Big 12 Considering $1B in Private Equity

[AgronAlum]

This seems significant. Payment would go directly to the schools.

Big 12 considering private equity investment of up to $1 billion for as much as 20% of conference

The proposed deal with a Luxembourg-based firm would bring a massive influx of cash to the league

www.cbssports.com

 

[KnappShack]

It's time to disengage college sports from the school.

It's a business. Sell access to the IP and set up oversight to ensure the sports entity doesn't embarrass the school.

Then have the schools step aside. This is professional sports. Treat it that way.

 

[Cyclonepride]

Seems like a short term solution to NIL lawsuits that will lead to long term pain.

 

[NWICY]

I read that and I have no idea if it would be good or bad. But I agree with you it seems significant.

 

[NWICY]

It's time to disengage college sports from the school.

It's a business. Sell access to the IP and set up oversight to ensure the sports entity doesn't embarrass the school.

Then have the schools step aside. This is professional sports. Treat it that way.

Not disagreeing with you just sad at what it has become.

 

[AgronAlum]

I read that and I have no idea if it would be good or bad. But I agree with you it seems significant.

Not sure what to think either. Having a company that manages $200B owning 20% could help stabilize the league or they could be the downfall depending on their actual intentions.

 

[Al_4_State]

The SEC and Big 10 will eventually do the same. Money is God.

 

[BillBrasky4Cy]

Not sure what to think either. Having a company that manages $200B owning 20% could help stabilize the league or they could be the downfall depending on their actual intentions.

One also has to wonder how this would impact future realignment.

 

[Jer]

All conferences will do it. The question is are you looking for the long-term revenue or a short-term huge cash investment. In the end private equity companies make their money when they sell their shares/interest in the entity - or by capturing a percentage of the annual revenue. That means either somebody else has to pay an average of 20% more than the initial investment or the league would be buying it back - which would cost about 20% more than the initial cash infusion.

It's complicated and there are pros/cons just like everything else. There's no such thing as free money - with the exception of the media rights deals.

 

[spk123]

A very similar proposal (also including CVC) happened in German soccer this year. Fans were adamantly against it, to the point of purposely stopping/delaying games by throwing chocolate coins and tennis balls onto the field (among many other protests). Fan pressure eventually got the clubs/leagues to cave and not go through with it.

Bundesliga scraps €1bn private investment plans amid fan pressure - SportsPro

The league was prepared to sell an 8 per cent stake in its media rights business to private equity firm CVC Capital Partners.

www.sportspromedia.com

 

[AgronAlum]

One also has to wonder how this would impact future realignment.

Somewhere in the article it mentions that the Big 12 would have to keep the league intact if taking the investment but doesn't say anything about potential expansion.

 

[NWICY]

One also has to wonder how this would impact future realignment.

If it would stop the never ending realignment carousel it would be worth it. (Maybe)

 

[CoachHines3]

A very similar proposal (also including CVC) happened in German soccer this year. Fans were adamantly against it, to the point of purposely stopping/delaying games by throwing chocolate coins and tennis balls onto the field (among many other protests). Fan pressure eventually got the clubs/leagues to cave and not go through with it.

Bundesliga scraps €1bn private investment plans amid fan pressure - SportsPro

The league was prepared to sell an 8 per cent stake in its media rights business to private equity firm CVC Capital Partners.

www.sportspromedia.com

we could throw dildos on to the field

 

[cyputz]

At what point do the largest private equity firm become engaged in the business of college athletics - Blackstone or Apollo

 

[jctisu]

A very similar proposal (also including CVC) happened in German soccer this year. Fans were adamantly against it, to the point of purposely stopping/delaying games by throwing chocolate coins and tennis balls onto the field (among many other protests). Fan pressure eventually got the clubs/leagues to cave and not go through with it.

Bundesliga scraps €1bn private investment plans amid fan pressure - SportsPro

The league was prepared to sell an 8 per cent stake in its media rights business to private equity firm CVC Capital Partners.

www.sportspromedia.com

The European fan bases are the gold standard for stopping things like Super Leagues, private equity, etc.

 

[Trice]

It's time to disengage college sports from the school.

It's a business. Sell access to the IP and set up oversight to ensure the sports entity doesn't embarrass the school.

Then have the schools step aside. This is professional sports. Treat it that way.

Speaking of disengagement, college sports is getting easier to disengage from with each passing day.

 

[cycloneworld]

 

[CYphyllis]

Speaking of disengagement, college sports is getting easier to disengage from with each passing day.

See this sentiment constantly, yet it never seems to actually happen.

 

[ClubCy]

This seems potentially and eventually bad in my simple brain. Can anyone smarter than me explain how this could end up a good thing?

 

[ISU_Guy]

The SEC and Big 10 will eventually do the same. Money is God.

Yep, and they will probably get double to add to the already double TV contracts 10 years from now.

Maybe the B12 should just go Rouge.
Private investors, maybe get into business with some oil companies, Tesla, P0rnhub, onlyfans....lol Mexican Cartels, Saudi Princes. don't leave anything off the table.
Does Dubai University have a football team? (not Soccer)

Remember when we use to talk about having rivals, proximity, education and the importance of schools being an AAU member for realignment. This is all just trash and its crazy that we have thrown out all this history in less than 15 years.