The Big Ten’s private capital deal is on pause. Here’s what it means
Comments
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TinyTitty??? Of the Coney Island TinyTitties?
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If this goes down and effectively extends the GOR by another decade, say goodbye to the super conferences in 2036. That's why USC and Michigan are out.
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Greed is NOT good. Fuck you @Tequilla !!
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I wish we were actually greedy. Debt in theory is cheaper than equity. We are betting against ourselves. UW taking this deal is like my daughter who would rather having $1 today than $2 tomorrow.
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Private equity is the equivalent of rent to own furniture. Looks nice for about a week then it all falls to shit.
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Guaranteed you could get someone to put together a line of credit or a bond for a lot less than a 10% stake if you need a cash infusion. And if you are gonna take on an investor, at least have the investor bring something to the table. A pension fund is not that kind of investor.
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How did we have college football for 100+ years without private equity? If your answer is not paying the players then maybe consider if that's not a sustainable endeavor.
Things will also get interesting as I assume the TV deals may have to eventually stop growing.
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Sometimes I have dark thoughts about wanting colleges to get out of the football bidness and let the NFL take over the farm system.
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Same way we went from 1776 to 1913 without an income tax or central bank.
TITTT but IRYK
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They don't make hit Broadway shows about Jefferson or Old Hickory, Chief.
