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Joined: 11/28/2012
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Looks Like a Short Term Fix

This is all over YouTube. $1 Billion split by 16 is $62.5 Million each Big-12 school. The Big-12 front office will get a significant cut surely lessening that under $60 Million per school. That is just one good yearly pay day considering the soon to be projected yearly media payouts to the SEC & B1G. Will these CVC Capital Partners be ready to infuse more Billions into the Big-12 to accumulate more hunks of the Big-12 at a 15% - 20% a Billion? The Big-12 looks to be worth somewhere around $5 Billion to $6 Billion to the CVC Capital Partners. That would keep the Big-12 in high cotton alongside the SEC & B1G for 6 or 7 years into the future. Then CVC Capital Partners would totally own the Big-12. Would the Billion each year investments by CVC Capital Partners in the Big-12 continue thereafter? What would the incentive then be for CVC Capital Partners to continue investing Billions yearly into the Big-12? I see little incentive & you can bet the bank that CVC Capitol Partners will then be out to make big bucks. Not too interested in distributing money to the Big-12 members.
Posted: 06/13/2024 at 09:27 PM ET
(In response to this post by VintonHokies)

Thread Replies (19)

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PE wants up to a 20% ownership in the Big 12
VintonHokies 06/13/24 11:21 AM ET
Anytime private equity comes in, bankruptcy usually follows.**
tarheelblue 06/14/24 08:43 PM ET
The recent Red Lobster fiasco is a great example of why PE is a bad idea
HokieNoVA 06/14/24 10:25 AM ET
The “Good Hands” Conference**
Millpoint 06/14/24 05:05 AM ET
Looks Like a Short Term Fix
WarHog38 06/13/24 09:27 PM ET
Going to need a whole lot more.......
2hhoop3 06/13/24 06:17 PM ET
The P4 cant mess this up fast enough. Really bad idea among so many others
HboroughHokie 06/13/24 06:01 PM ET
When Texas and Oklahoma announced their departure, the B12
Big12 guy 06/13/24 03:41 PM ET
It’s good if you’re expecting the alignment bubble to crash in 6-8 years.
hokieZ71 06/13/24 05:44 PM ET
IF this deal goes through, I'd look for eventually bad and ugly. But
ancient alien 2018 06/13/24 04:29 PM ET
Ya, my knee jerk is this is NOT a good idea - but when I
Big12 guy 06/13/24 05:08 PM ET
Seems to me that would be a short-term financial windfall, but a long-term
wwhokie1 06/13/24 02:42 PM ET
There is no viable exit strategy for either party.
VT ChemE 1986 06/13/24 01:10 PM ET
Either the PE firm believes.......
2hhoop3 06/13/24 07:04 PM ET
Looks like Big 12 is also close to a deal with Allstate for naming
VintonHokies 06/13/24 02:39 PM ET
A few thoughts...
SMU Pony 06/13/24 09:56 PM ET
These are really good points.
RJHokie 06/13/24 10:04 PM ET
Generally when the numbers.........
2hhoop3 06/13/24 10:23 PM ET
I think this is a bit crass, but it is going to happen all over college
33laszlo99 06/13/24 03:25 PM ET
When it is the ACC's time to come, I hope they pursue the situation with
FLKEYSHOKIE 06/13/24 04:37 PM ET