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SBD/January 15, 2014/Colleges
Maryland Files $157M Counterclaim Against ACC, Claims ESPN Sought Further Realignment
Published January 15, 2014
CRYING FOUL: USA TODAY's Steve Berkowitz cites the suit as claiming that although UM in '12 announced that it "intended to leave for the Big Ten in 2014, it did not provide its 'official notice of withdrawal,' as described by ACC rules, until June 27, 2013." The school claims that therefore, the ACC "should not have retained Maryland's $3.1 million share of ACC revenues that were distributed in December 2012 and should not have retained 'in excess of $16 million' from distributions to member schools that occurred" from January 2013 through the date of the withdrawal notice. Maryland claims that the withholdings "were 'retaliatory, tortious and anticompetitive' and caused financial problems for Maryland's athletics department that weakened the school's ability to compete in the ACC and in the Big Ten" (USATODAY.com, 1/14).