|Maryland to get front-loaded deal from B1G|
|by TigerNet Staff - Wednesday, December 12, 2012 12:39 PM||
The potential solution was to get creative, according to two people with direct knowledge of the deal. By front-loading the deal — moving some money from years well into the future to the Terrapins’ first six years in the conference — Maryland was able to secure the cash it will need to address some of its immediate financial problems.
Those financial problems could include the ACC's $52 million buyout. The league has sued the school to recoup the entire exit fee. Maryland used its leverage to free up some Big Ten money earlier. Wonder what Nebraska thinks about that?
The Post confirmed an earlier Sports Illustrated report that the Big Ten had projected to Maryland that the Terps would receive $32 million in 2014-15 and $43 million when the conference renegotiates its TV package in 2017.
Read the full article here
|Send Feedback to TigerNet Staff: Email | Comment||
- Photo: Howard's Rock pedestal vandalized
- Surveillance images show vandalism to Howard’s Rock case
- WATCH: Beasley vs Clowney in 40-yard Dash
- Concept Helmet Designs for Clemson
- Photo: Howard's Rock removed from grounds
- Beasley runs fastest 40 time in DL Group
- Swinney opposes new downfield rule proposal
- Clemson OL will miss spring practice with medical issue
- New poll says Swinney most popular coach in SC, but more Gamecocks fans
- Report: Clemson hires new defensive analysis coach