Because they would be leaving as a bloc, there would be no exit fee penalty.
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The issue over whether the exit fee was punitive in nature was never a point of contention.
Only two schools voted against the new exit fee: Maryland and Florida State.
FORBES: Maryland's Exit Fee Could Decide The Future Of The ACC
Of key importance is that Maryland (the party claiming the exit fee is a penalty) has the burden of proving same.
With funds dwindling, I realized I had miscalculated the cost of my lodging, and forgotten about the exit fee at the airport.
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When the ACC voted on the exit fee being three times the annual budget, did the ACC have a valid reason for choosing this figure?
Not many shopping malls can charge customers an exit fee (departure charge), a parking fee, and even charge taxis and buses to bring people to and from the premises.
Should Maryland successfully negotiate the exit fee down to a readily affordable amount, the conference can be sure that more schools will begin testing the waters of conference realignment.
FORBES: Maryland's Exit Fee Could Decide The Future Of The ACC
The school will state that the exit fee of three times the annual budget is arbitrary and has no rational tie to the amount of damages the ACC will suffer.
The ACC claims that the exit fee is necessary to provide some financial protection against potential damages and losses for members of the ACC that remain after a withdrawal by another member.
Realignment talk is an especially speculative endeavor at this point in the year, but ACC schools will have to consider their options next offseason if Maryland is allowed to leave with an affordable exit fee.
FORBES: Maryland's Exit Fee Could Decide The Future Of The ACC
In early September, 2012, the Council of Presidents of the ACC member institutions voted in favor of provisions requiring payment of an exit fee by member schools wishing to withdraw from the Conference, which was effective immediately upon the vote in affirmation by the presidents.
However, the main issue that will need to be resolved in the case between the ACC and Maryland is as follows: at the time the exit fee provision was created, was its primary purpose to penalize a school considering withdrawing from the Conference, or was the exit fee meant to compensate and redress the injury to the ACC?
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