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NCAA news recap: House lawsuit to pay players, Fox Fridays, TNT in CFP
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Unverified Voracity Changes The Paradigm
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With college sports on the verge of sweeping change that could have long-term financial implications, two private investment firms have created a platform to help athletic departments find funding. RedBird Capital and Weatherford Capital announced Wednesday the creation of Collegiate Athletic Solutions, which is trying to cash in on a college sports landscape that’s facing significant upheaval. The NCAA and its member schools are expected to vote on a proposed $2.77 billion settlement of an antitrust lawsuit this week, one that could leave schools with tighter budgets, or in some cases financial hardships, in the coming years.
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