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Press Release - Tuesday, November 27, 2012 3:40 PM

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From ESPN:

The Atlantic Coast Conference has filed a lawsuit against Maryland seeking full payment of the $50 million exit fee for announcing a move to the Big Ten.

The Guilford County Superior Court clerk's office said the lawsuit was filed there Monday.

In a statement, Commissioner John Swofford says the ACC's council of presidents unanimously decided "to file legal action to ensure enforcement of this obligation."

The league raised its exit fee to $50 million in September after adding Notre Dame in all sports except football. Maryland was one of two schools that voted against the increased exit fee.

TigerNet Staff can be reached at webmaster@tigernet.com

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Subject (Replies: 17) Author Football Update: ACC sues Maryland over exit fee Crump® Is the Council of Presidents composed of the 12 ACC AThomas® Re: Is the Council of Presidents composed of the 12 ACC Tigeralumni01 Thanks.*** AThomas® Re: Football Update: ACC sues Maryland over exit fee wyyldstang Who was the other school that voted against the o2bnclemson FSU*** Yzracer48 Re:YES, they are broke too.*** peanut why sue now? MD is a member of the ACC through 2014. deltapercy Re: Football Update: ACC sues Maryland over exit fee cwby They forfeit their ACC Championships daj mi pivo so, FSU voted to sue MD for the 50 mill also?*** Memphis Tiger This lawsuit determines future of acc*** Battery505® See Big East for projected results HuntClub® "Three times the annual operating budget" 1999Alum Re: Football Update: ACC sues Maryland over exit fee kpttiger Re: Football Update: ACC sues Maryland over exit fee tigrecalvo ditto UNC and Miami. We are losing payouts from two daj mi pivo