Marc Lasry on why colleges are hesitant to embrace private equity

Industry Trend - Sports are becoming less pure due to evolving financial dynamics [1][2] - The traditional view of college athletes playing for the love of the game is changing as athletes are now getting paid [2] - The catalyst for change may be teams realizing they cannot compete without embracing new financial models [3] Financial Implications - Teams may face difficult choices, such as diverting funds from medical or academic programs to pay athletes [3] - The core issue revolves around whether to sacrifice resources from other areas, like scholarships, to improve athletic performance [3]