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Syracuse Athletics
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As indicated in Friday's Thread: ACC-Maryland moving toward Settlement
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[QUOTE="Cheriehoop, post: 1038925, member: 127"] [SIZE=3][B]I'm just confused why determination whether an exit fee is excessive would be measured by the damage suffered by the ACC and not the benefit to the departing member who's claiming its excessive. Saying it's punitive also seems pretty obvious - of course it is, it's supposed to be punitive and a deterrent to membership hopping without penalty. How secure would other members be in a conferences' stability if a member can negotiate down exit fees to a level they unilaterally want? [/B] [B]UMD could have said "no" to the Big10 invite after the conference vote if it was truly excessive and punitive for Maryland- they didn't. Unless UMD is a totally irresponsible university who didn't vet the impact of their actions, they decided it was a fiscally beneficial move regardless of the fees. Still being a member of the ACC, Maryland was also privy to the upcoming vote on exit fees and conference efforts to prevent members from jumping ship. Swofford alone didn't act quickly, it was the conference membership who did. UMD took the risk and put themselves in the rock and a hard place situation and did what they wanted to do for their own benefit. [/B][/SIZE] [/QUOTE]
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As indicated in Friday's Thread: ACC-Maryland moving toward Settlement
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