Larry Dick, a business administration major at the University of Maryland, made a business decision based on the newly shortened National Football League training season and joined the Saskatchewan Roughriders of the Canadian Football League yesterday.

The quarterback, who won two bowl games in his only two full seasons with the Terrapins, also was influenced by the fact that the present Roughriders' quarterback, Ronnie Lancaster, is 39 years old.

"I was contracted by about three quarters of the NFL clubs, "Dick said on the telephone fron Regina. "Some said I would do well in the upcoming draft but somewere not so sure.

"The Packers worked out Mark manges (his rival quarterback at Maryland) and myself on campus and the Jets had me up for a physical examination. Denver was going to work me out.

"mark has decided to wait on the NFL draft but I was afraid I might end up with a club that already had three or four quarterbacks and might have to complete with several for a No. 3 job. I would get only a quarter to show what I could do and there will be only four exhibition games in the NFL this season with the new 16 game regular season schedule.

"That's going to cut tie off a rookie's chances. They tell me up here it won't be long before I get to start, if I win the No. 2 job. Money was not my woory; I would have played for the base salary in the NFL if I could have had such an opportunity."

"It was no big dream of mine to play for them," he said. "It was just that I thought I would have a better chance by going with a team I thought would know the most about me, from playing near Washington.

"Coach (Jim) Eddy here turned out to know more about me than any of the NFl clubs I was contacted by. He telephoned me and then visited College Park to sign me two weeks ago. I was asked not to discuss my contract but I say I won't be hungry for the next few years."

Dick reported that former Maryland wide receiver Frank Russell recently signed with Saskatchewan.

Russell was a 17th-round draft pick by the Baltimore Colts for 1975 after breaking Gary Collins' record at maryland with 100 career receptions for 1,346 yards. Russell missed out with the Colts and went with Portland of the World Football League the same season and was with the Jets last season.

Terry Metcalf of the St. Louis Cardinals and defensive tackle Don Reese of the Miami Dolphins have signed with the Toronto Argonauts. Quartback Warren Moon, who led the University of Washington upset of Michitgan in the Rose Bowl, said yesterday he is considering an offer from the Edmonton Eskimos.

Dick was concerned that pro clubs might not know much about him because he missed two seasons at Maryland, 1974 as a redshirt and 1976 because of an elbow injury.

He is 23 6-foot-2 and 200 pounds; a drop-back passer with a strong arm. After a record of 29-0-1 as a starter at Parkdale High in Riverdale, Dick excelled as a sophomore at Maryland by leading a 13-0 Gator Bowl victory over Florida. He completed 90 of 158 pases that season for a 57 pervent average, with only two interceptions.

After replacing the injured Manges in 1977, Dick hit on 83 of 131 passes for a 62 percent average, but had 12 interceptions. He played with a hip pointer after the fifth game.

Behind him, the Terrapins defeated Minnesota, 17-7, in the Hall of Fame Bowl, completing 12 of 20 passes for 211 yards.