San Diego State Announces Intention to Leave Mountain West Conference for Power 5

San Diego State told the Mountain West Conference that it intends to resign its membership in order to join a Power 5 conference.
The school requested a one-month extension to formally give notice of its exit in order to meet contractual obligations.
San Diego State will pay a $17 million exit fee, with the option to pay in installments over four years.
The Pac-12 is the most likely destination for San Diego State, though the conference's media rights deal negotiations may delay an official invitation.
San Diego State's successful football and basketball programs make the school an attractive expansion candidate for Power 5 conferences looking to boost their media deals.