Nebraska regents approve settlement

Updated: October 15, 2010, 1:49 PM ET
Associated Press

OMAHA, Neb. -- University of Nebraska regents approved a $9.25 million settlement Friday that clears the way for the school to leave the Big 12 Conference next year for the Big Ten without going to court.

The regents approved the deal without public discussion at a meeting in Omaha. Nebraska becomes a part of the Big Ten on July 1.

The Big 12, under its bylaws, had sought to withhold 80 percent of Nebraska's actual slice of the conference payout for 2009-10 and its projected distribution ...

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