College Park, MD-- Sometimes there is truth in rumors. And that may turn out to be the case for rumors that started over the weekend about the University of Maryland leaving the ACC for the Big Ten.
CBS Sports/ESPN.com's Brett McMurphy are reporting that on Monday morning, Maryland's Board of Regents held a vote to decide whether or not the school was going to apply for membership to the Big Ten Conference. McMurphy said the vote was unanimously in favor of making the move.
Atlantic Coast Conference Commissioner, John Swofford released this statement about the news: "Our best wishes are extended to all of the people associated with the University of Maryland. Since our inception, they have been an outstanding member of our conference and we are sorry to see them exit. For the past 60 years the Atlantic Coast Conference has exhibited leadership in academics and athletics. This is our foundation and we look forward to building on it as we move forward."
An official announcement is expected at 3 p.m. at the school's campus in College Park. The Big Ten must officially approve expansion with a vote from the presidents/chancellors of the current member schools, but it does not seem as though Maryland would be applying for membership if they did not think they would be accepted.
The first issue at hand will be the exit fee to leave the ACC. The increase approved by the conference in September (which Maryland, along with Florida State, voted against) raised the fee from $20 million to approximately $50 million.
According to the league, that increase went into place immediately and applied to all 14 all-sport members and Notre Dame.