The University of Utah's board of trustees on Tuesday unanimously approved the creation of a for-profit company in partnership with private equity firm Otro Capital.
Why it matters: Private equity is becoming part of college sports, after several stalled attempts.
FIFA president Gianni Infantino was reported to the soccer world governing body's ethics investigators over his public support for President Trump and a peace prize awarded to the U.S. leader, a human rights nonprofit announced Tuesday.
The big picture: Infantino has said he considers Trump "a close friend" and said at the 2026 soccer World Cup draw in D.C. last Friday he was awarding him the inaugural FIFA Peace Prize for his "unwavering commitment to advancing peace and unity."
