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Arizona State will hold a press conference later today to announce their plans to transition their hockey program from a club team to full NCAA Division I status, according to a report from Craig Morgan of Fox Sports Arizona.
Details are still scant, but hopefully will be cleared up at the upcoming press conference later today. Among the big details, Arizona State will have to add another women's sports program to remain in compliance with Title IX, and would likely need to build a new facility for hockey.
We'll have more details as they are announced. For additional coverage, SB Nation's excellent Arizona State outlet, House of Sparky should have more on the story.
Update: Arizona State has announced that they'll hold a press conference at 2pm local time announcing the school's plans for going forward. It is expected that the school will play a mixed DI/ACHA schedule next year, a full D-1 schedule in 2016-2017, and then a conference as a full member in 2017-2018.