Big Ten, SEC dismiss private equity idea to save college football
The two power conferences, the Big Ten and SEC, dismissed ideas from outsiders that would transform major college football.
The two power conferences, the Big Ten and SEC, dismissed ideas from outsiders that would transform major college football.
The Big XII is willing to literally sell a stake in the conference in order to try to close the revenue gap with the Big Ten and SEC.
The way Pete Thamel promoted a story on private equity in college sports drew a lot of blowback.
Russell Wolff, known for 26 years at ESPN in a variety of senior roles, is headed to private equity with Sixth Street Partners.
"The digital publishers who are able to demonstrate that their audiences equate to more than viewable advertising impressions and can lead to transactional customers will be the next set of leaders in digital media."
"Florida State University is working with JPMorgan Chase to explore how the school’s athletic department could raise capital from institutional funds."
John Ourand of Sports Business Journal found, after consultation with sources, that private equity seems likely to be the "strategic partner" ESPN might work with.
Hart's company's previous sports projects include Cold As Balls and Olympic Highlights With Kevin Hart And Snoop Dogg.
RSNs owned by private equity might look very different, especially when it comes to non-game programming and carriage negotiations.
"Apollo's talks with James' multimedia platform have focused on a strategic partnership deal that could see James contributing and advising on content for the networks."