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The $2B PE Baton Pass (Learfield/TPG) episode artwork

Apr 14, 2026 4 min

The $2B PE Baton Pass (Learfield/TPG)

from Agent Confidential Hosted by Mike Chaudron

Everyone is talking about the $2 billion dollar price tag, but no one is talking about the 'Exit'. TPG didn't just buy a media company, they bought the infrastructure for the next 50 years of college sports. Mike Chaudron breaks down the sophisticated PE to PE trade from Atairos/Fortress to TPG and reads the predictive analysis from Chapter 23 of his book, "Agent Confidential" that saw this coming before the deal was ever signed.

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The $2B PE Baton Pass (Learfield/TPG)

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This episode was published on April 14, 2026.

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