Tuesday, January 14, 2014

Maryland Files $157M CounterClaim Vs. ACC

((HT: Baltimore Sun/Barker))

The suing and countersuing between the ACC and the University of Maryland over the school's exit to the Big Ten Conference has now come from Maryland- as they are now asking for $157-million in damages the school is saying it should get because the ACC has tried to recruit Big Ten schools as Maryland was leaving...

The counterclaim also asks the North Carolina court to have the conference pay Maryland $16 million that the school says has been improperly withheld since Maryland said they were jumping...

The conference is still looking for its $52-million plus exit fee- in full... from a school that left the ACC because it was running at a deficit and had to eliminate sports in an attempt to try and get closer to a break-even budget...

And got their money grab by joining the Big Ten and getting to be a part of the money distribution of the Big Ten Network- something the ACC has talked about, but won't have any time soon...

And the school is blaming, partly, the four-letter...
From Barker:

Maryland’s counterclaim says the ACC’s desire to expand is driven “in large part on counsel and direction that the conference received from ESPN.”

“Whether that guidance was given formally or informally,” the document alleges, ESPN has “incentivized the ACC to compete more aggressively in the market for conference affiliation/membership.”


Here's the presser that caused all this consternation back around Thanksgiving 2012...
((HT: UMDNews))

No comments:

Post a Comment