San Diego State is staying in the Mountain West after all.
But the Mountain West wasn’t having it. The conference rejected that letter, said that SDSU had already formally withdrawn and that it owed the exit fee. Earlier this month, the Mountain West even withheld more than $6.6 million it owed SDSU as the first part of that exit fee payment.
The Mountain West held a board of directors meeting on Monday to discuss the matter, though SDSU was not invited. The $6.6 million payment was returned on Tuesday, too. It's unclear where SDSU intended to go had it left the Mountain West next summer. The Pac-12 would have made sense for a landing spot geographically, especially as UCLA and USC leave for the Big Ten next summer. The. The Big 12 could have been an option, too, as it continues to hint that it may expand further. Yet neither league appeared to make a real move to bring SDSU in.
The Mountain West’s current media rights deal runs through 2025-26, and both Fox and CBS have rights to football games. Schools receive about $4 million annually in that deal. By comparison, Big 12 schools receive nearly $32 million per year. While it’s clear that SDSU is eyeing a new home in the near future, and it would likely be a good fit in a Power 5 conference after how the Aztecs’ football and basketball teams have been performing lately, such a move will have to wait. The Mountain West is, at least for now, keeping SDSU around.
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