Private Investment Firms Launch Platform to Capitalize on Changing College Sports Landscape

Reported 10 months ago

Private investment firms RedBird Capital and Weatherford Capital have introduced Collegiate Athletic Solutions to help athletic departments secure funding amid the potential financial repercussions of a $2.77 billion antitrust lawsuit settlement facing the NCAA. CAS aims to provide capital and expertise to athletic departments in exchange for a share of future revenue, recognizing the need to adapt to the evolving collegiate athletics ecosystem and improve competitive positioning during this transformative period.

Source: YAHOO

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