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Did Maryland pay on their exit fee from the ACC yet?
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Did Maryland pay on their exit fee from the ACC yet?


Oct 31, 2018, 9:54 PM

Asking for my friend, John Swofford. Me and him are tight, I even call him JS for short

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I found this


Oct 31, 2018, 10:00 PM

ACC, Maryland reach settlement on exit fee: $31.4M, not $52.2M. The University of Maryland will forfeit $31.4 million for leaving the Atlantic Coast Conference to go to the Big Ten Conference, the ACC announced Friday.Aug 8, 2014

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Re: I found this


Oct 31, 2018, 10:15 PM

I think they are paying in installments too. Not sure if they are done, doubt it.

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I think the money was withheld from their last few years....


Oct 31, 2018, 10:28 PM

in the conference. They were already in trouble and I'm sure us withholding their money didn't help...

Couldn't happen to a better bunch!

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They paid part of it...


Nov 1, 2018, 8:57 AM

The original contractual exit fee was $52 million. While the dispute was being resolved, the ACC retained Maryland's portion of the conference revenue (approximately $32 million). A settlement was later negotiated where the ACC would simply keep the $32 million and Maryland would not be required to pay any additional penalty.
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Sometimes good things fall apart so better things can fall together.


I never understood this move. I know they had


Nov 1, 2018, 9:03 AM

some systemic money issues, but they would be so much better off in the ACC right now than the Big 10, even with the difference in money paid out.

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Let's just be glad they're gone...


Nov 1, 2018, 9:13 AM

Their fans were horrible and they brought very little to the table as a member of the league.

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Sometimes good things fall apart so better things can fall together.


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