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College Sports PE Takes Next Step With $100M Utah-Otro Deal
Private equity firm Otro Capital is investing at least $100 million into a new company that encompasses most sports revenue at the University of Utah.
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frontofficesports.com
University of Utah Finalizes Private Equity Deal
The University of Utah has finalized a private equity deal with Otro Capital, making the Utes the first athletic department with a PE deal.
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nytimes.com
Utah finalizes college sports’ first single-school private equity deal, sets up new commercial entity
AD Mark Harlan said he was “very comfortable” with the governance structure and steps the Utes have taken to protect themselves financially.
