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Regent Says Michigan Would Consider Leaving Big Ten if $2.4B Capital Deal OK’d

UC Investments paused its $2.4 billion plan to fund Big Ten schools after Michigan and USC opposed the deal, citing governance concerns and financial risks, officials said.

  • On Nov 17, 2025 UC Investments paused its proposed $2.4 billion capital plan, saying it will wait for unity among the 18 Big Ten university members amid opposition from University of Michigan and University of Southern California.
  • University leaders raised concerns that uneven payouts and joining a private investor posed risks, with Michigan trustees calling the plan a `pay-day loan` and regent Jordan Acker urging opposition.
  • The proposal would spin off Big Ten Enterprises to hold media and sponsorship rights, with UC Investments receiving a 10% stake for 15 years while the remaining 90% is distributed to Big Ten schools.
  • Despite support from many schools, losing the University of Michigan as a marquee program would 'have shook the league and college athletics,' while Jordan Acker warned the commissioner might proceed without Michigan, ending its Big Ten membership.
  • Looking ahead, UC Investments will work with the Big Ten in the coming months to evaluate the proposed $2.4 billion deal and grant of rights extended to 2046, amid schools' financial pressures.
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With Big Ten $2.4B deal looming, lawmaker asks questions about tax-exempt status of college sports

A lawmaker skeptical of the Big Ten’s proposed $2.4 billion deal with a private investor has requested a Congressional analysis of the tax consequences for the NCAA, its schools and conferences.

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The Detroit News broke the news in Detroit, United States on Monday, November 17, 2025.
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