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US: Maryland AG files antitrust suit against sports league’s $52.3M exit fee

By  |  January 21, 2013

Maryland’s Attorney General has filed a case against the Atlantic Coast Conference, a collegiate sports league, claiming the ACC’s exit fee is a violation of the nation’s antitrust law. AG Douglas F. Gansler has filed the action on behalf of Maryland’s Board of Regents. The ACC added Notre Dame in September 2012 as a partial member of the league, simultaneously voting to increase the exit fee to $52.3 million – a fee Maryland was charged when it decided to leave the ACC and join the Big Ten Conference in 2014. In a statement, AG Gansler called the exit fee “an antitrust violation and an illegal penalty.” AG Gansler also filed a motion to move the ACC’s legal action against Maryland from North Carolina to a Maryland court.

 

Full Content: CBS Sports

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