I'd start with a Denon AVR-4311 ( $1150 refurbished + $150 for 5-year warranty from A4L ) or Onkyo TX-NR3009 ( $1250 refurb + $150 @ A4L ). NONE of these receivers are 11.x receivers but they are capable of it by adding an external amp. An Emotiva 5-channel amp will cost $900 and take about 70-80% of the power load off the receiver running in 11.x.
The BIC speakers you chose should be fine with any of these receivers but, like others have said, you can take the entire $2500 and invest in a better 7.2 setup and build up from there. Setting your room up with the goal of expanding it later is what most folks do. It is what I did. The 9.2 receiver can be your core and also plan your power outlets with the idea of adding an external amp. Plan out your speaker layout with the idea of getting a core 5.2 system now and then doing the front to surround speaker shuffle down the road. 90% of ALL content out there is STILL 5.1, so all you'd be doing with those is matrixing the additional speakers 90% of the time. There are only a couple of discs out there now that are matrixed in the studio for DTS Neo:X 11.x, so I won't be really using MY 11.2 setup until I receive Expendables 2 in a few days.
I started my REAL effort with an assortment of JBL speakers ( L7 plus matching center ) along with EoSone surrounds which was about $2500 for a 5.0 setup. I added the Definitive Technology BP7000SC and C/L/R 3000 a few years later at a cost of around $6500. The DefTech towers, with their built-in 1800 watt powered subs, give plenty of low end, so I don't have the desire to have a stand-alone sub. I moved the JBL to the back and sold off the JBL center and went to a 7.2 setup and upgraded the receiver to a Denon AVR-5308ci for $5000. I added two DefTech SM55 and two DefTech UIW BPZ/A for about $1100 to make up the current 11.2 setup. At the same time I added an Emotiva XPR-5 amplifier, 400 watts x 5, to power the core 5 speakers at a cost of $1532. So. All of the money I put into my current setup was over about 15 years and the only thing I really sold off was the JBL center channel. I still have my 4 original speakers from 1997 and 2001 but I'm not counting the POS Sony HTiB I had before that. My first real 5.1 setup was with a Sony STR-DE805, then Denon AVR-5600, AVR-5803, and current AVR-5308ci. So. I've upgraded receivers about every 5 years.
HD-DVD = 94
Blu-Ray = 120 ( 24 Warner red2blu )