College football conference realignment live updates: Latest on ACC, Pac-12 schools

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On Nov. 20, 2012, the day Rutgers accepted an invitation to join the Big Ten, prominent New Jersey sports columnist Steve Politi summed up the shocking turn of events thusly: “At long last, the Scarlet Knights have won a title. They are the National Champions of Realignment.”

With a wave of then-commissioner Jim Delany’s wand, Rutgers, the New Jersey school that famously won college football’s first game in 1869, magically escaped the crumbling Big East for the sport’s most lucrative conference. Even a decade later, with the Big Ten having now added four schools — USC, UCLA, Oregon and Washington — from the other side of the country, Delany’s decision to invite Rutgers was more controversial … and riskier.

Rutgers’ time in the Big Ten has been a competitive and financial nightmare, compounded by a few salacious scandals. Entering its 10th season in the conference, the football team has gone 13-66 in league play. Meanwhile, despite astronomical increases in shared Big Ten revenue, the athletic department has racked up more than $250 million in debt, according to financial documents obtained by The Athletic and first reported by NJ Media.

Delany, who led the conference for 30 years, is largely credited as a visionary who touched off a new era in realignment by

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