Villanova University President Rev. Peter Donohue, far left, Seton Hall University President A. Gabriel Esteban, second from left, Georgetown University President John DeGioia, third from left, St. Johns University President Donald Harrington, fourth from left, Creighton University President Rev. Timothy Lannon, fifth from left, Depaul University President Dennis Holtschneider, fifth from right, Providence University President Rev. Brian Shanley, fourth from right, Xavier University President Michael Graham, third from right, Butler University President Jim Danko, second from right, and Marquette University President Rev. Scott Pilarz, far right, assemble for a photo following a press conference on Wednesday, March 20, 2013 in New York. Big East athletic conference member schools gathered in New York to announce developments helping to shape the new basketball-focused conference. (AP Photo/Bebeto Matthews)
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The breakaway basketball schools kept the Big East name and the conference tournament in Madison Square Garden. In return, they left behind tens of millions of dollars to the football members.