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Per the Dallas Morning News, the Big XII is finalizing a deal with investment partners to provide as much as 30M per school in cash. This NOT a private equity deal per the conference
https://www.dallasnews.com/business/2025/12/15/relentless-big-12-boss-on-mission-to-make-conference-most-globally-relevant/
https://www.dallasnews.com/business/2025/12/15/relentless-big-12-boss-on-mission-to-make-conference-most-globally-relevant/