[chrisk]

Pac-12 Conference leadership pitched university presidents and chancellors a strategic plan aimed at bailing out the struggling conference and helping it keep pace with its Power Five Conference peers.

The “Pac-12 NewCo” plan was introduced to the conference presidents and chancellors at their mid-November meeting and was subsequently discussed in a conference call in December, per sources. Private investors would own 10 percent equity in the newly formed entity in exchange for a $500 million investment.

https://www.oregonlive.com/sports/oregon...tners.html

I don't have a problem with this proposal. The P12 is always going to be at a competitive disadvantage because of geography. P12 media rights will never be worth as much as other conferences. But I don't really understand why this would be attractive to an investor.

Instead of sharing ownership of its network with a sports broadcaster like the other conferences, it is looking to cash out with a 3rd party. Not sure why schools, particularly Stanford, would jump for about $40M up front. It doesn't seem like a difference maker.

[chrisk]

Pac-12 Conference leadership pitched university presidents and chancellors a strategic plan aimed at bailing out the struggling conference and helping it keep pace with its Power Five Conference peers.

The “Pac-12 NewCo” plan was introduced to the conference presidents and chancellors at their mid-November meeting and was subsequently discussed in a conference call in December, per sources. Private investors would own 10 percent equity in the newly formed entity in exchange for a $500 million investment.

https://www.oregonlive.com/sports/oregon...tners.html

I don't have a problem with this proposal. The P12 is always going to be at a competitive disadvantage because of geography. P12 media rights will never be worth as much as other conferences. But I don't really understand why this would be attractive to an investor.

Instead of sharing ownership of its network with a sports broadcaster like the other conferences, it is looking to cash out with a 3rd party. Not sure why schools, particularly Stanford, would jump for about $40M up front. It doesn't seem like a difference maker.