Big 12 nearing private capital deal that could raise up to $500 million

December 12, 2025

By Ross Dellenger, Yahoo Sports: The Big 12 is nearing an agreement with RedBird and Weatherford Capital for a cash infusion of millions.

Big 12 presidents and chancellors recently authorized commissioner Brett Yormark to take another step toward finalizing a credit deal that, if all schools choose to participate, would deliver $500 million to Big 12 members and create a strategic business partnership with the firms.

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Big 12 nearing private capital deal that could raise up to $500 million

The Big 12 deal closely follows the finalization of an equity partnership that one of the league’s members, Utah, struck earlier this week.

Yahoo Sports

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