This basketball coach wants to sell his program for $100 million. Seriously. - News Summed Up

This basketball coach wants to sell his program for $100 million. Seriously.


He met with a private equity firm in June. In mid-July, he flew to Las Vegas for a charity golf outing and talked with private equity investors — plus some other rich folks — on the course. Private equity, they reasoned, is often looking for quick and substantial returns on investment. Florida State has long been interested in private equity investments for its athletic department. There has to be some conversations.”AdvertisementWhen he projects future revenue to investors, Blakeney hammers the untapped revenue streams at Howard.


Source: Washington Post August 03, 2024 20:47 UTC



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