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Heartland College Sports: The Big 12 Sports Podcast

BIG 12 Expansion Watch: Private Equity Deal Ties USF — And Even Florida State to Conference

Heartland College Sports: The Big 12 Sports Podcast

Pete Mundo

Sports, Basketball, Football

4.8870 Ratings

🗓️ 18 December 2025

⏱️ 10 minutes

🧾️ Download transcript

Summary

The Big 12 Conference’s new private equity partnership with Weatherford Capital has raised some interesting questions about the league’s long-term future — including conference expansion.


Heartland College Sports' Pete Mundo explains how two brothers serving as managing partners at Weatherford Capital have deep institutional ties to both South Florida (USF) and Florida State, which has sparked speculation: Could the Big 12 and USF eventually strike a deal?



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Transcript

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0:00.5

So here's what's going on that has people intrigued by the idea and the possibility of USF, South Florida, being a target for the Big 12 and USF making a play at the Big 12.

0:14.6

I'm Pete Mundo, Heartland College, sports.

0:16.4

Glad you're joining us.

0:17.3

We cover the Big 12 conference.

0:18.7

We are glad you are here as always as a part of the

0:20.8

show. Make sure that if you're a Big 12 football, basketball, baseball, baseball fan, you are subscribed

0:27.7

right here on the Heartland College Sports YouTube channel and on the podcast. So this is what came up

0:34.6

on our message boards at Heartlandcollege sports.com.

0:37.9

And it was from a USF, not just fan, but somebody who knows what's going on with the

0:44.1

Bulls. And it's connecting a few dots that I thought were worth sharing with you here on the show.

0:49.7

So you recall, we talked about this a couple of weeks ago, the Big 12 was wrapping up a deal with Redbird and Weatherford Capital for a cash infusion

0:59.0

of as much as half a billion dollars to schools, as well as striking a strategic

1:06.8

investment partnership with the firms at the league office.

1:11.1

So you're like, okay, half a billion dollars, accessible for the Big 12 schools, the money's

1:16.5

out of control in college football.

1:18.3

But how does this tie in to USF?

1:21.4

So let's connect some dots here.

1:23.8

First off, the Big 12 has UCF in the conference, right?

1:27.2

The I-4 corridor, as it's called,

1:30.2

from Orlando to Tampa, is one of the fastest growing parts of the state and has been for,

1:35.1

gosh, a couple of decades now. Florida natives know this better than me, but it's something

1:39.3

that's been on the table and has been growing rapidly for a long time. My folks were in the Orlando area for about

...

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