Big Ten contemplating $2 billion private equity deal, grant of rights extension with decision on horizon

The Big Ten conference is considering a $2 billion private equity deal and a grant of rights extension, with a decision on the horizon. The conference is weighing several investment offers from private capital firms, which could provide a significant influx of funds. The deal under consideration would likely involve granting the private equity firm a share of the conference's media rights revenue for a certain period. Additionally, the Big Ten is contemplating extending its grant of rights agreement, which would ensure that member schools' media rights remain with the conference for an extended time. This move could provide stability and long-term financial security for the conference. The potential deal and grant of rights extension are seen as crucial steps for the Big Ten to remain competitive in the rapidly evolving college sports landscape. The conference is expected to make a decision on these matters in the near future, which could have far-reaching implications for the future of the Big Ten and its member institutions.