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[QUOTE="HtownOrange, post: 5528541, member: 622"]
To be clear, most of the B1G schools cannot succeed well enough with what they presently earn, so they will mortgage future earnings for a one shot cash infusion.  These same schools are not managing what they presently have and everyone expects them to manage the cash infusion properly?  Shouldn’t they manage their resources properly before giving them money to spend like a drunk sailor on shore for the first time in months?

Then, they pay back the infusion with an ownership stake, which means they earn less for two decades than they would earn without the cash infusion.  They can just as easily hire consultants for a fraction of the cost and make more money over time than it will cost them to pay back the cash infusion.

The B1G must believe that the one time infusion will permanently bury the other conferences.  This sounds like a the BoTs, presidents/chancellors, and Athletic Directors are breaching their fiduciary duties on bad bet.

Has Maryland or Rutgers proven they can manage money!  Does UM, tOSU, PSU, UNL, and Wiscy need a cash infusion?  This is more of a payday loan than a serious investment.

Even then, the investors will only receive a 4% ROI on the investment for 20 years.  They will not beat the market, they may not beat inflation.  Sure, they will have a stake in the B1G but will it be worth that much more in 20 years?

Any tax accountants want to weigh in?  Any finance guys want to run the real numbers?  Any investors willing to jump on this?
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