Who really knows. I’d guess if he feels good that there aren’t any skeletons in the NU closet then he may take this all the way to trial. NU may be vulnerable, but it’s pure speculation- and how would a jury of non-football fans react to all this.
It’s not like he needs the money. His...
Oh yeah, I think we can all guess and nothing wrong with that. I do think many of us are trying to envision why a wildly successful independent entity would need outside money unless it were to eg break apart the Big Ten. That would make sense, but only to a spreadsheet warrior.
Then again...
Dubious, but anyway. Education-adjacent?
It generally doesn’t. In this scenario they can’t even give a reason for the talks which tells you everything you need to know.
Why would they need private capital to do that? The Big Ten or schools could sell equity shares to you or me at a remarkable price and people would come in droves. Or, you know, just go through typical money channels rather than Vinny down at UR****ed Capital offering 18%.
For some of them I don’t think it’s about the money or security; these guys are operating purely on an ego-massaging level. Captain Arab has to go hunt his maize and blue whale. I wonder how Michigan fans feel.
For a temporary bump to blow on facilities, salaries, guaranteed salaries after a firing and of course payouts to facilitators. The analogy would be selling equity in a beautiful Orange County oceanfront palazzo to invest in a monthlong hookers and blow bender, maybe a Lambo. Actually, PE in...
That’s been the concern, they will buy their way out of the Big Ten and form a super league. Financially it probably makes sense. For any number of other reasons it doesn’t. Head versus heart.
There will never be enough. Witness Petitti engaging private capital for god knows what. Some people will never, ever be satisfied. It’s a game, the thrill of the chase.
Can’t think of a scenario where this makes sense, at least in terms of supporting the schools. Have to think the school presidents put the kibosh on this immediately. I’d argue Petiitti even going to lunch with PE is grounds for termination - acting against the interest of the schools, the...