B1G and Private Equity

[AZ Hoosier]

Two pieces today. Read and form your own opinion... not sure I'm a fan, given the risk. Discuss.

https://www.espn.com/espn/story/_/id/46552768/conference-private-equity-risks

https://www.espn.com/college-sports/story/_/id/46553869/big-ten-closes-private-equity-agreement-vote-per-sources

[Pagoda]

For me, without seeing the terms of the deal, I just don’t have much of an opinion.

My gut is the B1G isn’t dumb and the terms will be okay or even favorable to the conference.  If this deal sucked OSU and Michigan would likely have squashed it.  I’m also pretty sure the B1G will not lose control of anything per Petitti’s comments.

My guess is we’ll see around $100M come into each school and future rights distributions to the schools will be a little lower as some of that goes now goes to investors.  Frankly what may matter most is how well IU spends the money we are about to get.

College sports is already big business so in my opinion this doesn’t change the nature of anything.

[Stuhoo]

22 minutes ago, Hardwood83 said:

According to the first 10mins of this video by 'Locked on Big 10' the momentum for this PE plan has slowed down due to USC & MIchigan's skepticism. He thinks one of the aspects would be "underperforming" schools could be evicted. He mentioned Purdue, Northwestern & Rutgers. 

EVICT PURDOOOOOOOO!! Yessss

Trade them to the MAC for Kent State.

[Scotty R]

3 hours ago, Hardwood83 said:

According to the first 10mins of this video by 'Locked on Big 10' the momentum for this PE plan has slowed down due to USC & MIchigan's skepticism. He thinks one of the aspects would be "underperforming" schools could be evicted. He mentioned Purdue, Northwestern & Rutgers. 

I assume this was a because of football because Purdue is a top program on basketball so it wouldn't make sense to kick them out of the big ten

[Hoosierfan2017]

Private equity makes everything it touches worse. Hope it stays far away from the Big Ten. 

[jermhoosierfan]

11 hours ago, Hoosierfan2017 said:

Private equity makes everything it touches worse. Hope it stays far away from the Big Ten. 

I know they all see $$$, but if the equity firms aren't happy with the return on investments, they would more than likely want changes made.

[IndyHoosier1997]

As someone employed at a company who’s owned by PE, please no.