Elite college sports group nears $500mn private capital deal

Financial TimesSaturday, December 13, 2025 at 9:55:25 PM
Elite college sports group nears $500mn private capital deal
  • The Big 12 conference is nearing a significant private capital deal worth $500 million with investment firms RedBird and Weatherford, which could transform the landscape of university athletics. This partnership aims to enhance the financial stability and operational capabilities of the Big 12, positioning it for future growth and competitiveness in the collegiate sports arena.
  • This development is crucial as it signifies a shift in how university athletics are financed, potentially leading to increased revenues for member institutions and a more robust infrastructure for supporting student-athletes. The collaboration with established investment firms may also attract further investments in the sector.
— via World Pulse Now AI Editorial System

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Big 12 in advanced talks for deal with RedBird-backed fund
PositiveFinancial Markets
The Big 12 Conference is in advanced negotiations for a financial partnership with a fund backed by RedBird Capital, which is expected to provide each of its 16 member universities with a line of credit of approximately $30 million. This deal is nearing finalization and represents a significant financial boost for the institutions involved.

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