Sports
Sources: Big Ten mulling $2B private capital deal
The Big Ten is in discussions about a private capital deal that would infuse at least $2 billion into the league and its schools, sources told ESPN on Wednesday.
The discussions include a 10-year extension of the league’s grant of rights until 2046, sources told ESPN, which would ensure long-term stability in the Big Ten.
According to sources, the private capital deal and grant of rights extension have been discussed for months and presented in multiple forms. A deal and the grant of rights extension would also be a distinct blow to the outside entities attempting to form super leagues around college sports.
While there is support from nearly the entire league, according to sources, a few of the league’s biggest brands — including Ohio State and Michigan — are still in discussions with the league. The aim is to have unanimous support before a vote, sources told ESPN.
A decision on the private capital deal is expected in the upcoming weeks from the schools in the Big Ten, sources said, and nothing is considered imminent or certain. There are three different private capital entities being considered by the Big Ten, sources told ESPN, and the league has not taken a vote on any plan.
Like most businesses, athletic departments can always use more money to cover ever-increasing costs. The need is particularly acute now for schools with middle and lower revenues within the league after the NCAA’s recent settlement of legal cases that has led to direct revenue sharing with athletes.
The setup being discussed, sources said, is that this will essentially be the formation of a new commercial entity within the Big Ten that would house all revenue generation such as media rights, sponsorships and league revenue streams.
The working title for the new entity is Big Ten Enterprises, sources told ESPN.
The private capital company would get money back through the new entity through annual distribution in proportion to its financial stake. The Big Ten will essentially have 20 equity shares, comprising the 18 schools, the league and this investor.
Sources told ESPN that this setup eliminates the need to give an outside investor a specific portion of control over decisions or board seats, something that college presidents have generally been uncomfortable with.
“Think of it this way — the conference is not selling a piece of the conference,” a league source told ESPN. “Traditional conference functions would remain 100 percent with the conference office — scheduling, officiating and championships. The new entity being created would focus on business development, and it would include an outside investor with a small financial stake.”
One of the philosophies behind the proposed move, which is being shepherded by Big Ten commissioner Tony Petitti, is that the league believes its ability to generate revenue holistically has been underserved, and it would be sharing a small percentage of greater profits with the outside investor.
It also helps the league potentially better scale and leverage its 18 members.
Another source familiar with the Big Ten’s discussions summed it up this way: “We’re underselling the strength of what we do the way we are structured. This is a way to organize ourselves better.”
As a micro example of that, Nebraska athletic director Troy Dannen was quoted in an Associated Press article last week on the looming discussion of teams wearing corporate logos on their jersey: “If you jump in now, and I’m going to get a little bit [of money] because of the jersey patches. I would really like to see if there’s an opportunity for our conference to put all those jersey patch rights together and, all of a sudden, they’re worth a whole lot more to the institutions when 18 are playing instead of just one.”
The potentially groundbreaking plan, which has been presented across the 18-member conference over the past few months, calls for immediate cash payments to each school, the amount based on a formula that factors in numerous variables including current budgets.
The amount of those payments is still being discussed, but the basic format, sources told ESPN, is believed to be tiered. All schools in the league are expected to receive at least a nine-figure amount up front.
The final financial details are still being discussed as universities with bigger brands are expected to receive more money.
“Our membership has clearly expressed the need to modernize the operations and structure of our conference to ensure that the Big Ten remains best positioned to offer the highest level of athletic and academic excellence in a rapidly evolving landscape,” a Big Ten spokesperson told ESPN in a statement when asked about the private capital.
“Over a year ago, we initiated a comprehensive evaluation of our practices to identify partnerships that could secure the financial stability of our member institutions and allow us to not only protect, but expand, opportunities for our student-athletes. This is an ongoing process, and we remain committed to finding a path that strengthens the conference for the future.”
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Palestinian Football Association President Jibril Rajoub refused to shake hands or even stand beside Israel Football Association Vice President Basim Sheikh Suliman during a tense exchange at the FIFA Congress Thursday.
Both officials were invited to the stage by FIFA President Gianni Infantino, but the Palestinian representative resisted efforts to bring him closer to his Israeli counterpart.
FIFA President Gianni Infantino shakes hands with Basim Sheikh Suliman (left), vice president of the Israeli Football Association, as Jibril Rajoub (right), president of the Palestine Football Association, leaves the stage at the 76th FIFA Congress in Vancouver, Canada, April 30, 2026. (Reuters/Jennifer Gauthier)
Infantino briefly placed a hand on Rajoub’s arm and gestured for him to step forward, but Rajoub did not comply.
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FIFA President Gianni Infantino speaks during the 2026 Semafor World Economy conference in Washington, D.C., on April 15, 2026. (Kent Nishimura/AFP)
The Palestinian FA, led by Rajoub, has long pushed for Israel to be suspended from international soccer competition.
Rajoub defended his decision, saying he remains committed to formal processes but believes stronger action is needed.
“I still respect and follow the legal procedure, but I think it’s time to understand that Israel should be sanctioned. The double-standard policy should stop,” Rajoub said, according to The Times of Israel.
“I refused to shake hands. Sport is sport. … For me, that should be respected, but if the other side is representing a criminal like Bibi [Prime Minister Benjamin Netanyahu] and speaking on behalf of Bibi as if Bibi is Mother Teresa, how can I shake hands or have a photo with such a man?
A fan displays a Palestinian flag during a Nations League group stage match between France and Israel Nov. 14, 2024. (Gonzalo Fuentes/Reuters)
“I think Gianni has the right to try to bridge gaps and bring people together, but I think maybe he does not understand or does not know the deep suffering of the Palestinian people.”
After the exchange, Infantino addressed the room, urging cooperation.
“We will work together, President Rajoub, Vice President Suliman. Let’s work together to give hope to the children. These are complex matters,” Infantino said.
Speaking just before the incident, Suliman emphasized the unifying role of the sport.
“In football, there is no place for politics,” Suliman said. “Everyone has the right to play and compete. We are teaching children values like respect, equality and love for others, and we hope that by the next time we meet, the situation will be better. We extend a hand to the Palestinian FA in the spirit of those shared values.”
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Players from Paris Saint-Germain and Tottenham Hotspur line up before the UEFA Super Cup soccer match in Udine, Italy, on Aug. 13, 2025. (Denes Erdos/AP)
UEFA was reportedly moving toward a vote to suspend Israel over the war in Gaza in September, but the motion was put on pause.
Infantino announced no action would be taken against the team on Oct. 3 after a historic peace proposal by President Donald Trump and Netanyahu.
However, even after the peace proposal, Israeli sports teams have faced opposition and exclusion.
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Hyderabad Kingsmen advanced to the Pakistan Super League (PSL) 11 final after defeating Islamabad United by two runs in the thrilling second eliminator at Lahore’s Gaddafi Stadium on Friday.
The victory propelled the debutants into the final, where they will lock horns with table-toppers Peshawar Zalmi at the same venue on Sunday, while it drew curtains on the United’s campaign at the eight-team tournament.
The United got off to an unwanted start to the pursuit as they lost Sameer Minhas (six) and Mohsin Riaz (five) inside three overs with just 15 runs on the board.
Skipper Shadab Khan then joined Devon Conway in the middle, and the duo batted cautiously to put together 42 runs for the second wicket until Saim Ayub dismissed the left-handed opener in the eighth over, who made a 25-ball 30 with the help of three fours and a six.
Shadab was then involved in a brief 11-run partnership for the fourth wicket until eventually falling victim to Hassan Khan on the first delivery of the 11th over and walked back after a cautious 22 off 24 deliveries.
Following his dismissal, Chapman took the reins of United’s pursuit and raised a crucial 64-run partnership for the fourth wicket with Haider Ali, who contributed with a 16-ball 31 until falling victim to Mohammad Ali in the 16th over.
Chapman, on the other hand, followed suit 10 deliveries later, falling victim to Hunain Shah in the 18th over. He remained the top-scorer for the United with a quickfire 43 off 26 deliveries, studded with five fours and two sixes.
But his dismissal did not bother the three-time champions as the all-rounder duo of Faheem Ashraf and Chris Green put them into the commanding position by smashing Ali for 22 runs in the penultimate over, and brought the required equation down to six runs off the last over.
Bowling the final over, with just six runs to defend, Hunain delivered impeccable death bowling as he gave just three runs to secure a thrilling two-run victory for the Kingsmen.
For the Kingsmen, Ali and Hunain bagged two wickets each, while Akif Javed, Hassan Khan and Saim Ayub chipped in with one scalp apiece.
Hunain claimed the Player of the Match award for a brilliant six-run defence in the tense final over.
Put into bat first, the Kingsmen piled up 186/5 in their 20 overs, courtesy of a sensational fifth-wicket partnership between Usman and Kusal Perera.
The Kingsmen got off to a dismal start to their innings as Richard Gleeson dismissed left-handed opener Maaz Sadaqat for a four-ball duck in the first over, with just one run on the board.
Following the early stutter, Saim Ayub joined captain Marnus Labuschagne in the middle, and the duo batted cautiously to put together 70 runs for the second wicket.
Chris Green eventually broke the budding partnership in the 10th over by getting rid of Saim, who walked back after scoring 38 off 27 deliveries with the help of seven fours.
Labuschagne was then involved in a brief 13-run partnership for the third wicket with Glenn Maxwell (three) until both Australians fell victim to Imad Wasim in the pulsating 12th over, resulting in Kingsmen slipping to 85/4.
The Kingsmen captain remained a notable run-getter for the tournament debutants, scoring 40 off 32 deliveries, featuring four fours and a six.
Following the back-to-back blows, in-form wicketkeeper batter Usman and Perera forced an astounding turnaround as they bolstered the Kingsmen’s total past the 180-run mark with a 101-run partnership for the fifth wicket.
Usman, who dominated the crucial stand, remained their top-scorer with an unbeaten 61 off 30 deliveries, studded with 10 boundaries, while Perera chipped in with a 21-ball 37, comprising four fours and two sixes.
Imad was the standout bowler for the United, taking two wickets for just 16 runs in his two overs, while Faheem Ashraf, Gleeson and Green made one scalp apiece.
- Kingsmen’s Usman smashes unbeaten 61 in eliminator showdown.
- Mark Chapman scores rapid 43 but United fall short narrowly.
- Hyderabad Kingsmen set up PSL 11 final against Peshawar Zalmi.
Hyderabad Kingsmen advanced to the Pakistan Super League (PSL) 11 final after defeating Islamabad United by two runs in the thrilling second eliminator at Lahore’s Gaddafi Stadium on Friday.
The victory propelled the debutants into the final, where they will lock horns with table-toppers Peshawar Zalmi at the same venue on Sunday, while it drew curtains on the United’s campaign at the eight-team tournament.
The United got off to an unwanted start to the pursuit as they lost Sameer Minhas (six) and Mohsin Riaz (five) inside three overs with just 15 runs on the board.
Skipper Shadab Khan then joined Devon Conway in the middle, and the duo batted cautiously to put together 42 runs for the second wicket until Saim Ayub dismissed the left-handed opener in the eighth over, who made a 25-ball 30 with the help of three fours and a six.
Shadab was then involved in a brief 11-run partnership for the fourth wicket until eventually falling victim to Hassan Khan on the first delivery of the 11th over and walked back after a cautious 22 off 24 deliveries.
Following his dismissal, Chapman took the reins of United’s pursuit and raised a crucial 64-run partnership for the fourth wicket with Haider Ali, who contributed with a 16-ball 31 until falling victim to Mohammad Ali in the 16th over.
Chapman, on the other hand, followed suit 10 deliveries later, falling victim to Hunain Shah in the 18th over. He remained the top-scorer for the United with a quickfire 43 off 26 deliveries, studded with five fours and two sixes.
But his dismissal did not bother the three-time champions as the all-rounder duo of Faheem Ashraf and Chris Green put them into the commanding position by smashing Ali for 22 runs in the penultimate over, and brought the required equation down to six runs off the last over.
Bowling the final over, with just six runs to defend, Hunain delivered impeccable death bowling as he gave just three runs to secure a thrilling two-run victory for the Kingsmen.
For the Kingsmen, Ali and Hunain bagged two wickets each, while Akif Javed, Hassan Khan and Saim Ayub chipped in with one scalp apiece.
Hunain claimed the Player of the Match award for a brilliant six-run defence in the tense final over.
Put into bat first, the Kingsmen piled up 186/5 in their 20 overs, courtesy of a sensational fifth-wicket partnership between Usman and Kusal Perera.
The Kingsmen got off to a dismal start to their innings as Richard Gleeson dismissed left-handed opener Maaz Sadaqat for a four-ball duck in the first over, with just one run on the board.
Following the early stutter, Saim Ayub joined captain Marnus Labuschagne in the middle, and the duo batted cautiously to put together 70 runs for the second wicket.
Chris Green eventually broke the budding partnership in the 10th over by getting rid of Saim, who walked back after scoring 38 off 27 deliveries with the help of seven fours.
Labuschagne was then involved in a brief 13-run partnership for the third wicket with Glenn Maxwell (three) until both Australians fell victim to Imad Wasim in the pulsating 12th over, resulting in Kingsmen slipping to 85/4.
The Kingsmen captain remained a notable run-getter for the tournament debutants, scoring 40 off 32 deliveries, featuring four fours and a six.
Following the back-to-back blows, in-form wicketkeeper batter Usman and Perera forced an astounding turnaround as they bolstered the Kingsmen’s total past the 180-run mark with a 101-run partnership for the fifth wicket.
Usman, who dominated the crucial stand, remained their top-scorer with an unbeaten 61 off 30 deliveries, studded with 10 boundaries, while Perera chipped in with a 21-ball 37, comprising four fours and two sixes.
Imad was the standout bowler for the United, taking two wickets for just 16 runs in his two overs, while Faheem Ashraf, Gleeson and Green made one scalp apiece.
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