BYU's Faith-Driven REFUSAL to Take Millions in Private Equity Money—Will it Preserve Their LEGACY? | Big 12 Boast Strong QB Contingent Led by Bear Bachmeier | Who Will Win Big 12 This Fall? episode artwork

EPISODE · May 20, 2026 · 33 MIN

BYU's Faith-Driven REFUSAL to Take Millions in Private Equity Money—Will it Preserve Their LEGACY? | Big 12 Boast Strong QB Contingent Led by Bear Bachmeier | Who Will Win Big 12 This Fall?

from Locked On Cougars - Daily Podcast On BYU Cougars Football & Basketball · host Jake Hatch, Kevin Borba, Kalani Sitake, Deion Sanders, Coach Prime, Bear Bachmeier, LJ Martin, Julian Lewis, Noah Fifita, Brendan Sorsby, Brett Yormark, Brian Santiago, DJ Lagway, Drew Mestemaker

Big 12 football stuns the college sports scene as major programs—BYU, Colorado, Texas Tech, and others—reject a $30 million private equity lifeline, sparking questions about financial wisdom and long-term vision in the NIL era. Is refusing instant capital a sign of confidence, or are these programs risking their future competitiveness? The episode opens with Kevin Borba and Jake Hatch dissecting the high-stakes decision, breaking down why schools are turning away from Redbird Capital’s offer. Concerns over steep interest rates, diminished financial autonomy, and the potential reputation hit of being linked with private equity force teams into a tense stand-off. Programs like Colorado, led by a fundraising-focused AD, envision a sustainable financial ecosystem, while BYU’s debt-averse philosophy—rooted in its institutional values and teachings of the Church of Jesus Christ of Latter-day Saints—sets a unique standard in college athletics. The discussion then turns to the most competitive Big 12 quarterback crop in recent memory. With stars like Bear Bachmeier propelling BYU to a 12-2 campaign, DJ Lagway energizing Baylor, and promising talents like Alonza Barnett at UCF and Julian Lewis at Colorado, the conference’s offensive firepower is undeniable. Jake Hatch breaks down Bachmeier’s rapid rise after transferring in, emphasizing the pivotal role of LJ Martin and a veteran supporting cast. The conversation spotlights what it takes for a young QB like Lewis to thrive in Boulder—solid protection, a reliable run game, and a flexible system that doesn’t demand instant heroics. Questions swirl over high-ceiling situations like Connor Weigman’s at Houston and the player retention moves in Arizona with Noah Fifita. Can the Big 12’s loaded quarterback depth finally outshine the ACC and SEC, especially as preseason win totals reflect parity and unpredictability? With BYU and Texas Tech positioned as preseason favorites, the Big 12 championship race is wide open. Kevin Borba and Jake Hatch debate which programs aren’t getting enough attention—Houston, led by proven winner Willie Fritz, and Utah, whose complete trench overhaul could either make or break their campaign. Arizona’s Noah Fifita emerges as a symbol of loyalty and upside amidst transfer chaos, while Oklahoma State’s rapid transfer inflow garners both excitement and skepticism. Will the Big 12 yet again defy projections and serve up chaos, or will a new powerhouse finally seize control? All eyes are on the ever-mysterious conference, where each week delivers game-changing surprises and bruising battles for supremacy. Support Locked On Cougars: Follow & Subscribe on all Podcast platforms and on YouTube! Join the NEW Locked On Cougars Everydayer Club by clicking here! If you never miss an episode, it’s time to make it official. Join the Locked On Everydayer Club and get ad-free audio, access to our members-only Discord, and more — all built for our most loyal fans. Click here to learn more and join your team’s community: https://lockedonpodcasts.com/everydayerclub Jake Hatch brings you daily coverage of the BYU Cougars with the Locked On Cougars Podcast. Locked On Cougars brings BYU fans the latest news and comprehensive coverage when it comes to the BYU football and basketball programs as well as a look at the other teams in the BYU athletic department. Jake gives you his unique insights and insider information about the Cougs as they continue "on the trail to fame and glory" every weekday, along with interviews with players, coaches, experts, and alumni that you will not find anywhere else. Support Us By Supporting Our Sponsors! 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Big 12 football stuns the college sports scene as major programs—BYU, Colorado, Texas Tech, and others—reject a $30 million private equity lifeline, sparking questions about financial wisdom and long-term vision in the NIL era. Is refusing instant capital a sign of confidence, or are these programs risking their future competitiveness? The episode opens with Kevin Borba and Jake Hatch dissecting the high-stakes decision, breaking down why schools are turning away from Redbird Capital’s offer. Concerns over steep interest rates, diminished financial autonomy, and the potential reputation hit of being linked with private equity force teams into a tense stand-off. Programs like Colorado, led by a fundraising-focused AD, envision a sustainable financial ecosystem, while BYU’s debt-averse philosophy—rooted in its institutional values and teachings of the Church of Jesus Christ of Latter-day Saints—sets a unique standard in college athletics. The discussion then turns to the most competitive Big 12 quarterback crop in recent memory. With stars like Bear Bachmeier propelling BYU to a 12-2 campaign, DJ Lagway energizing Baylor, and promising talents like Alonza Barnett at UCF and Julian Lewis at Colorado, the conference’s offensive firepower is undeniable. Jake Hatch breaks down Bachmeier’s rapid rise after transferring in, emphasizing the pivotal role of LJ Martin and a veteran supporting cast. The conversation spotlights what it takes for a young QB like Lewis to thrive in Boulder—solid protection, a reliable run game, and a flexible system that doesn’t demand instant heroics. Questions swirl over high-ceiling situations like Connor Weigman’s at Houston and the player retention moves in Arizona with Noah Fifita. Can the Big 12’s loaded quarterback depth finally outshine the ACC and SEC, especially as preseason win totals reflect parity and unpredictability? With BYU and Texas Tech positioned as preseason favorites, the Big 12 championship race is wide open. Kevin Borba and Jake Hatch debate which programs aren’t getting enough attention—Houston, led by proven winner Willie Fritz, and Utah, whose complete trench overhaul could either make or break their campaign. Arizona’s Noah Fifita emerges as a symbol of loyalty and upside amidst transfer chaos, while Oklahoma State’s rapid transfer inflow garners both excitement and skepticism. Will the Big 12 yet again defy projections and serve up chaos, or will a new powerhouse finally seize control? All eyes are on the ever-mysterious conference, where each week delivers game-changing surprises and bruising battles for supremacy.

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BYU's Faith-Driven REFUSAL to Take Millions in Private Equity Money—Will it Preserve Their LEGACY? | Big 12 Boast Strong QB Contingent Led by Bear Bachmeier | Who Will Win Big 12 This Fall?

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