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Crisis in College Sports and Controversy Over Capital Injection

Fortune +1 ·

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  1. 1A $2.4 billion investment deal with a Big Ten Conference public pension fund failed last fall.
  2. 2Student-athletes earn more than $2 billion annually through revenue sharing and marketing deals.
  3. 3Total severance pay for coaches fired since 2015 exceeds $1 billion.

So what's the key point?

A pension fund's deal to provide money to the Big Ten Conference fell through. The large amounts of money earned by student-athletes and paid out in coaching severance packages caused issues.

Source Fortune +1 · View original ↗

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