Sports

Michigan and Ohio State Join Hands to Reject Big Ten’s $2B Proposal

Michigan and Ohio State Join Hands to Reject Big Ten’s $2B Proposal

The College Football landscape is always changing; the NIL and the transfer portal have changed it entirely. Quite recently, the shakeups initiated by the House vs. NCAA settlement are in course, and the teams are looking for more ways to generate revenue. One such idea was to explore private equity investment in different conferences, something Big 12 commissioner Brett Yormark emphasized months ago. But now, the Big 10 has joined suit with Brett Yormark and is currently on course to chart a $2 billion deal through private capital investments. Except that the Big 10’s two blueblood rivals, Ohio State and Michigan, are becoming a roadblock.
“The Big Ten has been in discussion for months with several private capital firms to infuse upwards of $2 billion into its schools…This is far from finalized and might not reach the finish line. At least two schools – Ohio State and Michigan – are, for a variety of reasons, pushing back against the proposal that Big Ten commissioner Tony Petitti has been socializing since the spring,” reported Ross Dellenger of Yahoo Sports on X.