Big Ten Considers $2.4 Billion Private Equity Deal Amid Academic Concerns
The Big Ten's proposed $2 billion private capital deal faces skepticism from Michigan and USC trustees, who question its focus on short-term funding and its impact on university assets amid uncertain future legislation. Despite opposition from two major schools, negotiations continue, aiming to provide significant funding to member schools and extend league stability through 2046, with the deal involving the creation of Big Ten Enterprises and a stake for the UC pension fund.