ACC Files Lawsuit against Maryland over Exit Fee

4:02 PM, Nov 27, 2012   |    comments
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GREENSBORO, N.C. (AP) - The Atlantic Coast Conference has filed a lawsuit against Maryland seeking full payment of the $50 million exit fee for announcing a move to the Big Ten.
 
The Guilford County Superior Court clerk's office said the lawsuit was filed there Monday.
 
In a statement, Commissioner John Swofford says the ACC's council of presidents unanimously decided "to file legal action to ensure enforcement of this obligation."
 
The league raised its exit fee to $50 million in September after adding Notre Dame in all sports except football. Maryland was one of two schools that voted against the increased exit fee.

(Copyright 2012 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)

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