UPDATE 10:51 A.M.
The ACC has formally extended an invitation to add Louisville, the conference announced Wednesday morning.
“With the addition of the University of Louisville, the ACC continues to be well positioned for the future competing at the highest level in all facets of the collegiate experience,” the ACC Council of Presidents, which voted unanimously to accept Louisville as a new member, said in a joint statement. “The ACC continues to be a vibrant conference that remains steadfast in its commitment to balancing academics and athletics.”
The statement did not say when Louisville was going to join the ACC, though it is expected to be in 2014.
Said ACC Commissioner John Swofford: “With its aggressive approach to excellence in every respect, the University of Louisville will enhance our league’s culture and commitment to the cornerstones we were founded on 60 years ago. The University of Louisville is an outstanding addition to the Atlantic Coast Conference and I commend the Council of Presidents for continuing to position our league for the long-term future. If you look at what has been done over the last 15 months, the ACC has only gotten stronger with the additions of Louisville, Notre Dame, Pitt and Syracuse.”
The Atlantic Coast Conference, looking to add a school with the departure of Maryland for the Big Ten, will add Louisville in 2014.
The Cardinals were approved by ACC presidents and chancellors this morning and will join when Maryland departs in 2014, sources told the Louisville Courier-Journal. Although required by the Big East to pay a $10-million exit fee and give 27 months notice, Louisville is likely to negotiate a higher fee to leave earlier.
ESPN reported that Connecticut and Cincinnati were also under consideration and could be added later if there are more vacancies.
Louisville brings success in football and basketball to the table. The Cardinals are 27-22 in football over the last four seasons; Maryland is 17-32. In men’s hoops, Louisville is among four current and future ACC schools (Duke, Syracuse and Pittsburgh) that have won 20 or more games for the last 10 seasons.
PDF: Maryland’s lawsuit
Graphic: Terps will be frequent flyers