AP Source: Louisville to pay $11mil AAC exit fee

[bearcattom]

http://www.usnews.com/news/sports/articles/2013/11/13/ap-source-louisville-to-pay-11mil-aac-exit-fee

[cpawstoney]

The original exit fee was 15 mil ... they got it reduced to 11 mil because they had given the BE notice when they thought they were leaving for the BIG12. Rutgers is trying to get their exit fee reduced to 10 mil. D'ville has a rider in their agreement that if Rutgers gets out for less than 11 mill they get a refund of the difference.
http://www.nj.com/rutgersfootball/in...port_says.html

[Lobot]

Rutgers sued the league. No way they get out on good terms deal like Louisville did.

[London 'Cat]

Rutgers is not a position of bargaining strength as they have already scheduled a full slate of B1G games for next season. They need out before next football season, at the latest, so they are sort of at the AAC's mercy, as the litigation will never be concluded in time.

[vince8290]

What if Maryland is held up from departing the ACC? Does anyone know what happens to Louisville's membership plans?

[Lobot]

What if Maryland is held up from departing the ACC? Does anyone know what happens to Louisville's membership plans?

According to an article in Card Chronicle earlier this week, per the U of L Prez, the move would be scuttled if Maryland doesn't get out of the way. That theoretically would put them in position to take a jump to the Big 12 instead and possibly screw us over. The Big 12 would be delighted if this were to happen becuase they have all but admitted they whiffed on Louisville.

[bearcatbret]

Would the Big 12 take UC with UL? It would make a good WVU-UL-UC triangle.

[1977 BearCat]

Would the Big 12 take UC with UL? It would make a good WVU-UL-UC triangle.

Which is what they should have done to start with.

[bobestes]

According to an article in Card Chronicle earlier this week, per the U of L Prez, the move would be scuttled if Maryland doesn't get out of the way. That theoretically would put them in position to take a jump to the Big 12 instead and possibly screw us over. The Big 12 would be delighted if this were to happen becuase they have all but admitted they whiffed on Louisville.

The big 12 is a weak conference. Louisville would go to the ACC for free before they'd go to the Big 12. In fact, if you polled the higher ups at UC, they'd probably say the same. The ACC will always have a spot for Louisville because its makes the big 12 weaker, regardless of what Maryland does.

[longtimefan]

The big 12 is a weak conference. Louisville would go to the ACC for free before they'd go to the Big 12. In fact, if you polled the higher ups at UC, they'd probably say the same. The ACC will always have a spot for Louisville because its makes the big 12 weaker, regardless of what Maryland does.

As much as I hate to say it, I agree with you. ACC is not going to let go of Louisville. Now if Maryland stayed and they wanted to add Louisville that would put them at an odd number.......

Big 12 is not the SEC, but it is probably stronger than the Big 10, especially after the Big 10 adds two more bottom feeders.

[coach]

carolina court upheld the acc's lawsuit over the 52mm exit fee. this could get very interesting. md may need to raise their state sales tax. ha.

[red_n_black_attack]

carolina court upheld the acc's lawsuit over the 52mm exit fee. this could get very interesting. md may need to raise their state sales tax. ha.

Do you have a link?

[coach]

Just go to cbs sports website under college fball. The story is all over.

[longtimefan]

Do you have a link?

http://www.cbssports.com/collegefootball/eye-on-college-football/24249116/north-carolina-courts-uphold-accs-52m-lawsuit-against-maryland

[98bearcat]

http://www.cbssports.com/collegefoot...ainst-maryland

Ya, far from over because most everybody expected North Carolina to uphold the suit, but when that is finished, nothing will happen because then Marylands countersuit, in their state, will go on and they will pretty much come up with the exact opposite of what the North Carolina court came up with.. The problem is neither court is impartial in this process... if anything California, Oregon, or Washington should be where these preceedings are decided so they have as little vested in what happens in this scenario as possible.