Big Ten and other Conference Expansion

[Jaxbuck]

“The new entity being created would focus on business development, and it would include an outside investor with a small financial stake."

Sorry I missed this part. If the source is accurate that means they are creating a new entity (probably some sort of JV).

It gets real difficult to steal/fuck over/ strip assets from the B1G when you are only a financial partner in another entity.

I’ve seen some crazy shit but to date I’ve never seen anyone take anything from company A when they didn’t have any equity or a perfected debt interest to collateral of company A because they were business partners in company B (and only company B)

It’s almost like the B1G has some serious lawyers and consultants of their own that know how to structure a deal so they don’t get bitten while swimming with the sharks( on top of being on the side of real negotiating leverage because they don’t need the money).

 

[dragurd]

“The new entity being created would focus on business development, and it would include an outside investor with a small financial stake."

Sorry I missed this part. If the source is accurate that means they are creating a new entity (probably some sort of JV).

It gets real difficult to steal/fuck over/ strip assets from the B1G when you are only a financial partner in another entity.

I’ve seen some crazy shit but to date I’ve never seen anyone take anything from company A when they didn’t have any equity or a perfected debt interest to collateral of company A because they were business partners in company B (and only company B)

It’s almost like the B1G has some serious lawyers and consultants of their own that know how to structure a deal so they don’t get bitten while swimming with the sharks( on top of being on the side of real negotiating leverage because they don’t need the money).

Also the UC System has less incentive to fuck them over as long as UCLA is a member. Now maybe they will hem and haw about Cal but 10% non voting interest means they can't really force things. I was more worried about a 50/50 partnership ala Big Ten network

 

[woofermazing]

Only if all the schools have to stick it in an endowment and fund NIL deals with some of the return. We'll be unstoppable.

 

[Jaxbuck]

Also the UC System has less incentive to fuck them over as long as UCLA is a member. Now maybe they will hem and haw about Cal but 10% non voting interest means they can't really force things. I was more worried about a 50/50 partnership ala Big Ten network

10% in a separate entity apparently.

You can’t force shit. If you can, then the other side made a bad deal.

 

[cincibuck]

So, is this something that only involves the ath. depts., or is this to include the academic side too?

Is this part of the GOP clamp down on research grants in order to make schools turn to PE for funds?