The University of Maryland has filed a $157 million countersuit against the Atlanta Coast Conference on Tuesday. The Terrapins were given a $52.3 million exit fee from the ACC when they announced their decision to leave the conference for the Big Ten.
Since making the announcement of their exit from the conference and receiving that hefty exit fee, Maryland has been in dispute with the ACC and seems intent on not having to pay for it. The exit fee pretty much cost Maryland every bit of money they had left in their budget and the Terrapins don’t seem to be backing down from their lawsuits.
Maryland claims that ESPN gave the ACC advice on how to attract Big Ten schools to join the ACC. Pittsburgh and Wake Forest are also blamed for recruiting other Big Ten schools to leave for the ACC.
“Our lawsuit calls the ACC’s ‘exit fee’ what it really is – an antitrust violation and an illegal activity,” Maryland Attorney General Douglas Gansler said in a released statement. “Our motion in North Carolina will ensure that a Maryland court will rule on the case.”
The state of North Carolina rejected Maryland’s request to dismiss the ACC’s lawsuit forcing Maryland to make a countersuit in Maryland state courts.