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Kentucky to shift athletic dept. to private LLC company in historic move
Posted on 4/27/25 at 5:41 pm
Posted on 4/27/25 at 5:41 pm
quote:
By shifting its actual athletic department into a private, for-profit company structure, Kentucky will be able to explore new ways of raising money, including public-private partnerships, to handle expenses as college football and other sports prepare to share revenue with athletes.
“We believe this is an innovative approach, a new structure and governance model that thoughtfully contemplates how we strengthen Athletics, protect and promote the University, and open up new opportunities for growth,” Kentucky president Eli Capulouto said.
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Posted on 4/27/25 at 5:43 pm to The Egg
College sports is suffering
Posted on 4/27/25 at 5:43 pm to The Egg
Wow. Need more information, but this certainly seems like going in the direction of killing college sports.
Posted on 4/27/25 at 5:45 pm to The Egg
This has all the makings of a disaster.
Posted on 4/27/25 at 5:47 pm to The Egg
Interesting so now will fans be able to sue if some kid fricks his life up and tanks the fan’s investment?
Posted on 4/27/25 at 5:50 pm to The Egg
I've stopped caring about college sports entirely
Posted on 4/27/25 at 5:51 pm to The Egg
Kentucky is scared.
Posted on 4/27/25 at 5:52 pm to The Egg
Kentucky. Saudis. Collision Course.
Posted on 4/27/25 at 5:54 pm to saintsfan22
quote:Saudis will be involved in a big way imo
Kentucky. Saudis. Collision Course.
Posted on 4/27/25 at 5:55 pm to SwaggerCopter
quote:
Wow. Need more information, but this certainly seems like going in the direction of killing college sports.
This path could lead to athletics being technically split off from the university, but the university licenses use of their logos and facilities to the private entity.
Posted on 4/27/25 at 6:01 pm to The Egg
Posted on 4/27/25 at 6:02 pm to The Egg
I’d rather just watch professional sports if this is the future direction for everyone
Posted on 4/27/25 at 6:17 pm to The Egg
What are the tax implications here?
Posted on 4/27/25 at 6:19 pm to The Egg
So Kentucky student athletes are now employees/contractors of the LLC?
And in that regard how do scholarships work? If Kentucky athletics is a separate entity, how does playing for Kentucky equate to access to the University of Kentucky? I'm sure people smarter than me have the answers to this but the mechanics of separating the entities and still having "student athletes" is interesting
And in that regard how do scholarships work? If Kentucky athletics is a separate entity, how does playing for Kentucky equate to access to the University of Kentucky? I'm sure people smarter than me have the answers to this but the mechanics of separating the entities and still having "student athletes" is interesting
This post was edited on 4/27/25 at 6:24 pm
Posted on 4/27/25 at 6:25 pm to The Egg
"Just pay the players" 
Posted on 4/27/25 at 6:25 pm to Lsuhoohoo
I guess it’s a relief for professors and tutors. No need perpetuating the fiction that most of these guys are students.
Posted on 4/27/25 at 6:27 pm to SkintBack
quote:
College sports is suffering
College athletes as we once knew it is over and it’s not coming back.
Posted on 4/27/25 at 6:27 pm to NIH
I remember when I was going to UNL and if I had a football player in a gen Ed class most of the time they'd hardly show up. Usually every other week, midterm and final.
Posted on 4/27/25 at 6:34 pm to The Egg
quote:
Kentucky to shift athletic dept. to private LLC company in historic move
So, Kentucky is the first college sports franchise.
Neat.
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