What A Collegiate Athletics LLC Could Mean for the Future of College Sports
Summary by James Moore
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What A Collegiate Athletics LLC Could Mean for the Future of College Sports
The University of Kentucky’s announcement that it is spinning off its athletic department into a limited liability company (LLC) has sparked questions across the country: What does this mean? Is this a new trend? And how will it affect college athletic departments, especially in a time when revenue sharing, NIL and IRS scrutiny are all accelerating? While we don’t know the full details of Kentucky’s specific collegiate athletics LLC structure, t…
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