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Athletic endowment
Posted on 11/30/24 at 7:29 am
Posted on 11/30/24 at 7:29 am
Sorry if discussed or I’m uneducated what’s to stop these athletic programs in college from building massive endowment that supports the athletes.
Again I could be wrong but the big systems like the IVY leagues and the University of Texas collective have 30-45 billion in AUM. The funds provide for expansion into the school.
Something similar could be done athletically. By coming into the athletic endowment system you would be able to receive whatever your desired form of compensation is. 2) you could have someone running this endowment in the market making money of the balance 3) Athletes would then also pay a very small portion of contract back into the collective to support the next athlete.
Again I could be wrong but the big systems like the IVY leagues and the University of Texas collective have 30-45 billion in AUM. The funds provide for expansion into the school.
Something similar could be done athletically. By coming into the athletic endowment system you would be able to receive whatever your desired form of compensation is. 2) you could have someone running this endowment in the market making money of the balance 3) Athletes would then also pay a very small portion of contract back into the collective to support the next athlete.
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