-
BLUEFIELD (WVVA) - It's that time of year again: The Cole Chevy Mountain Festival is underway. The annual event kicked off Tuesday at the Bluefield City Park. As in year's past, the James H. Drew CarnivalMore >> BLUEFIELD (WVVA) - It's that time of year again: The Cole Chevy Mountain Festival is underway. The annual event kicked off Tuesday at the Bluefield City Park. As in year's past, the James H. Drew CarnivalMore >> PRINCETON (WVVA) - The trial of a man charged in a 2009 murder outside a Bluefield nightclub began Tuesday. Jury selection in the trail of 29-year-old Corey Samuels began Tuesday morning in Judge WilliamMore >> PRINCETON (WVVA) - The trial of a man charged in a 2009 murder outside a Bluefield nightclub began Tuesday. Jury selection in the trail of 29-year-old Corey Samuels began Tuesday morning in Judge WilliamMore >> MORGANTOWN (WVVA) - Funeral services have been set for former West Virginia University football coach Bill Stewart. A public viewing will be held from 2 to 9 p.m. Thursday at the Morgantown Event Center. AMore >> MORGANTOWN (WVVA) - Funeral services have been set for former West Virginia University football coach Bill Stewart. A public viewing will be held from 2 to 9 p.m. Thursday at the Morgantown Event Center. AMore >> PRINCETON (WVVA) - Residents on Fayette Street near Princeton say they're fighting a constant battle over abandoned, dilapidated homes in their neighborhood, and the potential health hazards they bring. ResidentsMore >> PRINCETON (WVVA) - Residents on Fayette Street near Princeton say they're fighting a constant battle over abandoned, dilapidated homes in their neighborhood, and the potential health hazards they bring. ResidentsMore >> LEWISBURG (WVVA) - A Greenbrier County drug dealer pled guilty today in front of Judge Joseph Pomponio on two felony counts. 40-year-old Jackie Lee Gilbert of Rainelle was arrested on December 31st whenMore >> LEWISBURG (WVVA) - A Greenbrier County drug dealer pled guilty today in front of Judge Joseph Pomponio on two felony counts. 40-year-old Jackie Lee Gilbert of Rainelle was arrested on December 31st whenMore >> NORTH TAZEWELL (WVVA) - Town officials have drained a leaky water tank in North Tazewell. Town Manager Jerry Wood says a meeting will be held Wednesday with the county's health department to decide whatMore >> NORTH TAZEWELL (WVVA) - Town officials have drained a leaky water tank in North Tazewell. Town Manager Jerry Wood says a meeting will be held Wednesday with the county's health department to decide whatMore >> BLUEFIELD (WVVA) - A State Trooper with Bluefield roots was honored recently for his service in the line of duty. West Virginia State Police Sr. Trooper Donald Wolford, a Bluefield, WV native, receivedMore >> BLUEFIELD (WVVA) - A State Trooper with Bluefield roots was honored recently for his service in the line of duty. West Virginia State Police Sr. Trooper Donald Wolford, a Bluefield, WV native, receivedMore >> BLUEFIELD, Va. (WVVA) - The Bluefield, Va., Police Department has released the names and descriptions of a pair of suspects wanted in the robbery of a Tazewell County convenience store. Police are seekingMore >> BLUEFIELD, Va. (WVVA) - The Bluefield, Va., Police Department has released the names and descriptions of a pair of suspects wanted in the robbery of a Tazewell County convenience store. Police are seekingMore >> CHARLESTON, W.Va. (AP) -- Someone bought a Powerball ticket worth $1 million in Beckley. But the prize hasn't been claimed. West Virginia Lottery Director John Musgrave said Monday that the ticket wasMore >> CHARLESTON, W.Va. (AP) -- Someone bought a Powerball ticket worth $1 million in Beckley. But the prize hasn't been claimed. West Virginia Lottery Director John Musgrave said Monday that the ticket wasMore >> BECKLEY, W.Va. (AP) -- A coal miner who says he was fired for enforcing safety standards that slowed production and the sealing of the Upper Big Branch mine is suing Alpha Natural Resources. The StateMore >> BECKLEY, W.Va. (AP) -- A coal miner who says he was fired for enforcing safety standards that slowed production and the sealing of the Upper Big Branch mine is suing Alpha Natural Resources. The StateMore >>
CHARLESTON, W.Va. (AP) -- West Virginia University must cut an $8.5 million check by Friday to end officially end its legal dispute over leaving the Big East.
The Charleston Gazette obtained a copy of the separation agreement WVU has declined to discuss. It outlines a total settlement of about $20 million. In exchange, WVU can join the Big 12 in July rather than wait two years.
WVU has already paid the Big East $2.5 million. The next payment is due Friday and will come from a $10 million Big 12 Transition Fund established by the WVU Foundation.
A related settlement document says half will be forgiven. WVU will repay the other half over time.
At the end of the fiscal year, WVU also forfeits a projected $9 million in Big East revenue sharing.
