Overview
- The proposal would create a new commercial arm, Big Ten Enterprises, to consolidate media rights, sponsorships and other revenue streams.
- Reporting places the potential funding at at least $2 billion with a proposed 10-year grant-of-rights extension through 2046.
- Annual distributions would be divided into 20 shares for the 18 schools, the conference and an investor, with tiered, nine-figure upfront payments to every member.
- An outside investor would take a small financial stake in the new entity without operational control over traditional conference functions.
- Michigan regent Jordan Acker has publicly opposed the concept, while Ohio State and Michigan remain in discussions as multiple firms are evaluated and no vote is scheduled.