The Pac-12 is seeking $750 million from investors, $250 million more than initial plan, and they want a 25-year commitment
The Pac-12 is now asking for 50 percent more money from investors than they previously were.
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Former hedge fund manager: Pac-12’s proposed equity terms (10 percent for $500 million) are “probably not going to happen”
The Pac-12's valuation of $5 billion for the conference (so $500 million for a 10 percent share) appears quite optimistic, according to a long-time hedge fund manager asked to evaluate it.
