The leadership of the Pac-12 Conference has proposed what could be a game changer in college football: opening up partial ownership of the conference to private investors.
The six-page proposal was first reported by Oregon Live, which published the document this week. The private investment plan, called the “Pac-12 NewCo” plan, was presented by conference commissioner Larry Scott to university presidents and chancellors in a mid-November meeting and discussed again in a December conference call, the outlet reports.
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