Overview
- Regent Jordan Acker said Michigan would consider going independent in football after the current grant of rights expires in 2036 if the capital deal proceeds without unanimous approval.
- The proposal under discussion would bring a $2.4 billion infusion from UC Investments and launch a new commercial arm called Big Ten Enterprises.
- Reporting indicates the plan contemplates selling roughly a 10% stake in the conference’s new entity to the University of California’s investment arm.
- The deal would extend the Big Ten’s grant of rights to 2046 and includes nine-figure upfront payments to members, with some topping $150 million.
- Michigan and USC remain opposed over governance and equity concerns, and UC Investments said it wants support from all 18 schools before moving forward.