Thursday, December 13, 2012

Terps: Show Me The Money!

The Washington Post ran a big story yesterday about Maryland’s move to the Big 10 and how the deal was made:

Neither Maryland nor the Big Ten would provide specifics of the deal. Sports Illustrated reported the Big Ten projects Maryland would make $32 million in 2014-15, a huge increase from the $20 million the ACC is projected to pay out that year.

The Big Ten’s pitch also includes a huge bump in revenue when the conference renegotiates its television deal in 2017, projecting a $43 million payout for Maryland that year, an enormous gap over the $24 million the ACC projects. A person with knowledge of the deal confirmed those were the figures Delany pitched to Loh.

So the two sides left the Willard with significant progress, but without a deal, and without a timetable. And Loh still had one problem: Pacifying a sure-to-be-upset fan base if, in fact, he took the Terrapins to the Big Ten.

To read more, click here.

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