(11-03-2013 06:06 PM)XLance Wrote:  

(11-03-2013 04:46 PM)JRsec Wrote:  

(11-03-2013 04:31 PM)XLance Wrote:  

(11-03-2013 04:05 PM)JRsec Wrote:  Maryland will pay $20 million plus their court costs when this is over. They have precedents on their side in cases involving leaving members who have not voted for additional exit fees. Florida State could have as well, but has passed the time limitations established by precedent. All remaining ACC members would now have to pay 52 million because they did vote to accept it and because it has been more than a year since they did so. A year has been the rough equivalent of reasonable time for a program to leave when it did not accept new stipulations. Maryland will qualify but will be bound to the old exit fee of 20 million.

Maryland will end up paying AT LEAST $52M plus court costs in North Carolina and in Maryland.

I like you XLance but you will be dead wrong on this one. Emoticons or not.

The ACC has the best "intellectual property" legal team in the Southeast. The same team faced a bank of federal lawyers and got that *******John Edwards out of his campaign finance troubles when everybody knew he was guilty as he was slimy. And to top it off, the same firm wrote the contract for the ACC.
The folks in Greensboro are very confident about the amount.

Being confident in one's position is a requirement of a legal team up until the decision is rendered. Maryland is not going to waltz on this but neither will they pay more than they agreed to pay (with the exception of their cost to litigate). And when the judgment is in and the Terps are out for 20 million plus expenses it will not mean what many in the Big 10 think, open season on ACC teams, because the 52 million will be ensconced for the remaining members.