Tuesday, November 19, 2013

ACC Lawsuit Vs. Maryland Goes On...

And the Atlantic Coast Conference can thank a North Carolina appeals court...

Maryland left the ACC for the greener (and we mean that in the literal sense) pastures of the Big 10 and their own network contracts, so the ACC sued for their $52-million exit fee...

A Court of Appeals panel rejected Maryland's bid to dismiss the lawsuit. The 3-0 decision means Maryland has no automatic right to a state Supreme Court appeal.

Maryland countersued the ACC back at the first of the year saying the penalty was "illegal."The university responded by suing the ACC in Maryland in January, calling the amount an illegal penalty.

Maryland is supposed to leave at the end of the fiscal year...

Here's B1G Commissioner Jim Delany discussing the move when it went down...
((HT: BTN))


The Big Ten reportedly paid its members $24.6-million in shared television and media rights revenues in 2012.

Where does the $50-million fee come from...???

After the ACC added Notre Dame as a member in all sports but football and hockey in September 2012, the league voted to raise the exit fee to $50 million. Maryland was one of two schools that voted against the increased exit fee.

Of course, they were... since they're operating at a deficit and had to eliminate sports to get on a budgetary track...

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