Jan 18, 2013, 6:45 PM EDT
The moment that the University of Maryland announced its intentions to leave the ACC for the Big Ten in November, those who have anything to do with collegiate athletics had to believe that this would not be a pretty situation.
While there has been plenty of movement in recent years the feelings tend to be more raw when a league is losing a member for the first time, as was the case for John Swofford’s conference.
In the aftermath of that decision the conference sued the University to make sure they would receive the full $53 million exit fee as agreed upon (by vote; Maryland and Florida State voted against this measure) by league members when Notre Dame joined the ACC in all sports with the exception of football.
With the ACC also making the move to withhold “shared revenue payments as collateral towards the exit fee” (that’s about $3 million right now), two motions were filed by Maryland attorney general Douglas F. Gansler to get the ACC’s lawsuit (filed in North Carolina) dismissed.
The state also wants the shared revenue money that the ACC is withholding to be released to Maryland.
“They sent us a letter saying they are withholding royalties, the amount of money [the University of Maryland is] entitled to,” Gansler said. “They’re doing this because the University of Maryland owes them $53 million.
“When they sent us the letter, that triggered the ability for us to bring a lawsuit in court, saying you owe us this money. That’s what we filed. We filed it for the money and for the antitrust implications.”
According to both the Baltimore Sun and the Washington Post Gansler filed motions in Prince Georges County (Md.) and Greensboro, N.C., with the latter being the city in which the ACC offices are located.
The matter of the $53 million exit fee is something that many within collegiate athletics will keep a close eye on. If the ACC gets its way and Maryland has to pay the full amount, will this keep their current (and future) membership from having wandering eyes?
If Maryland were to end up paying far less than that amount could that open the doors for other conferences to go after ACC members?
In voting against the raised exit fee in September, Maryland president Wallace D. Loh stated that he didn’t agree with the punishment of “people if they simply exit a relationship.”
Loh stressed that his objection stemmed solely from personal beliefs, and not a desire on Maryland’s part to protect itself in the event that it one day decides to leave the ACC. In fact, Loh repeatedly praised the relationship between Maryland and the ACC, saying that the school will continue to be a part of it for years to come.
Today’s action by the State of Maryland was to be expected. And with both sides looking unwilling to budge, the situation between Maryland and the ACC could get ugly. And just how ugly it gets will have an impact on the next step (if there is one) in major conference realignment.
Apr 28, 2015, 9:45 AM EDT
Yeah, exactly what it says in the headline.
Apr 28, 2015, 9:17 AM EDT
Rector was a three-star recruit coming out of high school.
Apr 27, 2015, 11:00 PM EDT
Rutgers added a potential starter for next season on Monday.
Apr 27, 2015, 9:45 PM EDT
N.C. State landed a surprise commitment from an athletic 2015 forward on Monday night.
Apr 27, 2015, 8:30 PM EDT
The NCAA is considering moving the shot clock to 30 seconds in men’s basketball.
Apr 27, 2015, 7:15 PM EDT
Florida guard Eli Carter will transfer.
Apr 27, 2015, 6:08 PM EDT
Duke picked up its second major commitment in recent weeks with the addition of five-star wing Brandon Ingram.
Apr 27, 2015, 5:45 PM EDT
Here’s seven takeaways from a busy weekend at the three shoe company events.
Apr 27, 2015, 5:22 PM EDT
Brandon Ingram is a top five recruit in the class.
Apr 27, 2015, 3:37 PM EDT
Tatum might be the best player in the Class of 2016.
Apr 27, 2015, 1:50 PM EDT
It will feature a preseason top five team.
Apr 27, 2015, 12:48 PM EDT
Who were the biggest losers of the early entry deadline?
Apr 27, 2015, 12:00 PM EDT
Which potential draft picks returning to school will be the most influential in 2015-16?
Apr 27, 2015, 10:17 AM EDT
Hatch is one of the most inspirational people you will ever hear about
Apr 27, 2015, 9:00 AM EDT
The return of Buddy Hield pushes previously unranked Oklahoma into our way too early rankings.
Apr 27, 2015, 8:00 AM EDT
Who’s going pro? Who’s returning to school? Who are we still waiting to hear from?
Apr 26, 2015, 8:45 PM EDT
Collins averaged 7.1 points and 5.2 assists per game last season, and his arrival could lead to Alex Caruso getting more scoring opportunities off the ball.
Apr 26, 2015, 7:35 PM EDT
Robinson has quite the rebuilding job on his hands, but guard LeAntwan Luckett (16.3 ppg) is one of the team’s top four scorers who have eligibility remaining.
Apr 26, 2015, 7:05 PM EDT
Dominic Green was released from his National Letter of Intent to Arizona State a couple weeks ago.
Apr 26, 2015, 6:02 PM EDT
In addition to making graduates sit out a year, there’s also consideration of the idea that schools can restrict where they can go.
- Duke lands five-star Class of 2015 wing Brandon Ingram 3
- College basketball’s seven biggest early entry losers for the 2015-2016 season 1
- College basketball’s six biggest early entry winners for the 2015-2016 season 4
- Austin Hatch’s inspirational basketball career has come to a close 3
- UPDATED: 2015-2016 College Basketball Way-Too-Early Preseason Rankings 1
- 2015 College Basketball Updated Early Entry List 14
- Report: Yogi Ferrell to return to Indiana for senior season 0
- Duke lands commitment from elite PG Derryck Thornton, who will reclass (18)
- 2015 College Basketball Updated Early Entry List (14)
- UPDATED: 2015-2016 College Basketball Way-Too Early Preseason Top 25 (9)
- Louisville adds key grad transfer Damion Lee (6)
- College basketball’s six biggest early entry winners for the 2015-2016 season (4)