A North Carolina appeals court Tuesday preserved a lawsuit that could force the University of Maryland to pay a $52 million fee for leaving the Atlantic Coast Conference.
The ACC sued Maryland after the school said last November it was leaving for the Big Ten Conference. That lawsuit came after the ACC voted to increase the exit penalty to three times the conference's operating budget, which the appeals court calculated at nearly $52.3 million.
A state Court of Appeals panel rejected Maryland's bid to dismiss the lawsuit. It was filed in Greensboro, where the ACC is headquartered. The three-judge panel's unanimous decision means Maryland has no automatic right to a state Supreme Court appeal. But the higher state court could choose to hear an appeal.
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1 comment:
Bend over taxpayers. You can see whats coming. This will be another O'Malley tax.
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