Multiple media outlets are reporting this morning that the ACC presidents have voted to add Louisville in 2014 to replace outgoing Maryland. As the sixth school to leave the Big East for the ACC, the Cardinals stand to offer some pretty immediate upgrades over the Terrapins from both a football and basketball perspective.

When Louisville joins the ACC, they will likely have the largest athletics budget of the conference. From ESPN:

Louisville also has managed to maintain one of the nation's top athletic budgets, despite receiving only $3.2 million annually from the Big East's current media rights deal. The Cardinals' current budget ranks higher than any current ACC member.

In 2011-12, the latest date available from the Office of Postsecondary Education's Equity in Athletics, Louisville had a budget of $84.4 million. The ACC's highest budget was Florida State ($81.4 million), while Maryland's budget was only $57.5 million.

Virginia has not played Louisville in football since 1989, when the Hoos escaped with a 16-15 victory, in the tail end of a home-and-home, the only two times the teams have ever met. The Cavaliers lost in 1988, 30-28.

In men's basketball, Virginia holds a 5-3 all time series lead, though the teams have not met since 1990, when Virginia lost to No. 18 Louisville, 72-56. Louisville has won the last two meetings. In women's basketball, the Hoos won the only meeting ever between the teams, 74-60 in 1985.

UVA field hockey has a 3-1 all-time record over Louisville, including a 4-2 victory in 2008.

UVA men's Tennis is 1-0 all time against the Cardinals, volleyball is 0-3 all time, and softball is 2-3 all time.

Louisville does not have a men's lacrosse or wrestling program, and the two teams have never played each other in baseball, men's soccer, women's lacrosse, women's soccer or women's tennis.