Long Beach State Sports : Re: Big 10 New Media Revenue Proposal

"Critics argue that this move represents a departure from traditional collegiate values and raises concerns about the long-term influence of private equity on the governance and priorities of the conference."

Traditional collegiate values disappeared decades ago. The horse has left the barn. Transfers/NIL/lack of enforcement against blatant offenders. They are too far down the rabbit hole, and as an organization, can't let the big schools break off at this point.

Scholarships were fine, cost of living and a stipend, no problem. Big West athletes, or any athlete not a top 20 in the sport for that matter, getting NIL is really just pay to play, boosters giving money through companies to secure athletes services. Maybe some local value, but not what it currently is.

I would love to see a return to some sanity with the actual collegiate aspect, with 2 years at your first school, one transfer to pursue your major or grad degree.

Private equity will get ads on the jerseys immediately. And then they will go after the smaller sports that don't add value.

Previous Message

A lot of private equity is overleveraged right now and if the economy tanks into a full blown recession, deals like this might be really bad ones.

But I see your point, and there is almost no doubt that colleges with that lack resources like LBSU will be in a lower class of athletics in the near future. We already are, in reality.

Previous Message

The Big 10, ACC, SEC, and Big 12 are moving toward a super conference that will leave the Mid-Majors in the dust. When NIL came, I thought it couldn't get worse, but this article from USA Today has changed my mind. The haves and have-nots will be magnified by this revenue deal.

"What is the Big Ten's $2.4 billion private equity deal?
by USA TODAY
The Big Ten is considering a controversial $2.4 billion private equity deal, spearheaded by commissioner Tony Petitti , which would see the conference exchange a chunk of its lucrative media rights revenue for an infusion of capital from private investors. This arrangement is drawing criticism as it effectively invites private equity interests—entities with a profit-first reputation—into the heart of one of college football’s most powerful and financially secure leagues.

Critics argue that this move represents a departure from traditional collegiate values and raises concerns about the long-term influence of private equity on the governance and priorities of the conference. The deal surfaces amid dramatic changes in the college sports landscape and financial pressures, but skeptics point out that the Big Ten is already financially robust, with media rights revenues projected to climb even higher. The notion of selling a share of future earnings for a quick cash influx has alarmed both insiders and outside observers, who fear it could erode the stability and identity of the league over time."