Good morning, and thanks for your continued support of Extra Points.

Back on October 8, Yahoo! Sports published a story breaking down the efforts of a different group of investors trying to bring order to the chaos of big time college football.

The proposal, constructed by venture capital firm Smash Capital, called for Smash, schools and media companies to move college football completely out of the current NCAA regulatory system and into a new, for-profit, league. This league would have just 70 teams, all power conference institutions, with centralized governance, centralized scheduling, and player compensation.

I am unaware of anything to suggest that such a proposal is on the verge of being imminently accepted by a critical mass of power conference schools. Leaders of the Big Ten and SEC have notably been very cool to the idea of accepting PE-backed leadership or control of college athletics, and as we’ll note later, the Smash proposal, like earlier PE proposals, has legal and logistical challenges.

Still, folks are listening, and I thought it would be instructive for our audience to better understand exactly what the folks at Smash are proposing.

I’ve obtained a copy of a 14-slide Executive Summary of the Project Rudy proposal, via multiple sources, produced in September. Representatives from the company did not respond to a request for comment from Extra Points.

Here’s what the deck proposed:

Want to read the rest of the newsletter? Subscribe today!

Premium Subscriptions make Extra Points possible. Upgrade today to get access to everything we write: