Maryland Announces Move to Big Ten Conference

Maryland’s athletic department was $21 million in the red last year


Maryland’s athletic department is broke.

That’s why the school made the decision to jump from the ACC to the Big Ten. They wanted to balance their budget, to stop operating in the red and to reinstate the seven sports that were cut back in 2012.

As Maryland President Wallace Loh told last November, “by being members of the Big Ten Conference, we will be able to ensure the financial sustainability of Maryland athletics for decades to come.”

The plateau of financial sustainability may take longer to reach than originally expected, however.

According to a report released by the University, Maryland’s athletic department operated at a deficit of $21 million last academic year. Here’s Alex Prewitt of the Washington Post on the issue:

The commission found that the Maryland athletic department operated at a deficit of more than $21 million for the past academic year because of two reasons: “past financial decisions” that led to continuing debt and the ACC’s withholding of roughly $15 million in revenue. The conference began withholding the revenue last year as part of its efforts to collect a $52 million exit fee from the school, which maintains that the fee is illegal.

According to the report, the university has loaned the athletic department — which has a goal of being self-sufficient — upwards of $21 million to overcome the deficit, with additional loans of $20 million potentially required if the ACC continues to withhold revenue.

Even with the additional Big Ten money, Maryland’s athletic department isn’t projected to operate at a surplus until 2017-2018, and thanks to the debt they will have to repay to the University, the school won’t be spending the amount per athlete that the rest of the Big Ten does until 2025.

Nevada coach to honor his father, Flip Saunders with unique warmup routine

Leave a comment

Nevada will be honoring Flip Saunders and Bill Musselman with a pregame warm-up routine they’ve been practicing for the past couple of weeks.

Bill is the father of Eric Musselman, Nevada’s head coach. He was coaching the Minnesota Golden Gophers that included Flip as a player when they used this warmup routine in the 1970s.

“We start almost every practice with this pregame routine,” Eric Musselman said. “It takes some time to get it down and we will perform it live for the first time before the Portland State home game at Lawlor Events Center on Nov. 25.”

The routine, which Eric found in a diagram after his father passed away, is similar to something you’d see the Harlem Globetrotters do.

CBT PODCAST: Indiana, UCLA, Ben Simmons and Thanksgiving sides

Ben Simmons
Leave a comment

New podcast!

In today’s episode, we talk quite a bit about Ben Simmons. How good of a prospect is he? Why do people insist on calling him overrated? Does LSU actually have a shot at missing the NCAA tournament?

[MORE: Why scouts are down on Simmons]

[MORE: Will Simmons be relevant in March?]

We also talk about Indiana’s disappointing showing in Maui, just how good Vanderbilt and Kansas have looked, Marquette’s ability to bounce back and whether or not we should be concerned about North Carolina and Maryland.

Oh, and Thanksgiving sides.

Do people really call stuffing ‘dressing’?

As always, you can subscribe to the podcast in iTunes right here.