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Webmaster [∞]
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Football Update: Maryland to get front-loaded deal from B1G
Dec 12, 2012, 12:39 PM
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110%er [5636]
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DON'T PAY IT UMD!!!
Dec 12, 2012, 12:43 PM
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what they gonna do, hold your grades?
SCREW THE ACC!
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All-American [596]
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It will go against their credit score lol.***
Dec 12, 2012, 12:45 PM
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Clemson Sports Icon [57347]
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They have that Under Armour money. They're fine.***
Dec 12, 2012, 12:48 PM
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Commissioner [908]
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That's a good point, what can the ACC possibly do to them?
Dec 12, 2012, 12:46 PM
[ in reply to DON'T PAY IT UMD!!! ] |
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They can't go to jail. Can a federal court really order them to pay? Can a federal court even hear the case? I'd say we'll pay you the original exit fee from two years ago. Take it or leave it.
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Valley Protector [1447]
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And you'll get sued***
Dec 12, 2012, 12:47 PM
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Top TigerNet [32604]
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Commissioner [908]
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But what's the repercussion if they want to break that
Dec 12, 2012, 1:11 PM
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contract. Ask the Native Americans how peace treaties worked out.
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Top TigerNet [32604]
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The repercussion would be legal proceedings
Dec 12, 2012, 1:18 PM
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And yes, whatever court has jurisdiction could enforce payment. And should the school decline to follow a legal order then whatever representatives of the school responsible for following the order (be it the president of the school, the board, the financial officers) could be held in contempt.
It won't come to that. But simply refusing to pay is also not a legal option for them.
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Asst Coach [833]
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The question I have about all of this....
Dec 12, 2012, 1:45 PM
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would a judge actually rule that a state school/entity have to pay some outrageous, punitive fee to an organization that for all intents and purposes only exists as a result of the very member institutions it exists for? Me thinks not. Also, what is in the contract between the schools and the ACC? Did UMd sign a contract 10, 20, 30 years ago that even mentioned exit fees? If there are exit fees in that contract, was there also a stipulation that this exit fee could be increased w/o UMd's express agreement to that increase? Most people dealing with contracts tend to shy away from such open ended stipulations.
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Orange Immortal [64690]
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Re: The question I have about all of this....
Dec 12, 2012, 11:55 PM
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I bet they don't pay over the 20 plus court cost. They voted no then left b/c of it they will plea I would think.
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Orange Immortal [64690]
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Re: The question I have about all of this....
Dec 12, 2012, 11:56 PM
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Maryland and FSU will join in defense.
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110%er [6938]
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Rookie [11]
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Re: DON'T PAY IT UMD!!!
Dec 12, 2012, 9:56 PM
[ in reply to DON'T PAY IT UMD!!! ] |
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> what they gonna do, hold your grades?
>
> SCREW THE ACC!
I understand you don't like the ACC but a deal is a deal. Pay up. I hope we collect every penny.
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CU Medallion [19128]
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They're all yours B1G...and if I were Rutgers, I'd be taking
Dec 12, 2012, 12:47 PM
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notes...
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Virtuoso [667]
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Does this smell fishy to anyone?
Dec 12, 2012, 12:48 PM
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MD is not a brand that really deserves a concession like this. Quite odd. I'll just leave it at that.
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Commissioner [908]
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It demonstrates how important markets really are in this***
Dec 12, 2012, 12:50 PM
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Clemson Icon [24727]
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Paw Master [17592]
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Re: Football Update: Maryland to get front-loaded deal from B1G
Dec 12, 2012, 3:20 PM
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The Big 12 is wasting an awful lot of money paying MD to join it. Their program isn't worth what they are paying us to leave, much less anything beyond that. This is a win-win situation for us. We get $52 mil in cash and get rid of MD. Kinda like finding a winning lottery ticket on the street corner.
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Replies: 18
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