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HOO86

Joined: 12/12/2002 Posts: 21847
Likes: 2038


No. The ACC exit fee is offset by the Big Ten travel signing bonus.


The Big Ten gave them a $30 million travel signing bonus up front. Maryland doesn't have to pay that back as I understand it. That offsets the $32 million exit fee settlement with the ACC.

This is an advance of future revenue that Maryland is borrowing. I don't know when or how they pay it back. They don't reach full share until 2021. By then hopefully the ACC will have closed much of the gap with the ACC Network.

The point is that Maryland is borrowing money from the Big Ten to make it look like they have the surplus you were showing. In the end they stand to receive more revenue from the Big Ten than from the ACC, but it will be substantially less than the $100 million Dr. Wallace Loh was selling in 2012.

(In response to this post by reestuart)

Posted: 05/25/2017 at 4:48PM



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Current Thread:
 
  
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