OFF TOPIC Dodd: Big 12 "in serious talks" to sell 15-20% of the conference to a Luxembourg-based private equity firm

[blearybarfly]

CBS Sports

On the table is a possible cash infusion of $800 million to $1 billion from Luxembourg-based CVC Capital Partners in exchange for a 15% to 20% stake in the league, those sources said. A portion of the money would go directly to the 16 conference members, and the partnership would give the conference access to CVC's investment services and clients.

At least it isn't the Saudis?

 

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