Two major schools are reportedly considering leaving the Big Ten amid talks of potential investment.

The conference has undergone multiple notable changes over the years, adding several prominent schools since 2011, including Nebraska, Maryland, and Rutgers.

An expansion a few years ago saw it welcome Pac-12 institutions Oregon, Washington, USC, and UCLA. However, there’s now talk of a possible exit following news of plans to bring in investors.

It has been reported that the Big Ten is considering an investment from private equity, with a 20-year deal in the works.

The move would involve selling a stake in the new corporate entity to an outside investor, specifically the California Public Employees’ Retirement System (CalPERS), which would invest $2.4 billion.

Big Ten Sends Mandate To

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