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ACC sues Maryland over exit fee

Updated: November 27, 2012, 5:19 PM ET
Associated Press

GREENSBORO, N.C. -- The Atlantic Coast Conference has filed a lawsuit against Maryland seeking full payment of the approximately $53 million exit fee for the school's move to the Big Ten.

According to the 10-page lawsuit, the ACC said the school must pay $52,266,342, which is three times the league's annual operating budget for the 2012-13 season.

The Associated Press obtained a copy of the lawsuit filed Monday in Guilford County Superior Court, home to the league headquarters in ...

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