[Maple Leaf]

Some interesting facts on the Big 10/ UC Investments:

Per the Athletic:

The Big Ten believes it does not need unanimous approval to accept an investment. Even if USC and Michigan don’t sign the grant of rights extension, UC Investments is still willing to make a deal, but at a lower valuation than $2.4 billion, according to two people briefed on the discussions. Michigan’s media rights are considered the conference’s second-most valuable asset behind Ohio State’s. The deal calls for a tiered distribution based on a school’s market value, with Michigan, Ohio State, and Penn State in the top tier; those schools would receive well above the average $133 million payout. (USC is in the tier below.)

Here is the link to the article:

https://www.nytimes.com/athletic/6802248...vestments/

I was also surprised to learn that both Michigan and Ohio State athletic departments ran deficits.

Mark Bernstein, chairman of the Michigan board of regents, has compared the UC investment deal to a “payday loan.” Eight different Big Ten schools, including Ohio State, reported athletic department deficits in their 2024 fiscal year financial report.

Michigan athletics balanced its books last year — with the help of $15 million from university funds. The school is also facing a fine that could surpass $30 million as punishment for the Stalions scandal.

[Maple Leaf]

Some interesting facts on the Big 10/ UC Investments:

Per the Athletic:

The Big Ten believes it does not need unanimous approval to accept an investment. Even if USC and Michigan don’t sign the grant of rights extension, UC Investments is still willing to make a deal, but at a lower valuation than $2.4 billion, according to two people briefed on the discussions. Michigan’s media rights are considered the conference’s second-most valuable asset behind Ohio State’s. The deal calls for a tiered distribution based on a school’s market value, with Michigan, Ohio State, and Penn State in the top tier; those schools would receive well above the average $133 million payout. (USC is in the tier below.)

Here is the link to the article:

https://www.nytimes.com/athletic/6802248...vestments/

I was also surprised to learn that both Michigan and Ohio State athletic departments ran deficits.

Mark Bernstein, chairman of the Michigan board of regents, has compared the UC investment deal to a “payday loan.” Eight different Big Ten schools, including Ohio State, reported athletic department deficits in their 2024 fiscal year financial report.

Michigan athletics balanced its books last year — with the help of $15 million from university funds. The school is also facing a fine that could surpass $30 million as punishment for the Stalions scandal.