BALTIMORE — Maryland is set to follow the money to the Big Ten and end a nearly 60-year affiliation with the Atlantic Coast Conference.
Patricia Florestano, a member of the university system’s Board of Regents, said the board approved the decision to change leagues Monday morning but that the vote was not unanimous. Florestano said she voted for the measure.
“The question is what’s the future and we have to look to the future,” Florestano said.
Maryland will begin competition in the Big Ten in the 2014-15 school year, a university official said.
The obvious incentive for Maryland to make a move is financial. A university commission on athletics last year found that athletic department deficits were expected to reach almost $8.7 million in 2013 and $17.2 million in 2017 without any action. The school ultimately cut seven sports, dropping Maryland’s overall athletic offerings to 20 teams.
One thing an affiliation with the Big Ten would bring is a vastly more lucrative television payout. Jim Delany, the Big Ten’s commissioner, told reporters in June the conference distributed $284 million to its current members during the last school year. That comes out to an average of nearly $23.7 million, and the Big Ten’s television contracts are up in 2017.
The ACC, meanwhile, announced a renegotiated deal in May that provides an average of $17 million per school over the course of a deal that stretches through 2027.
A university official said that after the regents endorsed the move, Maryland sent a letter of application to the Big Ten. The conference’s council of presidents then unanimously voted for the addition of Maryland, the official said.
What is uncertain is how Maryland will handle the ACC’s $50 million exit fee, a figure enacted over the objections of both Maryland and Florida State in September. A university official said the school will deal with the ACC privately over the exit fee.
Clearly, there is some question over whether the figure can be negotiated.
“We’re still debating what that figure is and how we’re going to deal with that,” Florestano said.
Money also figures to be a driving force for the Big Ten, long a juggernaut of mostly large public schools in the Midwest. With the addition of Maryland and possibly Rutgers, the conference would have a contiguous presence from New Jersey to Nebraska and effectively bisect the ACC’s much-touted geographic footprint along the East coast.View Entire Story
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Patrick Stevens has covered Maryland and other Mid-Atlantic college sports for more than a decade. You can reach him at email@example.com.
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