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Big Ten Reportedly Has Private $2B Deal on Table; Michigan Regent Urges School to Say No
The Big Ten aims to secure financial stability and counter super league threats by creating Big Ten Enterprises with a $2 billion capital infusion and a 10-year rights extension.
- The Big Ten is discussing a private capital deal that could infuse at least $2 billion into the league and its 18 member schools, according to ESPN.
- A spokesperson for the Big Ten stated that the membership has clearly expressed the need to modernize the operations and structure of the conference to ensure that the Big Ten remains best positioned to offer the highest level of athletic and academic excellence in a rapidly evolving landscape.
- Schools in the Big Ten are dealing with financial pressures, including $20.5 million in settlement costs to athletes, making a private capital infusion attractive, sources told ESPN.
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Total News Sources11
Leaning Left2Leaning Right0Center5Last UpdatedBias Distribution71% Center
Bias Distribution
- 71% of the sources are Center
71% Center
L 29%
C 71%
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