COLLEGE PARK, Md. – Choosing to look toward the future rather than honor the past, Maryland joined the Big Ten on Monday, bolting from the Atlantic Coast Conference in a move driven by the school's budget woes.
Maryland was a charter member of the ACC, which was founded in 1953. Tradition and history, however, were not as important to school President Wallace D. Loh as the opportunity to be linked with the prosperous Big Ten.
"By being a member of the Big Ten Conference, we are able to ensure financial stability for Maryland athletics for decades to come," Loh said, speaking at a news conference with Big Ten Commissioner Jim Delany and Athletic Director Kevin Anderson.
Loh and other school officials involved in the decision decided that the potential money to be made in the Big Ten was more significant than the $50 million exit fee and the tradition associated with belonging to the same conference for 59 years.
"I am very aware that for many of our Terps fans and alumni, their reaction is stunned and disappointed. But we will always cherish the memories, the rivalries, the tradition of the ACC," Loh said. "For those alumni and Terp fans, I will now say this: I made this decision as best as I could. ... to do what is best for the University of Maryland for the long haul."
Maryland eliminated seven sports programs earlier this year, and Loh said the shift to the Big Ten could provide enough of a windfall to restore some of those sports.
Delany said Maryland's entry was approved unanimously by the conference's 12 presidents.
"Quite honestly, they were giddy," Delany said. "Maybe some people Fear the Turtle. We embrace the Turtle."
Maryland will become the southernmost member of the Big Ten member starting, in July 2014. Rutgers is expected to follow suit by today, splitting from the Big East and making it an even 14 schools in the Big Ten, though Delany would not confirm that.
But he had no problem explaining why the Big Ten would be interested in stretching its boundaries from the Midwest.
"We realize that all of the major conferences are slightly outside of their footprint," Delany said. "We believe that the association is one that will benefit both of us."