it's a major award
Per the Baltimore Sun, Maryland has settled its suit over exit fees for $31.3 million of the $52 million the ACC was asking.
The University of Maryland and the Atlantic Coast Conference ended their legal dispute Friday with an agreement under which the school will pay $31.3 million of the original $52 million exit fee the conference was demanding.
The settlement figure is the amount that the ACC already collected by withholding shared conference revenues as a sort of down payment on the larger fee.
That means that each side now can walk away.
Welcome to the Big Ten, Nebraska! We're worth every penny!