Indianapolis, IN (Sports Network) - Butler University has decided to leave the Horizon League and speculation is that the school will land in the Atlantic 10 Conference.

The university has scheduled a news conference for Wednesday afternoon, but the league issued a statement earlier in the day.

"This morning, I was informed by President James Danko of Butler's decision to withdraw from the Horizon League and affiliate with another conference," said Horizon League commissioner Jon LeCrone.

Butler features 19 athletic teams, but is best known for its men's basketball program that reached the NCAA Tournament championship game in the spring of 2010 and 2011.

"We are proud of the role the Horizon League played in providing a platform for Butler to significantly improve its athletics programs and achieve the highest level of national competitiveness in men's basketball," LeCrone added.

"We are excited about the possibilities that lie ahead. The Horizon League will continue to be defined by our student-athletes as they compete, serve and learn. It is our student-athletes who encompass the best values of higher education and intercollegiate athletics."

The Atlantic 10 has been looking for a replacement for Temple, which is leaving to join the Big East. The Owls, who were part of the Mid-American Conference in football, will play football in the Big East next year while joining the league in all other sports in 2013.

05/02 11:14:29 ET