Maryland sues the ACC | TigerDroppings.com
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Bench McElroy
Member since Nov 2009
15519 posts

Maryland sues the ACC

quote:

The University of Maryland filed a lawsuit against the Atlantic Coast Conference after the college football association sued to force the school to pay $52.3 million in exit fees for leaving the group.

The college claims in a lawsuit filed in Prince George’s County Circuit Court in Maryland that the exit penalty is a violation of antitrust law, state Attorney General Douglas Gansler said today in a statement. Maryland also seeks to dismiss the ACC’s lawsuit in state court in North Carolina.

“Our lawsuit calls the ACC’s ‘exit fee’ what it really is -- an antitrust violation and an illegal activity,” Gansler said in the statement. “Our motion in North Carolina will ensure that a Maryland court will rule on the case.”


LINK


hg
New Orleans Pelicans Fan
Member since Jun 2009
77043 posts

re: Maryland sues the ACC
I bet the ACC is shell shocked...


geauxtigers87
USA Fan
NOLA
Member since Mar 2011
10289 posts

re: Maryland sues the ACC
Ba-zing


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Pilot Tiger
Georgetown Fan
Washington DC
Member since Nov 2005
64846 posts

re: Maryland sues the ACC
BAZOOKA


TigersOfGeauxld
LSU Fan
Just across the water...
Member since Aug 2009
19551 posts

re: Maryland sues the ACC
[roots for Maryland to win lawsuit]



Baloo
LSU Fan
Formerly MDGeaux
Member since Sep 2003
45120 posts

re: Maryland sues the ACC
This is Jack's total lack of surprise.


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FootballNostradamus
Clemson Fan
Member since Nov 2009
14962 posts
Online

re: Maryland sues the ACC
Maryland should get their shite pushed in in this lawsuit.


whodidthat
LSU Fan
Member since Aug 2011
5019 posts

re: Maryland sues the ACC
quote:

pay $52.3 million in exit fees for leaving the group.



F'n ridiculous.


chalmetteowl
New Orleans Saints Fan
it's a beautiful thing!!!!!!!
Member since Jan 2008
13802 posts

re: Maryland sues the ACC
isn't there a "restraint of trade" clause?


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AUCE05
USA Fan
Member since Dec 2009
13478 posts

re: Maryland sues the ACC
I would just fax the contract, that Maryland signed - agreeing to the buyout, to the judge.


Touchdowns4LSU
LSU Fan
Baghdad On The Bayou
Member since Oct 2004
7235 posts

re: Maryland sues the ACC
quote:

I would just fax the contract, that Maryland signed - agreeing to the buyout, to the judge.

Does Auburn have a law school? If so I hope you're not a grad.

Maryland didn't sign anything agreeing to the buyout.


AUCE05
USA Fan
Member since Dec 2009
13478 posts

re: Maryland sues the ACC
You sure? I thought after the last realignment talk, all ACC schools agreed to a redicules buyout.


tigerpimpbot
LA-Monroe Fan
The 561
Member since Nov 2011
33952 posts

re: Maryland sues the ACC
quote:

You sure? I thought after the last realignment talk, all ACC schools agreed to a redicules buyout.



Maryland and FSU's presidents refused to vote I think.

ETA: MD and FSU dissented.
quote:

In the suit, filed Monday in Greensboro, N.C., the ACC is pursuing a declaratory judgment, essentially asking the court to impose the rules its members have established. In September, the ACC’s Council of Presidents — the leaders of the league’s 12 schools — voted (with Maryland and Florida State dissenting) to raise its exit fee to three times the league’s operating budget, which this year is $17,422,114, according to the complaint.


LINK
This post was edited on 1/18 at 9:55 pm


AUCE05
USA Fan
Member since Dec 2009
13478 posts

re: Maryland sues the ACC
LINK

quote:

In early September, 2012, the Council of Presidents of the ACC member institutions voted in favor of provisions requiring payment of an exit fee by member schools wishing to withdraw from the Conference, which was effective immediately upon the vote in affirmation by the presidents. According to the Complaint filed by the ACC, “Each member has agreed…to be bound by votes of the Council of Presidents. Specifically, defendant Maryland has agreed to be bound by votes taken by the Council of Presidents.”
This post was edited on 1/18 at 10:01 pm


tigerpimpbot
LA-Monroe Fan
The 561
Member since Nov 2011
33952 posts

re: Maryland sues the ACC
It looks like the ACC got wind of MD wanting to move and then voted to increase the shite out of the penalty.


StraightCashHomey21
West Virginia Fan
Huntingdon,UK
Member since Jul 2009
59976 posts

re: Maryland sues the ACC
quote:

Maryland should get their shite pushed in in this lawsuit.


well they didn't agree to the absurd fee


molsusports
LSU Fan
Member since Jul 2004
27413 posts

re: Maryland sues the ACC
quote:

It looks like the ACC got wind of MD wanting to move and then voted to increase the shite out of the penalty



They are worried about more than Maryland.

NC, Va, Ga Tech and perhaps Duke may be coveted by the Big 10. FSU, Ga Tech, Clemson, and Louisville might make sense to the Big 12. And teh SEC may have its eyes on a school from NC and Va as well.

The ACC's stability is in question no matter what the outcome of this lawsuit - but the end of the ACC may be hastened if the penalty is greatly reduced.


TigerintheNO
LSU Fan
New Orleans
Member since Jan 2004
24101 posts

re: Maryland sues the ACC
quote:

They are worried about more than Maryland. NC, Va, Ga Tech and perhaps Duke may be coveted by the Big 10.



unlike Maryland, they agreed to the buyout


TJGator1215
Florida Fan
Member since Sep 2011
1893 posts

re: Maryland sues the ACC
If the $52M exit fee is struck down it doesn't matter. Not a lawyer, but if Maryland wins the exit fee would mostly likely be reduced to the original exit fee that they agreed to. It would be funny if the ACC collapsed along with the BE.


geauxtigs99
LSU Fan
NY
Member since Dec 2005
802 posts

re: Maryland sues the ACC
quote:

well they didn't agree to the absurd fee


Did they take money from the new conference tv and multi media deals?


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