Thursday, December 6, 2012
Loh will ask the 22-member commission to submit a report on the eliminated teams.
University of Maryland President Wallace D. Loh will reevaluate the seven varsity sports teams that were eliminated over the summer due to financial troubles in the athletics department,according to a Washington Post story. Loh formed a 22-member commission to look at the viability of the teams. The commission will submit a report by June 20, 2013. According to The Washington Post story: The commission will review the athletic department’s finances and recommend which of sports should be reinstated, and on what timeline. Given the revenue anticipated from the Big Ten move, which becomes official on July 1, 2014, Loh asked the commission for a plan to ensure the department’s “financial health for at least the next two decades.”
Monday, November 19, 2012
Will you miss seeing the Terps in the ACC?
The University of Maryland’s Board of Regents on Monday approved a move to the Big Ten Conference, ending nearly 60 years of affiliation with the Atlantic Coast Conference, multiple sources reported. Rutgers is expected to announce Tuesday that it will join the Terps in the Big Ten, the New York Daily News reported. Maryland’s move is the latest in a flurry of conference realignment that has drastically altered the landscape of college athletics in recent years, often disrupting traditional regional rivalries as schools chase increasingly lucrative television contracts. Maryland’s move, which could carry a $50 million exit penalty from the ACC, is considered to be a financial strategy that will bring the school a share of the Big Ten’s …
The University's Board of Regents voted Monday to approve the move.
(Update, 11 a.m.) The University of Maryland's Board of Regents voted unanimously Monday morning to accept an invitation to join the Big Ten Conference and leave the Atlantic Coast Conference, ESPN reported. It's unclear when Maryland would make the move, but a buy out from the ACC could cost as much as $50 million, according to ESPN. (Original Post, 5:30 a.m.) As soon as Monday the University of Maryland could end its 60-year affiliation with the Atlantic Coast Conference and join the Big Ten, according to a Baltimore Sun article. The Board of Regents at the university will meet Monday to discuss the move, thought Baltimore Sun reported it wasn't clear whether the board vote was necessary or if Chanvellor William E. Kirwan could decide …