06-13-2024, 01:21 PM
The Big 12 is looking at selling the Conference’s naming rights for a reported nine figures. Allstate is considered the front runner for the sponsorship. The new name, if the deal is consummated? The Allstate 12 Conference.
Also, conference leadership is discussing a potential investment in the range of $800 million to $1 billion from an investment group in exchange for a 15-20% stake in the conference.
It is all about closing the revenue gap between the SEC/Big Ten and the Big 12.
I wonder what the ACC has in mind to keep up with their competitors?
Interesting side note: A number of years ago, Larry Scott made a proposal re: working with an investment group to buy a stake in the PAC-12 but the conference Presidents/Chancellors nixed the idea. What could have been………
Also, conference leadership is discussing a potential investment in the range of $800 million to $1 billion from an investment group in exchange for a 15-20% stake in the conference.
It is all about closing the revenue gap between the SEC/Big Ten and the Big 12.
I wonder what the ACC has in mind to keep up with their competitors?
Interesting side note: A number of years ago, Larry Scott made a proposal re: working with an investment group to buy a stake in the PAC-12 but the conference Presidents/Chancellors nixed the idea. What could have been………
