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Washington Redskins, Frostburg State University Announce Settlement

The Washington Redskins ("Redskins") and Frostburg State University ("Frostburg State") announced today that they have amicably resolved Frostburg State's claim that the Redskins breached a contract with Frostburg as a result of moving the 2000 football season training camp to the Redskins Park facility in Ashburn, Virginia. The Redskins will pay the University $750,000 in full settlement to the University. The full amount is to be paid in a lump sum, providing the University with the use of these funds over the remaining five year term. The University values this as the equivalent of approximately $1,000,000 received over the remaining term of the contract.

"We are very pleased to have resolved this matter amicably," said Redskins spokesman Karl Swanson. "Our move of the training camp to Ashburn was based on a desire to utilize our own facilities and for the convenience of the players and coaches, as well as out of a desire to enhance fan access to the team and to training camp. We have never expressed any dissatisfaction with Frostburg State University or the town of Frostburg."

The payment to the University reflected not only actual contract damages (for example, lost rent of approximately $25,000 per year and the loss of opportunities to make concession sales), but also the loss of certain intangible benefits gained by the University from its highly publicized association with the Redskins. The amount represents, in the view of both parties, a fair and equitable resolution of this matter.

"We are glad that the Redskins were willing to reach an amicable settlement that recognized all the benefits we counted on from the Redskins training camp," said Catherine Gira, president of Frostburg State. "This settlement allows us to put this matter behind us and let bygones be bygones."

Terms of the settlement, other than the payment by the Redskins, were not otherwise disclosed.

For further information on this release, contact:

Office of News and Media Services
Frostburg State University
101 Braddock Road
Frostburg, MD  21532-2303

Telephone: 301-687-3171
Fax: 301-687-7589