Connect with us

News

University of Maryland and ACC Reach Legal Agreement

COLLEGE PARK, MD – The University of Maryland and the Atlantic Coast Conference announced today they have reached a mediated agreement that ends all litigation between both parties. Maryland has agreed that the ACC will keep the sum of $31,361,788 previously withheld in order to resolve the lawsuits, and the ACC has agreed that Maryland will have no obligation to make any other payments to the ACC. In addition, the lawsuits filed in the State of North Carolina and Maryland will be dismissed. Read More…

COLLEGE PARK, MD – The University of Maryland and the Atlantic Coast Conference announced today they have reached a mediated agreement that ends all litigation between both parties.

Maryland has agreed that the ACC will keep the sum of $31,361,788 previously withheld in order to resolve the lawsuits, and the ACC has agreed that Maryland will have no obligation to make any other payments to the ACC. In addition, the lawsuits filed in the State of North Carolina and Maryland will be dismissed.

“The University of Maryland is proud of our long and storied 61-year association with the Atlantic Coast Conference,” said Wallace D. Loh, president of the University of Maryland. “Today’s agreement helps usher in exciting new eras for both the University and the ACC. We wish the conference and our ACC university colleagues well.”

“Our student-athletes, coaches, staff, fans and alumni will forever hold dear the memories of six outstanding decades in the Atlantic Coast Conference,” said Kevin Anderson, Director of Athletics at the University of Maryland. “Today marks the next chapter in the history of Maryland Athletics, and we look forward to creating new memories in the decades to come.”

“On behalf of the ACC’s Council of Presidents, I am pleased that all parties can move forward, returning our focus where it belongs – on our student-athletes, intercollegiate athletic programs and institutions of higher learning,” said Donna Shalala, Chair of the ACC Council of Presidents and President of the University of Miami. “There is great excitement surrounding the ACC and its 15 member institutions and we extend our best wishes to our colleagues at Maryland as we look ahead to the upcoming academic year.”

“I commend our Council of Presidents and specifically President Donna Shalala for steering us to this resolution,” said ACC Commissioner John Swofford. “This agreement allows everyone to fully focus their energy and efforts on prioritizing the student-athletes, especially in this significant time of change within the NCAA restructuring. We wish the University of Maryland well and appreciate their past contributions as we collectively look toward the future.”

The ACC and the University of Maryland consider this matter closed and will have no further comment.

In 2009, Adam O’Neill, Harry Alford and Thomas Alford launched Lacrosse Playground as the preeminent site for lacrosse gearheads. For years Lacrosse Playground provided lacrosse fans with tutorials and tips on how to string a lacrosse head, up-close looks at the gear the top players used and sneak peeks at equipment and uniforms before they were released. More than 10 years and millions of visits later, Lacrosse Playground has relaunched with a focus on storytelling. Our mission is to provide comprehensive coverage of the latest lacrosse news, share insights into the sports betting and fantasy lacrosse world and showcase the lifestyles and personalities of the sport of lacrosse through articles, videos and podcasts.

Click to comment
0 0 vote
Article Rating
Subscribe
Notify of
0 Comments
Inline Feedbacks
View all comments

More in News

0
Would love your thoughts, please comment.x
()
x