Elevate launches $500 million college sports investment

From CNBC: 2025-06-09 08:00:00

Elevate announced a $500 million fund to help universities create growth through investments amid changes in college athletics. A judge approved a settlement requiring schools to pay up to $20.5 million to student-athletes. Elevate works with schools to monetize projects and enhance fan experience, with $3 billion expected in stadium spending in 2026.



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