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Ben F's avatar
Jun 9Edited

Well that happened quickly

Sportico: Penn State and UCLA are the first two schools to sign on to Elevate's new College Investment Initiative, thus leading college athletic departments' shift toward private equity investment.

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Nicholas Young's avatar

Alex, there is also a "Barbarians at the Gate" movie too!

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Alex Kirshner's avatar

I've seen YouTube clips of this and I'm kind of amazed (and not necessarily in an encouraging way) that they thought this would be good movie fodder. Maybe I'll give it a try lol

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Dan Klobucar's avatar

The one thing I'd like to point out on any potential bill that regulates NIL payments and it's chances in Congress. While it may or may not have bipartisan support, I'm not really sure that a bill sponsored by Tommy Tuberville, meant to reduce the salaries of what I'm sure he sees as privileged black athletes, is going to get support from other Senators like Marsha Blackburn and others who rep states that have schools that benefit from large donor funded collectives.

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