Originally published at: Report: Big 12 Nearing Deal with Private Firms to Raise up to $500 Million
Big 12 brass is looking to shore up the league financially.
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I’ve got to wonder what the ‘payback’ strategy is for these firms investments? $500M investment with a target ROI of 10-12% would mean they are expecting to earn 50-60M in increased value annually back to the firms. I’m very curious what that looks like in the end.
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This is very bad. For a lot of reasons.
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A loan, LOL?! ![]()
A very slippery slope I’m not in favor of, they would basically own your finances ?