Faculty at a Big 10 school with a prominent athletic program here: my retirement (that I signed a contract for) was cut 10% this year. I also have to clean my office with a broken, donated vacuum. But this is nice too, I guess.
"Given that the Big Ten is about to create 'a for-profit company using what are essentially public dollars,' [a Penn State trustee] argued, boards need to know more in order to be able to advise their institutions accordingly."
www.insidehighered.com/news/governa...
insidehighered.com
Secretive Big Ten Deal Riles Trustees
The Big Ten is weighing a $2.4 billion private equity deal. But multiple trustees at member institutions say they aren’t getting enough information and the proposal has been rushed.