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The Big Ten’s proposed $2 billion-plus private capital deal is facing headwinds after a joint meeting Tuesday afternoon between trustees at Michigan and USC led to unified questions about the plan, multiple sources who were on the call told ESPN.

The two schools discussed their shared skepticism during the call. One sticking point: The deal doesn’t address the root issue — soaring costs — that has made the need for cash so imperative for athletic departments. Just providing short-term money, sources said, does not solve that issue.

The schools also noted pending federal legislation that makes predicting the future of college athletics difficult, as well as a general apprehension at selling equity in a university asset (the conference media rights).

Both Michigan and USC believe there are funding options that can provide superior terms and would like to slow the process and explore them, sources said. The goal, the meeting agreed, should be to help the Big Ten schools that need money but at the most favorable terms imaginable without giving up equity.

Although the questions are numerous, it is not certain how much influence the trustees can yield on the proposal, let alone change or even stop the process. The complicated agreement remains fluid and continues to be negotiated and worked on, meaning despite the current opposition, a deal still might be worked out.

That said, having two of the league’s biggest and most storied athletic brands against it is not insignificant.

The framework of the groundbreaking deal would send a significant infusion of money (in the range of $100 million at minimum) to each of the Big Ten schools. In exchange, the league would spin off a new entity, Big Ten Enterprises, which would hold all leaguewide television rights and sponsorship contracts through 2046. Individual schools still would retain local radio and other deals.

Shares of ownership in Big Ten Enterprises would fall to the league’s 18 schools, the conference office and the capital group — an investment fund that’s tied to the University of California pension system. The UC pension fund would receive a 10% stake in Big Ten Enterprises and would hold typical minority investor rights but no direct control, according to sources. The exact equity amounts per school in Big Ten Enterprises are still being negotiated.

There is expected to be a small difference in percentage of the remaining equity between the schools that would favor the league’s biggest athletic brands, but it is likely to be less than a percentage point. There is also expected to be a tier system for initial payments, with the lowest amount in the nine-figure range. Larger athletic departments could receive an amount above $150 million.

The deal would call for an extension of the league’s grant of rights through 2046, providing long-term stability for the league and making both further expansion and any chance league schools leave for the formation of a so-called super league unlikely.

A conference-wide call with league presidents and athletic directors on the deal was tentatively planned for Thursday, but there might be more work to be done before then if winning Michigan and USC over is possible. No official vote has been scheduled.

“Setting up a structure that can maximize that activity is important,” Big Ten commissioner Tony Petitti said last week at the league’s basketball media days. “Whether or not we need a strategic investment to help us, we’ll determine. But it’ll be done by all 18 leaders, and I think it’s no different than looking at the other buckets that we have to maximize resources. It’s one other avenue that may or may not be available to us.”

Although governance over campuses varies by institution, both USC and Michigan have interim presidents, meaning their boards of trustees might carry more influence than normal, especially on a 10-figure deal that could span decades.

The pension fund is not a private equity firm, which has been attractive to the Big Ten and its schools. The UC fund valuation proved to be higher than other competing bids, per sources, which made it attractive.

The money infusion is believed to be acutely needed at a number of Big Ten schools that are struggling with debt service on new construction, rising operational expenses and providing additional scholarships and direct revenue ($20.5 million this year and expected to rise annually) to athletes.

Just this week, Penn State terminated the contract of football coach James Franklin and could owe as much as $49 million, although that figure could be mitigated lower.

The Big Ten has argued that the deal would alleviate financial strain and help middle- and lower-tier Big Ten schools compete in football against the SEC.

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Hamlin records emotional 60th win, into finale

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Hamlin records emotional 60th win, into finale

LAS VEGAS — With tears in his eyes and needing a moment to compose himself, Denny Hamlin collected his sixth checkered flag and reflected on everything it meant.

The victory Sunday at Las Vegas Motor Speedway was the 60th of his career — a lifetime goal he dedicated to his ailing father — and it gave him the first of the four spots in NASCAR’s winner-take-all championship finale.

Hamlin, 44, a three-time Daytona 500 winner considered the greatest driver to never win a Cup Series title, is back in the championship race for the first time since 2021. He’s Joe Gibbs Racing’s winningest driver and now Toyota’s as well.

The Virginia driver is tied for 10th on NASCAR’s career victories list with Kevin Harvick.

Hamlin couldn’t hold back the tears after a frantic final 10-lap drive to run down Kyle Larson and then JGR teammate Chase Briscoe. Two weeks ago, he thought he had his 60th win locked up at Kansas Speedway and was bitterly disappointed to come up short and mentioned letting down his ailing father.

He made good on it two weeks later at Las Vegas in what might be the most important win of his career. He said the win was for his 75-year-old father, who also was rooting for his son to hit the 60-win mark.

“You know, he’s just not doing well, you know, he’s the one that got me into racing and took me to a racetrack when I was 5,” Hamlin said. “Then made all the sacrifices financially to keep me going, sold everything we had, we almost lost our house a couple times to just try to keep it going.

“I’m glad he was able to see 60. That was so important to me.”

Hamlin took four tires on the final restart and restarted in fifth before slicing his way through traffic. He first got past Joey Logano, who had only two new tires, needed a few laps to run down Larson on the inside, and then finally took the lead from Briscoe, who was also on only two tires.

This is the deepest in the playoffs new crew chief Chris Gayle has ever advanced, and Hamlin credited adjustments on the final pit stop for getting him his seventh win of the season — his most since 2020.

“Just putting down all the factors, I just can’t imagine there’s a win bigger for me than this one,” Hamlin said.

Joe Gibbs, who lost both his sons before they turned 50, was touched by Hamlin’s dedication.

“I know one of the things he shared there was his dad. That was emotional for everybody,” Gibbs said.

Larson, seeking to end a 20-race losing streak, was second in a Chevrolet for Hendrick Motorsports. JGR drivers Christopher Bell and Briscoe were third and fourth, Tyler Reddick who drives for Hamlin at 23XI Racing was fifth, and reigning Cup Series champion Logano was sixth.

Five of the top six — only Reddick — are still in the playoff field. The others are Chase Elliott, who finished 18th; Daytona 500 winner William Byron was 36th and Ryan Blaney was last in 38th.

Byron was out front and then wiggled out of the groove with 35 laps remaining, saved his Chevrolet from crashing, but teammate Larson sailed past him for the lead. Minutes later he was involved in a race-ending crash when he drilled into the back of Ty Dillon, unaware that Dillon was slowing to head to pit road.

“I never saw him wave, I had no indication he was pitting,” Byron said. “I had zero idea. I am just devastated. Obviously, I wouldn’t have driven full speed into him.”

The bottom four drivers in the playoff standings with two races remaining in this round are Byron, Elliott, Logano and Blaney.

Bad day for Blaney

Blaney, second in points at the start of the race, saw his title hopes take a severe hit when a tire issue caused him to crash into the wall with nine laps remaining in the first stage.

His race immediately ended, he finished 38th and dropped to the bottom of the eight-driver playoff round. Blaney is the 2023 Cup Series champion, with teammate Joey Logano winning titles in 2022 and 2024 to give Team Penske three straight.

The upside is Blaney races next at Talladega Superspeedway, where he’s a three-time winner and considers himself to be in a must-win situation.

“You’ve got to be optimistic. I’m not very happy right now, but tomorrow morning I’ll be optimistic to go to the next race,” Blaney said. “We’ve had good success at the next two events, so hopefully we can come and bring the speed and try to overcome the hole we put ourselves in.”

Reddick’s son

Reddick, who was eliminated from the playoffs last weekend, is still racing despite serious health complications facing his infant son.

Rookie Reddick, the second son born to Tyler and Alexa Reddick in May, has a “tumor that’s ‘choking’ the renal vein & renal artery. Telling the heart ‘Hey I’m not getting enough blood… pump harder,'” Alexa Reddick wrote in an update last week. She said it had caused an enlarged heart and the 4-month-old will need a kidney removed because doctors determined it is no longer functioning.

Alexa Reddick posted on social media ahead of Sunday’s race at Las Vegas that Rookie will have surgery Tuesday and will be moved to a unit to “monitor his heart and BP while his renin slowly drops.”

Edwards makes his NASCAR debut

Rob Edwards, the longtime team principal of the Andretti Global IndyCar program, made his NASCAR debut this weekend in his new role with the overall ownership group.

Edwards will transition into the role of chief performance officer for TWG Motorsports, the Dan Towriss-led organization that owns teams in NASCAR, IndyCar, IMSA, Formula E and will launch the new Cadillac F1 team next season.

Edwards as part of his new role will be part of all of TWG’s properties — a move he told The Associated Press on Sunday he was excited for as it’s a new challenge after nearly three decades in IndyCar. He anticipates attending about a half-dozen NASCAR races next year with Spire Motorsports, where Towriss is now the majority owner.

Andretti Global last month named Ron Ruzewski, one of three fired Team Penske executives from an Indianapolis 500 scandal in May, as its new IndyCar team principal.

Up next

NASCAR races next Sunday at Talladega Superspeedway, where Ricky Stenhouse Jr. is the defending race winner. Stenhouse is not part of the playoff field.

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CFP Bubble Watch: Who’s in, who’s out, who has work to do at midseason

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CFP Bubble Watch: Who's in, who's out, who has work to do at midseason

Week 7 shook up the College Football Playoff picture. No team earned a more impactful result than Indiana, whose win at Oregon is now the best in the country during the first half of the season. Indiana’s playoff chances jumped 21%, climbing to a 93% chance to make the playoff, according to the Allstate Playoff Predictor.

Not only are the Hoosiers off the bubble, but Indiana also is chasing a first-round bye as one of the top four seeds, having cemented its place alongside Ohio State and Miami as one of the nation’s best teams.

Indiana wasn’t the only winner, though, as South Florida and Texas Tech both saw their playoff chances jump by at least 15%.

Below you’ll find one team in the spotlight for each of the Power 4 leagues and another identified as an enigma. We’ve also tiered schools into three groups. Teams with Would be in status are featured in this week’s top 12 projection, a snapshot of what the selection committee’s ranking would look like if it were released today. Teams listed as On the cusp are the true bubble teams and the first ones outside the bracket. A team with Work to do is passing the eye test (for the most part) and has a chance at winning its conference, which means a guaranteed spot in the playoff. And a team that Would be out is playing in the shadows of the playoff — for now.

The 13-member selection committee doesn’t always agree with the Allstate Playoff Predictor, so the following categories are based on historical knowledge of the group’s tendencies plus what each team has done to date.

Reminder: This will change from week to week as each team builds — or busts — its résumé.

Jump to a conference:
ACC | Big 12 | Big Ten
SEC | Independent | Group of 5
Bracket

SEC

Spotlight: Tennessee. The Vols have looked like a borderline playoff team against unranked opponents in recent weeks, beating Mississippi State and Arkansas by a combined 10 points with one overtime. Offensively they’ve been elite, averaging 300 yards passing and 200 rushing per game. Defensively, they need to stop the run to make to challenge in the SEC. They’ll have a chance against Alabama on Saturday to further legitimize their hopes. With a win, Tennessee’s chances of reaching the playoff would jump to 52%, according to the Allstate Playoff Predictor. Tennessee ranks No. 10 in ESPN’s game control metric and No. 19 in strength of record. The Vols are projected in the committee’s No. 12 spot this week, which means they would get knocked out of the actual field during the seeding process to make room for the highest-ranked Group of 5 champion. The five highest-ranked conference champions are guaranteed spots in the playoff, so if the fifth team is ranked outside of the committee’s top 12, its No. 12 team gets the boot.

Enigma: Texas. The Longhorns took a baby step toward a return to CFP relevance with a big win against Oklahoma, but it was their first win against a Power 4 opponent and their first against a ranked team. Texas has the 15th-most-difficult remaining schedule, and with two losses is already in a precarious position. The Longhorns will play three of their next four opponents on the road (at Kentucky, Mississippi State and Georgia). There were encouraging signs from the win against the rival Sooners, from the stingy defense that flustered quarterback John Mateer all game to what looked like an improved offensive line that gave quarterback Arch Manning some time to throw. He completed 16 of 17 passes for 119 yards and a touchdown when under no duress. If Texas can continue to put it all together against the heart of its SEC schedule, it could make a run to be one of the committee’s top two-loss teams.

If the playoff were today

Would be in: Alabama, Georgia, LSU, Oklahoma, Ole Miss, Texas A&M

On the cusp: Tennessee

Work to do: Missouri, Texas, Vanderbilt

Would be out: Arkansas, Auburn, Florida, Kentucky, Mississippi State, South Carolina


Big Ten

Spotlight: USC. The Trojans have looked like a CFP top 25 team through the first half of the season, with their only loss a close one on the road to a ranked Illinois team. In Week 7, USC’s convincing 31-13 win against Michigan pushed it into more serious Big Ten contention. Ohio State and Indiana are the leaders, followed by Oregon, but USC has the fourth-best chance (7.1%) to reach the Big Ten title game, according to ESPN Analytics. That will change when the Trojans go to Oregon on Nov. 22, but they don’t play Ohio State or Indiana during the regular season. A win at Notre Dame on Saturday would be a significant boost to USC’s playoff résumé, while simultaneously knocking the Irish out of playoff contention. According to the Allstate Playoff Predictor, USC’s chances of reaching the playoff would adjust to 58% with a win against Notre Dame. According to ESPN Analytics, USC has less than a 50% chance to win its games against Notre Dame and Oregon.

Enigma: Washington. The Huskies have improved significantly and quickly under coach Jedd Fisch, who’s in his second season. Their only loss was to Ohio State, 24-6, on Sept. 27, but they lack a statement win that gives them real postseason credibility. Wins at Washington State and Maryland are certainly respectable, but bigger opportunities loom starting on Saturday at Michigan. This game has significant implications, because if the Huskies can win, they stand a strong chance of hosting Oregon as a one-loss team in the regular-season finale. According to ESPN Analytics, Michigan has a 67.6% chance to win on Saturday, and Oregon has a 70% chance to beat Washington on Nov. 29. The Huskies are projected to win every other game, though. A win against Michigan could increase their playoff hopes significantly.

If the playoff were today

Would be in: Indiana, Ohio State, Oregon

On the cusp: USC

Work to do: Nebraska, Washington

Would be out: Iowa, Illinois, Maryland, Michigan, Michigan State, Minnesota, Northwestern, Penn State, Purdue, Rutgers, UCLA, Wisconsin


ACC

Spotlight: Georgia Tech. Raise your hand if you had Georgia Tech at Duke on Saturday circled as a game that would impact the College Football Playoff. The Yellow Jackets would have been the next team to crack the latest CFP projection this week, and their chances of reaching the ACC championship game will skyrocket if they can win at Duke. Georgia Tech currently has the fourth-best chance to reach the ACC title game behind Miami, Duke and Virginia. ESPN Analytics gives the Blue Devils a 61.8% chance to win. The only other projected loss on the Jackets’ schedule is the regular-season finale against Georgia. Even if Georgia Tech reaches the ACC title game and loses, it could get in as a second ACC team with a win over Georgia.

Enigma: Virginia. The Hoos have won back-to-back overtime games against Florida State and Louisville, putting themselves in contention for a spot in the ACC championship. They host a tricky Washington State team on Saturday that just gave Ole Miss a few headaches, though, and need to avoid a second loss to an unranked team. The toughest game left on their schedule is Nov. 15 at Duke. Without an ACC title, Virginia is going to have a tough time impressing the committee with a schedule that includes a loss to unranked NC State and possibly no wins against ranked opponents. It didn’t help the Hoos that Florida State lost to an unranked Pitt, as the win against the Noles was the highlight of their season so far.

If the playoff were today

Would be in: Miami

On the cusp: Georgia Tech

Work to do: Virginia

Would be out: Boston College, Cal, Clemson, Duke, Florida State, Louisville, North Carolina, NC State, Pitt, SMU, Stanford, Syracuse, Virginia Tech, Wake Forest


Big 12

Spotlight: BYU. The Cougars needed a late-night double-overtime win at Arizona to stay undefeated and are on the path to face Texas Tech in the Big 12 championship game. The question is if they can stay undefeated until the Nov. 8 regular-season matchup against the Red Raiders. BYU has its second-most difficult remaining game on Saturday against rival Utah, which is also in contention for the Big 12 title. BYU has a slim edge with a 51% chance to win, which would be a critical cushion considering back-to-back road trips to Iowa State and Texas Tech await. The Big 12 has also gotten a boost from Cincinnati, which has a favorable remaining schedule and could be a surprise CFP top 25 team. If BYU stumbles over the next three weeks, a road win at a ranked Cincinnati team would help its résumé. Speaking of the Bearcats …

Enigma: Cincinnati. Is this team for real? The Bearcats have won five straight since their 20-17 season-opening loss to Nebraska, including three straight against Big 12 opponents Kansas, Iowa State and UCF. All three of those teams are .500 or better, and the selection committee will respect that as long as it holds. Cincinnati also has November opportunities against Utah and BYU, which could change the playoff picture in the Big 12. ESPN Analytics gives the Bearcats less than a 50% chance to beat Utah, BYU and TCU.

If the playoff were today

Would be in: Texas Tech

On the cusp: BYU

Work to do: Cincinnati, Houston, Utah

Would be out: Arizona, Arizona State, Baylor, Colorado, Iowa State, Kansas, Kansas State, Oklahoma State, TCU, UCF, West Virginia


Independent

Would be out: Notre Dame. The Fighting Irish have the best chance to win out of any team in the FBS, with a 49% chance to finish 10-2. According to the Allstate Playoff Predictor, Notre Dame would have a 50% chance to reach the CFP if it runs the table. That seems accurate, given the selection committee would compare Notre Dame against the other 10-2 contenders, and it’s a coin toss as to whether the room would agree that the Irish’s résumé and film make them worthy of an at-large bid. How Miami and Texas A&M fare will impact this — as will the head-to-head results if those teams don’t win their respective leagues and are also competing with the Irish for one of those at-large spots. It helps Notre Dame that opponents USC and Navy could finish as CFP top 25 teams if they continue to win. Undefeated Navy could also make a run at the Group of 5 playoff spot.


Group of 5

Spotlight: South Florida. South Florida. The Bulls are back on top after their convincing 63-36 win at previously undefeated North Texas, which just a week ago was listed here as a potential Group of 5 contender. Following the win, the Bulls’ chances of reaching the CFP increased by 20%, according to ESPN Analytics. South Florida’s lone loss was Sept. 13 at Miami, 49-12, which was a significant defeat against what could be the committee’s No. 1 team. Although that result showed the gap between the Bulls and one of the nation’s top teams, it certainly didn’t eliminate South Florida, which has one of the best overall résumés of the other contenders. With wins against Boise State, Florida and now at North Texas, this is a team that earned the edge in this week’s latest projection. Still, South Florida has the second-best chance of any Group of 5 school to reach the playoff (30%) behind Memphis (42%), according to ESPN Analytics.

Enigma: UNLV. Undefeated UNLV survived a scare from 1-5 Air Force on Saturday to stay undefeated and in contention for a playoff spot. UNLV and Boise State, both of the Mountain West Conference, are the only teams outside of the American Conference with at least a 5% chance to reach the playoff, and they play each other in a critical game on Saturday. UNLV has scored at least 30 points in each of its six games this season and is 6-0 for the first time since 1974, but it hasn’t always been pretty. UNLV scored the winning touchdown against Air Force with 36 seconds left and allowed the Falcons 603 total yards. The Rebels have the fourth-best chance to reach the playoff at 9% behind the American’s Memphis, South Florida and Tulane.

If the playoff were today

Would be in: South Florida

Work to do: Memphis, Navy, Tulane, UNLV

Bracket

Based on our weekly projection, the seeding would be:

First-round byes

No. 1 Ohio State (Big Ten champ)
No. 2 Miami (ACC champ)
No. 3 Indiana
No. 4 Texas A&M (SEC champ)

First-round games

On campus, Dec. 19 and 20

No. 12 South Florida (American champ) at No. 5 Alabama
No. 11 LSU at No. 6 Ole Miss
No. 10 Oklahoma at No. 7 Georgia
No. 9 Texas Tech (Big 12 champ) at No. 8 Oregon

Quarterfinal games

At the Goodyear Cotton Bowl, Capital One Orange Bowl, Rose Bowl Presented by Prudential and Allstate Sugar Bowl on Dec. 31 and Jan. 1.

No. 12 South Florida/No. 5 Alabama winner vs. No. 4 Texas A&M
No. 11 LSU/No. 6 Ole Miss winner vs. No. 3 Indiana
No. 10 Oklahoma/No. 7 Georgia winner vs. No. 2 Miami
No. 9 Texas Tech/No. 8 Oregon winner vs. No. 1 Ohio State

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2025 NLCS: Live updates and analysis from Game 2

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2025 NLCS: Live updates and analysis from Game 2

The opener of the National League Championship Series between the Los Angeles Dodgers and the Milwaukee Brewers had a little bit of everything.

So what can we expect in Game 2? We’ve got you covered with the top moments from today’s game, as well as takeaways after the final out.

Key links: How this NLCS could decide if baseball is played in 2027 | Bracket

Top moments

Follow pitch-by-pitch on Gamecast

Ohtani gets in on the fun with RBI single

Muncy’s drive adds to L.A.’s lead

Dodgers take their first lead of Game 2

Teoscar answers with a blast of his own

Chourio gets Brewers on board first

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