"Single handedly destroying college sports," "Disgusting": CFB fans outraged as Big Ten closes in on $2.4 Billion Capital Deal amid objections

Big Ten executives are reportedly planning a move with member schools to advance with their 20-year, $2.4 billion capital investment proposal, even without Michigan and USC. According to reports, Michigan and USC are the two schools among the 18 in the league that have voted against extending the conference grant of rights.

When fans found out that the Big Ten is closing in on a historic capital deal to extend the conference grant of rights an additional 10 years, they had some wild reactions.

"Big Ten single handily destroying college sports, first they conspire and kill PAC-12, now they are letting in private equity," one tweeted. "Disgusting," another added. "Of all the Big Ten schools, only Michigan and USC refuse to be bought. Everyone else is ok with just selling out, I guess," a third commented.

Here are a few more reactions.

"Michigan and USC are bigger than the B10. Hold strong," one wrote. "This will be the tipping point that causes the super league to form," another added. "Pre nfl Sunday news dump. We see you Big Ten," a user tweeted.

Reports claim that Michigan and USC face a tentative deadline to change their vote, potentially until Nov. 21. If not, the two schools might lose the additional capital as part of the landmark deal and risk their future within the conference beyond 2036.

Big Ten schools would receive $135 million each in up-front payments with new capital deal

According to reports, each school in the Big Ten would receive an average of $135 million each in up-front payments if the conference adopts the lucrative deal with a California pension fund.

The University of California pension system is reportedly a $190 billion entity responsible for managing the system’s investment portfolio. As part of the agreement, UC Investments would buy a 10% stake in the conference’s new offshoot, Big Ten Enterprises.

The Big Ten had been exploring a private investment for nearly a year, and it seems a deal is now close to being complete.

Edited by Arnold