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FCS playoff teams lose money despite strong viewership, spurring a push to restructure under private equity.
FCS playoff teams face significant financial losses despite strong attendance and viewership, prompting conference leaders to explore a private equity-backed overhaul.
A proposal from Sequence Equity would restructure the playoffs with FCS conferences as majority owners, injecting tens of millions to boost revenue and distribute funds to schools, similar to the Bowl Subdivision model.
The NCAA currently manages the playoffs under a $115 million ESPN deal through 2032, requiring approval from multiple bodies to shift control.
Recent title games drew up to 3.1 million viewers, highlighting untapped potential.
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Los equipos de los playoffs de la FCS pierden dinero a pesar de la gran audiencia, lo que estimula un impulso para reestructurarse bajo capital privado.