One question, though, that keeps popping up from the man on the street is this: Where's all the money coming from?
You might remember in order to leave the Big East early, WVU had to pay $20 million. Some is the league simply keeping what WVU would have collected via distributions. Some is through the "transition fund" loaned to the school by the WVU Foundation.
Still, losing $20 million is a hit. Ditto the $500,000 WVU is paying Florida State in order to ditch the scheduled football game originally set for this coming season.
"There are a lot of changes going on," Luck said. "We have buyouts and other Big 12 costs. We're working extraordinarily hard to figure how to do it in a fiscally responsible manner.
"We've increased [football] ticket prices and [Mountaineer Athletic Club] donations. We're working on concessions and sponsorships. It is challenging. But we looked at the bigger picture and I think any Board of Trustees, etc., would have made the same decisions."
Earlier this week, news popped that WVU's athletic department lost $217,700 on its Orange Bowl trip. Luck, though, was proud of that figure, considering the crazy setup that allows bowls to demand schools sell tickets. In this case, WVU sold 7,763 Orange Bowl tickets and had to pay for the remaining 9,737.
"We always budget for the worst-case scenario," Luck said. "We thought the Orange Bowl could cost us $1 million."
Luck kept using the word "challenging."
"We went to the [Big 12] meetings and, for example, talked about scheduling," he said. "We showed that if our teams were scheduled to play this and that school in this certain way, we could save $75,000."
The goal, though, is to become a full-fledged member of the Big 12 and hit its pot of television gold.
"We'll be a 50 percent member [financially] this year," Luck said. "It will be 67 percent, then 85 and then 100. When you get to 85 and 100, that's substantial. We're talking about a payout of $20 million a year compared to [what the Big East paid] $7-8 million."
In other words, the summit is worth the climb.
Reach Mitch Vingle at 304-348-4827, mitchvin...@wvgazette.com or follow him at twitter.com/MitchVingle.