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Paul Strelow
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Paul Strelow said...
Does this really hurt the ACC?
I mean, I dislike losing a traditional ACC hoops power. But it seems like the only benefit for Maryland will be $$$ and feeling as if a conference cares about 'em. ... But I suspect its fan base won't really like it, and they'll be even more irrelevant in football and lose some hoops prestige.
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GoingHeels ●
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GoingHeels ●
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DeepEyez said...
You've got to be kidding right? This is a long-game and Delaney is setting-up for North Carolina. What message does Maryland's future departure send to programs like Florida State and Clemson? If a cash-strapped school can some way find 50M to leave this conference, don't you think for one moment FSU and Clemson will find a way to do the same.
What happens then? SEC targets NC State and Virginia Tech and the ACC fades into nothingness.
What's ironic is that once Maryland, NC State and Virginia Tech depart, they'll start recruiting better because somehow the ACC is becoming a brand that does not attract top talent and encourages ADs & Head Coaches to take the game of football less seriously.
I swear John Swofford has done something to either the minds of the ADs, Coaches or Presidents that mediocrity has become not only acceptable, but has also become the ACC way of doing things. Something about the other conferences inspire excellence that this conference seems utterly incapable of inspiring a pursuit of excellence and passion for the game that is the hallmark of college sports.
Funny thing is, basketball doesn't seem to suffer from this conference wide lethargy.....
This post was edited by buckeye9595 on 11/18/2012 at 8:34 PM
buckeye9595
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buckeye9595
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GoingHeels said...
Maryland isn't a big loss and can be easily replaced.
Personally, I would prefer Louisville, but I understand why UConn is considered the front runner.
However, Maryland leaving the ACC could trigger renewed interest from opportunistic conferences in Clemson and FSU. That could be disastrous. ACC needs to entrench its position on the buyout and demand the full $50M.
buckeye9595
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GoingHeels ●
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GoingHeels ●
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GoingHeels ●
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GoingHeels said...
Cashing in stock options is tax planning for 2012 with strategies that will sunset at the end of the year.
I would be very surprised if he covered the full nut on the $50M. Not saying he won't throw some cash that direction, but I don't think he is covering the full nut.
It is more likely that Maryland is betting that the ACC will not hold them to the $50M or that it will not hold up in court.
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BestoftheBig
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BestoftheBig said...
The BIG will pay the $50Mil and UMD will pay it back out of their split over several years. That's the only way any school could make the move.
I have no Idea why Rutgers is the other school other than the AAU affiliation. I would rather see VaTech so the BIG could get into the Virginia market.
Also, I would LOVE to see the BIG jump to 16 teams quickly and leave Notre Dame out in the cold.
buckeye9595
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GoingHeels ●
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4-3 Stunt said...
Doubt Maryland pays anywhere near $50 million because it's based on damages from a new contract that is only two months old, that Maryland voted against and never signed. Basically, Maryland still has the right of freedom of association. it will be hard for the ACC to prove in civil court that Maryland caused $50 million in damages. Unless Notre Dame pulls out of the new deal, the ACC will have a very hard time proving any damages. Maryland could tie this up in the court system for 10-15 years and cost the ACC millions in legal fees. Much more likely that Maryland and the ACC have already agreed upon a exit fee and that it will be closer to the original $20 million exit fee.
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Maryland, Rutgers to Big Ten?