After rumblings of a move to the Pac-12, Memphis, Tulane, USF and UTSA will remain in the AAC, stating: "Together, we are committed to continuing to build the American brand, exploring new opportunities for exposure and value, and developing innovative economic resources–all in service of our student-athletes. While we acknowledge receiving interest in our institutions from other conferences, we firmly believe that it is in our individual and collective best interests to uphold our commitment to each other." Yahoo's Ross Dellenger reports: "The schools — as a group — decided to remain in their current conference, where AAC commissioner Tim Pernetti is exploring avenues for revenue enhancement, including private-equity involvement, new distribution models and further expansion of the league footprint. The four AAC programs received on Monday proposed terms from the Pac-12 that included projected annual revenue numbers ($10-15M), a five-year grant of rights and only partial coverage of an AAC exit fee that is believed to be around $25 million per school." More in today's Evening Standard. (link, link)