Yahoo's Ross Dellenger reports the Big Ten is working on a plan to move forward with the $2.4B private capital deal with UC Investments, with or without Michigan and USC. Dellenger: “If they don’t agree to the deal, the schools may lose the additional capital as part of the landmark proposal and risk their future within the conference beyond 2036, the current end of the existing grant-of-rights agreement. League officials are socializing a specific date — Nov. 21 — for a vote on the capital investment proposal. Administrators and board members at both Michigan and USC were informed earlier this week that, if a 16-school agreement is reached, the two programs would be granted a grace period — three to six months — to agree to join the deal if they wish to reap the full financial benefits. That period is only a proposal for now.” The Big Ten, via a statement, tells Dellenger that “no such vote is scheduled.” Dellenger notes the proposed deal has received pushback from the American Council of Trustees and Alumni, who will hold a call Monday to discuss the matter with board members from five B1G members, and USC, who would receive an uneven revenue distribution and have expressed concern over the governance of Big Ten Enterprises. More including payouts per member. (link)