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Podcast: Locked On ACC - Daily College Football & Basketball Podcast
Episode: Are College Sports Programs About To Make A HUGE MISTAKE? | Miami Talent Upgrades | Syracuse Rising
Description: Are major college sports programs about to make a costly mistake by taking on private credit? SEC Commissioner Greg Sankey warned against the dangers this week, saying, “In my experience, those involved with private equity want to be paid back, so I would caution people around the notion of short term fixes.” Schools will soon be looking for cash infusions like this since they will be on the hook for around $30 million extra per year in expenses after the House vs. NCAA settlement passes. Is the stability in revenue from ticket sales and TV money enough to ensure that thes...