The final bow has been tied on Louisville's exit from the American Athletic Conference to the ACC for the 2014 season.
The school and league said in a joint announcement that an agreement has been reached for the Cardinals to join the ACC starting July 1, 2014. But there is quite a back story to this exit. ESPN.com's Brett McMurphy reports that Louisville athletic director Tom Jurich took a huge gamble back in 2011, when he informed then-commissioner John Marinatto his school planned to depart -- despite not having a new conference home at that time.
It wasn't until 2012 that Louisville was invited to join the ACC. That gamble ended up saving Louisville $4 million in exit fees.
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