Astounding the businification of all sports. And maybe more.This same "business-plan" likely will be used to legitimize most all of what used to be under-the-table bribery.A very good site (that cheerleads) to view this... threat?
KICK-OFF
Private Equity is Coming to College Sports
Private equity investments are coming to college sports – it’s only a matter of time. The Big 12 is reportedly considering a deal with Luxembourg-based private equity firm CVC Capital Partners, which would see a 15%-20% stake in the league sell for up to $1 Billion.
This isn’t the first time private equity has been floated in the college sports world. In 2018 the Pac-12 tried to secure a private equity investment, but nothing came of the effort. If the Big 12 were to make a move in the private equity space, it would be the first of its kind.
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