Nov 19, 2013, 3:30 PM EDT
Maryland’s attempts to get the $52.3 million exit fee that they owe the ACC reduced took another turn for the worse on Tuesday.
A North Carolina appeals court Tuesday preserved a lawsuit that could force the University of Maryland to pay a $52 million fee for leaving the Atlantic Coast Conference.
A state Court of Appeals panel rejected Maryland’s bid to dismiss the lawsuit. It was filed in Greensboro, where the ACC is headquartered. The three-judge panel’s unanimous decision means Maryland has no automatic right to a state Supreme Court appeal. But the higher state court could choose to hear an appeal.
Maryland will be jumping from the ACC to the Big Ten for the 2014-2015 season in large part due to the fact that they can make so much more money from the Big Ten’s TV deal. That matters for an athletic department that’s very much operating in the red; they had to cut multiple sports last season just to be able to pay their bills.
- Re-ranking recruiting classes: Who are the 25 best players from the Class of 2004? 0
- Bo Ryan to retire from Wisconsin after next season 4
- Who are the names to watch for the 2016 NBA Draft? 2
- 2015 NBA Draft: The six biggest question marks moving forward 5
- 2015 NBA Draft: Pat Connaughton, Montrezl Harrell headline list of second round steals 0
- Karl-Anthony Towns becomes Kentucky’s third top overall pick in program history 1
- Syracuse makes it official that Mike Hopkins will take over in 2018 0
- UPDATED: 2015-2016 College Basketball Way-Too-Early Preseason Rankings (18)
- Cliff Alexander, Aaron Harrison among early entrants not selected Thursday night (6)
- Five-star guard to announce college choice Wednesday evening (5)
- 2015 NBA Draft: The six biggest question marks moving forward (5)
- Jamal Murray’s commitment a huge boost for Kentucky (4)