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Big Ten Confirms It Is Evaluating Private-Equity Investment to Bolster Member Resources

Petitti says the review aims to properly resource schools under the post-settlement revenue-sharing model.

Overview

  • Speaking at Big Ten men's basketball media day, Commissioner Tony Petitti said a strategic investment is under consideration and any decision will be made by all 18 member leaders.
  • ESPN has reported a potential cash infusion of about $2 billion tied to a proposal that could create a 'Big Ten Enterprises' entity and extend the grant of rights to 2046, though no deal is approved.
  • Petitti said the conference will honor existing media-rights agreements during any exploration, while analysts question whether a $2 billion payout offers only a short-term boost.
  • Sen. Maria Cantwell criticized the idea of private equity in college sports, warning it risks monetizing what she called a public resource.
  • Petitti reaffirmed support for the House-backed SCORE Act to protect the new system and urged patience with the College Sports Commission's NIL Go clearinghouse as reviews and processing improve.