Wed Nov 28, 2012, 01:10 PM
JonLP24 (14,428 posts)
ACC to add Louisville in 2014
Louisville will officially join the Atlantic Coast Conference, becoming the sixth former Big East school to leave for the ACC.
The ACC's presidents and chancellors voted to add the Cardinals on Wednesday morning to replace Maryland, which will leave for the Big Ten in 2014.
Louisville is expected to join the ACC in the same season. Big East rules require a $10 million exit fee and 27 months' notice, but the Cardinals -- like several schools before them -- should be able to negotiate a higher buyout to leave before the 27-month period.
The ACC also considered UConn and Cincinnati for membership. However, sources told ESPN the league wanted Louisville only because there is a sense among league presidents that the ACC can add more schools at a later date if the conference loses any other schools.
4 replies, 370 views
ACC to add Louisville in 2014 (Original post)
Response to JonLP24 (Original post)
Wed Nov 28, 2012, 01:43 PM
WilmywoodNCparalegal (2,494 posts)
1. Not a bad addition
in lieu of Maryland. Better football and basketball than Maryland, IMHO. The ACC has also sued UoM for the $50-odd million exit fee which it wants from UoM.
But this conference realignment BS is starting to grate on my nerves. The ACC is in peril, IMHO. There were rumors UNC-Chapel Hill was contemplating a move to the SEC. The rumors were quashed officially, but if that were to happen it would break the ACC and would kill one of the best sports rivalries ever: UNC/Duke.
I realize football brings in a lot of money, but this is getting ridiculous.
Response to WilmywoodNCparalegal (Reply #1)
Wed Nov 28, 2012, 04:01 PM
TZ (42,769 posts)
2. btw regarding the $50 million exit fee...
MD atheletics only brought in something like $52 million for the past year, so this is gonna be an ugly parting...
Response to TZ (Reply #2)
Wed Nov 28, 2012, 04:17 PM
Condem (8,992 posts)
3. They'll NEVER pay 50 mil.
Be surprised if it's over 20 mil.
The insurgency began and you missed it. I looked for it and I found it. Miles Standish proud. Congratulate me.