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Big Ten Discussing $2 Billion Private Capital Deal
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[QUOTE="HRE Otto IV, post: 5520492, member: 5685"] I interpreted it that the investor/s will get 1/20th of the B1G yearly payouts, with a 20 year guarantee as a minimum commitment (I guess that ends any Super League talk for awhile). How much does the B1G distribute? About $1.5B a year? So the investor will get close to $75M a year. But it sounds like Ohio State and Michigan do not want to tie themselves in for that long and/or do not want even distribution/shares. I believe that the $2B is a one time payment that will be buy in and start up cash for the new BTE. After some of that money is taken up the rest goes to the B1G. Then the B1G wets their beak before distributing to the schools. The schools will likely take a piece of that for the general fund, before giving money to the AD. Who will use some of that money for facilities and other sports. By the time it trickles down to the FB team it isn't much money, and is only a one time influx. Maybe that makes a difference for a season or two, but not long term. The BTE makes sense. It is a business venture. The schools and ADs are run by academics. They have no clue how to run a for profit enterprise. Now with the BTE they will have that expertise and be able to maximize revenue. Which means more $ per year, even with giving that 1/20th to the investor. [/QUOTE]
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Big Ten Discussing $2 Billion Private Capital Deal
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