ACC Sues University Of Maryland For Quitting Conference - Businessweek

ACC Sues University Of Maryland For Quitting Conference
COLLEGE PARK, MD - NOVEMBER 17: Quarterback Shawn Petty #31 of the Maryland Terrapins drops back to pass against the Florida State Seminoles during the first half at Byrd Stadium on November 17, 2012 in College Park, Maryland. (Photo by Rob Carr/Getty Images)
COLLEGE PARK, MD - NOVEMBER 17: Quarterback Shawn Petty #31 of the Maryland Terrapins drops back to pass against the Florida State Seminoles during the first half at Byrd Stadium on November 17, 2012 in College Park, Maryland. (Photo by Rob Carr/Getty Images)

The Atlantic Coast Conference sued the University of Maryland for $52.3 million in penalties after the school said its teams would leave to compete in the Big Ten, joining a recent rearrangement of collegiate sports leagues.

A member that withdraws from the conference is subject to a payment three times the organization's operating budget, the ACC said in a filing yesterday in superior court in North Carolina. The annual operating budget for the 2012-2013 year is $17.4 million, according to the complaint.

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