The Big Ten is closing in on voting on a private capital agreement that will infuse league schools with more than $2 billion, industry sources told ESPN.

There's been momentum within recent days for the deal to push forward, and the structure of the complicated agreement is coming together. A vote is expected in the near future, per sources.

The framework calls for the formation of a new entity, Big Ten Enterprises, which would hold all leaguewide media rights and sponsorship contracts.

Shares of ownership in Big Ten Enterprises would fall to the league's 18 schools, the conference office and the capital group -- an investment fund that's tied to the University of California pension system. Yahoo Sports first reported the involvement of the UC investment fund.

The pension fund is not a

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