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The risks and rewards of Utah’s private equity plans: Will others around college sports follow?
9+ mon, 5+ day ago (787+ words) The company would focus on increasing revenues through things like ticketing, hospitality and licensing. Chris Gardner / Getty Images Utah took college sports’ biggest step into private equity yet Tuesday when it approved a plan to partner with a private investment…...
Affordability Tops Concerns For Grocery Industry In Utah
2+ week, 3+ day ago (1176+ words) Utah’s grocery industry is in good shape, with a strong independent retail sector and rapid population growth working in its favor, though affordability remains top of mind, according to Dave Davis, president and chief legal officer of the Utah Food…...
Utah athletics becomes first to close private equity deal - AOL
3+ mon, 1+ day ago (189+ words) The University of Utah finalized a groundbreaking partnership with a private equity firm on Friday to help fund the school's 19 athletic programs. The deal with New York-based Otro Capital creates a new company called Crimson Brand Partners, which will manage…...
University of Utah President Taylor Randall responds to Trump’s executive order ‘to save college sports’
5+ mon, 1+ week ago (865+ words) University of Utah President Taylor Randall responded to Friday’s Trump administration-issued executive order “to save college sports” — calling it a “meaningful step” toward stability at a historic moment of staggering disruption. In an executive order signed just hours before the…...
March Madness prediction markets draw scrutiny in Arizona, Utah
5+ mon, 3+ week ago (586+ words) Prediction markets such as Kalshi and Polymarket are growing during March Madness, but state officials say they may be skirting gambling laws. Here’s why Arizona and Utah are pushing back. As the NCAA men’s basketball tournament begins, Americans are expected…...
Utah Rep. Blake Moore wants to ban foreign countries from investing in college sports
7+ mon, 3+ day ago (372+ words) Student-athletes are increasingly exploring name, image and likeness contracts to benefit from their emerging stardoms. But lawmakers want to make sure those deals don’t provide loopholes for foreign adversaries to exert their influence in the United States. Utah Rep. Blake…...
Utah reportedly enters landmark private equity agreement raising half a billion dollars
9+ mon, 4+ day ago (405+ words) The University of Utah is finalizing a private equity partnership that would be the first of its kind in college athletics. The Utes administration is set to enter into an agreement with New York-based firm Otro Capital that will help…...
Utah reportedly enters landmark private equity agreement raising half a billion dollars | Sporting News
9+ mon, 4+ day ago (379+ words) The University of Utah is finalizing a private equity partnership that would be the first of its kind in college athletics. The Utes administration is set to enter into an agreement with New York-based firm Otro Capital that will help…...