#athletic departments Tech News.
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FinanceFortuneabout 2 hours ago
College sports departments chase $40M talent raceCollege athletic departments now face talent costs exceeding $40 million annually, prompting schools like Louisville, Kentucky, North Carolina, and LSU to create nonprofits and LLCs for new revenue. Louisville launched Cardinal Ventures; Virginia Tech received a $75 million gift for Hokie Ventures. Critics question charitable purposes and spending control.
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