I spent an afternoon last week golfing with a former NFL veteran and CFB Dback. Here is what he told me the future of college football holds.
Some athletic departments are stand alone legal entities. Ohio State for example. That gives entry to this model.
Private equity firms are looking to “buy” athletic departments and they will manage the finances, select coaches and pay players. In turn, they will take in TV and other revenue and pay the university on some calculated basis.
It is too expensive he says, to buy an NFL franchise, so this semi professional option is attractive with existing brands, fans, etc.
He said there will be 3, maybe 4 “leagues”. The Big Ten and SEC are the only certain 2.
Collective bargaining and revenue sharing are a must.
This guy is smart and is a financial professional.
Take it for what it is worth, but it makes sense.
Some athletic departments are stand alone legal entities. Ohio State for example. That gives entry to this model.
Private equity firms are looking to “buy” athletic departments and they will manage the finances, select coaches and pay players. In turn, they will take in TV and other revenue and pay the university on some calculated basis.
It is too expensive he says, to buy an NFL franchise, so this semi professional option is attractive with existing brands, fans, etc.
He said there will be 3, maybe 4 “leagues”. The Big Ten and SEC are the only certain 2.
Collective bargaining and revenue sharing are a must.
This guy is smart and is a financial professional.
Take it for what it is worth, but it makes sense.