ACC received applications, buyout increased exponentially $20 million to leave.

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Crimson Red Sports > Around Campus > The Quad > ACC received applications, buyout increased exponentially $20 million to leave.

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Topic: ACC received applications, buyout increased exponentially $20 million to leave. (Read 1027 times)

Coach Hank Crisp

Coach Frank Thomas

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ACC received applications, buyout increased exponentially $20 million to leave.

« on: September 17, 2011, 08:58:10 AM »

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Pitt and Syracuse have submitted formal applications to join the ACC, and the league has heard from at least 10 schools about possible membership, according to a high-ranking ACC official. University presidents have unanimously approved to increase the buyout for ACC schools to leave the conference to $20 million.

“We have been contacted by at least 10 schools in this fluid landscape,” the source said. “We have received letters of application from Pitt and Syracuse.”

I guess they increased the buyout to keep teams from going to SEC. One year in SEC is more than $20 million....