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Yahoo’s Ross Dellenger reports that “in a meeting (yesterday) in Charlotte, power conference commissioners saw a presentation from the Big Ten on a 24-team playoff format. … Officials agreed to keep further exploring formats beyond 12. SEC officials, as they have said publicly, support 16.” Dellenger also notes the “expectation is that the 12-team format will go unchanged next season, as one commissioner has even said publicly. A deadline imposed by ESPN (Dec. 1) creeps closer while the power leagues remain at an impasse.” (link, link)

The American Council of Trustees and Alumni (ACTA) convened a public webinar on Friday urging Big Ten university boards to assert fiduciary oversight over the conference’s proposed private-capital plan with UC Investments. ACTA President Michael Poliakoff opened by emphasizing trustees’ legal obligation to demand full information on decisions of this magnitude, calling it “preposterous” that a deal of this scale could advance without board knowledge or approval. Regents and trustees from Maryland, Michigan, Penn State, Minnesota, and USC argued that the process has lacked transparency, independent analysis, and balanced risk assessment. Maryland regent/former LEAD1 CEO Tom McMillen said trustees across the league report “a scarcity of information” and no presentation of opposing views. “If this deal is as good as it’s proclaimed to be, why is there fear of sharing information?” Across the panel, trustees and regents stressed that boards—not presidents or commissioners—hold final fiduciary authority. They argued that trustees should receive all requested documents, hire independent third-party experts, update institutional bylaws for modern athletics economics, and avoid rushed timelines, with Hubbard stressing that boards should have all the information they need, and all the time they need, to make the right decision. Full meeting. (link)

The Wall Street Journal’s Rachel Bachman reports Michigan Board of Regents Chair Mark Bernstein says Big Ten Commissioner Tony Petitti even threatened to cut U-M’s revenue share or remove the school from the conference, adding: “It’s clear to us that the Big Ten is considering punishing the University of Michigan.” A league spokesperson countered there has been “zero conversation or thought” about expulsion. Meanwhile, Bachman notes multiple schools have expressed unease: Ohio State had not decided how to vote, and USC objected to being placed in a lower payout tier than Michigan and Ohio State. Regents across the league argued they should have a larger role in long-term decisions, with Michigan regent Jordan Acker saying conference commissioners have been “ceded far too much power.” Bernstein added the league would regret sidelining U-M: “I don’t think this deal gets done without the University of Michigan. Nor should it.” (link)

Sixth Street is raising a new sports-specific fund as it expands its roughly $4B portfolio across global sports, and SBJ’s Chris Smith notes 2025 investments include 10% of the San Francisco Giants, ~10% of the Boston Celtics, and 3% of the New England Patriots, adding to existing stakes in FC Barcelona, Real Madrid, Legends and NWSL’s Bay FC. Sixth Street Co-Head of Sports & Entertainment Austin Bowers emphasizes their bespoke approach: “The partnership ends up looking like something completely different through that process of understanding what they are actually trying to solve for.” Fellow co-head Josh Empson underscores the firm’s positioning as an all-purpose capital partner: “If you are coming with just one fund, if you are coming with just one product, you are going to be limited in helping leagues and teams realize their ambitions. We are going to make sure that we have the complete and the most robust capability set in the industry, full stop.” Smith notes Sixth Street is also targeting opportunities in college sports, particularly as schools face major upcoming facility and infrastructure investment cycles, and Bowers notes: “It’s going to require some more creative thinking and innovative thinking around how these teams and assets are capitalized going forward, which is exciting to us.” (link)

Ole Miss has given Football HC Lane Kiffin an ultimatum of November 28, the date of the Egg Bowl against Mississippi State, to decide if he’s staying in Oxford according to multiple reports. The Athletic’s Stewart Mandel notes Kiffin is considered a candidate for the open jobs at both Florida and LSU, adding: “A source confirmed that LSU sent a private plane for Kiffin’s family to visit Baton Rouge on Monday, and the Kiffins took a similar trip to Gainesville the day before. Lane was not on either trip. … The person briefed on the discussions did not say what would happen if Kiffin remains uncommitted prior to the Egg Bowl.” On3’s Brett McMurphy reports: “If Lane Kiffin doesn’t meet the deadline, Ole Miss would have to decide if it would allow him to coach in the (CFP). … If there is no resolution, it will be an agonizing decision for Kiffin & the Rebels.” (link, link) 

New Virginia Tech Football HC James Franklin & former employer Penn State reportedly negotiated a buyout of about $9M to settle the 10-year contract Franklin had signed in 2021, which included offset language. According to the initial terms of that contract, Penn State would have owed Franklin $48M for the remaining six years of the deal in addition to the remainder of his $8M guaranteed salary for 2025. According to the Centre Daily Times’ Jon Sauber, the $9M will not be paid out in a lump sum, but will instead be spread out. (link) 

North Carolina has received a gift commitment from Johnny and Tricia Thompson to support the men’s golf program. The Thompsons will provide “significant annual gifts” to the program along with a $5M estate gift to endow the Men’s Golf HC position. (link)

Everett Sports Management Partner Jeff Hoffman wishes to redefine what athlete representation looks like in the ever-changing era of NIL and feels his approach is proven and aggressive enough to fend off newcomers, per SBJ’s Irving Mejia-Hilario. Hoffman: “I think we’re more nimble, which creates a lot more effectiveness in people’s time. A lot of other agencies, I think, treat marketing as an afterthought because they want an athlete for their playing contract. We are brand forward because marketing is a byproduct, but not the end goal for an athlete. We are a very pitch-forward agency, but not one to have reactive deal placement and place a person with a brand that doesn’t make sense. When NIL showed up, I think there were a lot of firms [that] stayed completely out because of policies or legal concerns. We looked at it as a change to our funnel.” With the college athletics landscape rapidly changing, Hoffman and ESM are extending their influence beyond individual athlete deals through relationships with agencies such as Clemson Ventures, the new revenue-generating arm of Clemson Athletics. Hoffman: “You can’t just check the box anymore and put somebody in a TV spot and roll on. The sports marketing space is ripe for disruption. I’d like to think that ESM is the disruptor in that.” More. (link)

It’s Personnel…

➤ Tennessee has made three recent promotions, including the elevation of Assoc. AD of Executive Operations Amy Hart to Senior Assoc. AD of Executive Operations, Senior Assoc. AD/Chief of Staff Marcus Hilliard to Executive Assoc. AD/Chief of Staff and Executive Associate Athletics Director for Compliance and Legal Affairs JB Bowling to Executive Assoc. AD/Chief NIL Officer. (link)

➤ Air Force has named Bowling Green Asst. AD for Marketing and Brand Enhancement Taylor Jefferson as Assoc. AD for Marketing and Creative. (link)

➤ Proskauer Partner Jon Oram is leaving the firm to join Davis Polk as head of the Sports practice and a partner in the Mergers & Acquisitions practice. (link)

➤ Washington Post sports columnist Jerry Brewer is joining The Athletic as a senior columnist. (link)

Coaches Corner…

➤ Saint Mary’s has named former Stanford AC James Lathrop as its new Men’s Water Polo HC. (link)

➤ Eastern Kentucky has extended Volleyball HC Johnna Bazzani through the 2028 season. (link)

The Intercollegiate Women's Lacrosse Coaches Association (IWLCA) has released a white paper – developed with CarrSports Consulting – outlining five strategic priorities to elevate women’s lacrosse amid rapid growth, House settlement pressures, Title IX implications and a national shortage of game officials. The five priorities include a unified national vision and brand; simplified rules and administration; a formal officiating pipeline; enhanced NCAA championship experiences aligned with the Kaplan report; and expanded multimedia exposure. IWLCA President Kelly Gallagher says women’s sports are surging and “with the right strategic framework and collective action, women’s lacrosse can secure its position as a premier intercollegiate sport for generations to come.” IWLCA Executive Director Elizabeth Robertshaw adds: “Women’s lacrosse is at a pivotal moment. … We must act strategically to ensure this momentum translates into long-term prominence and sustainability.” The report highlights 262 new NCAA programs in 20 years, a 135% increase in high school participation, record attendance of 14,423 at the 2025 championship and a 269% viewership jump since moving to ESPN. North Carolina HC Jenny Levy calls the moment “a once-in-a-generation chance to elevate women’s lacrosse,” adding that simplifying rules, bolstering officiating pipelines and maximizing media exposure are “essential to growing our fan base and securing our position among premier women's sports.” Full white paper. (link)

The 2025 FBS Attendance Trends database has been updated with data through Week 12. Teams with the highest YoY percentage increase are Bowling Green (51.92%), New Mexico (51.16%), Temple (32.24%), Ohio (28.79%), Rice (28.03%), Missouri State (27.54%), Southern Miss (25.72%), Memphis (25.04%), UTSA (24.62%), and Vanderbilt (23.82%). Check it all out on Collegiate Sports Connect. (link) 

The Paul Finebaum Show’s eponymous host says on the Clay Travis & Buck Sexton Show that he believes he’d win if he entered Alabama’s senate race, “and I've asked a number of people because you don't want to get in a race and have it be a disaster." Finebaum’s top issue: “The economy. That ultimately drives people to the polls. And I'm particularly glad to see the White House understand that right now." Finebaum said one factor he must consider is his long record in the public spotlight, including decades as host of his daily call-in show. He knows that will give opponents plenty of material to dig up for negative campaign ads. “What also happens when you’re under that microscope, and every single thing you have said gets recorded and regurgitated is you have to answer for a lot of things. And that’s really where I am right now because all the low-level politicians and the operatives are saying, ‘Well, you said this about the president and you once said this about Nick Saban.’” (link, link)

Sinclair has built an ~8% stake in E.W. Scripps and is pushing to acquire the local TV broadcaster, according to the Wall Street Journal’s Lauren Thomas and Joe Flint, who note Sinclair says scale is now essential to compete with tech and media giants and believes Scripps shareholders could triple their value in a merger. Scripps — valued around $270M with 60+ stations in 40+ markets — has struggled in the long term but saw shares jump after signing new WNBA Friday night rights for Ion. Sinclair, valued at $1.1B with 178 stations, is pursuing consolidation after launching a strategic review. Thomas and Flint note a potential tie-up would likely face regulatory scrutiny, especially since Nexstar’s $6.2B Tegna deal is already under DOJ review. Sinclair says it can close a deal in 9–12 months and has structured its bid to require no external financing. (link)

Bond, Schoeneck & King collegiate sports practice group attorneys Kyle Skillman and Michael Sheridan join D1.ticker’s Kristen Eargle to discuss the evolving issues in college sports, particularly NCAA governance, NIL, revenue-sharing and broader themes around enforcement and institutional compliance.

 

In the discussion, the trio talk about the shifting role of the NCAA, with conferences taking the lead in aspects of governance and enforcement. They also highlight the challenges in navigating a patchwork of state laws around NIL and athlete compensation.

 

A major point of conversation is the newly formed College Sports Commission, created through the House Settlement, which oversees enforcement and oversight in third-party NIL, revenue-sharing and roster limits, and the reshaping of how infractions in those areas are set to be handled. They also explore the intersection of Title IX and NIL, noting the growing importance of gender equity in athlete compensation, and. how athletic departments can effectively manage risk in the current landscape.

 

Skillman and Sheridan also offer their perspectives on future issues in and around collegiate sports, including continued litigation concerning athlete rights and eligibility, potential government intervention and the ongoing evolution of NIL and revenue-sharing models.

 

Full conversation. (link)

UC Investments CIO Jagdeep Singh Bachher has released a statement on the $2.4B deal with the Big Ten that reads, in part: “We became comfortable with the level of risk we would take on behalf of our pension stakeholders, offering to hold this investment for at least 15 years – and planning to remain invested for at least 100 years – consistent with The UC Investments Way and one of its core cultural principles: centennial investing. As we have continued to evaluate this opportunity over the past five months, we remain convinced that the unity of the 18 Big Ten university members is key to the success of Big Ten Enterprises. We also recognize that some member universities need more time to assess the benefits of their participation. UC Investments likewise requires some additional time to complete our due diligence as recent developments unfold and we continue to engage with the conference. [...] UC Investments will work closely with the Big Ten in the coming months to allow all its members to evaluate the benefits of our potential investment in Big Ten Enterprises.” Full letter. (link) 

Yahoo’s Ross Dellenger provides an update on the Big Ten’s potential $2.4B private capital investment deal, reporting: “On Friday, 23 board members representing 12 Big Ten universities held a call with officials from the American Council of Trustees & Alumni regarding the conference’s capital investment deal. Many of those joining oppose the capital deal or, at the very least, want it paused. Board members from six Big Ten universities spoke on the call. They were from Michigan, Minnesota, USC, Penn State & Maryland. They represented their own personal feelings. … This is a notable week for the Big Ten’s capital deal. The University of Michigan is holding a scheduled board of regents meeting where global banker Moelis is presenting an analysis of the Big Ten’s deal with UC Investments. Michigan and USC are standing against the deal. … UM regent Sarah Hubbard, on the call, said the board is asking of the Big Ten a ‘fundamental’ question: ‘Is it appropriate for an outside investor to be doing this with the Big Ten?’ USC’s [trustee] Jeff Smulyan says his school ‘needs more answers’ before making a decision on the deal. One interesting note from Penn State [trustee] Jay Paterno during the call: His understanding is that Big Ten athletes will be signing rev-share contracts with Big Ten Enterprises. Right now, the league does distribute school rev-share payments to athletes from a central hub.” More. (link)

Michigan regent Jordan Acker tells NBC Sports’ Nicole Auerbach on Sirius XM’s College Sports Today: “Michigan has a lot of options … The possibility of independence in football is certainly something that has to be considered. Not today, but at the end of the Grant of Rights (in 2036). I think it’s something you have to think about, not because we want to leave the Big Ten Conference, because the commissioner’s office has made it enormously clear that they’re going (to move forward with the proposed capital deal) without us, and that would be the end of Michigan, as far as I can see, in the Big Ten Conference. … Signing the Grant of Rights extension 21 years down the line is a pretty big thing to do when you don’t know what college football is going to look like four or five years from now. So, look, I think taking independence off the table would be silly. I think taking any other option that might come to us over the next few years off the table would be silly. And I think it would be, frankly, irresponsible of us as fiduciaries to the University of Michigan to sign off on something that binds us when we don’t know what that binding is going to look like.” (link) 

ACC Commissioner Jim Phillips remains optimistic that the league can still secure multiple College Football Playoff bids despite several ranked ACC teams falling in recent games, per the Associated Press’ Aaron Beard. Phillips: “I’m not dejected. I’m not despondent or any of those types of things. You always want to win more games and the rest of it. But we still have games to be played against really good opponents. I haven’t seen a week go by in college football that if you don’t win, you don’t move up. Maybe not drastically, but the idea is you have to continue to win. And if you continue to win, you have a strong possibility that you are going to move up within the rankings. The league itself has played good football all year. We’ve suffered some from maybe not being as consistent from week to week. But we’ve also cannibalized ourselves some as well within the league. I think every league goes through that. It just seems like that’s happened more to us recently, over the last three weeks. I’m still hopeful that we’ll be a multiple-bid league. There’s nothing that says that we’re eliminated from that. There’s football not only to be played in the ACC, but throughout the country.” More. (link) 

Southeast Missouri AD Brady Barke releases a statement regarding the Redhawks’ decision to remain in the OVC. From the statement: “After examining the conference landscape and opportunities that exist, we believe the OVC continues to be the best place for us at this time. Remaining in the OVC allows us to continue competing in a conference that aligns well with our values and regional connections. Even with the announced departures of Tennessee Tech and Little Rock, the conference currently includes nine full members and eight football-playing institutions. A reinforced commitment from the remaining members of the league creates much needed stability and provides an opportunity to recruit new institutions into the league. [...] As we look ahead, we are focused on strengthening our position within the OVC and ensuring that our programs are well-prepared to succeed both now and in the future. We will continue to evaluate opportunities and make adjustments as needed, but are committed to helping build an even stronger and more competitive Ohio Valley Conference.” Full statement. (link)

Georgia Tech AD Ryan Alpert inked a five-year contract back in July, per the Atlanta Journal-Constitution’s Chad Bishop, who notes Alpert is making an annual salary of $700K, will be paid unspecified “annual supplemental compensation” of $200K, “with terms set forth by Georgia Tech Athletic Association,” and his salary will increase by $100K each year until the end of his contract on June 30, 2030. In addition, he may also have the use of an athletic association-provided vehicle or a car allowance of $15,600 annually paid in monthly installments and was also given a “mutually agreeable” club membership and a relocation allowance not exceeding $50K. The athletic association will pay Alpert non-guaranteed performance incentives not exceeding 15% of Alpert’s total annual compensation for “achieving athletic, academic, and financial performance goals as set forth in writing by the President of Georgia Tech and communicated to the Athletic Director.” If either Alpert or the athletic association were to terminate the contract during the agreement’s term, the terminating party would be required to pay liquidated damages in the amount of 60% of all remaining unpaid base salary and supplemental compensation amounts, which would have been paid through the agreement term. (link) 

Arizona has secured a 20-year naming rights agreement worth more than $60M with Casino Del Sol that will see Arizona Stadium renamed Casino Del Sol Stadium. As part of a deal believed to be the most significant in Big 12 history, per SBJ’s Ben Portnoy, the company will exist within the highest rung of UA Athletics’ corporate partners and receive category exclusivity in casino, gaming, resort and tribal nation designations beginning next fiscal year. The Arizona Sports Enterprises-negotiated naming rights agreement also includes exterior and interior branding, field logos and expanded integration into national broadcasts. Wildcats AD Desireé Reed-Francois: “The cost of running an athletic department has gone up. ... So we have to look and be aggressive in securing new revenue streams and naming rights has been a high priority since Day 1.” (link) 

People & Places…
➤ Auburn Senior Assoc. AD for Business Affairs Zach Springer has added the position of CFO to his role. (link)
➤ Florida elevates Assoc. AD for Sports Health Dave Werner to Executive Assoc. AD/Director of Sport. (link)
➤ Virginia Tech is finalizing an agreement to make former Penn State Football HC James Franklin its next HC, according to ESPN’s Pete Thamel. (link)
➤ Tulane parts ways with Women’s Volleyball HC Jordana Price after four seasons. (link)
➤ The U.S. Soccer Federation selects Deloitte CEO Dan Helfrich as its first COO, per Bloomberg’s Aysha Diallo, who notes that Helfrich has also served as chair of the NextGen College Soccer Committee (NCS), working to modernize soccer at the collegiate level. As part of his new role, he will oversee daily operations with a focus on improving business practices. (link)
➤ Kellanova and the Cheez-It Citrus Bowl will bring Prince Cheddward out of retirement for this year’s bowl match-up. (link)

The 2025 Division I Men’s Soccer Championship bracket has been revealed with Vermont, Virginia, Princeton and Maryland holding down the top four seeds, respectively. Full bracket. (link) 

Yahoo’s Ross Dellenger reports Sen. Maria Cantwell (D-WA), in a letter to the Congressional Joint Committee on Taxation, “is asking the committee to explore the tax-exempt status of universities given the professionalization of college athletics. She is suggesting revoking the status - a historic and impactful move. … Cantwell cites the athlete revenue-sharing concept, leagues exploring private equity/capital deals and the millions in buyout money schools are paying fired coaches.” Full letter. (link)

Former New Orleans Men’s Basketball student-athlete Cedquavious Hunter admitted Monday on ABC’s “Good Morning America” that he did “point-shave” as part of a scheme orchestrated by an unnamed Las Vegas bettor. As one of the college basketball players implicated by the NCAA in a sports-betting investigation back in September, Hunter said he and others involved in the scheme would intentionally miss some shots to affect the point spread, per USA Today’s Steve Gardner. Hunter: “I was money hungry. Fast cash. 95% (of the time) we got the job done. I told them (NCAA investigators) I didn't know anything but the whole time, I knew everything. But I was trying to lie because I thought I would get my way out of it. I just had a child, so the school wasn't paying me money, so I was trying to get money to actually take care of my child.” According to the NCAA’s report, text messages recovered from teammate Dyquavian Short's phone included an exchange with Hunter in which they discussed receiving $5K for their participation. More. (link)

Altius Sports Partners has struggled to maintain its physical foothold within athletic departments as at least half of its General Manager program clients have dropped the service, per Sportico’s Daniel Libit, who notes the company maintains its business remains strong through consulting, in one form or another, with approximately 40 FBS schools. Libit: “By 2024, Altius had signed up 18 schools following the additions of Michigan and Western Michigan. [...] Soon thereafter, the NCAA’s Division I Board of Directors adopted rule changes that allowed institutions to provide direct assistance to support the NIL activities of their athletes, effective August 2024. It seemed as if Altius … discovered the elusively scalable model for growth at just the right time. [...] However, over the last year, many of the flagship participants in Altius’ GM program have quietly opted out, invoking early-termination clauses or declining to re-up. One of the purported original six schools, Oklahoma State, clarified this week that although it had contracted with Altius for consulting, it never actually signed on to the GM program, attributing its inclusion in the 2022 rollout to a miscommunication. [...] [Client] departures coincided with a broader reshuffling at Altius, as CEO Tommy Gray departed around the same time to take a job as senior vice president of Fanatics’ college division.” More. (link)

More Deals…
➤ Stonehill plans to add Men’s Swimming & Diving to its athletics portfolio starting with the 2026-27 season. Current Women’s Swimming & Diving HC Matthew Distler will also take on the role as Men’s HC. (link)
➤ The NCAA taps Zephyr as the official provider of on-court/on-field headwear celebration products for all NCAA Championships, excluding DI men's and women's basketball, with the CLC-managed agreement granting the company exclusive rights to supply branded headwear for NCAA championship celebrations in sports ranging from baseball and soccer to volleyball, wrestling and more, starting with fall 2025 championships. The championship merchandise will include a range of headwear styles that will be available on-site during NCAA championship events and sold across a variety of retailers, including sporting goods stores, campus stores and direct-to-consumer sites. (link)
➤ UAB and Learfield’s Blazer Sports Properties announce a six-year premier partnership with LLH Healthcare that includes having the LLH logo at the 50-yard line of Protective Stadium, along with its logo on the bottom of the Bartow Arena midcourt scoreboard, as well as LED signage, game sponsorships, radio spots, Fan 365 Digital Advertising and NIL activation for Blazer student-athletes. The logo will make its debut at Protective Stadium during Saturday’s match-up against North Texas. (link)
➤ Wyoming inks a deal with Ramos Law to be the on-field logo sponsor at War Memorial Stadium. (link)
➤ UNC Greensboro partners with CSA Search & Consulting to facilitate the development of its 2025-2030 Strategic Plan: “Honoring Our Legacy, Championing the Future.” (link) 

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Assistant Athletic Director of Ticket Operations (Florida International University / Miami, FL): More details HERE.

 

Director of Ticket Operations (University of North Carolina at Chapel Hill / Chapel Hill, NC): More details HERE.

 

Associate Director of Ticketing - Football (University of Illinois / Champaign/Urbana, IL): More details HERE.

 

Assistant Director of Ticketing, State Farm Center (University of Illinois / Champaign/Urbana, IL): More details HERE.