Chad Weiberg confirms Oklahoma State not opting in to credit line through Big 12 private capital deal

“As of right now, that’s something that Oklahoma State will not do at this point. Should we need something like that, we believe that we’ll probably have other avenues or levers that we can pull first before that. But again, I applaud the commissioner for making those options available to us.”

As for the revenue streams Oklahoma State can tap in to, Weiberg cited factors such as multimedia rights agreements and licensing deals, in addition to the Big 12’s TV contract with FOX and ESPN. He also pointed to brand partnerships and Cowboys fans supporting those businesses.

“We’ve got a great, loyal fan base, and that’s still the biggest driver of our revenue streams,” Weiberg said. “There’s those things like multimedia rights, our partnerships with our apparel providers – so, in our case, Nike. … Those are all things that we have to continue to look at. Institutional support is something that is another bucket in that. Every institution approaches that differently.

“Of course, there’s all different kinds of institutions. Even in our own conference, there are several private institutions that do things very different than the public institutions do – like we are. There’s different rules and regulations, both by the legislature or by the state board of regents for us for us and others of how that works. That would be another bucket.”