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re: B12 signs large private capital deal

Posted on 4/30/26 at 8:30 pm to
Posted by Gatorgal04
Titletown, FL
Member since Nov 2010
234 posts
Posted on 4/30/26 at 8:30 pm to
Hmmmm. Our Lacrosse team plays in the Big 12.
Posted by Auburn80
Backwater, TN
Member since Nov 2017
10068 posts
Posted on 4/30/26 at 9:01 pm to
quote:

Can someone please explain this to me what this actually means like I'm 5?


Ticket prices are going way up. Plus, there will be fees to tailgate, surcharge for an RV, and you will be required to tip 20% at concession stands. Cokes will now be watered down and your all beef hot dog will become some beef.
Posted by BurgTiger
Member since Feb 2014
3454 posts
Posted on 5/1/26 at 6:15 am to
Welcome to the b12 LIV football Friday night matchup brought to you by the Saudi Fund.
Posted by 1801
Charleston
Member since Aug 2012
8752 posts
Posted on 5/1/26 at 9:31 am to
https://www.msn.com/en-us/entertainment/movies/redbird-capital-s-2-billion-power-play-meet-gerry-cardinale-the-private-equity-kingmaker-behind-the-paramount-skydance-deal/ar-AA1KcWxf

Gerry Cardinale - the new *commissioner* of the Big 12 -

Redbird $12B in assets -

quote:

“I’m able to look at the sports industry, and the media and entertainment industry, as ecosystems,” Cardinale explained to Fortune in 2024, speaking of his ownership of the Italian soccer team AC Milan and his efforts to replace the team’s crumbling century-old stadium with a brand-new Yankee Stadium-like arena. “And then what I do is I look for dislocations. I look for areas where there’s a need for improvement, evolution, and professionalization.”
Posted by CBandits82
Lurker since May 2008
Member since May 2012
59119 posts
Posted on 5/1/26 at 9:38 am to
quote:

offer schools an opt-in capital credit line of $30 million each;


what a fricking disaster.
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