Howard Basketball Coach Exploring Private Investment Amid Changing NCAA Landscape ...Middle East

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By Riley Overend on SwimSwam Could private investors be the answer to questions of financial sustainability facing the future of college sports? Howard men’s basketball coach Kenny Blakeney thinks so. Blakeney has reportedly met with private equity investors this summer asking $100 million for a 33% stake in his program. He envisions the money going toward upgrading Howard’s arena ($50 million) and roster ($4-5 million reserved for name, image, and likeness). Further into the future, Blakeney wants the Bison to secure their own television deal or join a bigger conference as an affiliate school — potentially the Big East, as he mentioned in one written proposal. “I don’t want to have a two-ti

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Howard Basketball Coach Exploring Private Investment Amid Changing NCAA Landscape ...Middle East

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