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Why Oklahoma State’s Chad Weiberg Made Right Call Passing on Private Capital

Oklahoma State Cowboys On SI·Matt Postins·23 days ago
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One by one, each of the Big 12 Conference’s members considers the private capital line of credit being offered by the league’s new deal. One by one, they pass. Oklahoma State is the latest school to take a pass on the one-time, $30 million line of credit being offered through RedBird Capital and Weatherford. Athletic Director Chad Weiberg announced that during an appearance on Inside OSU Athletics, the school’s official podcast hosted by Dave Hunziker. While Weiberg credited Big 12 commissioner Brett Yormark’s deal-making, he said the line of credit is not something he’s pursuing. “As of right now, that is something that Oklahoma State will not do at this point,” he said. “Should we need something like that, we believe we have other avenues or levers we could pull first before that.…

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