The Big Ten Conference is undergoing a massive transformation. UC Investments is attempting to acquire a 10% stake in the B1G’s for-profit entity, Ten Enterprises, for $2.4 billion. While the money is significant for each program, it could change fortunes for some struggling ones at the bottom tier of the conference, especially UCLA. But there stand in-state USC and Michigan, who are not letting the deal pass.

The proposed Big Ten deal will see a payout of $190 million to programs such as Michigan, Ohio State, and Penn State; $155 million to USC and Oregon; and $110 million to the remaining programs in a tier-based system. The opposition from USC and Michigan is mainly due to their rejection of the grant-of-rights structure, which would extend for 20 years.

Without approval from b

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