I find this to be total garbage on both fronts. First, student petitions should go in the trash for stuff like this. The next thing we will have to do is rename the Washington Monument and the Jefferson Memorial. They owned slaves folks. Not pretty. Get over it. Where is it going to stop?
But in reality this is a total head fake for financial purposes. UMD gets a big hug and kiss from the PC crowd in exchange for an agreement for there to be no student sit ins at Walley Loh's comfortable office (I think he's over $1M per year - who would want to risk that?). Then, "Maryland Stadium" will without a doubt be renamed in the next 2-3 years in an agreement with a sponsor and Walley (and the "beloved" KA) gets credit for shoring up UMD finances. Look, we all probably want the place to be UA Stadium - and it was going to happen at some point anyway. But Walley gets the credit for being the great peacemaker while everybody bashes Byrd for being a man who wasnt a whole lot different than others of his time - and must have done some great things for the school.
I am not even a huge UMD fan. But you have to see this for what it is. It's a way to get a stadium previously named in honor (read: free) replaced with one that is going to produce revenue.