While the Big Ten Conference mulls a private capital deal believed to be worth at least $2 billion , one Michigan regent is urging the school to say no.
In a social media statement issued Wednesday, regent Jordan Acker — a former chairperson of Michigan’s eight-person board — said he’d oppose any plan by the school to vote in favor of the proposal, and encouraged his colleagues at other league institutions to follow suit.
“Selling off Michigan’s precious public university assets would betray our responsibility to students and taxpayers,” Acker wrote. “I will firmly oppose any such effort — and I hope colleagues at (Michigan State) and Ohio State will stand me with me as well.”
ESPN on Wednesday first reported the eye-popping details of a lucrative financial deal on the table , one t