Big Ten member schools are nearing a vote on whether to accept an investment agreement that could put more than $2 billion into the conference, multiple media outlets reported Friday.

However, the deal is still yet from certain, reportedly because of the uniqueness of the scenario and the complexities of putting it all together.

The agreement being considered is with a private investment company that manages the pension portfolio of the University of California system. According to Yahoo Sports, the company -- UC Investments -- is valued at $190 billion and manages the endowment and retirement savings of the 10 schools in the UC system. The fund is independent from the UC schools, whose biggest football programs are UCLA and Cal.

But Front Office Sports reported Friday that some Big Ten

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