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BOISE -- The Mountain West Conference and Boise State University have released a joint announcement that Boise State Football will remain in Mountain West Conference, and will not join the Big East Conference in 2013.

The announcement came just after 1:15 p.m. Monday.

The Broncos will reportedly have to pay a $5 million exit fee to cut ties with the Big East. However, the deal struck with the Mountain West could potentially be more lucrative for BSU.

Boise State President Bob Kustra said the Mountain West and its teams, including Boise State, had reached a media deal with CBS Sports that stands to pay Boise State a bonus of $300,000 for every nationally-televised game the team plays, with the addition of $200,000 for every game played on a Saturday.

Kustra says the deal also includes a 50/50 incentive for BSU if the team reaches a BCS bowl.

I am confident that our Mountain West membership is the very best decision for Boise State University, our student-athletes, and our incredible fan base, Kustra said.

BLUE UNIFORMS ARE BACK

Another bonus: the team will be allowed to wear its signature all blue uniforms on the blue turf at Bronco Stadium for home games.

One of the new provisions in the agreement is that the league will not regulate the Broncos' uniform colors or designs, said BSU Communications Director Frank Zang.

TEAMS IN MWC FOR 2013

With the addition of San Jose State University and Utah State University on July 1, 2013, the Mountain West will be comprised of 10 all-sport members and 11 football-playing institutions. Currently, the Mountain West membership includes: the United States Air Force Academy, Boise State University, Colorado State University, Fresno State, University of Hawaii i (football only), University of Nevada, University of New Mexico, UNLV and University of Wyoming.

Here's Kustra's entire statement:

I am pleased to announce that Boise State will remain in the Mountain West Conference (MWC) for all MWC sports, including football. In doing so, we thank the members and Commissioners of the Big East Conference and the Big West Conference for their acceptance of us as members. In making this decision, we considered revenue, stability, team and fan travel, and the advantage for Boise State athletics in general of having most sports in one conference.

This has been an odyssey for Boise State, with all the unexpected turns and changes that term suggests. The responsibility for conference membership lies at the desk of the university president and it s one I have taken very seriously. The benefits of geographic footprint, revenue, and national exposure have to be balanced, one to the other. In this day of constantly shifting memberships, the value of those benefits also shifts, often into the unknown.

The remaining teams in the Big East and those about to join the Big East are fine programs with leadership that I have come to know and value greatly. But I also appreciate the membership of the Mountain West Conference many of whom are considered our traditional rivals and look forward to our continued relationship.

Thanks to the success of Coach Petersen and his staff, Boise State football is a unique program with a value in media and ticket sales attractive to a number of conferences and bowl venues. Mountain West Commissioner Craig Thompson and the presidents on his board recognized that and created for the very first time with CBS Sports agreement an innovative and unique offer for Boise State that exceeds prior offers and carves our home football games from the conference media package and allows their sale on the market, with Boise State and the MWC as partners in the sale.

In return, Boise State and other teams in the conference who may appear on national TV (ESPN, ESPN2, NBC, CBS, Fox) will be paid a bonus of $300,000 per game, with an additional $200,000 for a Saturday game. This innovative approach accesses for both the institutions and the conference the TV value brought to the conference by its teams, while treating all of its members, to the extent possible, in an equitable and fair way.

Finally, the MWC is implementing a system whereby any member whose football performance results in payments from the BCS to the conference will share directly in those revenues on a 50/50 basis with the conference, thus enjoying a direct reward for their team's success.

It is my fondest hope that everyone in the Boise State family will be pleased with this arrangement and appreciate the team effort that was required to get us here. Special thanks to Vice President and Legal Counsel Kevin Satterlee, who worked tirelessly to achieve this result, and to Athletic Director Mark Coyle for his leadership throughout this process.

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