NFL

Fantasy

About Us

Utah reportedly enters landmark private equity agreement raising half a billion dollars

The University of Utah is finalizing a private equity partnership that would be the first of its kind in college athletics.

The Utes administration is set to enter into an agreement with New York-based firm Otro Capital that will help generate an estimated $500 million for the school, per an announcement Tuesday. The deal is expected to be finalized early next year. This was cleared by the NCAA, according to Yahoo Sports' Ross Dellenger .

Utah President Taylor Randall and Athletic Director Mark Harlan must reportedly retain majority decision-making control to remain compliant in the deal, at least in this case, per NCAA rules.

With the groundbreaking deal comes the creation

See Full Page