Modern Family

Syracuse and Pitt will have to pay $5M exit fee to join the ACC

The ACC Sunday introduced Syracuse and Pittsburgh as conference members “in a move that was as swift as it was stunning,” with the two schools “citing the desire for more long-term financial stability,” according to Pete Thamel of the N.Y. TIMES. The move “could be a harbinger of more moves around the country.” Before they move from the Big East to join the ACC, Syracuse and Pittsburgh are “contractually obligated to wait more than two years and pay a $5 million exit fee,” but they “could negotiate an earlier exit.” ACC Commissioner John Swofford said, “In all my years of collegiate administration, I’ve never seen this level of uncertainty and potential fluidi ...