Here is more information about the PAC-12 wanting this infusion from Private Equity of $500 million.

Some interesting blurbs: “It will be a proctological exam,” von Schlegell said. “'Trust me' is not going to work.”

Apparently Larry Scott has turned over 3 CFOs in 18 months. And the top officers of the PAC12 make ridiculous salaries: Said one high-ranking Pac-12 employee with knowledge of the expense and salary structure: “If you asked me to do some quick math, and you told me we needed to find $10 million a year in savings, it would take me three minutes.”

And this doozy: One high-ranking Pac-12 official told me this week that when the Pac-12 Network was formed, Scott approached ESPN, FOX, CBS and Discovery looking for a potential partner.

“Nobody on the outside knows this,” the official said. “We weren’t wanted.”

I know John Swofford is not popular, but at least he was very deliberate and careful before jumping into a bad situation. Looks like Larry Scott jumped into a bad situation.
[Post edited by HOO86 at 02/27/2019 6:09PM]