Author: Joe Drape

August 31, 2026 Joe Drape

Private Equity Wants to Invest in College Sports. Some Schools Are Wary.

As desperate as many athletic programs are for money, they are proceeding cautiously when it comes to deals with private equity.

Was It a Betting Plot, or Were the Horses Just Surprisingly Fast?

When several horses wildly outperformed the odds at tracks at Saratoga and the Jersey Shore, bookmakers in London were stung and industry watchers suspected an elaborate plot.