ESPN reports the presidents of the Big East's seven Catholic schools, DePaul, Georgetown, Marquette, Providence, Seton Hall, St. John's and Villanova, met with their athletic directors in New York on Wednesday and will announce new membership for the new Big East within 7-10 days, according to a source who had first-hand knowledge of the meeting.

The presidents also told the ADs that a search firm has been hired to find a new commissioner.

Additional members have not yet been invited, so naming any set teams is premature, although the favorites remain Xavier and Butler out of the Atlantic 10 and Creighton out of the Missouri Valley. Dayton and Saint Louis are also candidates from the A-10, with Richmond probably a long shot.

The new Big East will begin play in 2013-14 and will hold its postseason tournament at Madison Square Garden.