & fees of Big East Conference is $45,990 in academic year 2019-2020.

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