Posted 1 hour ago1 hr Moderator No. Sources: Big Ten discussing $2 billion private capital dealThe Big Ten is in talks about a private capital deal, which includes a 10-year grant of rights extension through '46, that would infuse at least $2 billion, sources told ESPN.ESPN.comSources: Big Ten mulling $2B private capital dealThe Big Ten is in talks about a private capital deal, which includes a 10-year grant of rights extension through 2046, that would infuse at least $2 billion into the league and its schools, sources toBig Ten’s Latest Bad Idea: Selling Its Future for Private CapitalTalks about a $2 billion capital deal have dragged for months and lacked unanimity, but Wednesday brought a new sign of progress.SIBig Ten’s Latest Bad Idea: Selling Its Future for Private...Talks about a $2 billion capital deal have dragged for months and lacked unanimity, but Wednesday brought a new sign of progress.
1 hour ago1 hr No. Is this money going to help the non revenue sports? Is it to offset the travel costs of the expanded map already in play or potentially when the league expands into the South with FSU, North Carolina, Virginia and Georgia Tech ? Why are Michigan and Ohio State potentially against this?
1 hour ago1 hr Moderator No. "If a private equity firm can create a win-win scenario where it invests, fine. But if not, it will create a win for itself first and foremost."'nough said.
18 minutes ago18 min Moderator No. 32 minutes ago, GatOrlando said:Is this money going to help the non revenue sports? Is it to offset the travel costs of the expanded map already in play or potentially when the league expands into the South with FSU, North Carolina, Virginia and Georgia Tech ? Why are Michigan and Ohio State potentially against this?$2 billion for media rights extension through 2046? For 100% of the media rights. Are the B1G media rights now pledged by all member schools through 2036, with the current media deal expiring in 2030?On the surface, the deal appears to be thin, no? Future media deal projections estimate each school receiving up to $100 million a year in revenue distributions beginning in 2031. If the new deal runs through 2036, that's $600 million a member, $10.8 billion total. But, wait a minute ...As Pete Thamel's article on ESPN notes, the equity share payment to each member would be tiered; Northwestern would not receive the same share as Ohio State. And the entity infusing the capital would own 5%, one twentieth, of Big Ten Enterprises. The conference would remain in control of its business affairs.Now, the potential deal makes more sense. I trust Petitti and the Big Ten's investment bankers not to get taken advantage of. So-called 'Expert Journalists,' excluding Pete Thamel, whose article is explanatory rather than critical, opining that this is another bad idea from the B1G, are again clueless. (We will see an AQ PO format and PO expansion, probably sooner than later.)Tony Petitti's goal is to keep the Big Ten together as a holistic enterprise; no need to form a Super Conference. No need to leave any program behind, while also taking into consideration that not all members, when it comes to the bottom line, are equal. Coming from a media background, another likely goal of Petitti is to own and control Big Ten broadcasts, including when football games kick off.The B1G and other big-time college sports conferences and teams will continue to seek out new revenue sources. As the conference with the most revenue, the B1G is in the driver's seat.
15 minutes ago15 min No. AAaaannddd there it is. As soon as college football became NFL-lite "money" ideas started to be put into play by Non-football entities. Always, always seems, looks, feels positive and a greAt idea (sold to us that way), and sometimes it can be, but as Steven A pointed out that when the "profits" hit the bottom line the ONLY concern a "private equity" firm has is for themselves and their Largest investors. Maybe the B1G should have a "chat" with struggling Las Vegas and how their "partnerships" with the "private equity" firms have worked out for them so far.Lord please let the Ducks win the "Natty" before too much of what we love About this sport, that we enjoy and follow so adamantly; gets morphed into simply another "product" to mold, control, manipulate, and bullrushed into squeezing every last penny of profit out of it by people who give an absolute rat'butt about the product that they squeeze the life out of.Hope they know what can-O-worms they are opening and how the echos of the consequence's will become permanent and irreversible to the NFL-lite landscape. Be careful for what you wish for.Monkeypaw energy with this announcement.Go Ducks.
5 minutes ago5 min No. I’m not going to dig too much into anything I have zero control over such as how my entertainment is funded.That being said, agreeing to anything that goes until 2046 seems completely insane on the surface imo. If you want an example, just look at how bad the ACC current grant of rights deal looks right now…and it still has 11 years to go. Edited 3 minutes ago3 min by JabbaNoBargain
1 minute ago1 min Moderator No. Beware of wolves in sheep’s clothing. Let’s see…Private equity looks at ways they can improve the BIG 10, all you have to do is sell us equity rights, in something that is very hard to value. The problem is that each University brings a different valuation to the table. Therefore, you immediately set up an argument over proper valuation, and distribution. Absolutely no way this goes smoothly.
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