Revenue-sharing has brought on additional expenses that universities and athletic departments must account for.
ESPN reported that Big Ten and commissioner Tony Petitti are exploring a foray into private equity.
But is it worth it to piss off Congress if it means keeping the league together and the media rights deals?
ROSEMONT, Ill. – Speaking publicly for the first time since ESPN reported his conference is considering a potential private-equity partnership to infuse capital into its member athletic departments, Big Ten commissioner Tony Petitti confirmed the league is considering “strategic investment.”
While Petitti was predictably lean on details, he did acknowledge a private equity arrangement as one revenue source the conference is exploring.
“Whether or not we need a stra