#athletic-department-finance

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Fundraising
fromESPN.com
1 day ago

Wetzel: Beware, college sports, private equity has arrived

Private equity offers $400M+ to Utah athletics, reflecting investor interest in college sports while the core problem remains unsustainable spending, not insufficient revenue.
fromInside Higher Ed | Higher Education News, Events and Jobs
1 month ago

Penn State Coach Gets $45M Buyout

Roughly five months after announcing the closure of seven campuses for financial reasons, Pennsylvania State University is set to pay at least $45 million to part ways with former head football coach James Franklin, who was fired over the weekend, The Athletic reported. Estimates of the buyout have ranged from $45 million to as high as $49 million, which is believed to be one of the highest in college football history.
Higher education
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