|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
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