UPDATED AT 6:38 PM–

CHAMPAIGN (WCIA) — Two new schools are joining the Big Ten Conference. USC and UCLA are leaving the Pac-12 for the Big Ten as early as 2024.

The schools had to let the Pac-12 know about their intentions to leave and their application to be in the Big Ten has been approved. The schools both have grant of rights that tie them to the current Pac-12 television contract. That contract expires in the 2023-2024 school year, so the teams could come to the Big Ten for the 2024-2025 school year without suffering any financial penalties.

Here’s a look at the full press release from the Big Ten:

ROSEMONT, Ill. – The Big Ten Conference Council of Presidents and Chancellors voted unanimously today to admit the University of California, Los Angeles and the University of Southern California to the Big Ten Conference effective August 2, 2024. Competition will begin for all conference sports in the 2024-25 academic year.

After receiving written applications from the two universities, Big Ten Conference Commissioner Kevin Warren, alongside conference athletics directors and the Council of Presidents and Chancellors, evaluated the applications based on a dynamic model weighting four primary principles with supporting criteria. The principles include academics and culture; student-athlete welfare, competition, and logistics; commitment to diversity, equity, and inclusion in sports; and financial sustainability. The model allows the conference to analyze criteria in a strategic and effective manner. 

“As the national leader in academics and athletics for over 126 years, the Big Ten Conference has historically evaluated its membership with the collective goal to forward the academic and athletic mission for student-athletes under the umbrella of higher education,” Commissioner Warren stated. “The unanimous vote today signifies the deep respect and welcoming culture our entire conference has for the University of Southern California, under the leadership of President Carol Folt, and the University of California, Los Angeles, under the leadership of Chancellor Gene Block. I am thankful for the collaborative efforts of our campus leadership, athletics directors and Council of Presidents and Chancellors who recognize the changing landscape of college athletics, methodically reviewed each request, and took appropriate action based on our consensus.”

The Big Ten Conference has a lineage of transformation dating back to the historic meeting with seven university presidents on January 11, 1895, at the Palmer House in Chicago, Illinois. Those seven leaders created the blueprint for what grew into the modern intercollegiate sports model. Adding the University of California, Los Angeles and the University of Southern California continues the conference’s legacy of transformation and innovation in college athletics. The addition of the two universities remains subject to negotiation of final terms.