Big Ten nears decision on $2.4B deal with California pension investment fund

October 10, 2025

By Ross Dellenger, Yahoo Sports: A California pension fund may soon invest in the Big Ten Conference.

An investment fund of the University of California pension system is in negotiations with the nation’s largest and perhaps most valuable collegiate athletic conference to infuse about $2.4 billion in immediate cash to its 18 schools and help create the conference’s long-discussed subsidiary, Big Ten Enterprises.

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Big Ten nearing decision on $2.4 billion deal with California pension investment fund in landmark move within college athletics

If the Big Ten does adopt its deal, other conferences may be forced to respond with an equity agreement of their own.

Yahoo Sports

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