"Private Equity Firms Target College Sports for Investment Opportunities"
TL;DR Summary
Weatherford Capital has launched Collegiate Athletic Solutions, a private equity platform aimed at boosting revenue for college athletic departments without taking direct ownership. Led by Drew and Will Weatherford, the initiative partners with RedBird Capital Partners and focuses on leveraging media rights and events to generate new revenue. This comes amid significant changes in college sports, including potential multi-billion-dollar settlements related to player compensation and increasing financial divides among universities.
Topics:sports#college-sports#ncaa#private-equity#revenue-generation#sports-business#weatherford-capital
- Tampa's Weatherford Capital launches sports private equity platform Tampa Bay Times
- College Sports Is About to Turn Pro. Private Equity Wants In. The Wall Street Journal
- Investment firms partner, eye lending to athletic departments ESPN
- Collegiate Athletic Solutions Fund Backed by Redbird, Weatherford Cap Sportico
- With college sports at critical juncture, private equity groups pushing for their piece Yahoo Sports
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