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Georgia Bulldogs And Clemson Tigers Raise Cancellation Fees On 2013-14 series

The Georgia Bulldogs and the Clemson Tigers have agreed to increase the cancellation fee for their upcoming scheduled football games in 2013 and 2014 as both schools look to uphold their obligations for an intriguing non-conference home-and-home matchup.

The initial cancellation fee was set at $500,000 during the original agreement but both sides agreed to raise the fee to $3 million if either school decided to escape out of the game. Both games in 2013 and 2014 will serve as the season opener's in Athens and Clemson.

Terry Don Phillips, the athletic director for the Clemson Tigers, wrote a letter to Georgia Bulldogs athletic director Greg McGarity on April 17th amending the current proposal:

"Despite conference realignment and the expected increase in conference games required by the Atlantic Coast Conference, we are both committed to maintaining the football series between Clemson Universiy and the University of Georgia to play football in 2013 and 2014. To further solidify that commitment and protect either institution from the loss of revenue should either game within that series be cancelled without mutal consent, we have agreed to amend section 15 of the contract agreement and set the cancellation fee at $3,000,000."

For more on Georgia Football check out Dawg Sports. For more college football news and notes head over to SB Nation's College Football page.

Photographs by coka_koehler used in background montage under Creative Commons. Thank you.