Thursday, December 6, 2012
Loh will ask the 22-member commission to submit a report on the eliminated teams, The Washington Post reports.
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.”
Wednesday, December 5, 2012
The CIC, founded in 1958, is widely regarded as one of the best established and most effective academic collaboratives in the country.
Wednesday, December 5, 2012
By DAVID GUTMAN Capital News Service Before the University of Maryland joins the Big Ten in 2014, it will join the Committee on Institutional Cooperation (CIC), an academic alliance of Big Ten schools and the University of Chicago that pools resources for research, course offerings, library holdings and purchasing power. While no one is arguing that membership in the CIC was the primary motivation behind Maryland’s conference swap, it played “an essential and significant role,” in the decision, said Brian Ullmann, Maryland’s assistant vice president for communications and marketing. The CIC, founded in 1958, is widely regarded as one of the best established and most effective academic collaboratives in the country. “In the Big Ten, all …
Tuesday, November 27, 2012
The Atlantic Coast Conference sued the University of Maryland in a North Carolina court Monday, according to media reports.
To ensure the Terps will pay their $50 million exit fee when they leave the Atlantic Coast Conference (ACC) in two years to join the Big Ten conference, the ACC sued the University of Maryland Monday in a North Carolina court, according to media reports. "We continue to extend our best wishes to the University of Maryland; however, there is the expectation that Maryland will fulfill its exit fee obligation," Commissioner John Swofford said in a statement, according to USA Today. "On Friday, the ACC Council of Presidents made the unanimous decision to file legal action to ensure the enforcement of this obligation." President Wallace Loh said he didn't believe the exit fee would hold up in court, according to USA Today. Maryland announced it…
Friday, November 23, 2012
The controversial decision to move the University of Maryland to the Big Ten was met with mixed reactions.
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Friday, November 23, 2012
Monday, November 19, 2012
Maryland will become part of the Committee on Institutional Cooperation.
Joining the Big Ten Conference was not only an athletic decision, but also an academic one, according to University of Maryland President Wallace D. Loh. By becoming part of the Big Ten, the university will be part of the Committee on Institutional Cooperation, a consortium of universities that share academic resources and research. The financial gains from joining the Big Ten will be used to earmark substantial funds for students in need, not just student athletes, according to Loh. This marks a new financial paradigm for intercollegiate athletics where the athletics help support university, Loh said. "That's paramount in these tight times," he said. The money will also make sure Maryland is competitive not only in the Big Ten, but …
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 on …