UMD pays ACC 31.36 MM exit fee

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Re: UMD pays ACC 31.36 MM exit fee

Postby stever20 » Mon Aug 11, 2014 12:26 pm

Yeah I would think if UVA went to the Big Ten, Va Tech would quickly get snapped up by the SEC. Getting into Virginia would be huge for them.

I think in some ways that is a detterent for UVA quite frankly. UVA would know that Va Tech in the SEC would destroy them in the Big Ten.
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Re: UMD pays ACC 31.36 MM exit fee

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Re: UMD pays ACC 31.36 MM exit fee

Postby HoosierPal » Mon Aug 11, 2014 3:47 pm

This is quite a win for Maryland. Maryland, in effect, did not have to write a check to leave the ACC. They simply did not get the $31MM league revenue due them. The ACC wanted $52MM, so Maryland gets to walk away without paying about 40 percent of the money. That's quite the discount. With the Big Ten Network revenue coming in, Maryland won't be set back at all by the $31MM they forfeited. Big Ten Network revenue per school in 2013 was somewhere around $26MM per school. I am sure Maryland won't get a full Network share for some time, but they will make up the $31MM in two years or less. The per school projection for 2 years out is $45MM.
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