All Hokie, All the Time. Period. Presented by First Bank & Trust Company

B
Joined: 02/17/2023
Posts: 4,656
Likes: 2,003
Subscriber

Unless it gives them the ability to secure a media

deal closer to the SEC, I do not see the point. $500M is not much money these days with billion dollar media deals. Sure, there are schools that need a capital infusion, but they can go out and get their own PE deal. Currently, it appears that teams can opt in, or opt out of about $30M per year, for the next 3 years. ISU, and a few others absolutely need that kind of infusion if they are to remain competitive. That is just a band aid however, and does not address the long term need of those schools. At least VT got a cash infusion without prostituting their future. There are some fans (trolls for the hoop guy) that are talking about paying exit fees for some ACC schools as the negotiations ramp up for the next media deal. That is not substantiated in any official form, but if I was in charge, it's what I would do.
Posted: 12/13/2025 at 10:19 AM ET
(In response to this post by Marooned)

Thread Replies (21)

Full Thread →
B12 nearing a $500M deal with RedBird and Weatherford Capital
Marooned 12/13/25 09:48 AM ET
A taxpayers/students getting screwed deal**
CrystalCoveHokie 12/13/25 09:36 PM ET
and the problem is???
1947Sunbowl 12/14/25 12:33 PM ET
Problem is self evident…Highly misplaced priorities **
CrystalCoveHokie 12/14/25 01:48 PM ET
It looks like a line of credit up to $30M. So just a plain old loan.**
RandomAsianGuy 12/13/25 12:27 PM ET
Similar to a "payday" loan?**
EDGEMAN 12/13/25 03:52 PM ET
Kind of like "Vinnie's Bank", with branches in "Social Clubs" in The Bronx
ancient alien 2018 12/13/25 06:32 PM ET
I'll be curious to see how many schools take the $30M line of credit
SMU Pony 12/13/25 12:22 PM ET
You have to ask.....
2hhoop3 12/13/25 02:24 PM ET
$30M is big money. but
RandomAsianGuy 12/13/25 12:35 PM ET
Is all of this because schools are spending more than they bring in?
MP4VT2004 12/13/25 12:22 PM ET
A lot of Big 12 programs were already treading water financially...
SMU Pony 12/13/25 12:27 PM ET
Baylor has big donors, and KU has locked up their funding already. The
Big12 guy 12/13/25 12:47 PM ET
Baylor's big donors are tapped out & KU doesnt really care about football**
SMU Pony 12/13/25 01:13 PM ET
Well, of all the opinions, this is one for sure. Whatever. **
Big12 guy 12/13/25 02:15 PM ET
Best link to explain the deal. **
Big12 guy 12/13/25 12:07 PM ET
Described as a loan, LOL is Mr. *Wonderful from 🦈 tank on this deal? 😁
Stech 12/13/25 12:19 PM ET
Drew Weatherford couldn't.........
2hhoop3 12/13/25 11:23 AM ET
The problem with this is it just one more thing that will be
Vippie1 12/13/25 11:14 AM ET
It feels like everyone is grasping at straws, including the P2 & networks. **
Big12 guy 12/13/25 11:55 AM ET
Unless it gives them the ability to secure a media
Big12 guy 12/13/25 10:19 AM ET
Agree, and this is just a financing/debt deal.
RJHokie 12/13/25 10:29 AM ET