Maryland's financial woes not going away
Wed Aug 14, 2013
Maryland's financial issues aren't going away any time soon, and the move to the Big Ten hardly will be an immediate panacea. Maryland on Tuesday released a report on their integration to the Big Ten. It states that the athletic program won't be on solid financial footing until the 2017-18 academic year. Maryland athletics operated at a $21 million deficit in the past year, a shortfall that can be attributed largely to the revenue the ACC is withholding as part of its plan to collect a $52 million exit fee from Maryland.
Share: Facebook | Twitter | Email
Related: Other News
Recent ACC & NCAA News:Clemson's Mike Williams returns from a neck injury, is ready for his turn in the spotlightMonday August 29, 2016Football clinics for women draw conflicting opinionsMonday August 29, 2016Cheating For Dummies 2: Your updated guide to smarter NCAA rule-breaking, student-athlete editionMonday August 29, 2016Big 12 football power rankingsMonday August 29, 2016Buying his dying friend's boat helped Ruffin McNeill navigate through tough watersSunday August 28, 2016