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College and University Discussion
Reply to "College Football--Big Ten Expansion"
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[quote=Anonymous]The FSU decision will have a big impact not only on the ACC, but also on college football because of how FSU is raising the money to exit the ACC. FSU is using an investment bank (JP Morgan Chase) and a private equity firm (Sixth Street). FSU's exit fee may come from selling shares in the team. Next will be conferences that may be purchased. Then player contracts and profit sharing type payments. The money in college football is huge and Wall Street firms are interested. Amatuerism is dead.[/quote]
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