Big 12 considering private equity investment of up to $1 billion for as much as 20% of conference | Page 2 | The Platinum Board

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

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

Yup, what will happen here is the PE firm will come in and leverage the conference to the tits, unveil a bunch of flashy bullshit that costs a stupid amount of money funded by said debt. PE exits at the top without lowering any of the leverage and the conference/schools are left holding the bag.
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The ADs shouldn’t be tax exempt to begin with.

I have an idea. Let’s skip the PE and go straight to IPO. Many fans would jump at being able to own part of DONU athletics.

And this would create many jobs in accounting and financial reporting, and most importantly create many new corporate tax departments.

Win win win.
 
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