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Old 11-19-2012, 09:04 AM   #5154
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http://espn.go.com/college-sports/st...en-sources-say
Quote:
The University of Maryland's Board of Regents on Monday voted unanimously to accept an invitation to join the Big Ten Conference and leave the Atlantic Coast Conference, sources told ESPN on Monday.

The board unanimously approved the move to the Big Ten, a regent told ESPN. An afternoon announcement is expected.

Sources also said that Rutgers is expected to follow the Terrapins and will announce its own move from the Big East to the Big Ten, possible as early as Tuesday. A Scarlet Knights move would give the Big Ten 14 members.

Rutgers' Board of Governors is holding a regularly schedule meeting Monday in New Brunswick, N.J.

When Maryland, a charter member of the ACC, will make the move to the Big Ten is unknown, but sources at the school believe the Terps will be able to negotiate the current $50 million exit fee from the ACC to a lower amount. The additions of Maryland and Rutgers would spur the Big Ten toward negotiations on a new media rights deal when its first-tier rights expire in 2017.

ESPN on Saturday first reported on the negotiations between Maryland and the Big Ten.

One stumbling block for Maryland was thought to be a financial one. Maryland's athletic department has recently dropped sports because of budget issues, and the ACC recently raised its exit fee to the aforementioned $50 million.
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