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Report: Penn State Signs Private Capital Deal With Elevate
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Report: Penn State Signs Private Capital Deal With Elevate
Penn State reportedly signed an eight-figure private capital deal with Elevate, according to On3 reporter Pete Nakos on Monday morning. UCLA also signed the same deal with Elevate, making both athletic departments the first ones to take on private capital. Penn State Athletic Director Pat Kraft has denied that Penn State has agreed to a private equity deal with Elevate in a statement Monday afternoon, according to College Football insider Ross D…
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