Some interesting tidbits from the story.
70 permanent universities in the super league of 7 divisions. 50 remaining teams in FBS in a secondary division with the chance of promotion/relegation into an eighth division with the "big boys." Universities/programs in the permanent league cannot be relegated. Universities would own a percentage of the league, with major brands commanding larger slices of the pie (Alabama, Notre Dame, etc).
The rub: private equity firms will provide an influx of cash for stakes in the Universities' programs (gross).
SEC and B1G commissioners declined to speak with representatives of this super league pitch.
I'm guessing SEC and B1G like their secret plan more than this potential takeover of college athletics, or they haven't been greased enough.
This all feels dirty.