The Atlantic Coast Conference and the University of Maryland have settled their legal dispute over the Terrapins' exit from the league.
Under terms of a settlement announced Friday, the ACC will keep the roughly $31 million it had previously withheld from Maryland and the school will not owe the conference any more money.
In addition, lawsuits filed by both sides will be dismissed.
"This agreement allows everyone to fully focus their energy and efforts on prioritizing the student-athletes, especially in this significant time of change within the NCAA restructuring," ACC Commissioner John Swofford said in a statement. "We wish the University of Maryland well and appreciate their past contributions as we collectively look toward the future."
Maryland announced in late 2012 that it would leave the ACC -- the conference it helped create -- for the Big Ten.
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6 comments:
I thought O'Gay O'Malley said there was no more money
Prioritizing the "student-athletes"? What?
Oh, you mean, give us $31M and we will call it equal?
College athletics is a BIG business.
Welcome to the B10, doormat!
They look to make even MORE money with the shift. $31 million is walking around money.
Terps AD management is out of control. Has gone from bad to worse.
The Big Ten. That's laughable.
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