Utah athletics becomes first to close private equity deal
This story raises questions about governance, accountability, and American values.
Source: California Telegraph
1 min read
(Photo credit: Rob Gray-Imagn Images) 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 the athletic department's commercial operations including events at stadiums and arenas, branding, licensing and
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