Wolfman
All American
Posts: 4,470
Joined: Nov 2011
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I Root For: The Cartel
Location: Raleigh, NC
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Did the ACC force Maryland's hand?
Maryland's financial issues are not recent events. They have been struggling for decades. The B1Gs interest in Maryland has been known for some time.
Maryland successfully got the first exit fee increase limited to $20 million. Would they have stayed in the ACC believing that they could work with that number or possibly get the exit fee reduced if their financial situation became intolerable?
The exit fee was eventually raised to $50 million plus. Maryland had to challenge the $50 million fee fairly quickly. The courts would likely have said they should have challenged the fee when it was raised, not 3 years (example) after the fact.
So, did the ACC force Maryland's hand?
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12-16-2012 12:29 PM |
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OrangeCrush22
Heisman
Posts: 6,426
Joined: Feb 2011
Reputation: 267
I Root For: Syracuse
Location:
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RE: Did the ACC force Maryland's hand?
That's an interesting idea. I wouldn't be surprised if that was the case.
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12-16-2012 12:47 PM |
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XLance
Hall of Famer
Posts: 14,442
Joined: Mar 2008
Reputation: 798
I Root For: Carolina
Location: Greensboro, NC
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RE: Did the ACC force Maryland's hand?
The ACC was completely blindsided by Maryland's actions. Loh has proven himself to be a straght faced liar.
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12-16-2012 12:56 PM |
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