![Big 12 Exploring $1 Billion Private Equity Investment and Naming Rights Options](/content/images/size/w600/2024/06/a42cc833-152b-4bbb-9163-e5e36ccbf4d6.png)
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Big 12 Exploring $1 Billion Private Equity Investment and Naming Rights Options
The Big 12 Conference is in discussions with Luxembourg-based CVC Capital Partners regarding a potential private equity investment worth between $800 million and $1 billion. In exchange, CVC would receive a 15% to 20% stake in the league, with a portion of the funds directed to the 16 conference members.