Are College Sports Programs About To Make A HUGE MISTAKE? | Miami Talent Upgrades | Syracuse Rising

Are major college sports programs about to make a costly mistake by taking on private credit? SEC Commissioner Greg Sankey warned against the dangers this week, saying, “In my experience, those involved with private equity want to be paid back, so I would caution people around the notion of short term fixes.” Schools will soon be looking for cash infusions like this since they will be on the hook for around $30 million extra per year in expenses after the House vs. NCAA settlement passes. Is the stability in revenue from ticket sales and TV money enough to ensure that these loans can easily be paid back?Hosts Alex Donno and Kenton Gibbs talk about the possible pitfalls of taking on private credit. Gibbs notes that an SEC leader recently said that college sports doesn’t have a revenue problem, they have a spending problem. The guys take a look at how much talent the Miami Hurricanes have added through recruiting and the transfer portal. Can Mario Cristobal put everything together? The guys examine the excellent start Fran Brown is off to at Syracuse. The Orange just enjoyed their best recruiting class in decades and their best ever Transfer Portal.Support Us By Supporting Our Sponsors!GametimeDownload the Gametime app, create an account, and use code LOCKEDONCOLLEGE for $20 off your first purchase. Terms apply.FanDuelFanDuel, America’s Number One Sportsbook. Right now, NEW customers get ONE HUNDRED AND FIFTY DOLLARS in BONUS BETS with any winning GUARANTEED That’s A HUNDRED AND FIFTY BUCKS – with any winning FIVE DOLLAR BET! Visit FanDuel.com/LOCKEDON to get started. eBay MotorsFrom brakes to exhaust kits and beyond, eBay Motors has over 122 million parts to keep your ride-or-die alive. With all the parts you need at the prices you want, it’s easy to bring home that big win. Keep your ride-or-die alive at EbayMotors.com. Eligible items only. Exclusions apply. eBay Guaranteed Fit only available to US customers.FANDUEL DISCLAIMER: 21+ in select states. First online real money wager only. Bonus issued as nonwithdrawable free bets that expires in 14 days. Restrictions apply. See terms at sportsbook.fanduel.com. Gambling Problem? Call 1-800-GAMBLER or visit FanDuel.com/RG (CO, IA, MD, MI, NJ, PA, IL, VA, WV), 1-800-NEXT-STEP or text NEXTSTEP to 53342 (AZ), 1-888-789-7777 or visit ccpg.org/chat (CT), 1-800-9-WITH-IT (IN), 1-800-522-4700 (WY, KS) or visit ksgamblinghelp.com (KS), 1-877-770-STOP (LA), 1-877-8-HOPENY or text HOPENY (467369) (NY), TN REDLINE 1-800-889-9789 (TN)    Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.