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UNWAVERING: BYU Cougars Stun Big 12 by REFUSING $30 Million RedBird Private Equity Deal – Here’s Why
Brigham Young University’s principled stand against debt is sending shockwaves through the Big 12’s financial playbook as RedBird Capital offers a game-changing $500 million private equity package. Jake Hatch and Drake Toll spotlight how the BYU Cougars’ deep-rooted commitment to fiscal discipline—anchored in the ethos of the Church of Jesus Christ of Latter-day Saints—has made them one of the first schools to reject the enticing, no-strings-now, pay-later $30 million cash infusion. With a long history of raising all funds before breaking ground and a mandate to oerate in the black from the…
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