Pac-10 transition to Pac-12 early

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The Pac-10 will become the Pac-12 next year. The University of Colorado bolting the Big 12 a year ahead of schedule.

Colorado will pay nearly $7 million to leave after this school year, and join the Pac-12 in 2011. The deal didn't look so good two weeks ago, but the colorado board of regents decided tuesday to make it happen.

Pac-10 commissioner Larry Scott says this is great news and the Pac-12 will be here a year early, Utah joining CU to fill out the new-look conference.