Local News: MD leaves the ACC

I don't claim to be an expert at anything.  I try to keep up with the times and AT LEAST know a little about everything.  I barely follow any sports.  In fact, the only time I watch any sports is when 1) the Olympics are on, 2) I get free tickets to a game or 3) husband takes control of the remote.  So when this whole hoopla over University of Maryland leaving the ACC to join the Big Ten...kinda wanted to know what this really meant.  After some googling, this is what I found:

FACT

1. Maryland was a founding member of the Atlantic Coast Conference since 1953.
2. Maryland stands to earn big money in TV revenue (MUCH more than in the ACC) since the Big Ten has one of the biggest TV contracts in college sports.  The big Ten said it paid approximately $23.7 million to each of its 12 schools last fiscal year and will renegotiate its TV deal in 2017.  The ACC just signed a new deal bringing approximately $15 million per school.
3. Maryland athletics has been operating in the red for many years and most recently eliminated 7 of its previouly 27 sports teams including men's tennis, women's water polo, men's and women's swimming, acrobatics and tumbling, men's cross country and men's indoor track and field.

REPRECUSSIONS?

1. Maryland is subject to a $50 million exit fee for leaving the ACC. WOWZA...that's a LOT of tuition money! Would that translate to increased tuition?
2. So UMD gets more money from TV revenue, but does this translate to more funds for the general student population or does it only feed into the already money-starved athletic department?
3. In terms of football it can help with attendence when hosting larger football programs such Penn State.  But since most of the Big 10 schools are in the Midwest, will they REALLY be willing to travel all the way to Maryland for games?
4. In terms of basketball, it would only HURT the UMD team.  NO MORE DUKE vs. UMD rivalry!  The sense of Tradition would be gone!

There you go, there's my take on the situation.  *Please take note, this was a lot of brain damage from me since I don't follow sports, didn't go to a big sports college (Go BIG RED), and I haven't even had my morning coffee yet.