ACC votes to add Louisville, sue Maryland over exit fee

So long Maryland, hello Louisville.

Presidents from the Atlantic Coast Conference barely allowed the ink to dry Maryland’s exit papers for the Big Ten when they unanimously voted to add the University of Louisville for all sports starting in 2014.

Louisville is the No. 1 college basketball television market in the country and operates with an annual athletic budget that is more than $25 million greater than Maryland’s last reported fiscal athletic expenditures of $57.35 million.

The Cardinals also have an improved product on the football field under coach Charlie Strong, who has a 23-14 record in two seasons before Louisville plays for a BCS bid at Rutgers on Thursday night. Maryland is 15 games under .500 in the past four seasons.

Well-known basketball coach Rick Pitino and the traditional power of his team brings instant cachet to a conference that will also bring in Jim Boeheim and Syracuse next season.

Sports Illustrated’s Pete Thamel reported Wednesday that the ACC moved quickly on its 7 a.m. conference call to add Louisville because the Big 12 and likely others were ready to add the Cardinals to their conference.

The Big 12 remains at 10 schools, the only BCS conference under 12 institutions for major sports. The Big Ten expanded to 14 last week when it welcomed Maryland and Rutgers.

The ACC has sued Maryland for the full $52.3 million exit fee for its Big Ten move, according to multiple reports.

In a 10-page lawsuit, the conference seeks $52,266,342.

Commissioner John Swofford said in statement that the ACC’s council of presidents decided unanimously “to file legal action to ensure enforcement of this obligation.”

“We continue to extend our best wishes to the University of Maryland; however, there is the expectation that Maryland will fulfill its exit fee obligation,” he said.

The league’s exit fee was raised to $50 million in September after Notre Dame joined in all non-football sports. Maryland and Florida State were the only two schools to vote against the increase.

Maryland President Wallace D. Loh told The Washington Post that he voted against the increase associated with Notre Dame because he believed the higher fee was “illegal and philosophically not a good idea.”

Comments

comments

Pelicans open second half with eye on playoff streak

Pelicans open second half with eye on playoff streakThe Myrtle Beach Pelicans begin the second half of the [more]

Mutiny gives Strand fans small taste of World Cup

Mutiny gives Strand fans small taste of World CupAmerican soccer fans don't have a rooting interest in this [more]

All-County Track & Field: Second shots strike silver

All-County Track & Field: Second shots strike silverThe frontrunners in this year's My Horry News All-County Girls [more]

Pelicans help propel South to victory in All-Star Game

Pelicans help propel South to victory in All-Star GameA pair of Myrtle Beach Pelicans played key roles in [more]

NMB's Ballard, MB's Coble reconnect at North-South

NMB's Ballard, MB's Coble reconnect at North-SouthA pair of former teammates and rivals joined forces for [more]

Pelicans fail to finish .500 after losing first-half finale

Pelicans fail to finish .500 after losing first-half finaleThe Myrtle Beach Pelicans dropped their final game of the [more]

CCU's Biermann, Lancaster make All-American squad

CCU's Biermann, Lancaster make All-American squadCoastal Carolina shortstop Seth Lancaster and designated hitter Zach Biermann [more]

Ibarrondo comes to rescue to rally first-place Mutiny

Ibarrondo comes to rescue to rally first-place Mutiny The Myrtle Beach Mutiny needed a wake-up call late Saturday [more]

Pelicans split twinbill with Mudcats, play finale today

Pelicans split twinbill with Mudcats, play finale todayAfter the Myrtle Beach Pelicans fell 2-1 to the Carolina [more]

Pelicans lose fifth straight, play doubleheader today

Pelicans lose fifth straight, play doubleheader todayVictor Diaz's seven strong innings for the Carolina Mudcats were [more]

All-County Boys Tennis: Johnson, MB duo top list

All-County Boys Tennis: Johnson, MB duo top listThe future looks bright for the sport of high school [more]

Hess carves his way to Team USA surfing nod

Hess carves his way to Team USA surfing nodCarter Hess carved his way to a spot on the [more]

Pelicans' bullpen spoils Thompson's perfect start

Pelicans' bullpen spoils Thompson's perfect startAfter Keegan Thompson was removed following seven perfect innings for [more]

Piggot feasts, scores four goals to lead Mutiny win

Piggot feasts, scores four goals to lead Mutiny winThe Myrtle Beach Mutiny rolled to a 6-0 victory over [more]

CCU trio makes all-region; Lancaster an All-American

CCU trio makes all-region; Lancaster an All-AmericanCoastal Carolina shortstop Seth Lancaster was named to the Perfect [more]

Braves' icons Avery, Jones to appear at Pelicans game

Braves' icons Avery, Jones to appear at Pelicans gameThe Myrtle Beach Pelicans will welcome former MLB All-Stars and [more]

Coastal guard Labinowicz announces plan to transfer

Coastal guard Labinowicz announces plan to transferCoastal Carolina University men's basketball player Artur Labinowicz plans to [more]

Report: Myrtle Beach Bowl 'near lock' for 2020 kickoff

Report: Myrtle Beach Bowl 'near lock' for 2020 kickoffIn yet another development in the Grand Strand's booming sports [more]

Adaptive surfers depart for US Surfing Championship

Adaptive surfers depart for US Surfing ChampionshipLocal surfers, volunteers, and family members gathered at the Charleston [more]

All-County Boys Golf: MB's Jarman trades bat for club

All-County Boys Golf: MB's Jarman trades bat for clubIf things had worked out differently, Myrtle Beach High senior [more]

Gamecocks' season ends one win shy of Omaha

Gamecocks' season ends one win shy of OmahaThe University of South Carolina baseball team saw its season [more]

Pelicans' Ademan, Pereda, Peyton make all-star team

Pelicans' Ademan, Pereda, Peyton make all-star teamMyrtle Beach catcher Jhonny Pereda, right-hander Tyler Peyton and infielder [more]

Johnson wins at St. Jude, recaptures No. 1 ranking

Johnson wins at St. Jude, recaptures No. 1 rankingFormer Coastal Carolina two-time All-American and Myrtle Beach resident Dustin [more]

Gamecocks slam their way into final game with Hogs

Gamecocks slam their way into final game with HogsThe South Carolina baseball team scored five runs in the [more]

Pelicans win ninth straight, make late run at first place

Pelicans win ninth straight, make late run at first placeThe Myrtle Beach Pelicans racked up their ninth straight win [more]

Pelicans open second half with eye on playoff streak

Pelicans open second half with eye on playoff streakThe Myrtle Beach Pelicans begin the second half of the [more]

Mutiny gives Strand fans small taste of World Cup

Mutiny gives Strand fans small taste of World CupAmerican soccer fans don't have a rooting interest in this [more]

Leave a Reply

Your email address will not be published. Required fields are marked *

© 2018 Grand Strand Sports Report · RSS
Myrtle Beach Web Design
Kayaking in Myrtle Beach