banner

NASCAR

more stats

ACC, Maryland settle lawsuit

Greensboro, NC (SportsNetwork.com) - The Atlantic Coast Conference and the University of Maryland have resolved lawsuits filed by both parties pertaining to the Terrapins' departure from the league for the Big Ten.

Under the settlement, the ACC will keep $31,361,788 of the $52 million in exit fees it charged Maryland to end its 61-year tenure in the conference and join the expanding Big Ten for the 2014-15 academic year.

Maryland will not have to pay any additional fees to the ACC, while lawsuits filed in both North Carolina and Maryland have been dismissed.

"On behalf of the ACC's Council of Presidents, I am pleased that all parties can move forward, returning our focus where it belongs -- on our student- athletes, intercollegiate athletic programs and institutions of higher learning," said University of Miami president Donna Shalala, chair of the ACC Council of Presidents. "There is great excitement surrounding the ACC and its 15 member institutions and we extend our best wishes to our colleagues at Maryland as we all look ahead to the upcoming academic year."

Maryland, a charter member of the ACC, accepted an invitation to join the Big Ten along with former Big East member Rutgers in November of 2012. The Terps will begin play in their new league this coming fall.

08/08 15:37:12 ET

Other Stories

  • Football Friday with Tom Suiter

    Tomorrow at 11:35 pm on WRAL-TV

  • CFB: Maryland at Syracuse

    Saturday at 12:25 pm on WRAL-TV

  • SEC: Florida at Alabama

    Saturday at 3:30 pm on WRAL-TV

  • High School Wrap Up Show

    Saturday at 9:00 am on 99.9 The Fan

  • Logan Zone with Steve Logan

    Saturday at 10:00 am on 99.9 The Fan

  • CFB: NC State vs. Presbyterian

    Saturday at 6:00 pm on WRAL-FM

  • Football Friday

    Tomorrow at 11:35 pm

Scoreboard
MLB
Final
OAK 2
TEX 7
9th
PIT 3
BOS 2
 
9th
NYY 2
TOR 2
 
9th
MIA 2
WAS 6
 
5th
CHC 2
LOS 1
 
6th
HOU 1
CLE 0
 
6th
STL 0
MIL 2
 
5th
COL 1
ARI 2
 
3rd
SDP 1
PHI 0
 
10:05pm Tonight
ANA
SEA
3rd
KST 7
AUB 10
 
2nd
ATL 35
TAM 0